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Royal Caribbean Group RCL Passenger — Total revenues

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Other financials

Income statement

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Revenue$4.5B+11.3%
Gross profit$2.2B+14.8%
Operating income$1.2B+23.0%
Net income$941.0M+28.9%
EPS (diluted)$3.48+28.9%

Balance sheet

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Cash & equivalents$512.0M+32.6%
Total debt$678.0M-19.9%
Total equity$9.8B+23.2%
Total assets$42.0B+12.1%

Cash flow

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Operating cash flow$1.8B+12.7%
CapEx$500.0M+16.8%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$86.08B+34.6%

Profitability

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Gross margin49.7%+1.5pp
Operating margin27.9%+2.2pp
Net margin24.4%+5.0pp
FCF margin20.9%

Returns & leverage

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Return on equity50.4%+0.9pp
Debt / equity0.1×0.0×
Current ratio0.2×0.0×

Where this comes from

Reported directly by Royal Caribbean Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Royal Caribbean Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Caribbean Group's passenger — total revenues?
Royal Caribbean Group (RCL) reported passenger — total revenues of $3.02B in Q1 2026.
How has Royal Caribbean Group's passenger — total revenues changed year-over-year?
Royal Caribbean Group's passenger — total revenues increased by 10.1% year-over-year, from $2.74B to $3.02B.
What is the long-term trend for Royal Caribbean Group's passenger — total revenues?
Over 4 years (2021 to 2025), Royal Caribbean Group's passenger — total revenues has grown at a 91.0% compound annual growth rate (CAGR), from $941M to $12.52B.
What does passenger — total revenues mean?
This metric represents the portion of total consolidated revenue generated specifically from the sale of cruise passage tickets, excluding onboard spending and other ancillary services. It serves as a primary indicator of the company's core pricing power and demand for its cruise vacation offerings. By isolating ticket sales, investors can evaluate the base level of consumer willingness to pay for the cruise experience itself, independent of secondary revenue streams.