RCL Q4 2025 Earnings — Royal Caribbean Cruises Ltd. Revenue & Financial Results | Market Cap Arena

RCLRoyal Caribbean Cruises Ltd.

$79B

Q4 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$4.3B+13.2% YoY

Gross Profit

$1.6B36.7% margin

Operating Income

$933M21.9% margin

Net Income

$754M17.7% margin

EPS (Diluted)

$2.76

QoQ Revenue Growth

-17.1%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$116M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$41.6B

Total Liabilities

$31.4B

Stockholders' Equity

$10.0B

Cash & Equivalents

$825M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$3.8B	+13.2%
Gross Profit	$1.6B	$1.7B	-8.5%
Operating Income	$933M	$624M	+49.5%
Net Income	$754M	$552M	+36.6%

Revenue Segments

Cruise Itinerary

$4.1B96%

Other Products And Services

$178M4%

Geographic Segments

North America

$2.8B69%

Asia Pacific

$554M14%

Europe

$488M12%

Other Region

$223M5%