ROYAL CARIBBEAN CRUISES LTD (RCL) Form 10-Q — Oct 27, 2026
Royal Caribbean reported Q3 2026 revenue of $5.59 billion, up 8.8% year-over-year, with net income attributable to the company of $1.73 billion and diluted EPS of $6.45 versus $5.74 a year ago. Adjusted EPS rose to $6.58 from $5.80, driven by 8.4% capacity growth from new ships (Legend of the Seas, Celebrity Xcel, Star of the Seas) plus higher onboard spending per passenger. The company also disclosed its pending ~$3.0 billion acquisition of a 50% interest in Sandals and Beaches Resorts, expected to close in early 2027 and funded if needed by a committed $3 billion 364-day term loan from Morgan Stanley Senior Funding. Management will account for the stake under the equity method.
Key figures
- Eps
- 6.46
- Revenue
- 5591000000
- Net Income
- 1728000000
- Total Debt
- 22872000000
- Revenue Yoy
- 8.8%
- Total Assets
- 44813000000
- Cash Position
- 851000000
- Shares Outstanding
- 267470925
- Liquidity busd
- 7.4
- Q3 adjusted eps
- 6.58
- Occupancy q3 pct
- 112.4
- Net yields q3 usd
- 304.41
- Sandals stake pct
- 50
- Q3 dividend per share
- 1.5
- Undrawn revolver busd
- 6.6
- Buyback remaining musd
- 805
- Capacity growth q3 pct
- 8.4
- Nine month diluted eps
- 14.12
- Adjusted ebitda q3 musd
- 2539
- Nine month revenue musd
- 14876
- Sandals acquisition busd
- 3
- Ship order pipeline busd
- 19.4
- Full year 2026 capex busd
- 4.6
- Nine month net income musd
- 3798
- Q3 adjusted net income musd
- 1760
- Committed ship financing busd
- 17
AI analysis
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