Royal Caribbean Cruises (RCL) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Royal Caribbean Cruises Revenue Highlights

Latest Revenue (Y)

$17.93B

Latest Revenue (Q)

$4.45B

Main Segment (Y)

Cruise Itinerary

Main Geography (Y)

North America

Royal Caribbean Cruises Revenue by Period

Royal Caribbean Cruises Revenue by Year

Date	Revenue	Change
2025-12-31	$17.93B	8.80%
2024-12-31	$16.48B	18.60%
2023-12-31	$13.90B	57.24%
2022-12-31	$8.84B	477.02%
2021-12-31	$1.53B	-30.64%
2020-12-31	$2.21B	-79.83%
2019-12-31	$10.95B	15.34%
2018-12-31	$9.49B	8.16%
2017-12-31	$8.78B	3.31%
2016-12-31	$8.50B	2.38%
2015-12-31	$8.30B	2.79%
2014-12-31	$8.07B	1.43%
2013-12-31	$7.96B	3.54%
2012-12-31	$7.69B	2.00%
2011-12-31	$7.54B	11.62%
2010-12-31	$6.75B	14.65%
2009-12-31	$5.89B	-9.84%
2008-12-31	$6.53B	6.23%
2007-12-31	$6.15B	17.58%
2006-12-31	$5.23B	6.66%
2005-12-31	$4.90B	7.63%
2004-12-31	$4.56B	20.38%
2003-12-31	$3.78B	10.19%
2002-12-31	$3.43B	9.19%
2001-12-31	$3.15B	9.75%
2000-12-31	$2.87B	12.56%
1999-12-31	$2.55B	-3.42%
1998-12-31	$2.64B	35.96%
1997-12-31	$1.94B	42.86%
1996-12-31	$1.36B	14.64%
1995-12-31	$1.18B	1.08%
1994-12-31	$1.17B	5.27%
1993-12-31	$1.11B	-

Royal Caribbean Cruises generated $17.93B in revenue during NA 2025, up 8.80% compared to the previous quarter, and up 811.98% compared to the same period a year ago.

Royal Caribbean Cruises Revenue by Quarter

Date	Revenue	Change
2026-03-31	$4.45B	4.53%
2025-12-31	$4.26B	-17.12%
2025-09-30	$5.14B	13.24%
2025-06-30	$4.54B	13.48%
2025-03-31	$4.00B	6.33%
2024-12-31	$3.76B	-23.02%
2024-09-30	$4.89B	18.88%
2024-06-30	$4.11B	10.25%
2024-03-31	$3.73B	11.90%
2023-12-31	$3.33B	-19.92%
2023-09-30	$4.16B	18.08%
2023-06-30	$3.52B	22.07%
2023-03-31	$2.89B	10.83%
2022-12-31	$2.60B	-13.00%
2022-09-30	$2.99B	37.03%
2022-06-30	$2.18B	106.21%
2022-03-31	$1.06B	7.84%
2021-12-31	$982.25M	114.95%
2021-09-30	$456.96M	797.51%
2021-06-30	$50.91M	21.18%
2021-03-31	$42.01M	23.07%
2020-12-31	$34.14M	-201.34%
2020-09-30	$-33.69M	-119.18%
2020-06-30	$175.60M	-91.36%
2020-03-31	$2.03B	-19.25%
2019-12-31	$2.52B	-21.01%
2019-09-30	$3.19B	13.55%
2019-06-30	$2.81B	15.04%
2019-03-31	$2.44B	4.61%
2018-12-31	$2.33B	-16.59%
2018-09-30	$2.80B	19.62%
2018-06-30	$2.34B	15.28%
2018-03-31	$2.03B	1.16%
2017-12-31	$2.00B	-21.99%
2017-09-30	$2.57B	17.05%
2017-06-30	$2.20B	9.30%
2017-03-31	$2.01B	5.18%
2016-12-31	$1.91B	-25.51%
2016-09-30	$2.56B	21.78%
2016-06-30	$2.11B	9.78%
2016-03-31	$1.92B	0.83%
2015-12-31	$1.90B	-24.61%
2015-09-30	$2.52B	22.58%
2015-06-30	$2.06B	13.37%
2015-03-31	$1.82B	-0.12%
2014-12-31	$1.82B	-23.90%
2014-09-30	$2.39B	20.64%
2014-06-30	$1.98B	4.92%
2014-03-31	$1.89B	1.78%
2013-12-31	$1.85B	-19.79%
2013-09-30	$2.31B	22.78%
2013-06-30	$1.88B	-1.49%
2013-03-31	$1.91B	5.82%
2012-12-31	$1.81B	-18.88%
2012-09-30	$2.23B	22.26%
2012-06-30	$1.82B	-0.73%
2012-03-31	$1.83B	3.33%
2011-12-31	$1.78B	-23.54%
2011-09-30	$2.32B	31.34%
2011-06-30	$1.77B	5.73%
2011-03-31	$1.67B	4.21%
2010-12-31	$1.60B	-22.14%
2010-09-30	$2.06B	28.65%
2010-06-30	$1.60B	7.81%
2010-03-31	$1.49B	2.34%
2009-12-31	$1.45B	-17.68%
2009-09-30	$1.76B	30.73%
2009-06-30	$1.35B	1.77%
2009-03-31	$1.33B	-8.97%
2008-12-31	$1.46B	-29.42%
2008-09-30	$2.06B	30.28%
2008-06-30	$1.58B	10.82%
2008-03-31	$1.43B	-4.16%
2007-12-31	$1.49B	-

Royal Caribbean Cruises generated $4.45B in revenue during Q1 2026, up 4.53% compared to the previous quarter, and up 118.37% compared to the same period a year ago.

Royal Caribbean Cruises Revenue Breakdown

Royal Caribbean Cruises Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Other Products And Services	$864.00M	$788.00M	$458.25M	$105.76M	-
Cruise Itinerary	$17.07B	$15.70B	-	-	-
Product and Service, Other	-	-	$4.33B	$3.05B	$590.96M
Passenger	-	-	$9.57B	$5.79B	$941.17M
Port Costs	-	-	-	$638.80M	$104.80M

Royal Caribbean Cruises's latest annual revenue breakdown by segment (product or service), as of Dec 25: Cruise Itinerary (95.18%), and Other Products And Services (4.82%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Cruise Itinerary	$4.20B	$4.08B	$4.87B	$4.32B	$3.80B	$7.13B	$4.64B	$3.93B	-	-	-	-	-	-	-	-	-	-	-	-
Other Products And Services	$250.00M	$178.00M	$266.00M	$217.00M	$203.00M	$358.00M	$249.00M	$181.00M	$158.76M	$44.79M	$35.35M	$14.30M	-	-	-	-	-	-	-	-
Passenger	-	-	-	-	-	-	-	-	$2.29B	$2.94B	$2.44B	$1.90B	$1.70B	$2.02B	$1.42B	$651.86M	$617.39M	$280.15M	$22.79M	$20.84M
Product and Service, Other	-	-	-	-	-	-	-	-	$1.04B	$1.22B	$1.08B	$988.63M	$901.53M	$972.10M	$766.04M	$407.37M	$364.85M	$176.81M	$28.13M	$21.17M
Port Costs	-	-	-	-	-	-	-	-	-	-	-	-	$192.50M	$70.90M	$29.30M	$3.20M	-	-	-	-

Royal Caribbean Cruises's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Cruise Itinerary (94.38%), and Other Products And Services (5.62%).

Royal Caribbean Cruises Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Asia Pacific	$1.72B	$1.38B	$993.00M	$372.24M	$128.35M
Other Region	$862.00M	$1.02B	$847.00M	$539.68M	$77.98M
North America	$11.54B	$10.59B	$8.71B	$5.72B	$1.04B
Europe	$2.95B	$2.70B	$2.69B	$1.75B	$180.26M

Royal Caribbean Cruises's latest annual revenue breakdown by geography, as of Dec 25: North America (67.61%), Europe (17.29%), Asia Pacific (10.05%), and Other Region (5.05%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
North America	$3.22B	$2.82B	$3.03B	$2.84B	$2.85B	$5.16B	$2.86B	$2.58B	$2.10B	$2.28B	$2.14B	$2.19B	$1.84B	$1.64B	$1.34B	$889.09M	$748.81M	$279.34M	$11.63M	-
Europe	$71.00M	$488.00M	$1.52B	$943.00M	$421.00M	$1.44B	$841.00M	$466.88M	$1.38B	$840.74M	$1.90M	$222.71M	$1.00B	$527.13M	$1.43M	$65.44M	$111.05M	$3.77M	-	-
Asia Pacific	$612.00M	$554.00M	$212.00M	$326.00M	$624.00M	$989.00M	$156.00M	$235.00M	$372.36M	$118.24M	$169.39M	$333.01M	$246.25M	$46.14M	$45.22M	$34.63M	$56.49M	$22.65M	$19.32M	$29.89M
Other Region	$303.00M	$223.00M	$111.00M	$210.00M	$318.00M	$563.00M	$184.00M	$278.00M	$223.86M	$181.37M	$227.28M	$214.49M	$131.46M	$169.20M	$159.39M	$79.63M	$66.72M	$8.56M	$1.90M	$810.00K

Royal Caribbean Cruises's latest quarterly revenue breakdown by geography, as of Mar 26: North America (76.53%), Asia Pacific (14.56%), Other Region (7.21%), and Europe (1.69%).

Royal Caribbean Cruises Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GM	General Motors	$185.02B	$43.62B
TCOM	Trip.com Group	$44.51B	$15.87B
CCL	Carnival	$26.62B	$6.17B
MAR	Marriott	$26.19B	$6.49B
CVNA	Carvana	$20.32B	$6.43B
AZO	AutoZone	$18.94B	$4.27B
RCL	Royal Caribbean Cruises	$17.93B	$4.45B
ORLY	O'Reilly Automotive	$17.78B	$4.56B
ABNB	Airbnb	$12.24B	$2.68B
HLT	Hilton Worldwide	$12.04B	$2.94B
RACE	Ferrari	$5.97B	$1.58B

RCL Revenue FAQ

What is Royal Caribbean Cruises’s yearly revenue?

Royal Caribbean Cruises's yearly revenue for 2025 was $17.94B, representing an increase of 8.80% compared to 2024. The company's yearly revenue for 2024 was $16.48B, representing an increase of 18.60% compared to 2023. RCL's yearly revenue for 2023 was $13.9B, representing an increase of 57.24% compared to 2022.

What is Royal Caribbean Cruises’s quarterly revenue?

Royal Caribbean Cruises's quarterly revenue for Q1 2026 was $4.45B, a 4.53% increase from the previous quarter (Q4 2025), and a 11.33% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $4.26B, a -17.12% decrease from the previous quarter (Q3 2025), and a 13.24% increase year-over-year (Q4 2024). RCL's quarterly revenue for Q3 2025 was $5.14B, a 13.24% increase from the previous quarter (Q2 2025), and a 5.18% increase year-over-year (Q3 2024).

What is Royal Caribbean Cruises’s revenue growth rate?

Royal Caribbean Cruises's revenue growth rate for the last 3 years (2023-2025) was 29.03%, and for the last 5 years (2021-2025) was 1070.69%.

What are Royal Caribbean Cruises’s revenue streams?

Royal Caribbean Cruises's revenue streams in c 25 are Other Products And Services, and Cruise Itinerary. Other Products And Services generated $864M in revenue, accounting 4.82% of the company's total revenue, up 9.64% year-over-year. Cruise Itinerary generated $17.07B in revenue, accounting 95.18% of the company's total revenue, up 8.76% year-over-year.

What is Royal Caribbean Cruises’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Royal Caribbean Cruises was Cruise Itinerary. This segment made a revenue of $17.07B, representing 95.18% of the company's total revenue.