Business
Royal Caribbean operates global cruise brands and vacation experiences.
Royal Caribbean: Revenue grew 8.8% to $17.935B from $16.484B. Net income grew 48.3% to $4.268B from $2.877B. Free cash flow declined 38.1% to $1.236B from $1.997B. Operating margin expanded 247 bps to 27.38%. Royal Caribbean's annual comparison also shows free cash flow declined despite revenue growth; capital spending grew faster than revenue; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 8.8%OK
- Profitability — Net income grew 48.3% to $4.268B from $2.877BOK
- Cash flow — Free cash flow declined 38.1% to $1.236B from $1.997BWatch
- Margins — Operating margin expanded 247 bps to 27.38%OK
- Accounting — Distress-range screen needs contextWatch
- Insiders — 0 purchases and 20 salesWatch
Where the revenue comes from
Fiscal 2025, as ROYAL CARIBBEAN CRUISES LTD reports it. History and quarterly detail are in the app.
- Cruise itinerary$17.1B
- Passenger ticket revenues$12.5B
- Onboard and other revenues$5.4B
- Port Costs$1.3B
- Other Revenues$864.0M
Leadership changes
From ROYAL CARIBBEAN CRUISES LTD's own filings, the day they're filed.
- Christopher Wiernicki · director · appointmenteff. 2026-02-10
Latest filings
- 8-K · Company announcement2026-08-20
- 8-K · Company announcement2026-08-07
- 10-Q · Quarterly report2026-07-28
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-07-20
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about ROYAL CARIBBEAN CRUISES LTD, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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