Royal Caribbean Q2 FY26 EPS falls 4.76% to $4.20; revenue rises 6% to $4.8 billion
RCL•Full-year outlook
The company raised its full-year adjusted EPS (non-GAAP) view to USD 17.73-17.87, citing strong close-in demand, lower costs, and joint venture performance.
Quarterly results
Royal Caribbean Cruises posted Q2 EPS of USD 4.20, down from USD 4.41 a year earlier; revenue rose 6% to USD 4.8 billion.
- Net income slipped to USD 1.1 billion from USD 1.2 billion.
- Adjusted EPS (non-GAAP) edged down to USD 4.21 from USD 4.38.
- Adjusted EBITDA (non-GAAP) eased to USD 1.8 billion from USD 1.85 billion.
- Load factor was 110%.
Booking trends and demand
Royal Caribbean noted a modest near-term booking impact on select itineraries due to prolonged geopolitical activity, while remaining booked at record prices with volumes above last year.




