Royal Caribbean Cruises (RCL) Q2 2026 earnings

Published Jul 28, 2026

AI summary

Revenue $4.83B, up 6.5% from $4.54B a year ago.
Adjusted EPS $4.21 beat the $3.98 consensus by $0.23, down from $4.38 a year ago.
Royal Caribbean reported second quarter revenue of $4.8 billion, a 6% increase compared to the prior year.
The company achieved GAAP EPS of $4.20 and Adjusted EPS of $4.21 for the second quarter.
Strong consumer demand and lower costs drove results that exceeded the company's previous guidance.

Revenue

Reported

$4.83B

Consensus not captured before release

+6.5% YoY

Adjusted EPS

Reported · Adjusted EPS

$4.21

Consensus $3.98

Beat by $0.23

GAAP EPS: $4.20

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

$17.73–$17.87

full year 2026 EPS guidance (non-GAAP)

Next-quarter consensus not captured before release.

Prolonged geopolitical activity has caused a modest, near-term impact on bookings for select itineraries.
Gross Margin Yields decreased 5.6% as-reported during the second quarter.

Source: Royal Caribbean Cruises Ltd. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.