Quarterly results
Primary evidence: 10-Q · Apr 30, 2026 · 10-Q · Jul 28, 2026
Comparison evidence: 10-Q · Apr 29, 2025 · 10-Q · Jul 29, 2025
A consistent view of the latest supported company value and reported operating results.
Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.
Trailing-twelve-month net income is positive. As of 2026-06-30.
Trailing-twelve-month operating cash flow less capital expenditures is negative. As of 2026-06-30.
Reported current liabilities exceed reported current assets on the latest comparable retained balance sheet. As of 2026-06-30.
Comparable retained change history is not available through this reader.
Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.
Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.
Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.
Completed-session reference prices from IEX for Oct 14, 2026.
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history. Prices are unadjusted. Price returns exclude dividends and are not total returns. Historical statistics appear only when the retained source-session chain is complete and no split-like share-basis discontinuity is detected for that calculation window.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
Five years of adjusted closing-price history for this listing, shown as historical context rather than a live quote.
The chart uses the market provider's adjusted daily close for the current listing. It does not stitch predecessor listings and does not represent total return, benchmark performance, or historical valuation.
Ticker: RCL · Exchange: NYSE · Royal Caribbean Cruises Ltd. Common Stock
SEC issuer CIK: 0000884887
SEC-reported financial statement history with filing dates preserved. Annual view retains up to four fiscal years; quarterly view retains up to five fiscal quarters. Missing cells mean a supported fact is unknown and are not treated as zero.
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | $18.68B Filed 2026-07-28 | $17.94B Filed 2026-02-11 | $16.48B Filed 2026-02-11 | $13.9B Filed 2026-02-11 | $8.84B Filed 2025-02-14 |
| Cost of revenue | $9.52B Filed 2026-07-28 | $9.08B Filed 2026-02-11 | $8.65B Filed 2026-02-11 | $7.78B Filed 2026-02-11 | $6.62B Filed 2025-02-14 |
| Operating income | $5.1B Filed 2026-07-28 | $4.91B Filed 2026-02-11 | $4.11B Filed 2026-02-11 | $2.88B Filed 2026-02-11 | -$766M Filed 2025-02-14 |
| Pretax income | Unknown | $4.37B Filed 2026-02-11 | $2.94B Filed 2026-02-11 | $1.71B Filed 2026-02-11 | Unknown |
| Income tax expense | Unknown | $82M Filed 2026-02-11 | $46M Filed 2026-02-11 | $6M Filed 2026-02-11 | $4M Filed 2025-02-14 |
| Net income | $4.4B Filed 2026-07-28 | $4.27B Filed 2026-02-11 | $2.88B Filed 2026-02-11 | $1.7B Filed 2026-02-11 | -$2.16B Filed 2025-02-14 |
| Diluted EPS | Unavailable | $15.61 Filed 2026-02-11 | $10.94 Filed 2026-02-11 | $6.31 Filed 2026-02-11 | -$8.45 Filed 2025-02-14 |
| Diluted shares | Unavailable | 274M Filed 2026-02-11 | 279M Filed 2026-02-11 | 283M Filed 2026-02-11 | 255M Filed 2025-02-14 |
| Metric | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|
| Cash | $825M Filed 2026-02-11 | $388M Filed 2026-02-11 | $497M Filed 2025-02-14 | $1.94B Filed 2024-02-21 |
| Current assets | $2.21B Filed 2026-02-11 | $1.71B Filed 2026-02-11 | $1.79B Filed 2025-02-14 | $3.21B Filed 2024-02-21 |
| Current liabilities | $12.06B Filed 2026-02-11 | $9.82B Filed 2026-02-11 | $9.4B Filed 2025-02-14 | $8.57B Filed 2024-02-21 |
| Total assets | $41.62B Filed 2026-02-11 | $37.07B Filed 2026-02-11 | $35.13B Filed 2025-02-14 | $33.78B Filed 2024-02-21 |
| Total liabilities | $31.37B Filed 2026-02-11 | $29.34B Filed 2026-02-11 | $30.23B Filed 2025-02-14 | $30.91B Filed 2024-02-21 |
| Stockholders’ equity | $10.04B Filed 2026-02-11 | $7.56B Filed 2026-02-11 | $4.72B Filed 2025-02-14 | $2.87B Filed 2024-02-21 |
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $6.79B Filed 2026-07-28 | $6.47B Filed 2026-02-11 | $5.27B Filed 2026-02-11 | $4.48B Filed 2026-02-11 | $481M Filed 2025-02-14 |
| Capital expenditures | $7.2B Filed 2026-07-28 | $5.23B Filed 2026-02-11 | $3.27B Filed 2026-02-11 | $3.9B Filed 2026-02-11 | $2.71B Filed 2025-02-14 |
| Long-term debt issued | $9.66B Filed 2026-07-28 | $4.67B Filed 2026-02-11 | $10.32B Filed 2026-02-11 | $7.64B Filed 2026-02-11 | $9.79B Filed 2025-02-14 |
| Long-term debt repaid | $5.78B Filed 2026-07-28 | $3.53B Filed 2026-02-11 | $11.65B Filed 2026-02-11 | $9.57B Filed 2026-02-11 | $7.73B Filed 2025-02-14 |
| Dividends paid | $1.15B Filed 2026-07-28 | $824M Filed 2026-02-11 | $107M Filed 2026-02-11 | $0 Filed 2026-02-11 | $0 Filed 2025-02-14 |
| Stock repurchases | $1.95B Filed 2026-07-28 | $1.16B Filed 2026-02-11 | $0 Filed 2026-02-11 | $0 Filed 2026-02-11 | Unknown |
Source: SEC filings. Financial facts retain filing dates and are shown only when the retained source and period alignment support them.
Reference valuation uses the latest retained completed-session IEX close and the latest supported SEC-reported share count for a simple single ordinary-share structure.
Open this stock in the Valuation Lab →
Shares outstanding: 267.45M · reported as of 2026-07-24 · filed 2026-07-28
The price is a source-scoped IEX reference close, not a consolidated U.S. market close. P/E and enterprise-value multiples are omitted unless compatible common-equity earnings and complete financing scope are established rather than inferred from adjacent statement fields.
Reproducible trailing, quarterly, and annual statistics from retained SEC financials. Growth and return measures appear only when the required reporting periods align; missing denominators are omitted rather than estimated.
Trailing, quarterly, and annual profitability, return, and growth measures derived from retained SEC financials.
Latest annual liquidity measures using same-period reported current assets and current liabilities.
Trailing cash generation plus latest annual dividends and share repurchases where reported.
Historical financial statistics are descriptive accounting measures, not rankings or investment recommendations.
No reviewed company-level insider ownership record is available for this listing.
Deterministic changes from supported reported financials, reviewed share-count history, and comparable reviewed ownership records. Events are ordered by when the supporting information became public, not by a Grizzly Bulls importance score.
Primary evidence: 10-Q · Apr 30, 2026 · 10-Q · Jul 28, 2026
Comparison evidence: 10-Q · Apr 29, 2025 · 10-Q · Jul 29, 2025
Primary evidence: 10-Q · Apr 30, 2026
Comparison evidence: 10-Q · Apr 29, 2025
Primary evidence: 10-K · Feb 11, 2026
Comparison evidence: 10-K · Feb 11, 2026
Primary evidence: 10-K · Feb 11, 2026
Comparison evidence: 10-K · Feb 11, 2026
Primary evidence: 10-K · Feb 11, 2026
Comparison evidence: 10-K · Feb 14, 2025
Primary evidence: 10-Q · Jul 29, 2025 · 10-Q · Oct 28, 2025
Comparison evidence: 10-Q · Jul 25, 2024 · 10-Q · Oct 29, 2024
Primary evidence: 10-Q · Apr 29, 2025 · 10-Q · Jul 29, 2025
Comparison evidence: 10-Q · Apr 25, 2024 · 10-Q · Jul 25, 2024
Primary evidence: 10-Q · Apr 29, 2025
Comparison evidence: 10-Q · Apr 25, 2024
Financial-result events require at least a 10% absolute change or a sign/zero transition in supported revenue, operating income, net income, or free cash flow. Quarterly comparisons are same fiscal quarter year over year; annual comparisons use adjacent comparable annual periods.
Share-count events use only consecutive reviewed complete share-count observations. Ownership events require explicit comparable complete beneficial-ownership snapshots; partial incremental ownership reports are never treated as complete positions.
This is a structured change feed, not a general news feed or generated factual narrative. Missing source history can mean that a change is not measurable here.
Margins and growth rates are calculated from the reported financial results shown on this page.