Royal Caribbean Cruises LTD revenue by year
Over the 10 fiscal years shown, revenue went from $8.50B (year ended Dec 31, 2016) to $17.93B (year ended Dec 31, 2025), a compound annual growth rate of 8.7%. The fastest growth was +477.0% in the year ended Dec 31, 2022; the weakest year was −79.8% (year ended Dec 31, 2020).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $17.93B | +8.8% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2026 |
| Dec 31, 2024 | $16.48B | +18.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2026 |
| Dec 31, 2023 | $13.90B | +57.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2026 |
| Dec 31, 2022 | $8.84B | +477.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 14, 2025 |
| Dec 31, 2021 | $1.53B | −30.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 21, 2024 |
| Dec 31, 2020 | $2.21B | −79.8% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 23, 2023 |
| Dec 31, 2019 | $10.95B | +15.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Mar 1, 2022 |
| Dec 31, 2018 | $9.49B | +8.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 26, 2021 |
| Dec 31, 2017 | $8.78B | +3.3% | Revenues | 10-K filed Feb 21, 2018 |
| Dec 31, 2016 | $8.50B | +2.4% | Revenues | 10-K filed Feb 21, 2018 |
Royal Caribbean Cruises LTD reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $5.59B | +8.8% | 10-Q filed Oct 27, 2026 |
| 3 months ended Jun 30, 2026 | $4.83B | +6.5% | 10-Q filed Jul 28, 2026 |
| 3 months ended Mar 31, 2026 | $4.45B | +11.3% | 10-Q filed Apr 30, 2026 |
| 3 months ended Sep 30, 2025 | $5.14B | +5.2% | 10-Q filed Oct 27, 2026 |
| 3 months ended Jun 30, 2025 | $4.54B | +10.4% | 10-Q filed Jul 28, 2026 |
| 3 months ended Mar 31, 2025 | $4.00B | +7.3% | 10-Q filed Apr 30, 2026 |
| 3 months ended Sep 30, 2024 | $4.89B | +17.5% | 10-Q filed Oct 28, 2025 |
| 3 months ended Jun 30, 2024 | $4.11B | +16.7% | 10-Q filed Jul 29, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 884887 (raw data). Most recent filing in this dataset: 10-Q filed Oct 27, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.