ROYAL CARIBBEAN CRUISES LTD (RCL) Earnings History & Surprises
NYSE:RCL • LR0008862868
278.08 USD
-4.98 (-1.76%)
At close: Mar 6, 2026
276.043 USD
-2.04 (-0.73%)
After Hours: 3/6/2026, 8:04:00 PM
Past quarterly earnings results for ROYAL CARIBBEAN CRUISES LTD (RCL), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateApr 27, 2026
PeriodQ1 / 2026
EPS Estimate$3.26
Revenue Estimate4.487B
Last Reported
Release DateJan 29, 2026
PeriodQ4 / 2025
EPS Reported$2.80
EPS Surprise -0.94%
Revenue Surprise -1.09%
Beat Rate
50%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 2.80 | 2.83 | -0.94% | 71.78% | 4.258B | 4.305B | -1.09% | 13.21% |
| Q3 2025 | 5.75 | 5.73 | 0.37% | 10.58% | 5.139B | 5.216B | -1.48% | 5.18% |
| Q2 2025 | 4.38 | 4.13 | 6.12% | 36.45% | 4.538B | 4.594B | -1.22% | 10.41% |
| Q1 2025 | 2.71 | 2.57 | 5.52% | 53.11% | 3.999B | 4.055B | -1.38% | 7.27% |
| Q4 2024 | 1.63 | 1.51 | 7.78% | 30.40% | 3.761B | 3.802B | -1.08% | 12.91% |
| Q3 2024 | 5.20 | 5.08 | 2.35% | 35.06% | 4.886B | 4.949B | -1.27% | 17.44% |
| Q2 2024 | 3.21 | 2.78 | 15.37% | 76.37% | 4.11B | 4.083B | 0.66% | 16.66% |
| Q1 2024 | 1.77 | 1.35 | 31.57% | 869.57% | 3.728B | 3.73B | -0.05% | 29.21% |
| Q4 2023 | 1.25 | 1.14 | 9.56% | 211.61% | 3.331B | 3.389B | -1.71% | 27.92% |
| Q3 2023 | 3.85 | 3.50 | 10.08% | 1,380.77% | 4.16B | 4.117B | 1.06% | 39.00% |
| Q2 2023 | 1.82 | 1.61 | 13.26% | 187.50% | 3.523B | 3.445B | 2.26% | 61.29% |
| Q1 2023 | -0.23 | -0.71 | 67.59% | 94.97% | 2.885B | 2.851B | 1.20% | 172.38% |
| Q4 2022 | -1.12 | -1.35 | 17.31% | 76.57% | 2.604B | 2.637B | -1.25% | 165.11% |
| Q3 2022 | 0.26 | 0.19 | 37.79% | 105.30% | 2.993B | 3B | -0.23% | 555.00% |
| Q2 2022 | -2.08 | -2.22 | 6.25% | 58.89% | 2.184B | 2.126B | 2.74% | 4,190.06% |
| Q1 2022 | -4.57 | -4.51 | -1.25% | -2.93% | 1.059B | 1.158B | -8.53% | 2,421.14% |
| Q4 2021 | -4.78 | -3.96 | -20.63% | 4.78% | 982.247M | 1.054B | -6.81% | 2,777.28% |
| Q3 2021 | -4.91 | -4.45 | -10.36% | 12.63% | 456.958M | 572.7M | -20.21% | 1,456.44% |
| Q2 2021 | -5.06 | -4.43 | -14.11% | 17.46% | 50.914M | 151.19M | -66.32% | -71.01% |
| Q1 2021 | -4.44 | -4.67 | 4.90% | -200.00% | 42.014M | 39.901M | 5.30% | -97.93% |
| Q4 2020 | -5.02 | -5.25 | 4.35% | - | 34.138M | 35.972M | -5.10% | - |
| Q3 2020 | -5.62 | -5.18 | -8.58% | - | -33.688M | 12.541M | -368.62% | - |
| Q2 2020 | -6.13 | -4.87 | -25.90% | - | 175.605M | 43.935M | 299.69% | - |
| Q1 2020 | -1.48 | -0.64 | -132.72% | - | 2.033B | 2.024B | 0.43% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
3
Average EPS beat (4)
2.77%
Max EPS beat (4)
6.12%
Min EPS beat (4)
-0.94%
Revenue beat statistics
Revenue beat (4)
0
Average Revenue beat (4)
-1.29%
Max Revenue beat (4)
-1.09%
Min Revenue beat (4)
-1.48%
Analysis
In the last 4 quarters, RCL has beaten EPS estimates in 3 out of 4 releases
RCL has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, RCL has beaten the EPS estimates by 2.8% on average.
In the last 4 quarters, RCL reported -1.3% below the revenue estimates on average.
ROYAL CARIBBEAN CRUISES LTD / RCL Earnings FAQ
Can you provide the last earnings date for ROYAL CARIBBEAN CRUISES LTD?
ROYAL CARIBBEAN CRUISES LTD (RCL) last reported earnings on 1/29/2026.
Did ROYAL CARIBBEAN CRUISES LTD (RCL) beat earnings estimates last quarter?
ROYAL CARIBBEAN CRUISES LTD (RCL) missed EPS estimates and missed revenue estimates in the most recent quarter.
How often does ROYAL CARIBBEAN CRUISES LTD (RCL) beat earnings estimates?
In the last 4 quarters, ROYAL CARIBBEAN CRUISES LTD (RCL) has beaten EPS estimates in 3 out of 4 releases.