v3.26.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Total revenues $ 5,591 $ 5,139 $ 14,876 $ 13,676
Cruise operating expenses:        
Total cruise operating expenses 2,711 2,479 7,506 6,841
Marketing, selling and administrative expenses 519 522 1,615 1,593
Depreciation and amortization expenses 490 435 1,415 1,265
Operating Income 1,871 1,702 4,340 3,977
Other income (expense):        
Interest income 5 3 15 17
Interest expense, net of interest capitalized (291) (248) (805) (725)
Equity investment income 176 158 328 313
Other income (expense) 1 (2) 10 13
Income before income taxes 1,762 1,612 3,887 3,596
Provision for income taxes (27) (34) (66) (67)
Net Income 1,735 1,579 3,821 3,529
Less: Net Income attributable to noncontrolling interest 7 4 23 15
Net Income attributable to Royal Caribbean Cruises Ltd. $ 1,728 $ 1,575 $ 3,798 $ 3,514
Earnings per Share:        
Basic (in dollars per share) $ 6.46 $ 5.79 $ 14.15 $ 12.97
Diluted (in dollars per share) $ 6.45 $ 5.74 $ 14.12 $ 12.83
Weighted-Average Shares Outstanding:        
Basic (in shares) 267 272 268 271
Diluted (in shares) 268 274 269 275
Comprehensive Income (Loss)        
Net Income $ 1,735 $ 1,579 $ 3,821 $ 3,529
Other comprehensive income (loss):        
Foreign currency translation adjustments (6) (2) (6) (28)
Change in defined benefit plans 7 (2) 11 (2)
Gain (loss) on cash flow derivative hedges 131 (5) 215 304
Total other comprehensive income (loss) 133 (9) 220 274
Comprehensive Income 1,868 1,570 4,042 3,803
Less: Comprehensive Income attributable to noncontrolling interest 7 4 23 15
Comprehensive Income attributable to Royal Caribbean Cruises Ltd. 1,861 1,566 4,018 3,788
Passenger ticket revenues        
Total revenues 3,885 3,637 10,250 9,579
Onboard and other revenues        
Total revenues 1,706 1,502 4,625 4,097
Cruise operating expenses:        
Total cruise operating expenses 338 312 838 775
Commissions, transportation and other        
Cruise operating expenses:        
Total cruise operating expenses 735 696 1,921 1,823
Payroll and related        
Cruise operating expenses:        
Total cruise operating expenses 399 342 1,204 1,010
Food        
Cruise operating expenses:        
Total cruise operating expenses 287 264 813 750
Fuel        
Cruise operating expenses:        
Total cruise operating expenses 347 297 966 854
Other operating        
Cruise operating expenses:        
Total cruise operating expenses $ 606 $ 569 $ 1,763 $ 1,630