Royal Caribbean Reports Strong Q1 2026 Earnings with Revenue Growth and Improved Margins
Royal Caribbean (RCL) reported Q1 2026 earnings with revenue of $8.1 billion, up 11% year-over-year, driven by strong demand and a record WAVE season. Adjusted EPS of $3.60 exceeded guidance and was 33% higher than the prior year, supported by lower costs and improved joint venture results. The company also saw a 2% increase in net yield and a 38% EBITDA margin, up over 300 basis points year-over-year.
Tickers: $RCL
Topics: adjusted EPS capacity growth dividends earnings EBITDA fuel costs net yield operating cash flow revenue growth share buybacks