The Investor
30 Apr 2026, 19:57
Royal Caribbean Group reported first-quarter 2026 results that exceeded expectations, driven by strong demand and improved operating performance.
The company posted revenue of $4.5 billion, up 11% year over year, with net income of $0.9 billion ($3.48 per share) and adjusted EPS of $3.60. Adjusted EBITDA reached $1.7 billion. Load factor stood at 109%, reflecting robust booking levels and pricing strength.
Performance was supported by higher yields and cost discipline, while demand remained strong following a record WAVE season. Although bookings briefly softened due to geopolitical developments, they have since recovered and are running ahead of last year.
Royal Caribbean returned approximately $1.1 billion to shareholders during the quarter through dividends and share repurchases. The company raised its full-year outlook, now expecting adjusted EPS in the range of $17.10 to $17.50, despite higher fuel costs and some regional itinerary impacts.
Source: PR Newswire
The company posted revenue of $4.5 billion, up 11% year over year, with net income of $0.9 billion ($3.48 per share) and adjusted EPS of $3.60. Adjusted EBITDA reached $1.7 billion. Load factor stood at 109%, reflecting robust booking levels and pricing strength.
Performance was supported by higher yields and cost discipline, while demand remained strong following a record WAVE season. Although bookings briefly softened due to geopolitical developments, they have since recovered and are running ahead of last year.
Royal Caribbean returned approximately $1.1 billion to shareholders during the quarter through dividends and share repurchases. The company raised its full-year outlook, now expecting adjusted EPS in the range of $17.10 to $17.50, despite higher fuel costs and some regional itinerary impacts.
Source: PR Newswire
