Royal Caribbean Cruises Ltd. RCL
Revenue Intelligence Report • 68 quarters of SEC filing data • Updated 2026-03-06
Royal Caribbean Cruises Ltd. continues to demonstrate strong revenue generation capabilities, with a latest quarterly revenue of $4.259 billion, driven primarily by effective SG&A spending that yields $6.25 in long-run revenue for every dollar invested. Despite a projected FY revenue of $16 billion, reflecting an 8.4% year-over-year decline, the company's solid model accuracy of 83.2% MAPE and a minimal holdout test error of 1.7% suggest reliable forecasting and operational stability. Investors can expect that the strategic allocation of resources will continue to support revenue growth in the long term, even amidst current challenges. Overall, the company's robust revenue drivers and disciplined spending approach position it well for future recovery and profitability.
Revenue Forecast
Quarterly Detail
| Quarter | Model Forecast | Actual | 95% Range | YoY Growth | Status |
|---|---|---|---|---|---|
| Q4 2025 | $4B | $4B | $3B – $5B | +11.3% | ✓ In range |
| Q2 2026 | $4B | $3B – $5B | -0.7% | ||
| Q3 2026 | $4B | $3B – $6B | -9.5% | ||
| Q4 2026 | $4B | $3B – $6B | -18.5% | ||
| Q1 2027 | $4B | $2B – $6B | -2.4% |
How Spending Drives Revenue
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