Royal Caribbean Group (RCL) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Consumer Discretionary· Jul 28, 2026

Source: earnings call transcript

Royal Caribbean Group delivered strong Q2 FY26 results, exceeding expectations due to robust demand for vacation experiences and effective cost management. The company raised its full-year EPS guidance, driven by strong close-in bookings and record pricing for future periods, despite modest near-term headwinds from geopolitical events affecting European itineraries. Strategic investments in loyalty programs, digital capabilities, and new destinations are enhancing guest engagement and driving repeat business, positioning the company for continued growth and shareholder returns.

You’re reading a preview. Opening the full call uses 1 concall credit.

RCL operating KPIs by quarter

RCL operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Mar 2026 Q1 FY26	This call Jun 2026 Q2 FY26	Change vs prior quarter
Vacations delivered	2.5M+ During the quarter, we delivered over 2.5 million unforgettable vacations at industry-leading guest satisfaction scores. Source: earnings call transcript	2.4M In the second quarter, we delivered 2.4 million incredible vacations at industry-leading guest satisfaction scores. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.