RCL Royal Caribbean Group (RCL) Q4 FY25 earnings call
Royal Caribbean Group concluded an outstanding 2025 with robust financial performance and record demand, setting a strong foundation for 2026. The company is strategically expanding its vacation ecosystem through new ship classes, river cruises, and loyalty enhancements, while leveraging technology and AI to drive efficiency and guest satisfaction. Despite some Q1 yield headwinds from itinerary changes and deployment shifts, the outlook remains positive with double-digit revenue growth and significant margin expansion anticipated.
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RCL operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | 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 | 2.4MIn 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.