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AI brief of an SEC Form 8-K · Royal Caribbean (RCL)

Royal Caribbean reports 2025 EPS of $15.61 and guides 2026 Adjusted EPS to $17.70-$18.10

Positive Impact 3 of 5 earnings Written later

Royal Caribbean Group reported fourth-quarter and full-year 2025 results and issued 2026 guidance. Full-year 2025 total revenues rose to $17.9 billion from $16.5 billion, and diluted EPS rose to $15.61 from $10.94, with the company saying results beat its guidance. For shareholders, the filing sets 2026 Adjusted EPS guidance of $17.70 to $18.10 and first-quarter 2026 Adjusted EPS guidance of $3.18 to $3.28.

Key points

  • Q4 2025 diluted EPS was $2.76 versus $2.02 a year earlier; full-year 2025 diluted EPS was $15.61 versus $10.94
  • Full-year 2025 total revenues were $17.9 billion versus $16.5 billion in 2024
  • 2026 full-year Adjusted EPS guidance is $17.70 to $18.10; Q1 2026 guidance is $3.18 to $3.28
  • During Q4 2025 the company repurchased shares for $504 million and has $1.8 billion remaining under its current authorization

The filing

CompanyRoyal Caribbean (RCL)
Form8-K, current report
Filed with the SECJan 29, 2026, 6:32 AM ET
Accession number0000884887-26-000003

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.