Royal Caribbean Q1 EPS rises to $3.48 from $2.70; 2026 adjusted EPS view $17.10-$17.50
Royal Caribbean reported first-quarter 2026 net income of $0.9 billion, or $3.48 per share, up from $2.70 a year earlier, and total revenue of $4.5 billion, up 11%. It also set full-year 2026 Adjusted EPS guidance of $17.10 to $17.50, citing about $0.62 per share of higher fuel costs than prior guidance, partly offset by lower non-fuel costs and share repurchases.
Key points
- Q1 2026 diluted EPS was $3.48 versus $2.70 in Q1 2025; Adjusted EPS was $3.60 versus $2.71.
- Full-year 2026 Adjusted EPS is expected at $17.10 to $17.50, which the company says represents 11% year-over-year growth.
- Fuel costs are expected to be about $0.62 per share higher than prior guidance, based on current at-the-pump rates.
- Q1 shareholder returns totaled about $1.1 billion, including $836 million of share repurchases and $270 million of dividends.
The filing
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 April 30, 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.