What changed in Royal Caribbean Cruises Ltd's latest annual report
In the year ended 31 Dec 2025, Royal Caribbean Cruises Ltd's revenue rose 8.8% to USD 17.93bn, from USD 16.48bn; net income rose 48.3% to USD 4.27bn, from USD 2.88bn; cash and cash equivalents rose 112.6% to USD 825.00m, from USD 388.00m.
Year ended 31 Dec 2025. Source: 10-K filed 11 Feb 2026, read it on SEC EDGAR.
USD 16.48bn to USD 17.93bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 16.48bn | 17.93bn | Up 8.8% |
| Net income | 2.88bn | 4.27bn | Up 48.3% |
| Total assets | 37.07bn | 41.62bn | Up 12.3% |
| Total liabilities | 29.34bn | 31.37bn | Up 7% |
| Cash and cash equivalents | 388.00m | 825.00m | Up 112.6% |
| Shareholders' equity | 7.56bn | 10.04bn | Up 32.7% |
Questions people ask
Did Royal Caribbean Cruises Ltd's revenue grow last year?
Revenue grew 8.8%, from USD 16.48bn to USD 17.93bn in the year ended 31 Dec 2025.
Is Royal Caribbean Cruises Ltd profitable?
Yes. Net income was USD 4.27bn in the year ended 31 Dec 2025. The year before: USD 2.88bn.
How much cash and debt does Royal Caribbean Cruises Ltd have?
At its latest year end (31 Dec 2025), Royal Caribbean Cruises Ltd reported cash and cash equivalents of USD 825.00m.
Where do these numbers come from?
From Royal Caribbean Cruises Ltd's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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