---
schema_version: "secwatch.filing_event.v1"
accession: "0000884887-22-000035"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:56:58.038661+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean Q3 adj EPS $0.26 beats guidance; Q4 adj loss view ($1.30)-($1.50); Trifecta 2025 targets

## Summary
- Q3 adj EPS $0.26 (vs $(4.91) YoY), revenue $3.0B, Adj EBITDA $742.3M; load factors 96% overall, Caribbean 105%.
- Booking volumes in Q3 significantly higher than Q3 2019; 2023 bookings doubled QoQ at record pricing.
- Addressed $5.6B of 2022/2023 debt maturities; liquidity $3.1B as of Sep 30.
- Q4 guidance: Adj loss per share ($1.30)-($1.50), Adj EBITDA $350-400M, revenue ~$2.6B.
- Trifecta program: triple-digit Adj EBITDA/APCD, double-digit Adj EPS, teens ROIC by end 2025.

## SEC filing metadata
- accession: 0000884887-22-000035
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000088488722000035/0000884887-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000088488722000035/rcl-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884887-22-000035
- JSON: https://secwatch.observer/filing/0000884887-22-000035.json
- Plain text: https://secwatch.observer/filing/0000884887-22-000035.txt

## Key facts
- Earnings Releases
  ROYAL CARIBBEAN CRUISES LTD reported third quarter ended September 30, 2022 results: revenue $3.0 billion, net income $33.0 million, EPS $0.13 per share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $3.0 billion
  - Net income: $33.0 million
  - EPS: $0.13 per share
  - Result: reported results
  source text: profile." Business Highlights • Load factors in the third quarter were 96% overall, with Caribbean sailings reaching almost 105%. • Total Revenue in the third quarter was $3.0 billion, Net Income was $33.0 million and Adjusted EBITDA was $742.3 million. 1 • Booking volumes in the third quarter accelerated versus the second quarter of 2022 and remained
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000088488722000035/0000884887-22-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.