---
schema_version: "secwatch.filing_event.v1"
accession: "0000884887-23-000003"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:31:44.438939+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean beats Q4 guidance, posts $500M net loss; 2023 adj EPS $3-$3.60

## Summary
- Q4 2022 net loss $500.2M ($1.96/share); adj loss $284.9M ($1.12/share), above guidance.
- Full-year 2022 revenue $8.8B; net loss $2.2B ($8.45/share); adj net loss $1.9B.
- Record customer deposits of $4.2B; seven biggest booking weeks since Nov 2022.
- FY 2023 adj EPS guided $3.00-$3.60; net yields +2.5% to +4.5% vs 2019.
- Recorded $130M loss contingency for Helms-Burton Act claim; company vigorously defending.

## SEC filing metadata
- accession: 0000884887-23-000003
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/0000884887-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/rcl-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884887-23-000003
- JSON: https://secwatch.observer/filing/0000884887-23-000003.json
- Plain text: https://secwatch.observer/filing/0000884887-23-000003.txt

## Key facts
- Earnings Releases
  ROYAL CARIBBEAN CRUISES LTD reported the full year ended December 31, 2022 results: revenue $8.8 billion, net income $(2.2) billion, EPS $(8.45) per share.
  - Period: the full year ended December 31, 2022
  - Revenue: $8.8 billion
  - Net income: $(2.2) billion
  - EPS: $(8.45) per share
  - Result: reported results
  source text: Total revenues were $8.8 billion, Net Loss was $(2.2) billion or $(8.45) per share, Adjusted Net Loss was $(1.9) billion or $(7.50) per share, and Adjusted EBITDA was $711.6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/0000884887-23-000003-index.htm
- Earnings Releases
  ROYAL CARIBBEAN CRUISES LTD reported the full year 2023 results: EPS $3.00 to $3.60. Guidance initiated.
  - Period: the full year 2023
  - EPS: $3.00 to $3.60
  - Guidance: initiated
  - Result: guidance update
  source text: The company expects Adjusted Earnings per Share in the range of $3.00 to $3.60.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/0000884887-23-000003-index.htm
- Earnings Releases
  ROYAL CARIBBEAN CRUISES LTD reported the fourth quarter ended December 31, 2022 results: revenue $2.6 billion, net income $(500.2) million, EPS $(1.96) per share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $2.6 billion
  - Net income: $(500.2) million
  - EPS: $(1.96) per share
  - Result: reported results
  source text: Total revenues were $2.6 billion, Net Loss was $(500.2) million or $(1.96) per share, Adjusted Net Loss was $(284.9) million or $(1.12) per share, and Adjusted EBITDA was $409.3 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/0000884887-23-000003-index.htm
- Earnings Releases
  ROYAL CARIBBEAN CRUISES LTD reported the first quarter 2023 results: EPS $(0.65) – $(0.85). Guidance initiated.
  - Period: the first quarter 2023
  - EPS: $(0.65) – $(0.85)
  - Guidance: initiated
  - Result: guidance update
  source text: Adjusted Loss per Share is expected to be in the range of $(0.65) – $(0.85).
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000088488723000003/0000884887-23-000003-index.htm

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