Royal Caribbean Q3 EPS $5.75, raises full-year guidance to $15.58-$15.63, announces Santorini beach club

ROYAL CARIBBEAN CRUISES LTD

2025-Q3 EPS reported $12.83 revenue$13,676,000,000

Q3 revenue $5.1B, net income $1.6B, adjusted EPS $5.75 vs $5.20 prior year; load factor 112%.
Full-year 2025 adjusted EPS guidance raised to $15.58-$15.63 (+32% YoY); Q4 guidance $2.74-$2.79.
New Royal Beach Club Santorini to open summer 2026; expands land-based destination portfolio from 2 to 8 by 2028.
Quarterly dividend increased 33% to $1.00; repurchased 1.3M shares in Q3; issued $1.5B of 5.375% notes due 2036.
S&P outlook revised to Positive, Fitch upgraded to BBB; bookings at record rates for 2025 and 2026.

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