---
schema_version: "secwatch.filing_event.v1"
accession: "0000884887-26-000003"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:47:59.285302+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean Reports 2025 EPS of $15.61, Issues 2026 Adjusted EPS Guidance of $17.70-$18.10

## Summary
- Full year 2025 revenues were $17.9 billion, Net Income $4.3 billion, Adjusted EPS $15.64.
- Fourth quarter 2025 Net Income was $0.8 billion, Adjusted EPS $2.80, beating guidance.
- WAVE season had the highest seven booking weeks in company history, with two-thirds of 2026 capacity booked at record rates.
- 2026 outlook: Adjusted EPS $17.70-$18.10, Net Yields up 2.1%-4.1%, double-digit revenue and earnings growth expected.
- Expansion includes two firm Discovery Class ships (first 2029, second 2032) and 10 new Celebrity River Cruises ships by 2031.

## SEC filing metadata
- accession: 0000884887-26-000003
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000088488726000003/0000884887-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000088488726000003/rcl-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884887-26-000003
- JSON: https://secwatch.observer/filing/0000884887-26-000003.json
- Plain text: https://secwatch.observer/filing/0000884887-26-000003.txt

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