secwatch.observer — SEC 8-K summary
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Issuer:     ROYAL CARIBBEAN CRUISES LTD (RCL)
CIK:        0000884887
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0000884887-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884887/000088488726000003/0000884887-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884887/000088488726000003/rcl-20260129.htm
  HTML page:      https://secwatch.observer/filing/0000884887-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer