---
schema_version: "secwatch.filing_event.v1"
accession: "0000884887-26-000036"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2026-07-28T10:32:13+00:00"
generated_at: "2026-07-28T10:35:21.049027+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean Q2 adjusted EPS $4.21 beats guidance; raises FY2026 outlook to $17.73-$17.87

## Summary
- Q2 revenue $4.8B (+6% YoY); net income $1.1B; adjusted EPS $4.21 vs prior guidance.
- Full-year 2026 adjusted EPS raised to $17.73-$17.87, representing 14% YoY growth.
- Q3 2026 adjusted EPS guided $6.26-$6.36; net yields expected flat vs 2025.
- Returned over $600M to shareholders in Q2 via $199M buybacks and $404M dividends.
- Liquidity $6.9B; capacity growth 6.6% for 2026; Legend of the Seas delivered.

## SEC filing metadata
- accession: 0000884887-26-000036
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2026-07-28T10:32:13+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/884887/000088488726000036/0000884887-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000088488726000036/rcl-20260728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884887-26-000036
- JSON: https://secwatch.observer/filing/0000884887-26-000036.json
- Plain text: https://secwatch.observer/filing/0000884887-26-000036.txt

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