RCL · Royal Caribbean · Q3 FY2026
Royal Caribbean Accelerates Revenue Growth
GAAP net income rose 9.7% year over year; too few measures are comparable to describe the direction of the business.
- Published
- Oct 27, 2026
- Event
- Oct 27, 2026
- Quarter ended
- Sep 30, 2026
- Data as of
- Oct 27, 2026
Published becauseQuarterly results were reported; guidance was introduced (Oct 27, 2026).
The Blockhaven read
Royal Caribbean's quarter moved in one direction: revenue growth accelerated to 8.8% from 6.5%. A single quarter shows a direction, not yet a trend.
Latest reported quarter
Earnings release filed Oct 27, 2026
RevenueGAAP
- Latest
- $5.59 billion
- Year ago
- $5.14 billion
- Change
- +8.8% (Up year over year)
From the earnings release
Net incomeGAAP
- Latest
- $1.73 billion
- Year ago
- $1.57 billion
- Change
- +9.7% (Up year over year)
From the earnings release
| Measure | Basis | Latest quarter | Year ago | Change |
|---|---|---|---|---|
| RevenueFrom the earnings release | GAAP | $5.59 billion | $5.14 billion | +8.8% (Up year over year) |
| Net incomeFrom the earnings release | GAAP | $1.73 billion | $1.57 billion | +9.7% (Up year over year) |
Revenue growth +8.8% against +6.5% in the prior quarter (year over year, GAAP).
Trend: Accelerating. Revenue growth accelerated; GAAP net income was roughly steady.
Guidance: Provided
- Fiscal 2026 capex: about $4.6 billion, lowered from about $4.7 billion (GAAP)
GAAP unless labelled. Non-GAAP and company-defined measures are labelled.
What changed
- Revenue growth accelerated to 8.8% from 6.5%.
- GAAP net income rose 9.7% year over year.
Why it matters
The measures that moved (revenue growth accelerated) point the same way and none moved against them, so the picture is consistent rather than mixed.
Market reaction
At 8:15 AM ET on Oct 27, 2026, the quoted share price was up 5.7% from the prior close. This is a timed price observation, not an explanation of the move.
What to watch
- Year-over-year revenue growth against 8.8% now and 6.5% before: holding above these levels would confirm the acceleration, and a slide back would weaken it.
- The quarterly report on Form 10-Q for Q3 FY2026, which confirms or revises the figures in the earnings release.
Data and sources
Figures come from the company's SEC filings and its own 8-K earnings release, filed Oct 27, 2026. GAAP figures are labelled as such. Blockhaven used no outside forecasts, so no figure here is measured against market expectations.
Descriptive company facts. Not investment advice, a rating or a recommendation.