Royal Caribbean Cruises Ltd.'s Revenue
- Royal Caribbean Cruises Ltd.'s annual revenue was $16.49 B in fiscal year 2024. The annual revenue increased $2.59 B from $13.90 B (in 2023) to $16.49 B (in 2024), representing a 18.60% year-over-year growth.
- Royal Caribbean Cruises Ltd.'s quarterly revenue was $5.14 B in the quarter ending Sep 2025. The quarterly revenue increased $253.00 M from $4.89 B (in Q3: June 2024) to $5.14 B (in Q3: June 2025), representing a 5.18% year-over-year growth.
- The highest annual revenue for Royal Caribbean Cruises Ltd. was $16.49 B in fiscal year 2024.
- The lowest annual revenue was $1.53 B in fiscal year 2021.
- The average revenue was $8.96 B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2016 - 2025):
Learn more about Royal Caribbean Cruises Ltd.'s Revenue by Segment and Revenue by Region.
Check out competitors to Royal Caribbean Cruises Ltd. in a side-by-side comparison.
Explore additional financial metrics for Royal Caribbean Cruises Ltd..
Definition of Revenue :
Royal Caribbean Cruises Ltd.'s Revenue Trend
| 2015 | 8299074000.00 |
|---|---|
| 2016 | 8496401000.00 |
| 2017 | 8777845000.00 |
| 2018 | 9493849000.00 |
| 2019 | 10950661000.00 |
| 2020 | 2208805000.00 |
| 2021 | 1532000000.00 |
| 2022 | 8840000000.00 |
| 2023 | 13900000000.00 |
| 2024 | 16485000000.00 |
| Mar 2016 | 1917795000.00 |
|---|---|
| Jun 2016 | 2105262000.00 |
| Sep 2016 | 2563741000.00 |
| Dec 2016 | 1909603000.00 |
| Mar 2017 | 2008560000.00 |
| Jun 2017 | 2195274000.00 |
| Sep 2017 | 2569544000.00 |
| Dec 2017 | 2004467000.00 |
| Mar 2018 | 2027756000.00 |
| Jun 2018 | 2337605000.00 |
| Sep 2018 | 2796187000.00 |
| Dec 2018 | 2332301000.00 |
| Mar 2019 | 2439767000.00 |
| Jun 2019 | 2806631000.00 |
| Sep 2019 | 3186850000.00 |
| Dec 2019 | 2517413000.00 |
| Mar 2020 | 2032750000.00 |
| Jun 2020 | 175605000.00 |
| Sep 2020 | -33688000.00 |
| Dec 2020 | 34138000.00 |
| Mar 2021 | 42014000.00 |
| Jun 2021 | 50914000.00 |
| Sep 2021 | 456958000.00 |
| Dec 2021 | 982247000.00 |
| Mar 2022 | 1059231000.00 |
| Jun 2022 | 2184242000.00 |
| Sep 2022 | 2993075000.00 |
| Dec 2022 | 2603992000.00 |
| Mar 2023 | 2886000000.00 |
| Jun 2023 | 3523000000.00 |
| Sep 2023 | 4160000000.00 |
| Dec 2023 | 3331419000.00 |
| Mar 2024 | 3728000000.00 |
| Jun 2024 | 4110000000.00 |
| Sep 2024 | 4886000000.00 |
| Dec 2024 | 3761000000.00 |
| Mar 2025 | 3999000000.00 |
| Jun 2025 | 4538000000.00 |
| Sep 2025 | 5139000000.00 |
2024
Royal Caribbean Cruises Ltd.'s annual revenue was $16.49 B in fiscal year 2024.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $3.73 B(Q1: Mar 2024), $4.11 B(Q2: Jun 2024), $4.89 B(Q3: Sep 2024), $3.76 B(Q4: Dec 2024) in fiscal year 2024.
2023
Royal Caribbean Cruises Ltd.'s annual revenue was $13.90 B in fiscal year 2023.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $2.89 B(Q1: Mar 2023), $3.52 B(Q2: Jun 2023), $4.16 B(Q3: Sep 2023), $3.33 B(Q4: Dec 2023) in fiscal year 2023.
2022
Royal Caribbean Cruises Ltd.'s annual revenue was $8.84 B in fiscal year 2022.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $1.06 B(Q1: Mar 2022), $2.18 B(Q2: Jun 2022), $2.99 B(Q3: Sep 2022), $2.60 B(Q4: Dec 2022) in fiscal year 2022.
2021
Royal Caribbean Cruises Ltd.'s annual revenue was $1.53 B in fiscal year 2021.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $42.01 M(Q1: Mar 2021), $50.91 M(Q2: Jun 2021), $456.96 M(Q3: Sep 2021), $982.25 M(Q4: Dec 2021) in fiscal year 2021.
2020
Royal Caribbean Cruises Ltd.'s annual revenue was $2.21 B in fiscal year 2020.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $2.03 B(Q1: Mar 2020), $175.61 M(Q2: Jun 2020), $-33.69 M(Q3: Sep 2020), $34.14 M(Q4: Dec 2020) in fiscal year 2020.
2019
Royal Caribbean Cruises Ltd.'s annual revenue was $10.95 B in fiscal year 2019.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $2.44 B(Q1: Mar 2019), $2.81 B(Q2: Jun 2019), $3.19 B(Q3: Sep 2019), $2.52 B(Q4: Dec 2019) in fiscal year 2019.
2018
Royal Caribbean Cruises Ltd.'s annual revenue was $9.49 B in fiscal year 2018.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $2.03 B(Q1: Mar 2018), $2.34 B(Q2: Jun 2018), $2.80 B(Q3: Sep 2018), $2.33 B(Q4: Dec 2018) in fiscal year 2018.
2017
Royal Caribbean Cruises Ltd.'s annual revenue was $8.78 B in fiscal year 2017.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $2.01 B(Q1: Mar 2017), $2.20 B(Q2: Jun 2017), $2.57 B(Q3: Sep 2017), $2.00 B(Q4: Dec 2017) in fiscal year 2017.
2016
Royal Caribbean Cruises Ltd.'s annual revenue was $8.50 B in fiscal year 2016.
Royal Caribbean Cruises Ltd.'s quarterly revenue was $1.92 B(Q1: Mar 2016), $2.11 B(Q2: Jun 2016), $2.56 B(Q3: Sep 2016), $1.91 B(Q4: Dec 2016) in fiscal year 2016.
Royal Caribbean Cruises Ltd.'s Revenue (Year-over-Year Change)
| 2015 | 0 |
|---|---|
| 2016 | +2.38 |
| 2017 | +3.31 |
| 2018 | +8.16 |
| 2019 | +15.34 |
| 2020 | -79.83 |
| 2021 | -30.64 |
| 2022 | +477.02 |
| 2023 | +57.24 |
| 2024 | +18.60 |
| Q1: Mar 16 | 5.63 |
|---|---|
| Q2: Jun 16 | 2.28 |
| Q3: Sep 16 | 1.61 |
| Q4: Dec 16 | 0.40 |
| Q1: Mar 17 | 4.73 |
| Q2: Jun 17 | 4.28 |
| Q3: Sep 17 | 0.23 |
| Q4: Dec 17 | 4.97 |
| Q1: Mar 18 | 0.96 |
| Q2: Jun 18 | 6.48 |
| Q3: Sep 18 | 8.82 |
| Q4: Dec 18 | 16.36 |
| Q1: Mar 19 | 20.32 |
| Q2: Jun 19 | 20.06 |
| Q3: Sep 19 | 13.97 |
| Q4: Dec 19 | 7.94 |
| Q1: Mar 20 | -16.68 |
| Q2: Jun 20 | -93.74 |
| Q3: Sep 20 | -101.06 |
| Q4: Dec 20 | -98.64 |
| Q1: Mar 21 | -97.93 |
| Q2: Jun 21 | -71.01 |
| Q3: Sep 21 | 0.00 |
| Q4: Dec 21 | 2,777.28 |
| Q1: Mar 22 | 2,421.14 |
| Q2: Jun 22 | 4,190.06 |
| Q3: Sep 22 | 555.00 |
| Q4: Dec 22 | 165.11 |
| Q1: Mar 23 | 172.46 |
| Q2: Jun 23 | 61.29 |
| Q3: Sep 23 | 38.99 |
| Q4: Dec 23 | 27.94 |
| Q1: Mar 24 | 29.18 |
| Q2: Jun 24 | 16.66 |
| Q3: Sep 24 | 17.45 |
| Q4: Dec 24 | 12.89 |
| Q1: Mar 25 | 7.27 |
| Q2: Jun 25 | 10.41 |
| Q3: Sep 25 | 5.18 |
2024
Royal Caribbean Cruises Ltd.’s annual revenue increased +18.60% during fiscal year 2024 compared to 2023. It represents a growth of $2.59 B from $13.90 B (in 2023) to $16.49 B (in 2024).
2023
Royal Caribbean Cruises Ltd.’s annual revenue increased +57.24% during fiscal year 2023 compared to 2022. It represents a growth of $5.06 B from $8.84 B (in 2022) to $13.90 B (in 2023).
2022
Royal Caribbean Cruises Ltd.’s annual revenue increased +477.02% during fiscal year 2022 compared to 2021. It represents a growth of $7.31 B from $1.53 B (in 2021) to $8.84 B (in 2022).
2021
Royal Caribbean Cruises Ltd.’s annual revenue decreased -30.64% during fiscal year 2021 compared to 2020. It represents a decline of -$676.81 M from $2.21 B (in 2020) to $1.53 B (in 2021).
2020
Royal Caribbean Cruises Ltd.’s annual revenue decreased -79.83% during fiscal year 2020 compared to 2019. It represents a decline of -$8.74 B from $10.95 B (in 2019) to $2.21 B (in 2020).
2019
Royal Caribbean Cruises Ltd.’s annual revenue increased +15.34% during fiscal year 2019 compared to 2018. It represents a growth of $1.46 B from $9.49 B (in 2018) to $10.95 B (in 2019).
2018
Royal Caribbean Cruises Ltd.’s annual revenue increased +8.16% during fiscal year 2018 compared to 2017. It represents a growth of $716.00 M from $8.78 B (in 2017) to $9.49 B (in 2018).
2017
Royal Caribbean Cruises Ltd.’s annual revenue increased +3.31% during fiscal year 2017 compared to 2016. It represents a growth of $281.44 M from $8.50 B (in 2016) to $8.78 B (in 2017).
2016
Royal Caribbean Cruises Ltd.’s annual revenue increased +2.38% during fiscal year 2016 compared to 2015. It represents a growth of $197.33 M from $8.30 B (in 2015) to $8.50 B (in 2016).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $16.49 B | +18.60% |
| 2023 | $13.90 B | +57.24% |
| 2022 | $8.84 B | +477.02% |
| 2021 | $1.53 B | -30.64% |
| 2020 | $2.21 B | -79.83% |
| 2019 | $10.95 B | +15.34% |
| 2018 | $9.49 B | +8.16% |
| 2017 | $8.78 B | +3.31% |
| 2016 | $8.50 B | +2.38% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Sep 25 | $5.14 B | 5.18% |
| Q2: Jun 25 | $4.54 B | 10.41% |
| Q1: Mar 25 | $4.00 B | 7.27% |
| Q4: Dec 24 | $3.76 B | 12.89% |
| Q3: Sep 24 | $4.89 B | 17.45% |
| Q2: Jun 24 | $4.11 B | 16.66% |
| Q1: Mar 24 | $3.73 B | 29.18% |
| Q4: Dec 23 | $3.33 B | 27.94% |
| Q3: Sep 23 | $4.16 B | 38.99% |
| Q2: Jun 23 | $3.52 B | 61.29% |
| Q1: Mar 23 | $2.89 B | 172.46% |
| Q4: Dec 22 | $2.60 B | 165.11% |
| Q3: Sep 22 | $2.99 B | 555.00% |
| Q2: Jun 22 | $2.18 B | 4,190.06% |
| Q1: Mar 22 | $1.06 B | 2,421.14% |
| Q4: Dec 21 | $982.25 M | 2,777.28% |
| Q3: Sep 21 | $456.96 M | 0.00% |
| Q2: Jun 21 | $50.91 M | -71.01% |
| Q1: Mar 21 | $42.01 M | -97.93% |
| Q4: Dec 20 | $34.14 M | -98.64% |
| Q3: Sep 20 | -$33.69 M | -101.06% |
| Q2: Jun 20 | $175.61 M | -93.74% |
| Q1: Mar 20 | $2.03 B | -16.68% |
| Q4: Dec 19 | $2.52 B | 7.94% |
| Q3: Sep 19 | $3.19 B | 13.97% |
| Q2: Jun 19 | $2.81 B | 20.06% |
| Q1: Mar 19 | $2.44 B | 20.32% |
| Q4: Dec 18 | $2.33 B | 16.36% |
| Q3: Sep 18 | $2.80 B | 8.82% |
| Q2: Jun 18 | $2.34 B | 6.48% |
| Q1: Mar 18 | $2.03 B | 0.96% |
| Q4: Dec 17 | $2.00 B | 4.97% |
| Q3: Sep 17 | $2.57 B | 0.23% |
| Q2: Jun 17 | $2.20 B | 4.28% |
| Q1: Mar 17 | $2.01 B | 4.73% |
| Q4: Dec 16 | $1.91 B | 0.40% |
| Q3: Sep 16 | $2.56 B | 1.61% |
| Q2: Jun 16 | $2.11 B | 2.28% |
| Q1: Mar 16 | $1.92 B | 5.63% |
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