Royal Caribbean reported second quarter 2026 revenue of $4.8 billion and Adjusted EPS of $4.21, beating analyst expectations. Citing strong close-in demand and favorable costs, the company raised its full-year 2026 Adjusted EPS guidance to between $17.73 and $17.87.
Key Highlights
- Full-year 2026 Adjusted EPS guidance was raised to a range of $17.73 to $17.87, representing approximately 14% year-over-year growth.
- Second quarter Net Yields grew 1.9% year-over-year, exceeding guidance due to stronger than expected close-in demand.
- Load factor for the quarter remained strong at 110%, while the company notes booking volumes continue to be above last year's levels despite modest impacts from geopolitical activity.