Royal Caribbean Cruises ( (RCL) ) has released its Q1 earnings. Here is a breakdown of the information Royal Caribbean Cruises presented to its investors.
Royal Caribbean Group, a leader in the vacation industry, operates a global fleet of 67 ships across five brands, offering cruise and land-based vacation experiences worldwide.
In its latest earnings report, Royal Caribbean Group announced a strong financial performance for the first quarter of 2025, with earnings per share surpassing expectations and an increase in full-year guidance. The company attributes its success to robust pricing, lower costs, and high demand for its offerings.
Key highlights from the report include a first-quarter net income of $0.7 billion, or $2.70 per share, and total revenues of $4.0 billion. The company also reported a load factor of 109% and a 13.9% increase in gross margin yields. Additionally, Royal Caribbean experienced record bookings during the quarter, driven by strong demand and consumer excitement for new ship launches and exclusive destinations.
Looking ahead, Royal Caribbean expects continued growth, with adjusted earnings per share projected to increase by approximately 28% year-over-year, reaching between $14.55 and $15.55 for the full year 2025. The company remains focused on delivering exceptional vacation experiences, optimizing revenue, and managing costs amid a complex macroeconomic environment.