Royal Caribbean Q3 2025 Earnings Release

Royal Caribbean Group reported strong third-quarter results for 2025, with Earnings per Share (EPS) of $5.74 and Adjusted EPS of $5.75, surpassing guidance due to higher-than-expected demand and lower costs. The company raised its full-year 2025 Adjusted EPS guidance to $15.58-$15.63, reflecting a 32% year-over-year growth. Key highlights include a 112% load factor, $5.1 billion in total revenues, and $1.6 billion in net income. The company also announced the launch of Royal Beach Club Santorini, expanding its land-based destination portfolio. CEO Jason Liberty emphasized strong momentum across the business, driven by innovative ships, exclusive destinations, and high guest satisfaction.