Royal Caribbean Q2 2025 Financial Results

Royal Caribbean Cruises Ltd. reported its financial results for the second quarter of 2025, with Earnings per Share (EPS) of $4.41 and Adjusted EPS of $4.38. The company exceeded its guidance due to strong close-in demand, lower costs, and favorable below-the-line items. Total revenues for the quarter were $4.5 billion, with net income of $1.2 billion. The company also increased its full-year 2025 Adjusted EPS guidance to $15.41 to $15.55, driven by the strong second-quarter performance and continued cost management. Key metrics included a load factor of 110%, gross margin yields up 11.0%, and net yields up 5.3%. The company highlighted strong demand across its brands and new ship launches, positioning it well for future growth.