Royal Caribbean releases transcript of Q1 2026 earnings call

Royal Caribbean Group

RCL

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Royal Caribbean Group published transcript of its fiscal 1Q26 earnings call attended by Chairman and CEO Jason Liberty.
Liberty cited strong first-quarter results and a record WAVE season, pointing to demand for Royal Caribbean brands, ships, and destinations.
Management projected another year of double-digit revenue growth and earnings growth, supported by a strong booked position, leading margin profile, and a fortified balance sheet.
Quarter included 11% revenue growth with adjusted EBITDA of USD 1.7 billion.
Royal Caribbean updated 2026 guidance with expected constant-currency net yield growth of 1.5% to 2.5% and expected adjusted EPS of USD 17.10 to USD 17.50.

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