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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.83B | $4.45B | $4.26B | $5.14B | $4.54B | $4.00B | $3.76B | $4.89B |
| Cost of revenue | $2.55B | $2.25B | $2.24B | $2.48B | $2.28B | $2.08B | $2.05B | $2.39B |
| Gross profit | $2.29B | $2.21B | $2.02B | $2.66B | $2.26B | $1.92B | $1.71B | $2.50B |
| Gross margin | 47.3% | 49.5% | 47.4% | 51.8% | 49.7% | 48.0% | 45.4% | 51.1% |
| Selling, general and administrative | $513.00M | $582.00M | $630.00M | $522.00M | $508.00M | $562.00M | $673.00M | $451.00M |
| Operating expenses | $977.00M | $1.04B | $1.08B | $958.00M | $925.00M | $975.00M | $1.08B | $861.00M |
| Operating income | $1.31B | $1.16B | $934.00M | $1.70B | $1.33B | $945.00M | $625.00M | $1.63B |
| Operating margin | 27.1% | 26.1% | 21.9% | 33.1% | 29.3% | 23.6% | 16.6% | 33.4% |
| EBITDA | $1.77B | $1.62B | $1.39B | $2.14B | $1.75B | $1.36B | $1.04B | $2.04B |
| Interest income | $5.00M | $5.00M | $7.00M | $3.00M | $12.00M | $2.00M | $3.00M | $4.00M |
| Interest expense | −$236.00M | −$278.00M | −$267.00M | −$248.00M | −$228.00M | −$249.00M | −$266.00M | −$603.00M |
| Income before taxes | $1.15B | $976.00M | $844.00M | $1.58B | $1.23B | $751.00M | $604.00M | $1.12B |
| Income taxes | $14.00M | $26.00M | $82.00M | — | $17.00M | $16.00M | $46.00M | — |
| Net income | $1.14B | $950.00M | $762.00M | $1.58B | $1.22B | $735.00M | $558.00M | $1.12B |
| Net margin | 23.5% | 21.3% | 17.9% | 30.7% | 26.8% | 18.4% | 14.8% | 22.8% |
| EPS, basic | $4.21 | $3.49 | $2.78 | $5.79 | $4.45 | $2.71 | $2.07 | $4.22 |
| EPS, diluted | $4.20 | $3.48 | $2.76 | $5.74 | $4.41 | $2.70 | $1.90 | $4.21 |
| Diluted shares | 268.00M | 271.00M | 272.76M | 274.00M | 275.00M | 276.00M | 290.00M | 264.00M |
Figures describe Royal Caribbean shares, not any token. As of Jul 28, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.