Filing Flows › Royal Caribbean Cruises (RCL) › Capital expenditures
Royal Caribbean Cruises (RCL) capital expenditures by quarter
Royal Caribbean Cruises' capital expenditures were $643M in Q3 2026 (third quarter 2026), -77% from Q2 2026. Over the last 7 quarters it ranged from $428M (Q1 2025) to $2.7B (Q2 2026).
| Quarter | Capital expenditures | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $643M | -77% | -74% |
| Q2 2026 | $2.7B | +447% | +227% |
| Q1 2026 | $500M | -67% | +17% |
| Q4 2025 | $1.5B | -39% | — |
| Q3 2025 | $2.5B | +194% | — |
| Q2 2025 | $836M | +95% | — |
| Q1 2025 | $428M | — | — |
Q3 2026 at a glance
Royal Caribbean Cruises, Q3 2026: revenue $5.6B (+9% year over year), operating margin 33.5%, net earnings $1.7B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
Questions
What is Royal Caribbean Cruises' capital expenditures?
Royal Caribbean Cruises' capital expenditures were $643M in Q3 2026 (third quarter 2026), -77% from Q2 2026.
How has Royal Caribbean Cruises' capital expenditures changed?
Over the last 7 quarters it ranged from $428M (Q1 2025) to $2.7B (Q2 2026).
Q3 2026 results → · How Royal Caribbean Cruises makes money →