RCL at a glance
Royal Caribbean Group (RCL, SEC CIK 884887) filed its latest 10-K annual report on February 11, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on September 23, 2026 and Form 4 insider filings as recently as August 3, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Royal Caribbean Group (RCL) reported revenue of $17.9 billion (up 8.8% from FY2024) and net income of $4.3 billion. Diluted EPS was $15.61.
- As of June 30, 2026, 40 institutional investment managers tracked by SignalX reported holding Royal Caribbean Group (RCL) shares worth $27.1 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Bayley Michael W on July 29, 2026 of 12,811 shares at $315.99 per share.
- In the last 90 days, RCL insiders reported 0 open-market purchases ($0) and 1 open-market sale ($4.0M) on Form 4, a net sale of $4.0M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $17.9B
- +8.8% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$4.0M
- 13F holders
- 40 funds
- $27.1B · +3 vs prior quarter
- Latest 8-K
- Sep 23, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Global cruise vacation operator with three main brands plus a 50% JV in German cruise market
- New segment: Launch of Celebrity River Cruises with initial 10 ships ordered, expanding to 20 vessels by 2026
- Strategic shift: Expansion into private land-based destinations, targeting increase from 3 to 7 exclusive locations by 2028
- Quantitative highlight: Fleet growth includes 4 Royal Caribbean ships on order plus 3 TUI Cruises ships, expanding berth capacity significantly
- Noteworthy fact: Signed MOU for two new Discovery-class ships to enter service in 2029 and 2032, representing new ship generation
Risk Factors
- Cybersecurity risk exposure with senior leadership oversight by CIO and CISO experienced 35+ years and active Board Audit Committee involvement
- No distinct geopolitical or macroeconomic threat detailed in 10-K text provided
- No operational or supply chain vulnerability specific to Royal Caribbean mentioned
- No named competitor or market disruption risk identified in section provided
Management Discussion & Analysis
- Forward-looking statements caution including risks and uncertainties, no specific guidance given
AI summary of the RCL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue increased $294 million YoY, driven by higher capacity and pricing
- Q2 net income $1.1 billion vs $1.2 billion YoY
- Cruise operating expenses increased $264 million YoY, primarily from higher capacity
- $2.5 billion net debt proceeds from senior notes issued in February
- Legend of the Seas delivered in June; no near-term guidance disclosed
Risk Factors
- No risk factors provided; excerpt covers share repurchases and shareholders’ equity only
- $2 billion repurchase authorization announced December 10, 2025
- 798,041 shares repurchased in May 2026 at $249.60 per share
- Remaining repurchase authorization $805.5 million at June 30, 2026
AI summary of the RCL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- $3.0B cash acquisition of 50% interest in Sandals and Beaches Resorts
- Morgan Stanley committed debt financing, implying added leverage and financing costs
Item EX-99.1: Item EX-99.1
- $3B acquisition of 50% Sandals and Beaches stake, expanding RCL from cruises into Caribbean all-inclusive resorts
- Approximately 10x forward EBITDA valuation, financed with committed debt from Morgan Stanley
Item 1.01: Entry into a Material Definitive Agreement
- $1.25B senior notes issued at 5.550% interest, maturing January 20, 2034
- Approximately $1.24B net proceeds earmarked to repay floating-rate term loans and refinance existing debt
Item 1.01: Entry into a Material Definitive Agreement
- $1.25B senior notes issued at 5.550% interest, maturing 2034
- Offering expected to close August 20, 2026, subject to customary conditions
AI summaries of RCL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for RCL
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Bunch Tara | A | Jul 31, 2026 | 683 | - |
| Bayley Michael W | Sell | Jul 29, 2026 | 12,811 | $315.99 |
| BETHGE LAURA H | F | Jun 1, 2026 | 267 | $284.23 |
| LEAVITT MICHAEL O | F | May 28, 2026 | 78 | $276.62 |
| Montiel Maritza Gomez | A | May 28, 2026 | 831 | - |
| Sorensen Vagn O | A | May 28, 2026 | 831 | - |
| Howe Stephen R. Jr. | A | May 28, 2026 | 831 | - |
| Wiernicki Christopher J | A | May 28, 2026 | 831 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $16.5B | $17.9B |
| Operating Income | - | $4.1B | $4.9B |
| Net Income | $1.7B | $2.9B | $4.3B |
| Op. Margin | - | 24.9% | 27.4% |
| Net Margin | - | 17.5% | 23.8% |
| Balance Sheet | |||
| Total Assets | $35.1B | $37.1B | $41.6B |
| Equity | - | $7.6B | $10.0B |
| ROE | - | 38.0% | 42.5% |
| Per Share | |||
| EPS | $6.31 | $10.94 | $15.61 |
| Cash Flow | |||
| Operating CF | - | $5.3B | $6.5B |
| CapEx | $3.9B | $3.3B | $5.2B |
Source: XBRL data in Royal Caribbean Group (RCL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate RCL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 40 | $27.13B |
| Q1 2026 | 37 | $24.00B |
| Q4 2025 | 41 | $25.12B |
| Q3 2025 | 43 | $31.62B |
| Q2 2025 | 43 | $28.48B |
| Q1 2025 | 36 | $13.85B |
| Q4 2024 | 33 | $13.33B |
| Q3 2024 | 28 | $5.00B |
- JPMorgan Chase & Co+337.2K (+10%)
- State Street Corp+270.9K (+3%)
- Dimensional Fund Advisors+180.0K (+9%)
- Citigroup+175.1K (+14%)
- Ameriprise Financial+136.7K (+12%)
- BlackRock−1.43M (-6%)
- Goldman Sachs Group−548.3K (-24%)
- AQR Capital Management−355.4K (-71%)
- T. Rowe Price Group−231.1K (-16%)
- FMR LLC (Fidelity)−171.5K (-17%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 301 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
RCL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 23, 2026 | - | Analysis | - |
| 8-K | Aug 20, 2026 | - | Analysis | - |
| 8-K | Aug 7, 2026 | - | Analysis | - |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 20, 2026 | - | Analysis | - |
| 4 | Jun 3, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 8-K | May 28, 2026 | - | Analysis | |
| 8-K | May 20, 2026 | - | Analysis |
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RCL SEC filings: frequently asked questions
Are RCL insiders buying or selling?
In the last 90 days, Royal Caribbean Group (RCL) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $4.0 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold RCL stock?
As of June 30, 2026, the largest Royal Caribbean Group (RCL) holders among the 13F filers tracked by SignalX were BlackRock ($6.5 billion), Vanguard Capital Management LLC ($5.1 billion), Vanguard Portfolio Management LLC ($3.9 billion), State Street Corp ($3.4 billion), JPMorgan Chase & Co ($1.2 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was RCL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Royal Caribbean Group (RCL) reported revenue of $17.9 billion (up 8.8% from FY2024) and net income of $4.3 billion. Diluted EPS was $15.61. The figures come from the XBRL data in the 10-K.
What are the main risks in RCL's latest 10-K?
In the 10-K filed February 11, 2026, Royal Caribbean Group (RCL) flagged: Cybersecurity risk exposure with senior leadership oversight by CIO and CISO experienced 35+ years and active Board Audit Committee involvement. No distinct geopolitical or macroeconomic threat detailed in 10-K text provided. (AI summary of the Risk Factors section.)
What did RCL report in its latest 8-K?
Royal Caribbean Group (RCL) filed an 8-K on September 23, 2026 reporting Item 8.01 (Other Events). $3.0B cash acquisition of 50% interest in Sandals and Beaches Resorts.
What are the latest RCL SEC filings?
Royal Caribbean Group (RCL) filed its latest 10-K annual report on February 11, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on September 23, 2026 and a Form 4 insider filing on August 3, 2026.
What is RCL's SEC CIK number?
Royal Caribbean Group (RCL)'s SEC Central Index Key (CIK) is 884887. EDGAR lists every RCL filing under that number.
Ask anything about RCL
The research agent reads RCL's filings, financials, insider trades and 13F holders, then answers with sources.