Royal Caribbean Group reported $5.14 billion in revenue and $1.6 billion in net income in the third quarter, saying strong close-in demand made up for the continued closure of its Haitian port, Labadee.
Looking forward, booking rates for 2026 exceed those the company saw for 2025, helping to place the company in what CEO Jason Liberty called a "strong booked position."
The company's exceeded its earnings per share guidance, but its revenue for the quarter was below analyst's anticipated $5.17 billion, according to the Wall Street Journal.
Royal Caribbean Group raised its full year earnings per share guidance from $15.58 to $15.63.
The quarter's profits helped offset the extended closure of is Labadee port, which has been removed from itineraries through at least April, and "recent adverse weather."
The third quarter also saw a 2.9% capacity increase and a 7% increase in passengers over Q3 2024.
Royal Caribbean Group also unveiled its plan to expand the Royal Beach Club concept to Santorini in 2026.