Royal Caribbean Group (NYSE:RCL) shares spiked Tuesday after the cruise operator reported second-quarter 2026 results.

Adjusted EPS of $4.21 beat the $3.98 analyst estimate, while revenue rose 6% year over year to $4.832 billion, topping the $4.817 billion estimate.

Earnings And Margins GAAP diluted EPS fell to $4.20 from $4.41 a year earlier.

Adjusted EPS declined from $4.38.

Net income attributable to Royal Caribbean decreased to $1.128 billion from $1.210 billion, while adjusted net income fell to $1.130 billion from $1.202 billion.