Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment, Net (Tables)

v3.25.4
Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2025
Property Plant And Equipment [Abstract]  
Schedule of property and equipment, net

Property and equipment, net consisted of the following (in thousands):

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

Ships

$

20,729,022

$

18,435,673

Ship improvements

 

3,747,539

 

3,269,898

Ships under construction

 

1,321,431

 

1,143,711

Land and land improvements

 

58,370

 

58,370

Private destinations and other

 

1,489,694

 

1,261,404

 

27,346,056

 

24,169,056

Less: accumulated depreciation

 

(8,277,249)

 

(7,358,406)

Property and equipment, net

$

19,068,807

$

16,810,650