Amusement park operator Six Flags' Q1 revenue rises 12%, beats estimates

Six Flags Entertainment

07/05/2026 10:08

Overview

US amusement park operator's Q1 revenue rose 12% yr/yr, beating analyst expectations

Adjusted EBITDA loss for Q1 narrowed and beat analyst expectations

Company cites higher attendance and increased guest spending as key drivers

Outlook

Company says demand trends in the second quarter are encouraging

Six Flags expects new entertainment offerings and operational focus to support peak season demand

Company notes potential for a more promotional environment to pressure admissions yield and mix

Result Drivers

ATTENDANCE GROWTH - Q1 attendance rose 4% yr/yr, aided by favorable operating conditions, a larger active pass base, and earlier timing of holidays and events

HIGHER PER CAPITA SPENDING - Per capita spending increased 6%, reflecting higher admissions pricing, a favorable ticket mix, and increased guest spending on food, beverage, and merchandise

COST EFFICIENCIES - Operating costs and expenses fell 12%, driven by planned reductions in full-time wages, maintenance costs, and operating supplies

Company press release: ID:nBw1fjWJpa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$225.6 mln
$207.75 mln (13 Analysts)
Q1 Net Income
-$268.6 mln
Q1 Adjusted EBITDA
Beat
-$123 mln
-$169.87 mln (13 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

Wall Street's median 12-month price target for Six Flags Entertainment Corp is $26.00, about 32% above its May 6 closing price of $19.69

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)