Six Flags Q2 revenue rises on higher season pass, membership sales

Six Flags Entertainment

06/08/2026 10:14

Overview
US amusement park operator's Q2 revenue and adjusted EBITDA missed analyst expectations
Same-park revenue rose 2% and attendance increased 4%, but per capita spending declined 1%
Company says higher attendance driven by increased season pass and membership sales

Outlook
Six Flags expects expanded season pass and membership offerings to support future attendance growth
Company sees recurring revenue and visibility into demand improving due to higher-tier pass sales
Six Flags says focus on high-return parks and disciplined capital allocation to drive long-term earnings

Result Drivers
SEASON PASS AND MEMBERSHIP SALES - Co said higher attendance and revenue growth were driven by increased season pass and membership sales, with active pass base up 6% on same-park basis
HIGHER-TIER PASS MIX - Co said guests traded up to higher-tier season pass products, supporting higher-value guest relationships and recurring revenue
EXPENSE MANAGEMENT - Co said operating costs and expenses remained well controlled despite higher attendance, supporting improved operating leverage

Company press release: ID:nBwRL3z1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$864.92 mln
$933.34 mln (15 Analysts)
Q2 Net Loss Attributable
 
$202.62 mln
 
Q2 Adjusted EBITDA
Miss
$243.07 mln
$282.33 mln (14 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Six Flags Entertainment Corp is $28.00, about 49.3% above its August 5 closing price of $18.75

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(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.)