Six Flags Entertainment Corporation ( (FUN) ) has released its Q2 earnings. Here is a breakdown of the information Six Flags Entertainment Corporation presented to its investors.
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Six Flags Entertainment Corporation is North America’s largest regional amusement-resort operator, known for its 27 amusement parks, 15 water parks, and nine resort properties across the U.S., Canada, and Mexico, offering thrilling experiences with world-class coasters and themed rides.
In its latest earnings report, Six Flags disclosed a net revenue of $930 million for the second quarter of 2025, with a net loss of $100 million, largely impacted by adverse weather conditions and a merger with legacy Six Flags operations. The company also provided a performance update for July, noting an improvement in demand as weather conditions normalized.
Key financial metrics from the report include a 9% decrease in overall attendance compared to the previous year, with 14.2 million guests visiting during the quarter. The company reported an adjusted EBITDA of $243 million, and in-park per capita spending was recorded at $62.46. Despite the challenges, the company is on track with its merger-related cost synergies and is targeting a $90 million cost reduction in the second half of 2025.
Looking ahead, Six Flags is revising its full-year outlook, anticipating adjusted EBITDA between $860 and $910 million, while focusing on reducing net leverage and completing integration efforts. The company is also exploring the divestiture of non-core assets to accelerate deleveraging.
As Six Flags continues to navigate economic volatility and weather challenges, the management remains optimistic about the company’s strategic initiatives and capital programs, expecting demand to accelerate in the latter half of the year.