Filing Flows › Falcon's Beyond Global (FBYD) › Q2 2025
Falcon's Beyond Global (FBYD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Falcon's Beyond Global (FBYD) reported revenue of $2.5M for the second quarter 2025 (Q2 2025), +42% from a year earlier and +49% from the quarter before. Operating margin was -53.0%, net earnings $25.1M (985.2% of revenue).
Falcon's Beyond Global, Q2 2025: revenue $2.5M (+42% year over year), operating margin -53.0%, net earnings $25.1M, operating cash flow −$7.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | +49% | +42% |
| Operating profit | −$1.4M | — | — |
| Net earnings | $25.1M | — | — |
| Operating cash flow | −$7.9M | -936% | — |
What changed
Revenue was $2.5M in Q2 2025, up 42% year over year and up 49% from the previous quarter.
Operating costs exceeded revenue by $1.4M, an operating margin of -53.0%. Total costs fell 27% while revenue rose 42%. Net earnings were $11.2M, up 810% year over year. The effective tax rate was 0.0%. Non-operating items added $26.5M, 105% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$7.9M. Non-cash charges added back $40K of depreciation and amortization and $317K of share-based compensation. Working capital and other items used $33.4M.
Questions
What was Falcon's Beyond Global's revenue in the second quarter 2025?
Falcon's Beyond Global (FBYD) reported revenue of $2.5M for the second quarter 2025 (Q2 2025), +42% from a year earlier and +49% from the quarter before.
Was Falcon's Beyond Global profitable in the second quarter 2025?
Operating loss was $1.4M (-53.0% of revenue) and net earnings $25.1M.