Filing Flows › Communication Services › Six Flags Entertainment (FUN)
Six Flags Entertainment (FUN) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Six Flags Entertainment (FUN) Q3 2026 earnings results →
Q3 2026 Revenue down 11% year over year to $1.2B · 29¢ of every $1 of revenue lost · operating margin -25.6%
Six Flags Entertainment made $1.2B in Q3 2026 (-11% Y/Y): Admissions $584M, Food, merchandise and games $394M, Accommodations, extra-charge products and other $196M. Operating margin -25.6%, net loss $341M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $1.2B in Q3 2026, down 11% year over year and up 36% from the previous quarter. Admissions was the largest line at 50% of revenue. Admissions lost $0.08B year over year (down 12%), 56% of the total change.
Operating costs exceeded revenue by $0.30B, an operating margin of -25.6%. Total costs fell 39% while revenue fell 11%. The quarter ended with a net loss of $0.34B, wider than the previous quarter's $0.18B loss.
Operating cash flow was $0.35B (down 3% year over year). Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.58B. Capital expenditures of $0.09B left free cash flow of $0.25B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $1.2B | -11% | -25.6% | −$341M | $346M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $865M | -7% | 10.2% | −$178M | $236M |
| Q1 2026 | 10-Q | May 7, 2026 | $226M | +12% | -138.4% | −$269M | −$83.2M |
| Q4 2025 | 10-K | Feb 26, 2026 | $650M | -5% | -3.8% | −$92.4M | −$37.7M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $1.3B | -2% | -83.7% | −$1.2B | $356M |
| Q2 2025 | 10-Q | Aug 6, 2025 | $930M | +63% | 8.0% | −$74.8M | $187M |
| Q1 2025 | 10-Q | May 8, 2025 | $202M | +99% | -158.9% | −$220M | −$178M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Six Flags Entertainment
The Company is North America's largest regional amusement park operator with 26 amusement parks, 15 separately gated water parks and nine resort properties. Of the 41 amusement and water parks, 37 are located in the United States, two are located in Mexico and two are located in Canada. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and immersive entertainment. The Company generates revenue from sales of admission to the amusement parks and water parks, from purchases of food, merchandise and games both inside and outside the parks, from the sale of accommodations and other extra-charge products, and other revenue sources. The Company purchases rides and attractions, inventory, operating and maintenance supplies, and services from a variety of suppliers both domestic and abroad.
In its own words, from its 10-K, filed Feb 26, 2026.
Six Flags Entertainment against its Services-Amusement & Recreation Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -11% against the peers' median +10%. Operating margin: -25.6% against the peers' median 7.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| FUN Six Flags Entertainment | Q3 2026 | $1.2B | -11% | -25.6% |
| LYV Live Nation Entertainment | Q3 2026 | $10.1B | +19% | 8.8% |
| WMG Warner Music Group | Q3 FY26 | $1.9B | +10% | 16.4% |
| TKO TKO Group Holdings | Q3 2026 | $1.4B | +22% | 27.8% |
| ACEL Accel Entertainment | Q3 2026 | $364M | +10% | 7.9% |
| BATRA Atlanta Braves Holdings | Q3 2026 | $325M | +4% | 2.7% |
| LUCK Lucky Strike Entertainment | Q1 FY27 | $303M | +4% | 9.3% |
| SPHR Sphere Entertainment | Q3 2026 | $274M | +4% | -87.7% |
| LLYVA Liberty Live Holdings | Q3 2026 | $106M | +72% | -11.0% |
Source: Six Flags Entertainment 10-Q on SEC EDGAR · CIK 1999001 · Services-Amusement & Recreation Services
Guidance and outlook
13F: who owns FUN and who is buying
More on FUN
- How Six Flags Entertainment makes money: revenue by segment
- Six Flags Entertainment next earnings date and what analysts expect
- Six Flags Entertainment stock forecast, price target and fair value
- Who owns Six Flags Entertainment stock: holders, funds and Congress trades
- Six Flags Entertainment guidance and outlook
- Is Six Flags Entertainment a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Six Flags Entertainment guidance history: guided vs reported
- Six Flags Entertainment free cash flow by quarter
- Six Flags Entertainment capital expenditures by quarter
- Six Flags Entertainment Admissions revenue by quarter
- Six Flags Entertainment Food, merchandise and games revenue by quarter
- Six Flags Entertainment Accommodations, extra-charge products and other revenue by quarter