Filing Flows › Six Flags Entertainment (FUN) › Q1 2026
Six Flags Entertainment (FUN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Six Flags Entertainment (FUN) reported revenue of $226M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -65% from the quarter before. Operating margin was -138.4%, net loss $269M (119.0% of revenue).
Six Flags Entertainment, Q1 2026: revenue $226M (+12% year over year), operating margin -138.4%, net loss $269M, operating cash flow −$83.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $226M | -65% | +12% |
| Operating profit | −$312M | — | — |
| Net earnings | −$269M | — | — |
| Operating cash flow | −$83.2M | — | — |
What changed
Revenue was $225.6M in Q1 2026, up 12% year over year and down 65% from the previous quarter. Admissions was the largest line at 50% of revenue. Food, merchandise and games added $12.4M year over year (up 19%), 53% of the total change.
Operating costs exceeded revenue by $312.2M, an operating margin of -138.4%. Total costs grew 3% against revenue growth of 12%. The quarter ended with a net loss of $268.6M, wider than the previous quarter's $92.4M loss.
Operating cash flow was −$83.2M. Non-cash charges added back $107.3M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items added $74.3M. Capital expenditures of $54.0M exceeded it, leaving free cash flow of −$137.1M.
Questions
What was Six Flags Entertainment's revenue in the first quarter 2026?
Six Flags Entertainment (FUN) reported revenue of $226M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -65% from the quarter before.
Was Six Flags Entertainment profitable in the first quarter 2026?
Operating loss was $312M (-138.4% of revenue) and net loss $269M.