Filing Flows › United Parks & Resorts (PRKS) › Q1 2026
United Parks & Resorts (PRKS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
United Parks & Resorts (PRKS) reported revenue of $278M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -25% from the quarter before. Operating margin was -3.1%, net loss $34.1M (12.2% of revenue).
United Parks & Resorts, Q1 2026: revenue $278M (-3% year over year), operating margin -3.1%, net loss $34.1M, operating cash flow $66.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $278M | -25% | -3% |
| Operating profit | −$8.5M | -115% | -150% |
| Net earnings | −$34.1M | -326% | — |
| Operating cash flow | $66.8M | -15% | +160% |
What changed
Revenue was $278.3M in Q1 2026, down 3% year over year and down 25% from the previous quarter. Admission was the largest line at 53% of revenue. Admission lost $8.6M year over year (down 6%), 100% of the total change.
Operating costs exceeded revenue by $8.5M, an operating margin of -3.1%. Total costs grew 6% against a revenue fall of 3%. The quarter ended with a net loss of $34.1M, after a profit of $15.1M the previous quarter. Net interest and other expense of $31.5M was the main reason.
Operating cash flow was $66.8M (up 160% year over year). Non-cash charges added back $45.1M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $50.5M. Capital expenditures of $69.6M exceeded it, leaving free cash flow of −$2.8M.
Questions
What was United Parks & Resorts' revenue in the first quarter 2026?
United Parks & Resorts (PRKS) reported revenue of $278M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -25% from the quarter before.
Was United Parks & Resorts profitable in the first quarter 2026?
Operating loss was $8.5M (-3.1% of revenue) and net loss $34.1M.