Filing Flows › United Parks & Resorts (PRKS) › Q2 2025
United Parks & Resorts (PRKS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
United Parks & Resorts (PRKS) reported revenue of $490M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +71% from the quarter before. Operating margin was 28.7%, net earnings $80.1M (16.3% of revenue).
United Parks & Resorts, Q2 2025: revenue $490M (-2% year over year), operating margin 28.7%, net earnings $80.1M, operating cash flow $181M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $490M | +71% | -1% |
| Operating profit | $140M | +732% | -15% |
| Net earnings | $80.1M | — | -12% |
| Operating cash flow | $181M | +605% | +5% |
| Free cash flow | $128M | — | +36% |
What changed
Revenue was $490.2M in Q2 2025, down 1% year over year and up 71% from the previous quarter. Admission was the largest line at 52% of revenue. Admission lost $8.3M year over year (down 3%), 112% of the total change.
Operating profit was $140.5M, a 28.7% margin (down 4.4 points year over year). Total costs grew 5% against a revenue fall of 1%. Net earnings were $80.1M, down 12% year over year. The effective tax rate was 24.6%.
Operating cash flow was $181.2M (up 5% year over year), 226% of net earnings. Non-cash charges added back $43.0M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items added $54.2M. After capital expenditures ($53.6M), free cash flow as the company reports it was $127.6M.
Questions
What was United Parks & Resorts' revenue in the second quarter 2025?
United Parks & Resorts (PRKS) reported revenue of $490M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +71% from the quarter before.
Was United Parks & Resorts profitable in the second quarter 2025?
Operating profit was $140M (28.7% of revenue) and net earnings $80.1M.