Filing Flows › United Parks & Resorts (PRKS) › Q2 2026 › vs Q2 2025
United Parks & Resorts (PRKS) Q2 2026 vs Q2 2025 (year over year)
United Parks & Resorts's revenue fell $6.9M (-1%) from $490M in Q2 2025 to $483M in Q2 2026. The biggest changes: Admission −$11.7M (-5%); Food Merchandise and Other Revenue +$4.8M (+2%). Operating margin 24.2% against 28.7% (-4.4 pts).
United Parks & Resorts, Q2 2026: revenue $483M (-1% year over year), operating margin 24.2%, net earnings $63.3M, operating cash flow $170M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.2% | 28.7% | -4.4 pts |
| Net margin | 13.1% | 16.3% | -3.3 pts |
| Free cash flow margin | 21.0% | 26.0% | -5.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Admission | $244M | $256M | −$11.7M | -5% |
| Food Merchandise and Other Revenue | $239M | $234M | $4.8M | +2% |
| Revenue | $483M | $490M | −$6.9M | -1% |
| Operating profit | $117M | $140M | −$23.4M | -17% |
| Costs & expenses | $366M | $350M | $16.5M | +5% |
| Pre-tax earnings | $84.7M | $106M | −$21.6M | -20% |
| Other expense, net | $32.4M | $34.2M | −$1.8M | -5% |
| SG&A | $66.6M | $64.4M | $2.2M | +3% |
| Other operating costs | $300M | $285M | $14.3M | +5% |
| Net earnings | $63.3M | $80.1M | −$16.8M | -21% |
| Income tax | $21.4M | $26.2M | −$4.8M | -18% |
| Depreciation & amortization | $45.8M | $43.0M | $2.8M | +7% |
| Share-based compensation | $4.8M | $3.9M | $956K | +25% |
| Working capital & other | $56.1M | $54.2M | $1.9M | +3% |
| Operating cash flow | $170M | $181M | −$11.2M | -6% |
| Free cash flow (OCF − capex) | $101M | $128M | −$26.2M | -21% |
| Capital expenditures | $68.6M | $53.6M | $15.0M | +28% |
Questions
How much did United Parks & Resorts's revenue grow year over year in Q2 2026?
United Parks & Resorts's revenue fell $6.9M (-1%) from $490M in Q2 2025 to $483M in Q2 2026.
What drove United Parks & Resorts's revenue change in Q2 2026?
Admission −$11.7M (-5%); Food Merchandise and Other Revenue +$4.8M (+2%).