Filing Flows › Pursuit Attractions & Hospitality (PRSU) › Q3 2025
Pursuit Attractions & Hospitality (PRSU) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Pursuit Attractions & Hospitality (PRSU) reported revenue of $241M for the third quarter 2025 (Q3 2025), +32% from a year earlier and +106% from the quarter before. Operating margin was 43.9%, net earnings $73.9M (30.6% of revenue).
Pursuit Attractions & Hospitality, Q3 2025: revenue $241M (+32% year over year), operating margin 43.9%, net earnings $73.9M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241M | +106% | +32% |
| Operating profit | $106M | +896% | +14% |
| Net earnings | $73.9M | 13× | +52% |
| Operating cash flow | $103M | +375% | -7% |
| Free cash flow | $86.8M | 27× | -9% |
What changed
Revenue was $241.0M in Q3 2025, up 32% year over year and up 106% from the previous quarter. Service was the largest line at 74% of revenue. Service added $45.2M year over year (up 34%), 77% of the total change.
Operating profit was $105.8M, a 43.9% margin (down 6.9 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 51% margin then. Total costs grew 51% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+68%). Net earnings were $73.9M, up 52% year over year. The effective tax rate was 17.3%.
Operating cash flow was $102.6M (down 7% year over year), 121% of net income including minority interests. Non-cash charges added back $12.0M of depreciation and amortization and $1.6M of share-based compensation. Capital expenditures of $15.8M left free cash flow of $86.8M.
Questions
What was Pursuit Attractions & Hospitality's revenue in the third quarter 2025?
Pursuit Attractions & Hospitality (PRSU) reported revenue of $241M for the third quarter 2025 (Q3 2025), +32% from a year earlier and +106% from the quarter before.
Was Pursuit Attractions & Hospitality profitable in the third quarter 2025?
Operating profit was $106M (43.9% of revenue) and net earnings $73.9M.
Source: Pursuit Attractions & Hospitality 10-Q on SEC EDGAR.