Six Flags Entertainment Corporation (FUN) Earnings: Q3 2026 Results

The quarter ended September 27, 2026 and Six Flags published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Reported Q3 2025 figures include eight parks Six Flags no longer operates: seven sold to EPR Properties before the 2026 season and the Bowie, Maryland park, closed after the 2025 season. On a same-park basis Q3 2025 net revenues were $1,156.6 million.
• Six Flags' fiscal quarters end on a Sunday: Q3 2026 ended September 27, 2026 and Q3 2025 ended September 28, 2025.
• The GAAP loss includes $687.7 million of non-cash impairment charges in Q3 2026 and a $1.52 billion impairment charge in Q3 2025. Six Flags does not report an adjusted EPS figure.

Source: Six Flags Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 27, 2026. Figures as reported; checked against the release on November 10, 2026.

How Six Flags splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Six Flags's Admissions revenue was $584 million in Q3 2026, down 12% from $665 million in Q3 2025, 50% of total revenue.
• Six Flags's Food, merchandise and games revenue was $394 million in Q3 2026, down 11% from $443 million in Q3 2025, 34% of total revenue.
• Six Flags's Accommodations, extra-charge products and other revenue was $196 million in Q3 2026, down 7% from $210 million in Q3 2025, 17% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Six Flags also expects fourth quarter 2026 same-park Adjusted EBITDA of $140 million to $150 million, against $167 million in the fourth quarter of 2025.

In its Q3 2026 release, Six Flags said:

“October was softer than planned driven by unfavorable weather on several of the biggest weekends early in the month and by the impact of the tragic incident at Six Flags Over Georgia and related proactive ride closures.”

“Six Flags currently expects about 60 additional operating days in the fourth quarter versus last year, driven mainly by the return of Holiday in the Park winter events.”

“Six Flags now expects 2026 capital expenditures of $350.0 million to $375.0 million, compared with its prior expectation of $400.0 million to $425.0 million.”

Source: Six Flags Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the FUN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenues and diluted loss per share attributable to Six Flags, each as first reported. The Q1 and Q2 2026 releases did not print per-share figures, so those rows link to the 10-Q for the quarter.

We do not hold a confirmed date for Six Flags's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

Six Flags, the largest regional amusement park operator in North America, splits net revenues into admissions, food, merchandise and games, and accommodations, extra-charge products and other. In Q3 2026 admissions were $583.5 million of the $1,173.1 million total, food, merchandise and games $394.0 million, and accommodations and other $195.5 million. (Six Flags Q3 2026 release, Nov 5, 2026)

Reported net revenues fell $144.7 million, or 11.0%, because Q3 2025 included eight parks Six Flags no longer operates. On a same-park basis net revenues rose $16.5 million, or 1.4%, which Six Flags attributes to higher per capita spending, a $2.4 million increase in out-of-park revenues (mainly resorts) and 54 additional operating days, most of them from the later timing of Labor Day. (Six Flags Q3 2026 release, Nov 5, 2026)

Attendance was 18,195 thousand, down 0.2% on a same-park basis. Six Flags says higher season pass and membership visitation was offset by lower single-day visitation and fewer complimentary tickets, that July 4 fell on a Saturday this year, not a Friday, and that wildfire-related air quality disruptions affected certain parks. Passholders and members made up about 61% of same-park attendance. (Six Flags Q3 2026 release, Nov 5, 2026)

Same-park per capita spending rose 1.3% to $60.51. Admissions per capita rose 1.7% to $32.07 and in-park product per capita rose 0.7% to $28.44, helped by realized pricing and fewer complimentary tickets. (Six Flags Q3 2026 release, Nov 5, 2026)

The business is seasonal: in 2025 about 70% of annual attendance and revenue came in the second and third quarters, with most revenue earned between Memorial Day and Labor Day. Six Flags operates 20 amusement parks, 14 water parks and nine resort properties across 13 U.S. states, Canada and Mexico. (Six Flags Form 10-K, 2025, Feb 26, 2026; Six Flags Q3 2026 release, Nov 5, 2026)

Six Flags lost $3.59 per diluted share in Q3 2026, against a loss of $11.77 a year earlier. Net loss attributable to Six Flags was $366.1 million, against $1,187.3 million. Both quarters were dominated by non-cash impairments: $687.7 million this quarter and $1.52 billion in Q3 2025. (Six Flags Q3 2026 release, Nov 5, 2026)

Six Flags recorded the Q3 2026 goodwill and trade name charges after revising its long-term forecast, which the 10-Q says, together with a decline in its share price relative to industry peers, triggered testing. Goodwill was impaired at six reporting units, the largest being Six Flags Over Texas ($196.3 million) and Six Flags Magic Mountain ($149.6 million), and the Six Flags trade name was impaired by $61.9 million. (Six Flags Form 10-Q, Q3 2026, Nov 5, 2026)

Below operating loss, net interest expense was $89.6 million and a tax benefit of $50.6 million reduced the pre-tax loss of $391.7 million. Six Flags reports no adjusted EPS; its main non-GAAP profit measure is Adjusted EBITDA, $493.2 million in the quarter. Weighted average diluted shares were 101,868 thousand. (Six Flags Q3 2026 release, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Six Flags did not give a full-year revenue or earnings range with Q3 2026 results. It said October was softer than planned because of weather on several of the biggest weekends and the incident at Six Flags Over Georgia and related ride closures, and it expects fourth quarter 2026 same-park Adjusted EBITDA of $140 million to $150 million, against $167 million a year earlier. (Six Flags Q3 2026 release, Nov 5, 2026)

Six Flags also expects about 60 additional operating days in the fourth quarter, mainly from the return of Holiday in the Park winter events, and cut its 2026 capital expenditure expectation to $350.0 million to $375.0 million from $400.0 million to $425.0 million, citing the timing of large new ride projects. It forecasts entering 2027 with about 3.7 million active passholders and members on a same-park basis. (Six Flags Q3 2026 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover Six Flags, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Six Flags's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning FUN is on is FUN a buy or a sell?, what analysts expect next is on the FUN forecast, and what the company does is on the Six Flags Entertainment Corporation (FUN) stock page.

Every number on this page can be traced to a document Six Flags published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.