United Parks & Resorts (PRKS) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
United Parks & Resorts reported revenue of $506 million for Q3 2026, down 1% from a year earlier (United Parks & Resorts, Nov 5, 2026). Diluted EPS was $1.74, up 8% from $1.61. Admissions brought in $265 million, down 2%. Every figure is from United Parks & Resorts's release. Walnut is informational, not investment advice.
PRKS Q3 2026 results
In one sentence
United Parks & Resorts reported revenue of $506 million for Q3 2026, down 1% from a year earlier (United Parks & Resorts, Nov 5, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $506 million | $512 million | down 1% |
| Diluted EPS | $1.74 | $1.61 | up 8% |
| Net income | $80.0 million | $89.3 million | down 10% |
The quarter ended September 30, 2026 and United Parks & Resorts 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.
- United Parks & Resorts' diluted EPS rose while net income fell, because buybacks cut diluted weighted shares to 45,969 thousand from 55,473 thousand a year earlier.
- United Parks & Resorts reports no adjusted EPS; its non-GAAP measures are Adjusted EBITDA, Covenant Adjusted EBITDA and Free Cash Flow.
Source: United Parks & Resorts Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
PRKS revenue by segment
How United Parks & Resorts 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.
| Net revenues | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Admissions | $265 million | $269 million | down 2% |
| Food, merchandise and other | $242 million | $243 million | down 1% |
- United Parks & Resorts's Admissions revenue was $265 million in Q3 2026, down 2% from $269 million in Q3 2025, 52% of total revenue.
- United Parks & Resorts's Food, merchandise and other revenue was $242 million in Q3 2026, down 1% from $243 million in Q3 2025, 48% 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.
PRKS recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $506 million | $1.74 | Nov 5, 2026 |
Q2 2026 ended Jun 30, 2026 | $483 million | $1.34 | Aug 4, 2026 |
Q1 2026 ended Mar 31, 2026 | $278 million | -$0.69 | May 11, 2026 |
Q4 2025 ended Dec 31, 2025 | $374 million | $0.28 | Feb 26, 2026 |
Q3 2025 ended Sep 30, 2025 | $512 million | $1.61 | Nov 6, 2025 |
GAAP total revenues and diluted EPS, each as first reported in that quarter's release. The business is seasonal: Q1 is the smallest quarter and Q3 the largest.
When does PRKS report earnings next?
We do not hold a confirmed date for United Parks & Resorts's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past United Parks & Resorts quarterly reports
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
What United Parks & Resorts's revenue is made of
United Parks & Resorts' Q3 2026 total revenue was $506.5 million, down $5.4 million or 1.1% from a year earlier. Admissions brought in $264.6 million (down 1.5%) and food, merchandise and other $241.8 million (down 0.6%). The company owns and operates 12 theme parks under brands including SeaWorld and Busch Gardens. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026; United Parks & Resorts Form 10-K, 2025, Mar 3, 2026)
At United Parks & Resorts attendance fell about 320,000 to 6.5 million guests, down 4.7%, while total revenue per capita rose 3.8% to $78.29. Admission per capita rose 3.4% to $40.90 on higher realized pricing and product mix, and in-park per capita spending rose 4.4% to a record $37.39 on higher penetration and pricing initiatives. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026)
United Parks & Resorts blamed the attendance decline mainly on unfavorable weather, calendar shifts and lower international visitation, which CEO Marc Swanson put at about 325,000 visits combined. A planned cut in promotional admission products cost more than 100,000 further visits. The 10-K notes that a significant portion of revenue has historically come from Florida, California and Virginia. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026; United Parks & Resorts Form 10-K, 2025, Mar 3, 2026)
Pass sales in the quarter were up almost 8%, and the release says the total paid pass base was positive as of October 31, with the 2027-specific pass base up over 15%. Deferred revenue, which mostly reflects passes and tickets sold for future visits, was $152.4 million at September 30, 2026, against $143.3 million at the end of 2025. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026; United Parks & Resorts Form 10-Q, Q3 2026, Nov 6, 2026)
What United Parks & Resorts's EPS includes
United Parks & Resorts' diluted EPS rose 8.1% to $1.74 even though net income fell 10.5% to $80.0 million. Diluted weighted shares fell to 45,969 thousand from 55,473 thousand, after repurchases of 5,880,832 shares for about $217.7 million in the first nine months of 2026; the company had $129.9 million left under its 2025 repurchase program at September 30. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026; United Parks & Resorts Form 10-Q, Q3 2026, Nov 6, 2026)
Operating income fell 7.3% to $140.6 million. Selling, general and administrative expenses rose 13.1% to $68.6 million, while operating expenses fell 1.9% to $210.3 million. The effective tax rate rose to 26.6% from 24.5%, on non-deductible compensation and state taxes, and interest expense eased to $32.1 million from $33.5 million. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026; United Parks & Resorts Form 10-Q, Q3 2026, Nov 6, 2026)
United Parks & Resorts does not report an adjusted EPS. Adjusted EBITDA was $205.1 million, down 5.1%, after adding back items including $8.5 million of business optimization, development and strategic initiative costs. (United Parks & Resorts Q3 2026 release (EX-99.1), 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.
Consensus and guidance at United Parks & Resorts
United Parks & Resorts does not publish a numeric revenue or earnings outlook in its release. Instead it gave forward indicators: projected total revenue for October was up, 2027 forward bookings for Discovery Cove and for group business were running up double-digit percentages, and the 2027 pass base was up over 15% as of October 31. (United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026)
A consensus figure is the average of the models published by the analysts who cover United Parks & Resorts, 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 numbers analysts watch at United Parks & Resorts
The figures below are the ones United Parks & Resorts's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Attendance | 6.5 million guests, down 4.7% About 320,000 fewer visits than Q3 2025 United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
| Total revenue per capita | $78.29, up 3.8% United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
| Admission per capita | $40.90, up 3.4% United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
| In-park per capita spending | $37.39, up 4.4% (a record) United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
| Adjusted EBITDA | $205.1 million, down 5.1% LTM Covenant Adjusted EBITDA $634.1 million United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
| Free cash flow | $23.5 million, down 38.3% Capital expenditures $69.7 million in the quarter United Parks & Resorts Q3 2026 release (EX-99.1), Nov 5, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning PRKS is on is PRKS a buy or a sell?, what analysts expect next is on the PRKS forecast, and what the company does is on the United Parks & Resorts (PRKS) stock page.
How to check PRKS's figures yourself
Every number on this page can be traced to a document United Parks & Resorts 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.
Your questions about United Parks & Resorts
Ask Walnut's AI anything about PRKS and see how it fits what you own.
FAQ
What was United Parks & Resorts's revenue last quarter?
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United Parks & Resorts reported revenue of $506 million for Q3 2026, the quarter ended September 30, 2026, against $512 million in Q3 2025 (down 1%). The figures come from United Parks & Resorts's results release of November 5, 2026.
When does PRKS report earnings next?
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We do not hold a confirmed date for United Parks & Resorts's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does United Parks & Resorts's revenue come from?
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United Parks & Resorts's Admissions revenue was $265 million in Q3 2026, down 2% from $269 million in Q3 2025, 52% of total revenue. United Parks & Resorts's Food, merchandise and other revenue was $242 million in Q3 2026, down 1% from $243 million in Q3 2025, 48% of total revenue. These are the lines of United Parks & Resorts's own "net revenues" table for Q3 2026.
How much did United Parks & Resorts's revenue grow last quarter?
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Down 1% on the year: $506 million in Q3 2026 against $512 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in United Parks & Resorts's business do not distort it.
Where do the PRKS numbers on this page come from?
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From United Parks & Resorts's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from United Parks & Resorts's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.