Six Flags 2025 Q3 Earnings Sharp Earnings Decline Amid 1160% Net Loss Per Share

Six Flags (FUN) reported fiscal 2025 Q3 earnings on Nov 8, 2025, with results sharply missing expectations. The company swung to a loss of $11.77 per share, , . , and the company revised full-year adjusted EBITDA guidance downward to $780 million–$805 million.

Revenue

, .

Earnings/Net Income

, . The company’s per-share loss of $11.77 marked a 1160.4% negative change, underscoring persistent operational challenges and unprofitability.

Post-Earnings Price Action Review

Following the earnings report, , plummeted 21.54% during the most recent full trading week, and fell 16.95% month-to-date.

CEO Commentary

acknowledged weaker September demand and integration progress, emphasizing a data-driven strategy for 2026. He highlighted lessons learned to refine operations and boost brand relevance post-/Travis Kelce engagement.

Guidance

Brian Witherow revised full-year 2025 adjusted EBITDA guidance to $780 million–$805 million, citing attendance shortfalls and operational challenges. Q4 is expected to see flat to mid-single-digit attendance declines, with disciplined cost management and asset sales planned for 2026.

Additional News

Six Flags faces multiple class-action lawsuits over its July 2024 merger with Cedar Fair. Plaintiffs allege the registration statement omitted critical details about Legacy Six Flags’ chronic underinvestment and operational degradation under former CEO . , . A new branding partnership with is being explored to enhance the company’s market position.