Overview
- In the quarter ended June 28, 2026, Six Flags’ retained parks delivered same-park gains: attendance rose 4% to 13.1 million, revenue rose 2.4% to $864 million, and Adjusted EBITDA rose 7% to $249 million.
- Overall chain-level attendance and revenue fell year-over-year because the company sold or closed seven noncore parks, a set sold to EPR Properties in March for about $331 million.
- Six Flags’ active pass base expanded 6% on a same-park basis and season-pass sales grew, which management says increases predictable revenue but contributed to a 1% drop in guest spending per capita to $62.88 driven by a $0.90 decline in admission per visit.
- The company reported total liquidity of $837 million, including $703 million available on its revolving credit facility, and carries roughly $4.9 billion of net debt while saying it will use cash flow, disciplined capital spending and sale proceeds to cut leverage.
- Management presented the results as validation of its strategic priorities to focus the portfolio and improve operations, though investors reacted to near-term headwinds and the earnings miss with a sharp share drop and the company noted early third-quarter impacts from wildfire smoke and a shifted July 4 calendar.