Six Flags Q3 Revenue Up 1.4% Same-Park; Loss Widened by Impairments

Six Flags Entertainment Corporation reported third-quarter net revenue of $1.17 billion, down 11.0% on a reported basis and up 1.4% on a same-park basis, according to the company’s results release for the quarter ended Sept. 27, 2026. The Arlington, Texas-based operator posted a net loss of $366.1 million, or $3.59 a share, after $687.7 million in non-cash impairment charges.

Adjusted EBITDA was $493.2 million, down 11.1% reported and up 1.1% on a same-park basis, the company said. Same-park attendance was about 18.2 million, down 0.2%, while per capita spending rose 1.3% to $60.51. The active pass base reached 7.1 million, up 7.1% same-park. Attractions Magazine reported the same revenue and same-park figures from the release.

Portfolio shift and cash

Prior-year comparisons still include eight parks Six Flags no longer operates in 2026 — seven sold to EPR Properties before the season and one Bowie, Maryland, park closed after 2025 — so same-park results exclude those sites. Year-to-date operating cash flow rose 36.5% to $498.5 million. Liquidity at quarter-end was $1.06 billion; nine-month capital spending was $241.2 million, down from $408.1 million a year earlier.

Safety review and outlook

CEO John Reilly said the company is cooperating with the investigation of a “tragic incident” last month at Six Flags Over Georgia and has started a portfolio-wide ride-safety review with independent engineers. Attractions Magazine described the October event as a fatal Goliath roller-coaster incident. With softer October weather and that incident’s aftermath, Six Flags guided fourth-quarter same-park adjusted EBITDA to $140 million to $150 million, below $167 million a year earlier, and cut 2026 capital spending guidance to $350 million–$375 million from $400 million–$425 million.

Sources: Six Flags via Nasdaq, Attractions Magazine