Six Flags Entertainment Corporation reported its first-quarter 2025 results, showing net revenues increased by $100 million to $202 million, compared to $102 million in the first quarter of 2024. This growth was driven by a 1.5-million-visit increase in attendance and a 6% rise in in-park per capita spending.
Despite the revenue increase, the company reported a substantial operating loss of $321 million and a net loss attributable to the company of $220 million, or $2.20 per diluted share. Adjusted EBITDA loss totaled $171 million, representing a $74 million higher loss compared to the prior-year period.
The significant losses, even with revenue growth, indicate ongoing challenges in profitability and cost management during the post-merger integration phase. The company maintained its full-year Adjusted EBITDA guidance range for 2025, suggesting expectations for improved performance later in the year.
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