Six Flags reports record Q1 revenue as ticket pricing drives per capita spending surge

Six Flags Entertainment (NYSE:FUN), North America’s largest regional amusement park operator, reported a strong start to the 2026 season with record first-quarter revenue and significant gains in guest monetization.

The Charlotte-based company announced that net revenues for the period ended March 29, 2026, rose 12% to $225.6 million, compared to $201 million in the first quarter of 2025.

The revenue growth was achieved despite a reduction in operating days, which fell to 369 from 393 in the prior-year period.

The results were bolstered by a 4% increase in attendance, reaching 2.9 million visits, and a 6% surge in guest per capita spending to $69.26.

Management attributed the spending boost to higher ticket pricing, an improved ticket mix, and increased guest outlays on food and beverage offerings.

Elsewhere, Six Flags demonstrated improved operational leverage during its typically quieter first quarter.

The company reported an adjusted EBITDA loss of $123 million, a $48 million improvement over the $171 million loss recorded in Q1 2025.

While the company posted a net loss attributable to the corporation of $269 million, the underlying performance metrics suggest a healthy trajectory heading into the peak summer months.

A key indicator of future demand is the company’s active pass base, which was up 6% on a same-park basis through the end of April.

This momentum carried into early spring, with year-to-date attendance through April 2026 also up 4% compared to the same period last year.