Six Flags find success in shedding parks
Six Flags' attendance, revenue, and earnings are down this year over last due to the company's sale or closure of some of its parks this season. But when you look at just the parks that Six Flags has kept in its chain, the company is reporting increases across the board.
Attendance was up 4% on a same-park basis - to 13.1 million - in the three months ending June 28, 2026 when compared with the same period one year ago. Revenue was up 2.4%, to $864 million. Adjusted EBITDA was up 7%, to $249 million.
Looking closer at revenue, guest spending per capita was down 1%, to $62.88, due to a 90-cent decline in admission spending per capita, a decline that typically can be attributed to a higher percentage of guests attending on season passes. Indeed, Six Flags reported that its active pass base grew 6% this quarter on a same-park basis. But both attendance and in-park spending per capita were higher last year at the parks the company kept than the entire chain reported before the sale and closure of select parks.
The company also reported total liquidity of $837 million, including $703 million available under the company’s revolving credit facility. Net debt totaled $4.9 billion.
"Our second quarter and first-half results reflect meaningful progress advancing the strategic priorities we established at the beginning of the year to strengthen the business," President and CEO John Reilly said. "Our more focused operating portfolio generated higher attendance, net revenues and Adjusted EBITDA, demonstrating that our portfolio actions and performance improvement initiatives are delivering improved financial results. Additionally, season pass and membership sales increased and our active pass base expanded during the second quarter, reinforcing our conviction that we are taking the right steps to build a stronger, more predictable business as we enter the most important part of our operating season."
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