Quarterly ResultMay 11, 2026, 04:53 PM
United Parks & Resorts Q1 Net Loss Widens to $(34.1)M; Revenue Down
AI Summary
United Parks & Resorts reported a wider net loss of $(34.1) million for Q1 2026, compared to a net loss of $(16.1) million in Q1 2025. Total revenues decreased to $278.3 million from $286.9 million year-over-year, with operating income turning into a loss of $(8.5) million. Despite the revenue decline, net cash provided by operating activities significantly increased to $66.8 million. The company also repurchased 2.55 million shares for $92.7 million during the quarter.
Key Highlights
- Net loss widened to $(34.1) million in Q1 2026 from $(16.1) million in Q1 2025.
- Total revenues decreased to $278.3 million in Q1 2026 from $286.9 million in Q1 2025.
- Admissions revenue fell to $147.5 million in Q1 2026 from $156.1 million in Q1 2025.
- Operating income shifted to a loss of $(8.5) million in Q1 2026 from a profit of $16.9 million in Q1 2025.
- Net cash provided by operating activities increased to $66.8 million in Q1 2026 from $25.7 million in Q1 2025.
- Capital expenditures rose to $69.6 million in Q1 2026 from $56.9 million in Q1 2025.
- The company repurchased 2.55 million shares of treasury stock for $92.7 million.
- Revolving Credit Facility saw $80.0 million in draws and $50.0 million in repayments.
Price Impact
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