Six Flags posts $1.6 billion loss for 2025
Posted
From the press release:
2025 Fourth-Quarter Results
- Net revenues totaled $650 million, down $37 million or 5% compared with the fourth quarter of 2024 -- on a per operating day basis, net revenues were up 7% compared with the fourth quarter of 2024.
- Attendance totaled 9.3 million guests, down 13% or approximately 1.4 million visitors compared with the fourth quarter of 2024 -- on a per operating day basis attendance was down 2% compared with the fourth quarter of 2024.
- Per capita spending(2) was $66.41, up 8% compared with the fourth quarter of 2024.
- Net loss attributable to Six Flags Entertainment Corporation was $92 million compared with a loss of $264 million for the fourth quarter of 2024.
- Adjusted EBITDA(1) totaled $165 million compared with Adjusted EBITDA of $209 million in the fourth quarter of 2024.
- Operating days totaled 779, down 11%, compared with 878 days in the fourth quarter of 2024.
2025 Full-Year Results
- Net revenues totaled $3.10 billion.
- Attendance totaled 47.4 million guests.
- Per capita spending(2) was $61.90.
- Net loss attributable to Six Flags Entertainment Corporation totaled $1.60 billion, which reflects a $1.5 billion non-cash impairment charge on goodwill and other intangibles.
- Adjusted EBITDA(1) totaled $792 million.
- Operating days totaled 5,738.
I seem to remember that as well. Not sure when or why the idea was scrapped.
The developers tried to keep some references to the park. The main street at VC Park at Geauga Lake (the apartments) is called Double Loop Drive. The road that connects Route 43 with Depot Road is Big Dipper Road. One of the streets in the development at the old Sea World area is called Dipper Lane. The apartments along with the Meijer is called The Geauga Lake District. All of the signage uses to old style Geauga Lake Logo and font. And I believe there is a historical marker in the apartment development.
FWIW.
The streets named after coasters and rides are cool, but my favorite is the street named after Leigh Woodall.
Leigh started out as a seasonal associate at Seaworld Ohio. He went full time and stayed on during the Six Flags era and the entire Cedar Fair era from both parks to waterpark. After Wildwater Kingdom closed he continued to stay on and was the last Cedar Fair employee at the property, managing security once everything was closed. He operated a training center for K9 first responder training on the vacant property until Cedar Fair sold it. He was hired by the new property owners to continue overseeing security on the property and now works with the City of Aurora as a consultant to the new city park being built on the Seaworld/WWK side.
He's a good guy who did everything he could to preserve as much history as possible when the different parks changed identities and then closed.
Bozman:
The main street at VC Park at Geauga Lake (the apartments) is called Double Loop Drive. The road that connects Route 43 with Depot Road is Big Dipper Road.
And of course Double Loop Drive basically goes in a straight line, and based on the topography I'm guessing there are no dips in Big Dipper Road. In ten years nobody is going to understand these street names.
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