Six Flags posts net loss of $100 million in second quarter

Posted | Contributed by Jeff

From the press release:

  • Net revenues totaled $930 million, $389 million of which relates to the legacy Six Flags operations added in the merger.
  • Net loss attributable to Six Flags Entertainment Corporation was $100 million, which included a net loss of $126 million from legacy Six Flags operations added in the merger.
  • Adjusted EBITDA for the quarter totaled $243 million, $62 million of which relates to the legacy Six Flags operations added in the merger.
  • Attendance totaled 14.2 million guests, 6.3 million of whom attended legacy Six Flags parks added in the merger. Combined attendance of 14.2 million guests was down 9% or 1.4 million visits compared to the second quarter last year.
  • In-park per capita spending was $62.46, including admissions per capita spending of $34.19 and per capita spending on in-park products of $28.27.
  • Out-of-park revenues totaled $72 million, $15 million of which relates to legacy Six Flags operations added in the merger.
  • The active pass base(which reflects total outstanding and active season passes and memberships), totaled approximately 6.7 million units as of June 29, 2025, down approximately 579,000 units or 8% compared to combined active pass base for legacy Cedar Fair and legacy Six Flags at the end of the second quarter last year.

ShaneDenmark:

I always wondered what the mix was of passholders vs single day tickets for WinterFest or Holiday in the Park. Here's an idea, use it to drive pass sales. Instead of giving away the Fall plus all of next year, have your passes start whenever in mid-August but they expire the following Labor Day. Had fun at the park all Summer long? Want to come back for HAUNT and/or WinterFest? Time to re-up.

super7*:
That’s how they should’ve structured their season passes in the beginning and they wouldn’t be in this mess. But instead, they gave everything away and it’s hard to reverse that once it is done

Gotta pull up out of the nosedive sometime. The longer they put it off, the longer it will be before people start to accept a new game plan.

And really it only affects new passholders, right? If you are renewing a pass in late Summer for the following year you've already paid for those "free" Halloween and Holiday seasons.


But then again, what do I know?

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