Six Flags Entertainment Corporation/NEW (FUN) · Nov 5, 2026 · Earnings

Six Flags earnings hold up, but Q4 EBITDA outlook slips

In line — Q3 revenue $1.17B vs ~$1.16B consensus

Six Flags earnings show modest same-park growth and stronger cash flow, but October weakness and a safety incident lower the near-term EBITDA outlook.

Six Flags is still in the post-merger integration and turnaround phase, trying to grow the combined park network while expanding margins, building a larger pass base, and reducing heavy debt. The prior record emphasized merger synergies, cost savings, and a return to EBITDA growth; this filing shows that progress is real, but uneven.

The quarter itself was broadly in line, not a clean upside surprise. Same-park revenue rose 1.4% and Adjusted EBITDA rose 1.1%, while attendance was essentially flat; the published revenue consensus was about $1.16 billion, putting the $1.17 billion result modestly ahead. The improvement came more from pricing, fewer complimentary tickets, and extra operating days than from stronger underlying traffic.

Metric	Q3 2026	Q3 2025	Consensus / other comparison
Same-park revenue (Financial Highlights)	$1.17B	$1.16B	~$1.16B consensus
Same-park Adjusted EBITDA (Financial Highlights)	$493.2M	$487.7M
Same-park attendance (Financial Highlights)	18.2M	18.2M
Same-park per-capita spending (Financial Highlights)	$60.51	$59.75
Nine-month free cash flow (Cash Flow and Capital Spending)	$257.3M	$(42.9M)
Q4 Adjusted EBITDA outlook (Modeling Assumptions)	$140M–$150M	$166.9M
FY 2026 capital spending outlook (Cash Flow and Capital Spending)	$350M–$375M	$400M–$425M prior guide

The important change is the weaker near-term setup. October was below plan because of bad weather, the Six Flags Over Georgia incident, and related proactive ride closures. Management now expects Q4 Adjusted EBITDA of $140 million to $150 million, below the $166.9 million generated in the comparable quarter. That does not overturn the turnaround, but it interrupts the promised clean progression of year-over-year EBITDA growth and adds a safety-related operating overhang.

Cash generation improved materially, although part of the gain is timing-driven. Nine-month free cash flow reached $257.3 million versus negative $42.9 million a year earlier, helped by lower capital spending, a $43.5 million tax refund, and better operations. The balance sheet is less pressured than last year, with $1.06 billion of liquidity and $275 million of debt reduction, but 5.8x net leverage remains high for a seasonal business.

The pass strategy is working, but next year's demand signal is less robust than the current base. The active pass base was up 7.1% at the end of September, supporting a 1.5% same-park attendance increase for the first nine months. However, management expects to enter 2027 with approximately 3.7 million passholders and members, flat to slightly up, so the current momentum is not yet translating into an acceleration in forward bookings. 〔0〕

Lower capital spending improves near-term cash protection but delays some growth projects. The company cut its 2026 capital expenditure outlook to $350 million–$375 million from $400 million–$425 million, citing timing of large new rides while keeping maintenance, safety, and compliance spending funded. That is helpful for liquidity, but it also means some guest-facing growth investments are being pushed out rather than funded immediately.

Bottom line: Six Flags is executing well enough to keep the post-merger recovery intact, but this was not a decisive beat. The Q3 operating numbers were roughly on plan; the softer October, safety disruption, and lower Q4 outlook make the near-term story more mixed and slightly weaker than before.

What to watch next

Q4 2026 results, early 2027

Original filing on SEC EDGAR

More Six Flags Entertainment Corporation/NEW news

Underlying parks improved, but reported revenue missed consensus by 8%

Live · an AI on the whole US market

Breaking down Wall Street's information edge.

A buy-side analyst on every ticker.

It reads every public company's filing the second it drops — decoded into plain English, before it's a headline. The edge every investor deserves, not just the desks.

Trade the facts, not the FOMO.

Every event

8-Ks decoded the moment they file

Every number

Fundamentals, valuation, quality

What's next

Earnings calendar + the analyst view

scroll ↓

From filing to your screen in seconds

AllSight is the fastest.

DETECT

The moment it files

Every public company, around the clock. The AI never blinks and never takes lunch — nothing to set up.

filed 9:41:03 · decoded 9:41:19

DECODE

Plain English — never a call.

The event, the numbers, how it sits vs. expectations — in seconds. The AI decodes it; you pull the trigger.

DELIVER

On your screen, before the bell

Overnight and premarket, it's already read everything. You walk into every session with the setup — not scrambling to find it.

Understand it like a Wall Street analyst. Explained like a friend.

the raw filing — read the original on SEC.gov↗

decoded▸

AllSight · BlackBerry Q2 FY27

Revenue $163.3M vs ~$144M expected; adjusted basic EPS $0.07 vs ~$0.04 consensus — a real upside surprise.Income statement
QNX revenue +27% to $80.3M; segment EBITDA $29.0M from $20.5M. “Record performance… core automotive.”Segment — QNX
Licensing jumped to $22.1M from $6.6M — it amplified the beat, but it's less recurring than QNX, so the quality sits in QNX.Segment — Licensing
FY27 guide lifted to $616–636M rev / $141–158M EBITDA, above the prior $594–621M / $119–139M framework.Guidance
QNX growth, margins, cash and a raised outlook all beat. But licensing amplified it and Secure Comms is flat — net retention 91% from 93%.Segment — Secure Comms

Know a company all the way down.

Not just one filing. AllSight profiles every public company end to end — the numbers, the quality, the insiders, the smart money, the Street. One page, nothing missed.

Price & every insider trade, plotted
A quality score ranked against every peer
40+ valuation & profitability multiples
Where each one sits in its 5-year range
Whole-market insider flow, in real time
Which superinvestors are holding it
Analyst consensus & price target

Live · — filings read this week

AllSight gives you an edge others can't.

One scan before the open, one after the close — every filing on every ticker, already decoded. You walk into every session fully prepared.

Not investment advice · a neutral translation you can check against the original SEC filing

allsight.ai

Events/ANDE/8-K · Earnings

8-K · Item 2.02 · Earnings

The Andersons — a record Renewables quarter that beat profit expectations

Filed Aug 3, 2026ANDE · NASDAQ

AllSight readBeatPriced in▲ 1.8% since filed · reaction agrees

adj. EPS $2.15 vs ~$1.48 consensus

This filing tests whether The Andersons' sharp profit increase reflects broad operating improvement or a one-off renewable-fuels boost. It also separates strong adjusted earnings and cash generation from the quarter's legal and impairment charges.

The quarter was substantially stronger than both last year and the published earnings expectation. Adjusted EPS reached $2.15, versus $0.24 a year earlier and above the published consensus of about $1.48; reported EPS was $1.65. Adjusted EBITDA more than doubled to $140 million, while sales slipped modestly — the improvement came from margins and operating performance rather than higher revenue. Financial Highlights · Statements of Operations

Q2 ($M, exc. per-share)	Q2 2026	Q2 2025	YoY
Sales & merchandising revenue	3,097.7	3,135.9	−1%
Net income (attributable)	56.6	7.9	+48.7
Diluted EPS	1.65	0.23	+1.42
Adjusted EPS	2.15	0.24	+1.91
Adjusted EBITDA	140.3	65.2	+75.1
Agribusiness adj. pretax	20.3	16.8	+3.5
Renewables adj. pretax	88.4	9.6	+78.8
Cash from operations	487.9	299.3	+188.6
Cash from ops (pre-WC)	112.9	42.9	+70.1

Renewables drove nearly all of the upside — the operating backdrop was strong, but the result also benefited materially from tax credits. Renewables' adjusted pretax income rose to $88 million on record production, stronger ethanol margins and merchandising gains. It also received $24 million of 45Z producer tax credits, so this was not solely a repeatable plant-margin improvement; the company did cite healthy export and domestic ethanol demand as supportive. Renewables — Record Q2 · Segment Data

Agribusiness improved, but it was a supporting contributor rather than the main earnings engine. Adjusted pretax income increased to $20 million as fertilizer margins improved and merchandising benefited from commodity-price volatility, despite lower fertilizer volumes. Agribusiness — Improved Q2 · Segment Data

Cash generation improved and funding capacity is comfortable, while reported earnings still absorbed meaningful non-core costs. Operating cash flow was $488 million ($113 million before working-capital changes); capital spending was $76 million. Adjusted EPS excludes $0.50 of legal-settlement, impairment and transaction items, so the $2.15 adjusted result runs ahead of the $1.65 reported. Leverage stays below the <2.5× debt-to-EBITDA target; no new quantified full-year outlook was given. Cash & Liquidity · Adjusted Net Income

Community sentiment · 612 votes

58% bullish

Bull 58%Neu 27%Bear 15%

AllSight

AllSight Pro

A buy-side analyst on every ticker — reading the whole market the second it moves.

It reads every public company's filing the instant it drops and hands you what it means — in plain English, before it's a headline.

The read itself

Not another feed. A buy-side analyst that never sleeps, on everything.

Whole-market breadthevery public company

Not the 20 names CNBC repeats. Every ticker that files — thousands of companies, one AI reading all of them.

Filed-to-decoded in secondsspeed

Filed 9:41:03, decoded 9:41:19. You've got the catalyst while the tape is still moving and the crowd's still on the headline.

Past the headlinedepth

What actually happened, the numbers that matter, how it sits vs what the Street expected, and what it sets up next.

Source-grounded & neutralrigor

Every read traces to the words in the actual filing — click to see them. A translation you can check, never a buy/sell call.

Zero effort to youconvenience

Plain English, one glance. Follow your stocks and the moment any of them files, it's in your pocket — no watching, no digging.

All of it, livePro

Free reads every session once it closes. Pro reads it the moment it files: the whole market, all day, every day.

And then — go deeper

From "what happened" to "is it worth it."

Cheap or dear?Where it trades vs its own valuation history.

The quality score, in fullAll five dimensions, ranked against its sector.

Structure & multi-year trendsRevenue, margins, cash — the hard numbers, decoded.

Insider activityWho inside the company is buying and selling.

Analyst price targetsWhere Wall Street says every name is headed.

The whole company, one pagePrice, ownership, the full read — on any ticker.

Hire your personal buy-side analyst.

Trade one usual slippage for a whole market's rhythm.

Free

forever

Every closed session, on the whole market. The live session and the deep company read stay Pro.

Monthly

$29/mo

billed monthly

Everything, live — every session the moment it files, plus the full company read. Flexible, month to month.

Best value · save 40%

Annual

$17.40/mo

$209 billed yearly

about one slippage a month

Same full access — the whole market live and every company — at the lowest price. 40% off the monthly.

Billed today. Powered by Stripe · AllSight never sees your card.

Six Flags earnings hold up, but Q4 EBITDA outlook slips

What to watch next

More Six Flags Entertainment Corporation/NEW news

Breaking down Wall Street's information edge.