---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-019111"
form_type: "8-K"
ticker: "PRKS"
cik: "0001564902"
company_name: "United Parks & Resorts Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:03:31.203295+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SeaWorld Q1 revenue record $293.3M (+8.4%); net loss widens to $16.5M, adjusted EBITDA record $72.4M

## Summary
- Revenue record $293.3M, up 8.4% YoY; per capita spending record $86.84, up 9.2%.
- Attendance 3.4M guests, down ~25k from Q1 2022; net loss $16.5M vs $9.0M loss a year ago.
- Adjusted EBITDA record $72.4M, up 9.8% YoY; adjusted EBITDA margin improved.
- After quarter-end, repurchased 235k shares for $13.9M; $42.4M remains in buyback program.
- SeaWorld Abu Dhabi opening May 23, 2023; group booking trends running well ahead of 2022.

## SEC filing metadata
- accession: 0000950170-23-019111
- form_type: 8-K
- ticker: PRKS
- cik: 0001564902
- company_name: United Parks & Resorts Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564902/000095017023019111/0000950170-23-019111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564902/000095017023019111/seas-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019111
- JSON: https://secwatch.observer/filing/0000950170-23-019111.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019111.txt

## Key facts
- Earnings Releases
  United Parks & Resorts Inc. reported the quarter ended March 31, 2023 results: revenue $293.3 million, net income $16.5 million. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $293.3 million
  - Net income: $16.5 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2023 Highlights • Attendance was 3.4 million guests, a decrease of approximately 25,000 guests from the first quarter of 2022. • Total revenue was a record $293.3 million, an increase of $22.7 million or 8.4% from the first quarter of 2022. • Net loss was $16.5 million, the second smallest net loss in the first quarter and an increase of $7.5 million from the first quarter of 2022. • Adjusted EBITDA [1] was a record $72.4 million, an increase of $6.5 million or 9.8% from the first quarter of 2022. • Total revenue per capita [2] increased 9.2% to a record $86.84 from the first quarter of 2022. Admission per capita [2] increased 9.4% to a record $48.51 while in-park per capita spending [2] increased 8.9% to a record $38.33 from the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564902/000095017023019111/0000950170-23-019111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.