---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-049954"
form_type: "8-K"
ticker: "FBYD"
cik: "0001937987"
company_name: "Falcon's Beyond Global, Inc."
filed_at: "2025-04-03T23:59:59+00:00"
generated_at: "2026-05-23T22:50:20.213622+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Falcon's Beyond FY2024 net income $149.5M; FCG revenue up 136% to $53.2M

## Summary
- Consolidated FY2024 revenue $6.7M (management fees); FCG (unconsolidated) revenue $53.2M, up 136% YoY.
- Consolidated net income $149.5M vs net loss ($430.9M) in 2023, driven by $517.7M change in earnout liability fair value.
- Adjusted EBITDA loss improved to ($20.0M) from ($33.1M) in 2023.
- PDP JV revenue $45.7M (+$4.4M YoY); net income $5.8M vs loss ($3.0M) in 2023.
- Stock dividend of 0.2 shares per share in Dec 2024; warrants amended to mandatory exchange at 0.25 shares per warrant on Oct 6, 2028.

## SEC filing metadata
- accession: 0000950170-25-049954
- form_type: 8-K
- ticker: FBYD
- cik: 0001937987
- company_name: Falcon's Beyond Global, Inc.
- filed_at: 2025-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937987/000095017025049954/0000950170-25-049954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937987/000095017025049954/fbyd-20250403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-049954
- JSON: https://secwatch.observer/filing/0000950170-25-049954.json
- Plain text: https://secwatch.observer/filing/0000950170-25-049954.txt

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