---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-281592"
form_type: "8-K"
ticker: "FBYD"
cik: "0001937987"
company_name: "Falcon's Beyond Global, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:56:29.924019+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Falcon's Beyond Q3 net loss $10.4M on $4.1M revenue; $28.7M preferred issuance

## Summary
- Consolidated net loss $10.4M vs net income $39.3M prior year; revenue $4.1M.
- FCG revenue $5.7M, down 56% YoY; operating loss $3.5M, net loss $3.8M.
- Series B preferred issuance: $8M cash and $20.7M debt-to-equity exchange, total $28.7M.
- New $15M revolving credit line (SOFR+2.75%, 5-yr) for Falcon's Attractions expansion.
- Karnival JV project terminated in Hong Kong, $3M impairment; FCG pipeline $48.3M.

## SEC filing metadata
- accession: 0001193125-25-281592
- form_type: 8-K
- ticker: FBYD
- cik: 0001937987
- company_name: Falcon's Beyond Global, Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937987/000119312525281592/0001193125-25-281592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937987/000119312525281592/fbyd-20251114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-281592
- JSON: https://secwatch.observer/filing/0001193125-25-281592.json
- Plain text: https://secwatch.observer/filing/0001193125-25-281592.txt

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