---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-073334"
form_type: "8-K"
ticker: "PRKS"
cik: "0001564902"
company_name: "United Parks & Resorts Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:35:16.035500+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# United Parks reports 2025 revenue down 3.6%, net income down 26%; repurchased 6.7M shares

## Summary
- Fiscal 2025 attendance 21.2M (-1.8% YoY); revenue $1.7B (-3.6%); net income $168.4M (-26.0%).
- Adjusted EBITDA $605.1M (-13.6% YoY); Q4 net income $15.1M (-46%) included $7.6M bad debt write-off.
- Record in-park per capita $36.81 (+1.0%); total revenue per capita $78.54 (-1.9%).
- Repurchased 4.2M shares in FY2025 for $157M; additional 2.5M shares in early 2026 for $90.1M.
- CEO says FY2025 results did not meet expectations; cites cost issues, international tourism headwinds.

## SEC filing metadata
- accession: 0001193125-26-073334
- form_type: 8-K
- ticker: PRKS
- cik: 0001564902
- company_name: United Parks & Resorts Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564902/000119312526073334/0001193125-26-073334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564902/000119312526073334/prks-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-073334
- JSON: https://secwatch.observer/filing/0001193125-26-073334.json
- Plain text: https://secwatch.observer/filing/0001193125-26-073334.txt

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