Six Flags reports Q2 net loss $100M; cuts full-year guidance on weather and weak demand

Six Flags Entertainment Corporation/NEW

2025-Q2 EPS reported -$3.18 revenue$1,132,447,000

Net loss attributable to Six Flags of $100M ($0.99 diluted EPS) vs net income of $56M in Q2 2024.
Revenue rose to $930M from $572M due to legacy Six Flags merger; legacy Cedar Fair revenue down $30M on 8% attendance drop.
Full-year 2025 Adjusted EBITDA guidance reduced to $860-910M; targeting $90M H2 cost reductions and exploring asset sales.
Adverse weather caused 379 weather-impacted days, 49 park closures; July attendance up 1% as conditions normalized.
Active pass base down 8% to 6.7M units; early 2026 season pass sales show strong pent-up demand.

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