Six Flags posts Q3 net loss of $1.2B on $1.5B impairment, revenue down 2%

Six Flags Entertainment Corporation/NEW

2025-Q3 EPS reported -$14.99 revenue$2,450,200,000

Net revenues $1.32B, down 2% vs prior year; attendance up 1% to 21.1M guests.
Net loss $1.2B driven by $1.5B non-cash impairment of goodwill and intangibles.
Adjusted EBITDA $555M, down $3M; FY2025 guidance revised to $780M-$805M.
JANA Partners and Travis Kelce acquired significant stake; discussing branding partnership.
October attendance down 11% vs 2024 but up 7% vs 2023; 2026 season pass sales up 3%.

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