---
schema_version: "secwatch.filing_event.v1"
accession: "0001999001-25-000171"
form_type: "8-K"
ticker: "FUN"
cik: "0001999001"
company_name: "Six Flags Entertainment Corporation/NEW"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:10:44.676234+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001999001-25-000171
- form_type: 8-K
- ticker: FUN
- cik: 0001999001
- company_name: Six Flags Entertainment Corporation/NEW
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1999001/000199900125000171/0001999001-25-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1999001/000199900125000171/fun-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999001-25-000171
- JSON: https://secwatch.observer/filing/0001999001-25-000171.json
- Plain text: https://secwatch.observer/filing/0001999001-25-000171.txt

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