secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001999001-26-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags Q4 2025 revenue down 5% to $650M; Adj EBITDA $165M vs $209M YoY
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- Net revenues Q4 $650M (-5% YoY); attendance 9.3M (-13%); per capita spending up 8% to $66.41.
- Net loss attributable $92M (-$0.91/share) vs loss of $264M (-$2.76) in Q4 2024.
- Adjusted EBITDA $165M, down from $209M in prior year quarter; operating days down 11%.
- Full-year net loss $1.60B includes $1.5B goodwill impairment; Adj EBITDA $792M.
- CEO cites below-expectation results; focus on debt reduction after Jan 2026 note refinancing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000199900126000022/0001999001-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000199900126000022/fun-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001999001-26-000022

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