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NYSE · Communication Services

Six Flags Entertainment Corporation/NEW (FUN)

As-reported financials and SEC filings for Six Flags Entertainment Corporation/NEW. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Six Flags Entertainment Corporation/NEW

Six Flags Entertainment Corporation operates 26 amusement parks, 15 water parks, and nine resorts across North America, primarily in the United States, Mexico, and Canada. The company offers family-oriented recreational facilities featuring rides, live entertainment, food, merchandise, and accommodations. It serves families and young people aged 12 to 24, generating most of its revenue during the peak summer months.

Snapshot

Revenue
$3.10B
Revenue growth (YoY)
14.4%
Net income
$-1.60B
Diluted EPS
$-15.89
Gross margin
91.3%
Operating margin
-44.4%
Net margin
-51.6%
FCF margin
-4.9%
ROE
-290.9%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.65B
Long-term debt / equity
9.40×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Six Flags Entertainment Corporation/NEW

  • Revenue grew 14.4% to $3.1B in FY2025, slower than the 50.6% the year before.
  • Most recent quarter Q2 FY2026: revenue $865M, down 7.0% from Q2 FY2025.
  • Free cash flow was negative $152M in FY2025.
  • Net loss widened to $1.6B in FY2025, from $231M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Six Flags Entertainment Corporation/NEW’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin91.3%
Highest of 105
Operating margin-44.4%
10th percentile of 185
Net margin-51.6%
9th percentile of 191
FCF margin-4.9%
19th percentile of 164
Revenue growth (YoY)+14.4%
73rd percentile of 209
ROE-290.9%
2nd percentile of 165
Long-term debt / equity9.40×
96th percentile of 101
Short interest6.17d
75th percentile of 216

Six Flags Entertainment Corporation/NEW’s gross margin of 91.3% is the highest of the 105 Communication Services companies reporting it. Six Flags Entertainment Corporation/NEW’s return on equity of -290.9% ranks in the 2nd percentile of the 165 Communication Services companies reporting it. Six Flags Entertainment Corporation/NEW’s long-term debt to equity of 9.40 ranks in the 96th percentile of the 101 Communication Services companies reporting it.

3 reported insider purchases (code P) totaling $6.1M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
4
4 new, 0 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$228.6M
reported long value
InvestorAs ofPosition valueSharesChange
Sachem Head Capital ManagementQ2 2026$107.1M5.0MHeld
JANA PartnersQ2 2026$87.7M4.1MHeld
Citadel AdvisorsquantQ2 2026$23.4M1.1MReduced
AQR Capital ManagementquantQ2 2026$5.0M233.3KNew
Millennium ManagementquantQ2 2026$2.5M116.4KReduced
Gotham Asset ManagementQ2 2026$1.2M58.4KNew
Point72 Asset ManagementquantQ2 2026$1.1M50.0KNew
Two Sigma InvestmentsquantQ2 2026$569,56226.7KNew

No longer held by: Bridgewater Associates (as of Q2 2026), D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
3
2 insiders
Bought (90d)
$6.1M
code P value
Sells (90d)
0
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-12
Reilly John TPresident & CEOBuy15.7K$15.80$248K
2026-06-15
filed 2026-06-16
JAFFER REHANDirectorBuy125.0K$23.41$2.9M
2026-06-12
filed 2026-06-16
JAFFER REHANDirectorBuy125.0K$23.69$3.0M
2026-05-21
filed 2026-05-26
Spiegel Marilyn GDirectorBuy2.5K$19.10$48K
2026-05-12
filed 2026-05-14
HADDRILL RICHARD MExecutive ChairBuy10.0K$19.08$191K
2026-05-12
filed 2026-05-14
Spiegel Marilyn GDirectorBuy2.5K$19.13$48K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
18.5M
settled 2026-08-14
Change vs prior
-4.2%
vs previous settlement
Days to cover
6.17
at avg daily volume
Avg daily volume
3.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1418.5M-4.2%6.17
2026-07-3119.3M+3.8%10.12
2026-07-1518.6M-3.1%8.02
2026-06-3019.2M+7.2%7.23
2026-06-1517.9M+1.6%9.16
2026-05-2917.6M+1.6%8.85
2026-05-1517.3M-8.1%6.54
2026-04-3018.9M-5.3%13.03

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.10B$2.71B$1.80B$1.82B
Gross profit$2.83B$2.48B$1.64B$1.65B
Operating income$-1.38B$310.5M$306.2M$519.9M
Net income$-1.60B$-231.2M$124.6M$307.7M$-48.5M
Diluted EPS$-15.89$-3.22$2.42

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$91.1M$83.2M$65.5M$101.2M$61.1M
Current assets$472.9M$399.9M$208.8M
Total assets$7.80B$9.13B$2.24B
Current liabilities$685.1M$926.7M$402.7M
Long-term debt$5.17B$4.72B$2.28B
Total liabilities$7.25B$7.09B$3.09B
Total equity$549.8M$2.04B$-898.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$327.5M$373.4M$325.7M$407.7M
Capital expenditure$479.7M$320.8M$220.4M$183.4M
Free cash flow$-152.2M$52.6M$105.3M$224.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$864.9M-7.0%$-202.6M$-1.99
Q1 FY2026$225.6M11.7%$-268.6M$-2.65
Q4 FY2025$650.1M-5.4%$-92.4M$-0.91
Q3 FY2025$1.32B-2.3%$-1.19B$-11.77
Q2 FY2025$930.4M112.2%$-99.6M$-0.99
Q1 FY2025$202.1M98.8%$-219.7M$-2.20
Q4 FY2024$687.3M85.2%$-264.2M$-2.74
Q3 FY2024$1.35B60.1%$111.0M$1.10

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorCommunication Services
SIC industryServices-Amusement & Recreation Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 28, 2026)
Oldest indexed filing2023
SEC CIK1999001

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-02
View on EDGAR →
8-K2026-07-01
View on EDGAR →
8-K2026-05-27
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.