NASDAQ$FBYD
Falcons Beyond Global Inc-A · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Falcon’s Beyond posted a consolidated net loss of $10.4 million in Q3 2025 amid revenue growth and strategic investments.
Falcon’s Beyond generated $4.1 million in consolidated revenue in Q3 2025 while reporting a net loss of $10.4 million. The loss was primarily due to increased investment activity and a $3.0 million impairment related to its Karnival joint venture. Adjusted EBITDA loss widened to $7.7 million. However, the company improved liquidity through preferred stock issuance and a new line of credit.
- Generated $4.1 million in consolidated revenue for Q3 2025
- Reported net loss of $10.4 million, partly due to impairment and equity investment losses
- Adjusted EBITDA loss increased to $7.7 million from $1.6 million year-over-year
- Cash position improved to $4.3 million from $0.8 million at the end of 2024
Headline financials
Revenue & EPS history
Falcons Beyond · Revenue · Quarterly
$4.05M
Revenue by segment
Falcons Beyond · $12.5M total across 2 segments · Q4 2023
- Producciones de Parques$8.7M—69.6%
- Falcon Creative Group$3.8M—30.4%
Forward guidance
Falcon’s Beyond expects to leverage improved liquidity and a robust pipeline to drive long-term growth, with a focus on attraction services and scaling FCG operations.
Tailwinds
- New $15 million revolving line of credit secured
- Raised $28.7 million through preferred stock issuance and debt-to-equity exchange
- Integration of OES expected to enhance attraction services
- FCG division targeting revenue doubling over next 12 months
- Growing contracted pipeline of $48.3 million entering Q4
Headwinds
- Widening adjusted EBITDA loss to $7.7 million
- Impairment of $3.0 million related to Karnival joint venture
- Operating loss increased from prior year
- Continued losses from equity method investments
- Uncertainty around revenue timing from long-term contracts
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 9 quarterly earnings reports · overlaid with Q3 2025
+0.3%
Avg return
Earnings day
+5.7%
Avg return
5 days after
+10.4%
Avg return
30 days after
45%
5 / 11 earnings
Positive
+9.9%
Q2 2025
Best reaction
-7.0%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.7% | +33.7% | — | |
| Q4 2025 | -5.9% | +17.1% | +71.5% | |
| Q3 2025 | -1.5% | +9.2% | -7.9% | |
| Q2 2025 | +9.9% | -1.2% | +54.2% | |
| Q1 2025 | -0.1% | -2.0% | -24.8% | |
| Q4 2024 | -7.0% | -6.2% | -20.9% | |
| Q3 2024 | -6.4% | -9.1% | +19.7% | |
| Q2 2024 | +3.2% | +4.4% | -16.0% | |
| Q1 2024 | -3.4% | +5.6% | +14.1% | |
| Q4 2023 | +2.3% | +5.4% | +13.5% | |
| Q3 2023 | +2.4% | +6.2% | +0.3% | |
| Q2 2023 | — | — | — | |
| Q1 2023 | — | — | — | |
| Q4 2022 | — | — | — | |
| Q3 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q4 2021 | — | — | — | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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