NYSE$PRKS

United Parks & Resorts Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

United Parks & Resorts reported Q3 2025 revenue of $511.9M with net income of $89.3M and diluted EPS of $1.61.

Third-quarter revenue was $511.9 million with net income of $89.3 million. Seasonal attendance, per-cap spending, and cost control at theme parks and entertainment venues drove results for the quarter ended September 30, 2025.

  • Q3 revenue $511.9M.
  • Net income $89.3M; diluted EPS $1.61.
  • Seasonal demand and in-park spending support revenue.
  • Operating leverage and maintenance capex discussed in MD&A.

Headline financials

Total Revenue

$512M

Previous: $546M-6.2%
EPS (adj)

$1.61

Previous: $2.08-22.6%
Attendance

6.8M

Previous: 7.0M-2.9%
Total Revenue per Capita

$75.39

Previous: $77.66-2.9%
Admission per Capita

$39.57

Previous: $42.24-6.3%
In-Park per Capita Spending

$35.82

Previous: $35.42+1.1%
Adjusted EBITDA

$216M

Previous: $258M-16.3%
Animals Rescued (Q4)

192

No prior period
Animals Rescued (Total)

42.0K

No prior period
Capital Expenditures

-$167M

Previous: -$222M+24.7%
Net Income

$89.3M

Previous: $120M-25.4%
Operating Income

$152M

Previous: $201M-24.5%

Revenue & EPS history

United Parks & Resorts · Revenue · Quarterly

$512M

Q3 2025-6.2%vs Q3 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

United Parks & Resorts · $548M total across 2 segments · Q3 2023

  • Admissions
    $300M
  • Food, merchandise & other
    $248M

Forward guidance

Management discusses volume, pricing, capital returns, and segment outlook for upcoming quarters in the 10-Q MD&A.

Tailwinds

  • Operational metrics and demand trends cited versus prior year.
  • Balance sheet and cash flow support ongoing investment or returns.

Headwinds

  • Commodity, labor, or rate sensitivity may affect margins quarter to quarter.
  • One-time items can distort GAAP earnings comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.3%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+3.7%

Avg return

30 days after

48%

27 / 56 earnings

Positive

+21.1%

Q2 2018

Best reaction

-36.1%

Q2 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%-8.0%+12.2%
Q4 2025+6.2%+1.5%-12.0%
Q3 2025-24.2%-25.7%-23.1%
Q1 2025+3.8%+4.3%-10.0%
Q4 2024-3.2%-7.0%-15.2%
Q3 2024-0.1%+0.0%+5.2%
Q2 2024+0.7%+1.2%+11.5%
Q1 2024+9.2%+9.5%+2.9%
Q4 2023+5.2%+9.8%+15.2%
Q3 2023-3.1%-0.5%+9.9%
Q2 2023-5.9%-5.3%-11.1%
Q1 2023+4.5%+1.5%+2.7%
Q4 2022+1.6%+4.1%-7.7%
Q3 2022-1.3%+0.3%-6.9%
Q2 2022+7.5%+7.8%+4.7%
Q1 2022-9.6%-16.3%-19.7%
Q4 2021+7.1%-1.4%+8.7%
Q3 2021-6.0%-7.7%-6.7%
Q2 2021+19.6%+16.0%+8.9%
Q1 2021+0.9%-0.5%+5.2%
Q4 2020+20.1%+17.0%+22.7%
Q3 2020+1.9%+16.5%+27.7%
Q2 2020+7.2%+12.4%+27.6%
Q1 2020-5.4%-17.2%+30.8%
Q4 2019-7.0%-11.1%-54.1%
Q3 2019+13.5%+14.0%+14.9%
Q2 2019+2.9%+12.9%-1.0%
Q1 2019+3.8%+4.1%+17.5%
Q4 2018+6.6%+7.7%+1.8%
Q3 2018-3.1%-5.9%+5.6%
Q2 2018+21.1%+18.3%+42.2%
Q1 2018+5.6%+7.8%+28.6%
Q4 2017-7.1%-6.9%-5.8%
Q3 2017+8.8%+8.6%+15.2%
Q2 2017-6.1%-6.2%-9.3%
Q1 2017+8.7%+4.9%-5.1%
Q4 2016+0.6%-3.1%-9.9%
Q3 2016+15.1%+19.3%+30.5%
Q2 2016-11.0%-12.5%-11.3%
Q1 2016-5.1%
Q4 2015-10.3%
Q3 2015-7.1%
Q2 2015+3.8%
Q1 2015-2.6%
Q4 2014-7.9%
Q3 2014-8.5%
Q2 2014-36.1%
Q1 2014-0.8%
Q4 2011-2.5%
Q4 2013+0.6%
Q3 2012-4.0%
Q3 2013-3.9%
Q2 2012-7.8%
Q2 2013-4.2%
Q1 2012+0.7%
Q1 2013-1.7%
Q4 2012

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