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United Parks & Resorts Q4 2025 Financial Performance

United Parks & Resorts Inc. (NYSE: PRKS) has reported its financial results for the fourth quarter and fiscal year 2025, showing a mixed performance compared to the previous periods.

In the fourth quarter of 2025, the company hosted approximately 4.8 million guests, a decrease of approximately 2.6% from the fourth quarter of 2024. Total revenue was $373.5 million, a decrease of 2.8% from the fourth quarter of 2024. Net income was $15.1 million, a decrease of 46% from the fourth quarter of 2024. Adjusted EBITDA was $115.2 million, a decrease of 20.3% from the fourth quarter of 2024. Total revenue per capita decreased by 0.2% to $78.56 from the fourth quarter of 2024, with admission per capita decreasing by 2.2% and in-park per capita spending increasing by 2.1%.

For fiscal 2025, the company hosted approximately 21.2 million guests, a decrease of approximately 1.8% from fiscal 2024. Total revenue was $1.7 billion, a decrease of 3.6% from fiscal 2024. Net income was $168.4 million, a decrease of 26.0% from fiscal 2024. Adjusted EBITDA was $605.1 million, a decrease of 13.6% from fiscal 2024. Total revenue per capita decreased by 1.9% to $78.54 from fiscal 2024, with admission per capita decreasing by 4.3% and in-park per capita spending increasing by 1.0%.

The company also repurchased approximately 4.2 million shares of common stock for approximately $157.0 million during fiscal 2025 and an additional 2.5 million shares for an aggregate total of approximately $90.1 million from the beginning of the first quarter of 2026 through February 24, 2026.

In the fourth quarter of 2025, the company came to the aid of 178 animals in need in the wild, bringing the total number of animals the company has helped over its history to more than 42,000.

Looking ahead to 2026, advanced booking revenue for Discovery Cove is up high single digits, and company-wide group booking revenue is pacing up over 50%. The company plans to deliver new rides, shows, and attractions, an updated events calendar, an expanded concert lineup, new and upgraded food and retail locations, a revamped and enhanced marketing plan and strategy, and other investments to drive attendance and guest spending across its parks.

The company received numerous industry accolades in 2025, and for 2026, it has an outstanding line-up of new rides and attractions, popular events, and new and improved in-park venues and offerings across its parks.

The financial results were discussed in a conference call held on February 26, 2026, and the full details are available on the company's website.

*Note: The above information is derived directly from the provided press release and is based on the data and figures provided within it. The market has reacted to these announcements by moving the company's shares -0.6% to a price of $37.86. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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