United Parks & Resorts Inc. (PRKS) SEC Filings & Earnings Calls
EquiReason read 19 United Parks & Resorts Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-09-22 — United Parks & Resorts appoints Kyle Miller as President; Christopher Finazzo resigns as Chief Commercial Officer..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.4B
- P/E TTM
- 10.7
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 5 Nov, in 12 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
7 Aug 202610-QQ2 2026 earnings showed a 1.4% revenue decline and 21.0% net income drop, with attendance falling 2.9%.earningsopen
Figures in the filing · each found in the filing text
| Attendance · Q2-2026 | 6,055,000 | -3% y/y |
| Total Revenue Per Capita · Q2-2026 | $79.82 | +2% y/y |
| Admission Per Capita · Q2-2026 | $40.31 | -2% y/y |
| In-Park Per Capita Spending · Q2-2026 | $39.51 | +5% y/y |
| Revenue · Q2-2026 | $483M | -1% y/y |
| Net Income · Q2-2026 | $63M | -21% y/y |
| Adjusted EBITDA · Q2-2026 | $195M | -5% y/y |
| Operating Cash Flow · H1-2026 | $237M | +15% y/y |
| Capital Expenditures · H1-2026 | $138M | +25% y/y |
Risks flagged
Attendance Decline
“Total attendance for the second quarter of 2026 decreased by 179 thousand guests, or 2.9%, compared to the same prior year quarter.” · word for word
Labor Market Challenges
“the current condition of the overall labor market and the challenging current operating environment have led to turnover and hiring challenges for some positions and/or markets which could impact operations and the guest experience.” · word for word
Weather Disruption
“The increase in operating expenses was primarily due to a $4.1 million increase in non-recurring third-party labor and consulting costs primarily related to damages from a historic winter freeze in our Florida parks.” · word for word
Union Activity
“Additionally, we have experienced increased union organizing activities in certain units of the Company.” · word for word
4 Aug 20268-K · 2.02Q2 2026 attendance -2.9% to 6.1M, revenue -1.4% to $483.3M, net income -21.0% to $63.3M, Adjusted EBITDA -5.2% to $195.5M. In-park per capita record +5.1% to $39.51. Share repurchases $125M in Q2. No formal guidance provided.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q2-2026 | $483M | -1% y/y |
| Net income · Q2-2026 | $63M | -21% y/y |
| Adjusted EBITDA · Q2-2026 | $196M | -5% y/y |
| Attendance · Q2-2026 | 6,100,000 | -3% y/y |
| Total revenue per capita · Q2-2026 | $79.82 | +2% y/y |
| Admission per capita · Q2-2026 | $40.31 | -2% y/y |
| In-park per capita spending · Q2-2026 | $39.51 | +5% y/y |
| Net earnings per share, diluted · Q2-2026 | $1.00 |
Risks flagged
Declining international visitation
“a continued decline in international visitation” · word for word
Attendance decline due to calendar shift and international headwinds
“Attendance decreased approximately 179,000 guests when compared to the second quarter of 2025. The decrease in attendance was primarily due to an unfavorable calendar shift including the timing of the Easter holiday and a decrease in international visitation” · word for word
Operating expense growth pressuring margins
“Adjusted EBITDA was negatively impacted by a decrease in total revenue and an increase in operating expenses” · word for word
13 May 2026SC 13D/AHill Path Capital filed an amendment to Schedule 13D for United Parks & Resorts, reflecting a change in percentage due to share count changes, with no new transactions or activist intent.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage (Hill Path Investment Holdings) · 2026-05-11 | 57.7% |
13 May 2026SC 13D/AHill Path Capital filed an amendment to Schedule 13D for United Parks & Resorts, reflecting a change in percentage due to share count changes, with no new transactions or activist intent.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage (Hill Path Investment Holdings) · 2026-05-11 | 57.7% |
11 May 20268-K · 2.02Attendance 3,200,000 (-5% y/y); Total revenue $278M (-3% y/y); Net loss $-34Mearningsopen
Figures in the filing · each found in the filing text
| Attendance · Q1-2026 | 3,200,000 | -5% y/y |
| Total revenue · Q1-2026 | $278M | -3% y/y |
| Net loss · Q1-2026 | $-34M | |
| Adjusted EBITDA · Q1-2026 | $58M | -14% y/y |
| Total revenue per capita · Q1-2026 | $86.43 | +2% y/y |
| Admission per capita · Q1-2026 | $45.81 | -1% y/y |
| In-park per capita spending · Q1-2026 | $40.62 | +5% y/y |
| Paid pass sales growth · Q1-2026 | 10.0% |
Risks flagged
Weather and international visitation headwinds may persist
“unfavorable weather in San Diego and Florida in January and February, and again in Florida and Texas during their peak Spring Break periods” · word for word
11 May 202610-QTotal revenues $278M (-3% y/y); Attendance 3,220,000 (-5% y/y); Total revenue per capita $86.43 (+2% y/y)open
Figures in the filing · each found in the filing text
| Total revenues · Q1-2026 | $278M | -3% y/y |
| Attendance · Q1-2026 | 3,220,000 | -5% y/y |
| Total revenue per capita · Q1-2026 | $86.43 | +2% y/y |
| Admission per capita · Q1-2026 | $45.81 | -1% y/y |
| In-park per capita spending · Q1-2026 | $40.62 | +5% y/y |
| Net loss · Q1-2026 | $-34M | -111% y/y |
| Adjusted EBITDA · Q1-2026 | $58M | -14% y/y |
| Capital expenditures · Q1-2026 | $70M | +22% y/y |
| Operating cash flow · Q1-2026 | $67M | +160% y/y |
Risks flagged
Labor market challenges
“the current condition of the overall labor market and the challenging current operating environment have led to turnover and hiring challenges for some positions and/or markets which could impact operations and the guest experience.” · word for word
Union organizing activity
“we have experienced increased union organizing activities in certain units of the Company.” · word for word
30 Apr 2026DEF 14ADEF 14A proxy statement filed for 2026 annual meeting; discloses 2025 financial results missed expectations, all long-term incentive metrics not achieved, and compensation decisions.open
Figures in the filing · each found in the filing text
| Total revenues · FY2025 | $1.66B | -4% y/y |
| Net income · FY2025 | $168M | -26% y/y |
| Adjusted EBITDA · FY2025 | $605M | -14% y/y |
| Attendance · FY2025 | 21.17 | -2% y/y |
| Total revenue per capita · FY2025 | $78.54 | -2% y/y |
| Admission per capita · FY2025 | $41.73 | -4% y/y |
| In-Park per capita spending · FY2025 | $36.81 | +1% y/y |
| Earnings per share, diluted · FY2025 | $3.06 | -19% y/y |
| Net cash provided by operating activities · FY2025 | $380M | -21% y/y |
Risks flagged
Negative international tourism trends and volatile weather impacting demand
“Our results were impacted by negative international tourism trends and volatile weather during certain peak visitation periods.” · word for word
Significant underperformance vs. long-term incentive targets
“The following table illustrates performance versus goals and amounts which vested based on 2023-2025 performance: ... Total 0.00%” · word for word
19 Dec 20258-K · 5.02RSU grant date fair value $4Mopen
Figures in the filing · each found in the filing text
| RSU grant date fair value · Q4-2025 | $4M |
7 Nov 202510-QPRKS reported Q3 2025 revenue down 6.2% YoY and net income down 25.4% YoY, with attendance and admission per capita declining.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q3-2025 | $512M | -6% y/y |
| Net income · Q3-2025 | $89M | -25% y/y |
| Attendance · Q3-2025 | 6,789,000 | -3% y/y |
| Total revenue per capita · Q3-2025 | $75.39 | -3% y/y |
| Admission per capita · Q3-2025 | $39.57 | -6% y/y |
| In-park per capita spending · Q3-2025 | $35.82 | +1% y/y |
| Adjusted EBITDA · Q3-2025 | $216M | -16% y/y |
| Operating cash flow · 9M-2025 | $302M | -18% y/y |
| Capital expenditures · 9M-2025 | $167M | -25% y/y |
Risks flagged
Labor cost pressure
“The increase in operating expenses was primarily due to an increase in labor-related costs” · word for word
Union organizing activity
“Additionally, we have experienced increased union organizing activities in certain units of the Company.” · word for word
Decreased international visitation
“The decrease in attendance was primarily due to an unfavorable calendar shift including the timing of the Fourth of July holiday and a decrease in international visitation compared to the prior year quarter.” · word for word
6 Nov 20258-K · 2.02Attendance 6,800,000 (-3% y/y); Total revenue $512M (-6% y/y); Net income $89M (-25% y/y)earningsopen
Figures in the filing · each found in the filing text
| Attendance · Q3-2025 | 6,800,000 | -3% y/y |
| Total revenue · Q3-2025 | $512M | -6% y/y |
| Net income · Q3-2025 | $89M | -25% y/y |
| Adjusted EBITDA · Q3-2025 | $216M | -16% y/y |
| Total revenue per capita · Q3-2025 | $75.39 | -3% y/y |
| Admission per capita · Q3-2025 | $39.57 | -6% y/y |
| In-park per capita spending · Q3-2025 | $35.82 | +1% y/y |
Risks flagged
Consumer demand inconsistency and international visitation decline pose near-term revenue risk
“The consumer environment in the U.S. appears to be inconsistent, as has been outlined by a number of other leisure and hospitality businesses. We saw a decline in international visitation of approximately 90,000 guests during the quarter.” · word for word
Calendar and weather disruptions are recurring operational risks
“Performance during the quarter was negatively impacted by an unfavorable calendar shift, poor weather during peak holiday periods.” · word for word
28 Oct 20258-K · 5.02Reported a director or officer change (departure, election, appointment or pay arrangement)open
Risks flagged
CFO departure creates temporary leadership gap; interim CFO has prior experience in role.
“CFO resigning effective Nov 15, 2025; interim CFO appointed with prior experience as interim CFO from Jan 2023 to Nov 2024.”
United Parks & Resorts Inc. — questions
- What did United Parks & Resorts Inc. file recently?
- 19 SEC filings in the last 12 months. Latest: 8-K on 2026-09-22 — United Parks & Resorts appoints Kyle Miller as President; Christopher Finazzo resigns as Chief Commercial Officer.
Every figure on this page comes from United Parks & Resorts Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.