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PR Newswire·

United Parks & Resorts Inc. Reports Fourth Quarter and Fiscal 2025 Results

PRKS
  • United Parks & Resorts Inc. reported fourth quarter 2025 attendance of 4.8 million guests, a 2.6% decrease from the prior year period.
  • Fourth quarter total revenue was $373.5 million, down 2.8% year-over-year, while net income fell 46% to $15.1 million.
  • The fourth quarter net income decline included a one-time non-cash bad debt write-off of $7.6 million.
  • Fourth quarter Adjusted EBITDA was $115.2 million, a 20.3% decrease from the fourth quarter of 2024.
  • In-park per capita spending reached a record $35.89 in the fourth quarter, up 2.1%, offsetting a 2.2% decline in admission per capita.
  • Fiscal 2025 attendance totaled 21.2 million guests, a 1.8% decrease from 2024, with total revenue of $1.7 billion, down 3.6%.
  • Fiscal 2025 net income was $168.4 million, a 26.0% decrease from 2024, while Adjusted EBITDA dropped 13.6% to $605.1 million.
  • The company repurchased approximately 4.2 million shares for $157.0 million during fiscal 2025 & an additional 2.5 million shares for $90.1 million from January 2026 through February 24, 2026.
  • United Parks & Resorts assisted 825 wild animals in 2025, bringing the historical total of rescued animals to over 42,000.
  • CEO Marc Swanson cited negative international tourism trends, volatile weather, & suboptimal cost management as primary factors impacting 2025 results.
  • The company announced several new attractions for 2026, including SEAQuest at SeaWorld Orlando, Barracuda Strike at SeaWorld San Antonio, & Verbolten - Forbidden Turn at Busch Gardens Williamsburg.
  • New habitats & rides are scheduled for SeaWorld San Diego, Busch Gardens Tampa Bay, & other locations throughout the 2026 season.
  • The company reported that Discovery Cove advanced bookings are up in the high single digits & group booking revenue is pacing up over 50%.
  • United Parks & Resorts received multiple industry accolades in 2025, including USA Today's #3 Nation's Best Amusement Park for SeaWorld Orlando & World's Most Beautiful Theme Park for Busch Gardens Williamsburg.
  • A conference call to discuss these results was held on February 26, 2026, at 9 a.m. Eastern Time.