Six Flags Entertainment Corporation has announced its financial and operational results for the second quarter of 2026, highlighting a strong performance across its portfolio of theme parks and waterparks.
The results demonstrate clear positive progress following recent strategic portfolio adjustments, including the divestiture of seven non-core parks and the closure of another.
When looking at the company's ongoing core operations on a same-park basis, Six Flags delivered solid growth across key operating metrics. Attendance across the core portfolio increased by 4% to reach 13.1 million visits for the quarter, up from 12.7 million during the same period last year. This attendance growth was primarily fueled by a 10% increase in season pass visits, alongside strong guest spending on food, beverages, and extra-charge attractions.
Overall revenues for the ongoing park portfolio rose by 2.4% to $864 million, compared to $844 million in the second quarter of 2025. This top-line revenue expansion was achieved despite having 44 fewer operating days across the portfolio and an earlier spring break calendar shift into the first quarter. Adjusted EBITDA for the core operating portfolio saw a 7% increase to $249 million, reflecting effective cost management alongside revenue growth.
Commercial Strategy and Season Passholder Growth
A central driver of the quarter’s performance was the expansion of the company’s passholder and member network. The total active pass base for Six Flags' ongoing operating portfolio grew by 6% compared to the prior year. Season-to-date pass sales grew by 7%, supported by a commercial strategy focused on tiered pass products, expanded regional access options, and flexible membership offerings.
During June 2026, Six Flags expanded its recurring membership model to six additional parks, providing guests with lower upfront commitments while securing long-term recurring revenue for the business. Guests also showed a growing preference for higher-tier pass options, helping to offset minor dips in per-visit gate pricing caused by expanded pass usage and cross-park visits.
President and CEO John Reilly emphasized that focusing management resources on higher-potential parks is delivering positive operational momentum.
"Our second quarter and first-half results reflect meaningful progress advancing the strategic priorities we established at the beginning of the year to strengthen the business," said Reilly. "Our more focused operating portfolio generated higher attendance, net revenues and Adjusted EBITDA, demonstrating that our portfolio actions and performance improvement initiatives are delivering improved financial results."
Reilly added: "With the divestiture of seven non-core parks complete, we are focusing our resources on parks with the highest returns. These actions are building a stronger operating company with greater long-term earnings potential."
Capital Investment and Operational Control
Park-level operating costs remained tightly controlled across the quarter despite the higher volume of guests. Operating expenses on a same-park basis increased by just $1 million, as targeted maintenance investments and modest utility increases were offset by efficiency gains in full-time staffing.
The company also introduced several major new thrill rides, attractions, and seasonal entertainment offerings across its locations during the second quarter. These additions are designed to enhance the guest experience, increase repeat visits, and maximize returns from the company's core asset base heading into the peak summer operational period.
