Every material Form 8-K United Parks & Resorts has filed with the SEC since November 07, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
United Parks & Resorts reported third-quarter 2026 results, with total revenue of $506.5 million, down 1.1%, and net income of $80.0 million, down 10.5% from the third quarter of 2025. Attendance fell 4.7% to 6.5 million guests, which the company attributed to weather, calendar effects, lower international visitation and a planned reduction in promotional admissions. Diluted earnings per share rose to $1.74 from $1.61, and the filing contains no updated financial guidance.
Q3 2026 total revenue was $506.5 million, down $5.4 million or 1.1% from Q3 2025.
Q3 2026 net income was $80.0 million, down 10.5%, while diluted EPS rose to $1.74 from $1.61.
Q3 2026 attendance was 6.5 million guests, down 4.7%, while total revenue per capita rose 3.8% to $78.29.
First nine months 2026 net income was $109.2 million, down 28.8%, and Adjusted EBITDA was $458.6 million, down 6.4%.
United Parks & Resorts named Kyle Miller, its Chief Parks Operations Officer, as President effective September 22, 2026, with CEO Marc Swanson remaining in his role. The company also amended its bylaws to allow the CEO and President roles to be held by separate people, and Chief Commercial Officer Christopher Finazzo said he will resign effective September 25, 2026.
Kyle Miller, 49, appointed President effective September 22, 2026; he has been Chief Parks Operations Officer since January 2023 and joined the company in 1995
Miller's pay includes a $400,000 base salary, a bonus target of 150% of salary, and a long-term incentive target of 300% of salary
Bylaws amended effective September 22, 2026 to allow separate CEO and President roles
Christopher Finazzo notified the company on September 19, 2026 of his resignation as Chief Commercial Officer, effective September 25, 2026
United Parks & Resorts reported second quarter 2026 results, with total revenue of $483.3 million, down 1.4% from a year earlier, and net income of $63.3 million, down 21.0%. Attendance fell 2.9% to 6.1 million guests, which the company attributed mainly to the Easter timing shift and lower international visitation, while in-park per capita spending rose 5.1% to a record $39.51. Lower earnings reduce the profit available to shareholders, though the company repurchased about $125 million of its shares in the quarter.
Net income was $63.3 million, down 21.0%; diluted EPS was $1.34 versus $1.45 a year earlier.
Adjusted EBITDA was $195.5 million, down 5.2%, as revenue fell and operating expenses rose.
Attendance was 6.1 million guests, down 2.9%; total revenue per capita rose 1.5% to $79.82.
The company repurchased about 3.3 million shares for about $125 million in the second quarter and about $217.7 million in the first half.
United Parks & Resorts reported first quarter 2026 results with total revenue down 3.0% to $278.3 million and a net loss of $34.1 million, compared with a $16.1 million loss a year earlier. Management attributed the weaker attendance, down 5.0%, mainly to unfavorable weather and lower international visitation, while Adjusted EBITDA fell 14.1% to $58.0 million. For shareholders, the headline revenue, profit and EBITDA measures all declined, and the company repurchased about $92.7 million of stock in the quarter.
Total revenue was $278.3 million, down from $286.9 million, with attendance of 3.22 million guests, down 5.0%.
Net loss was $34.1 million, or $0.69 per diluted share, versus a net loss of $16.1 million, or $0.29 per share, in the prior-year quarter.
Adjusted EBITDA was $58.0 million, down 14.1% from $67.4 million; total revenue per capita rose 2.1% to $86.43.
The company repurchased about 2.6 million shares for $92.7 million in the quarter and a further 1.8 million shares for $64.8 million through May 8, 2026.
United Parks & Resorts reported fourth-quarter 2025 revenue of $373.5 million, down 2.8%, and net income of $15.1 million, down 46%, which included a one-time non-cash bad debt write-off of $7.6 million. For fiscal 2025, revenue was $1.7 billion, down 3.6%, and net income was $168.4 million, down 26.0%. CEO Marc Swanson said results did not meet expectations and pointed to cost management and 2026 attendance initiatives.
Q4 2025 attendance was 4.8 million guests, down 2.6%, while in-park per capita spending rose 2.1% to a record $35.89.
Q4 2025 diluted EPS was $0.28 versus $0.50 a year earlier; adjusted EBITDA was $115.2 million, down 20.3%.
Fiscal 2025 diluted EPS was $3.06 versus $3.79; adjusted EBITDA was $605.1 million, down 13.6%.
The company repurchased about 6.7 million shares in 2025 and through February 24, 2026, about 12% of shares outstanding.
United Parks & Resorts disclosed that Byron Surrett transitioned from his role as Chief Park Operations Officer – Non-Florida Parks to another role at the company, effective January 1, 2026. The filing does not name his new position or describe compensation changes, so the scope of the change is unclear from this document alone.
Byron Surrett transitioned out of the role of Chief Park Operations Officer – Non-Florida Parks as of January 1, 2026.
The filing does not identify Surrett's new role at the company.
The 8-K was signed January 6, 2026 by Daniel J. Bollinger, Associate General Counsel and Assistant Corporate Secretary.
United Parks & Resorts' Compensation Committee approved a grant of restricted stock units worth $4 million (grant date fair value) to CEO Marc Swanson on December 15, 2025. The awards vest in tranches from December 31, 2025 through December 31, 2029, and are conditional on him remaining CEO on each vesting date.
Grant date fair value totals $4,000,000, approved December 15, 2025 under the 2025 Omnibus Incentive Plan
Tranches vest on December 31, 2025 ($500,000), June 30, 2026 ($250,000), December 31, 2026 ($250,000), and $1,000,000 each on December 31 of 2027, 2028 and 2029
Vesting requires Mr. Swanson to continue as Chief Executive Officer on each vesting date
United Parks & Resorts reported third-quarter 2025 results with total revenue of $511.9 million, down 6.2%, net income of $89.3 million, down 25.4%, and diluted EPS of $1.61 versus $2.08 a year earlier. The company attributed the decline to an unfavorable calendar shift, poor weather during peak holidays, and lower international visitation, and said it has repurchased 635,020 shares for $32.2 million through November 4, 2025.
Q3 total revenue was $511.9 million, down $34.1 million or 6.2%; net income was $89.3 million, down $30.4 million or 25.4%; diluted EPS was $1.61 versus $2.08.
Adjusted EBITDA was $216.3 million, down 16.3%; attendance was 6.8 million guests, down 3.4%.
Through November 4, 2025, the company repurchased 635,020 shares for about $32.2 million under stockholder-approved authority tied to a $500 million program.
CEO Marc Swanson said a decline of about 90,000 international guests and roughly 150,000 visits lost to calendar impacts weighed on attendance.
United Parks & Resorts said CFO and Treasurer James Mikolaichik will resign effective November 15, 2025, to pursue another opportunity, and that the departure is not due to any disagreement on financial statements, internal controls, operations, policies or practices. Senior Vice President, Finance James Forrester Jr. will serve as Interim CFO and Treasurer until a permanent successor is named, and the company has not yet set his compensation.
Mikolaichik informed the company of his resignation on October 22, 2025; it takes effect November 15, 2025
James (Jim) W. Forrester Jr., 57, named Interim CFO and Treasurer effective November 15, 2025
Forrester has been Senior Vice President, Finance since November 2024 and was Interim CFO from January 2023 to November 2024
Compensation changes for Forrester have not been determined; the company will file an amendment within four business days once they are
United Parks & Resorts appointed Kevin Connelly as Chief Accounting Officer effective August 18, 2025, replacing William Myers, who stepped down from the role on August 13, 2025 and stays on through August 31, 2025 to help with the transition. The change is administrative and the filing discloses no change to financial results or guidance.
Kevin Connelly, age 55, becomes Chief Accounting Officer effective August 18, 2025; he previously served as CFO and COO of Appreciation Homes, LLC from June 2019 to January 2025.
Connelly's offer letter sets a $260,000 annual base salary and a bonus target of 60% of base salary.
Connelly receives one-time equity grants of $250,000 in stock options and $250,000 in restricted stock units under the 2025 Omnibus Incentive Plan.
William Myers, the former Chief Accounting Officer, remains employed through August 31, 2025 and keeps his pay and equity vesting during that period.
United Parks & Resorts reported second-quarter 2025 total revenue of $490.2 million, down 1.5% from a year earlier, and net income of $80.1 million, down 12.1%, with diluted EPS of $1.45 versus $1.46. The company cited worse weather as a headwind, though attendance rose 0.8%. The board also voted to recommend a new $500 million share buyback, subject to approval by non-Hill Path shareholders.
Q2 total revenue $490.2 million, down $7.4 million or 1.5%; net income $80.1 million, down 12.1%; diluted EPS $1.45 vs. $1.46
Q2 Adjusted EBITDA $206.3 million, down 5.4% from $218.2 million; attendance 6.2 million guests, up 0.8%
First six months: total revenue $777.2 million, down 2.2%; net income $64.0 million, down 20.0%
Board recommends a $500 million share buyback; the company expects a stockholder vote within 30 days
United Parks & Resorts said its Chief Human Resources Officer, Michael Rady, notified the company on July 16, 2025 that he is resigning, effective August 1, 2025. The filing discloses no successor, replacement plan, or financial terms, so the change's effect on shareholders is not stated.
Michael Rady, Chief Human Resources Officer, resigns effective August 1, 2025
Notice of resignation given to the company on July 16, 2025
Filing reports no successor, severance, or compensation terms
United Parks & Resorts reported first quarter 2025 results, with total revenue of $286.9 million, down 3.5% from a year earlier, and a net loss of $16.1 million, compared with $11.2 million in the first quarter of 2024. The company attributed the weaker results mainly to the shift of Easter and Spring Break from the first quarter into the second, and CEO Marc Swanson said the company continues to expect new records in revenue and Adjusted EBITDA in 2025.
Total revenue was $286.9 million, down $10.5 million or 3.5%, and attendance was 3.4 million guests, down 1.7%.
Net loss was $16.1 million, or $0.29 per diluted share, compared with $11.2 million, or $0.17 per diluted share, a year earlier.
Adjusted EBITDA was $67.4 million, down $11.7 million or 14.8%; net cash from operating activities was $25.7 million, down from $71.4 million.
April 2025 attendance rose 8.1% compared with April 2024, and the company said it continues to expect new records in revenue and Adjusted EBITDA in 2025.
United Parks & Resorts reported fourth-quarter 2024 revenue of $384.4 million, down 1.2%, and net income of $27.9 million, down 30.3% from a year earlier. For fiscal 2024, revenue was $1,725.3 million (down 0.1%) and net income was $227.5 million (down 2.9%), while diluted earnings per share rose 4.4% to $3.79, helped by share repurchases of 9.4 million shares at a cost of about $482.9 million.
Q4 2024 attendance was 4.9 million guests, down about 79,000 from Q4 2023; the company estimates worse weather cost about 167,000 guests in the quarter.
Q4 2024 diluted EPS was $0.50, down from $0.62; Adjusted EBITDA was $144.5 million, down 4.0%.
Fiscal 2024 diluted EPS was $3.79, up from $3.63; Adjusted EBITDA was $700.2 million, down 1.9%.
In December 2024 the company refinanced about $1.5 billion in Term Loans, which it says will save about $8 million in annual interest.
United Parks & Resorts entered into Amendment No. 5 to its credit agreement on December 4, 2024, to issue about $1,542.3 million of new Term B-3 loans that refinance existing Term B-2 loans. The amendment also lowers the interest margins on its revolving credit facility, and the filing describes new loan terms that run to December 4, 2031.
New Term B-3 loans of approximately $1,542.3 million refinance existing Term B-2 loans.
Term loans bear interest at Adjusted Term SOFR plus 2.00% (0.50% floor) or ABR plus 1.00% (1.50% floor).
Revolving credit facility margins were reduced to Adjusted Term SOFR plus 1.75% or ABR plus 0.75%.
Term loans mature December 4, 2031, with quarterly amortization of 0.25% of original principal; a 1.00% prepayment premium applies to repricing events in the first six months.
United Parks & Resorts reported third-quarter 2024 results with total revenue of $545.9 million, down 0.4%, and net income of $119.7 million, down 3.1%. Diluted EPS rose 8.3% to $2.08, which the filing ties to share repurchases, and attendance fell 1.4% to 7.0 million guests amid a calendar shift and hurricanes Debby, Helene and Milton.
Q3 total revenue $545.9 million (down 0.4%); net income $119.7 million (down 3.1%); diluted EPS $2.08 (up 8.3%)
Adjusted EBITDA $258.4 million, down 3.0%; attendance 7.0 million guests, down 1.4%
Company repurchased 4.1 million shares for about $211.7 million in Q3; about $74.9 million remained under the program as of September 30, 2024
Revolving credit facility increased from $390 million to $700 million during the quarter
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