AI brief of an SEC Form 8-K · United Parks & Resorts (PRKS)

United Parks Q1 revenue falls 3.0% to $278.3 million; net loss widens to $34.1 million

Negative Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyUnited Parks & Resorts (PRKS)
Form8-K, current report
Filed with the SECMay 11, 2026, 7:10 AM ET
Accession number0001193125-26-215684

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.