United Parks & Resorts Inc. (PRKS) financial statements: income statement, balance sheet and cash flow

United Parks & Resorts Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), United Parks & Resorts Inc. reported revenue of $1.7B (-3.6% year on year) and net income of $168.4M (-26.0% year on year).

Income statement

United Parks & Resorts Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Total revenues	$1.7B	$1.7B	$1.7B	$1.7B
Cost of food, merchandise and other revenues	$127.6M	$131.4M	$131.7M	$135.2M
Operating expenses (exclusive of depreciation and amortization shown separately below)	$765.9M	$749.7M	$758.9M	$735.7M
Selling, general and administrative expenses	$227.7M	$216.9M	$221.2M	$200.1M
Severance and other separation costs	$1.5M	$577.0K	$816.0K	$108.0K
Depreciation and amortization	$174.5M	$163.4M	$154.2M	$152.6M
Total costs and expenses	$1.3B	$1.3B	$1.3B	$1.2B
Operating income	$365.4M	$463.3M	$459.8M	$507.5M
Other expense (income), net	$4.8M	$64.0K	($18.0K)	($43.0K)
Interest expense	$134.1M	$167.8M	$146.7M	$117.5M
Income before income taxes	$226.5M	$291.5M	$313.1M	$390.1M
Provision for income taxes	$58.2M	$64.0M	$78.9M	$98.9M
Net income	$168.4M	$227.5M	$234.2M	$291.2M
Earnings per share, basic	$3.09	$3.82	$3.66	$4.18
Earnings per share, diluted	$3.06	$3.79	$3.63	$4.14
Basic	54.6M	59.5M	64.0M	69.6M
Diluted	55.0M	60.0M	64.5M	70.3M

United Parks & Resorts Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Total revenues	$483.3M	$278.3M	$511.9M	$490.2M
Cost of food, merchandise and other revenues	$38.1M	$21.6M	$39.9M	$37.2M
Operating expenses (exclusive of depreciation and amortization shown separately below)	$215.7M	$171.2M	$214.4M	$204.8M
Selling, general and administrative expenses	$66.6M	$48.1M	$60.7M	$64.4M
Severance and other separation costs	$45.0K	$763.0K	$490.0K	$408.0K
Depreciation and amortization	$45.8M	$45.1M	$44.7M	$43.0M
Total costs and expenses	$366.2M	$286.8M	$360.2M	$349.7M
Operating income	$117.1M	($8.5M)	$151.7M	$140.5M
Other expense (income), net	$17.0K	($234.0K)	($179.0K)	$216.0K
Interest expense	$32.4M	$31.7M	$33.5M	$34.0M
Income before income taxes	$84.7M	($40.0M)	$118.3M	$106.3M
Provision for income taxes	$21.4M	($5.9M)	$29.0M	$26.2M
Net income	$63.3M	($34.1M)	$89.3M	$80.1M
Earnings per share, basic	$1.36	-$0.69	$1.62	$1.46
Earnings per share, diluted	$1.34	-$0.69	$1.61	$1.45
Basic	46.7M	49.4M	55.0M	55.0M
Diluted	47.2M	49.4M	55.5M	55.4M

Balance sheet

United Parks & Resorts Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$99.8M	$115.9M	$246.9M	$79.2M
Accounts receivable, net	$77.3M	$79.4M	$73.8M	$71.0M
Inventories	$51.6M	$45.8M	$49.2M	$55.2M
Prepaid expenses and other current assets	$54.1M	$29.2M	$20.2M	$28.3M
Total current assets	$282.8M	$270.4M	$390.2M	$233.7M
Property and equipment, at cost	$4.1B	$4.0B	$3.8B	$3.6B
Accumulated depreciation	($2.2B)	($2.1B)	($2.0B)	($1.9B)
Property and equipment, net	$1.9B	$1.9B	$1.8B	$1.7B
Goodwill	$66.3M	$66.3M	$66.3M	$66.3M
Trade names/trademarks, net	$157.8M	$157.8M	$157.8M	$157.0M
Right of use assets-operating leases	$125.4M	$129.9M	$127.4M	$130.5M
Deferred tax assets, net	$2.5M	$5.7M	$8.0M	$12.3M
Other assets, net	$64.2M	$56.2M	$33.5M	$19.3M
Total assets	$2.6B	$2.6B	$2.6B	$2.3B
Accounts payable and accrued expenses	$152.9M	$163.6M	$160.6M	$159.9M
Current maturities of long-term debt	$15.4M	$15.4M	$12.0M	$12.0M
Operating lease liabilities	$4.2M	$4.1M	$3.4M	$3.4M
Accrued salaries, wages and benefits	$27.0M	$22.7M	$21.2M	$17.4M
Deferred revenue	$143.3M	$152.7M	$155.6M	$169.5M
Other accrued liabilities	$41.8M	$54.5M	$58.1M	$46.9M
Total current liabilities	$384.7M	$412.9M	$410.9M	$409.2M
Long-term debt, net	$2.2B	$2.2B	$2.1B	$2.1B
Long-term operating lease liabilities	$110.9M	$115.1M	$112.7M	$115.4M
Deferred tax liabilities, net	$258.5M	$213.3M	$164.9M	$96.6M
Other liabilities	$80.2M	$65.1M	$51.5M	$43.2M
Total liabilities	$3.1B	$3.0B	$2.8B	$2.8B
Common stock, $0.01 par value-authorized, 1,000,000,000 shares; 97,330,004 and 97,080,628 shares issued at December 31, 2025 and 2024, respectively	973.0K	971.0K	967.0K	963.0K
Additional paid-in capital	$745.8M	$730.0M	$723.3M	$710.2M
Retained earnings	$805.9M	$637.6M	$410.1M	$175.9M
Treasury stock, at cost (46,236,087 and 42,055,289 shares at December 31, 2025 and 2024, respectively)	-2.0B	-1.8B	-1.3B	-1.3B
Total stockholders’ deficit	($435.8M)	($461.5M)	($208.2M)	($437.7M)
Total liabilities and stockholders’ deficit	$2.6B	$2.6B	$2.6B	$2.3B

United Parks & Resorts Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$19.1M	$28.9M	$183.2M	$193.9M
Accounts receivable, net	$100.3M	$91.2M	$85.1M	$94.0M
Inventories	$58.9M	$57.0M	$52.1M	$53.4M
Prepaid expenses and other current assets	$65.4M	$64.3M	$48.9M	$57.9M
Total current assets	$243.7M	$241.4M	$406.9M	$399.2M
Property and equipment, at cost	$4.3B	$4.2B	$4.1B	$4.1B
Accumulated depreciation	($2.3B)	($2.3B)	($2.2B)	($2.1B)
Property and equipment, net	$2.0B	$1.9B	$1.9B	$1.9B
Goodwill	$66.3M	$66.3M	$66.3M	$66.3M
Trade names/trademarks, net	$157.8M	$157.8M	$157.8M	$157.8M
Right of use assets-operating leases	$138.9M	$137.2M	$126.5M	$127.6M
Deferred tax assets, net	$5.7M	$3.2M	$10.6M	$7.2M
Other assets, net	$60.5M	$61.2M	$62.3M	$61.4M
Total assets	$2.6B	$2.6B	$2.7B	$2.7B
Accounts payable and accrued expenses	$194.6M	$170.7M	$139.3M	$169.4M
Current maturities of long-term debt	$15.4M	$15.4M	$15.4M	$15.4M
Operating lease liabilities	$3.3M	$3.3M	$4.2M	$4.2M
Accrued salaries, wages and benefits	$28.2M	$18.2M	$16.5M	$24.2M
Deferred revenue	$211.9M	$203.8M	$145.5M	$207.8M
Other accrued liabilities	$56.5M	$43.4M	$54.0M	$61.7M
Total current liabilities	$509.8M	$454.9M	$375.0M	$482.7M
Long-term debt, net	$2.3B	$2.2B	$2.2B	$2.2B
Long-term operating lease liabilities	$125.8M	$123.8M	$112.0M	$112.9M
Deferred tax liabilities, net	$274.0M	$253.0M	$263.6M	$234.3M
Other liabilities	$86.7M	$88.1M	$77.8M	$72.2M
Total liabilities	$3.3B	$3.2B	$3.0B	$3.1B
Common stock, $0.01 par value - authorized, 1,000,000,000 shares; 97,447,598 and 97,330,004 shares issued at June 30, 2026 and December 31, 2025, respectively	974.0K	974.0K	973.0K	972.0K
Additional paid-in capital	$755.1M	$751.1M	$741.7M	$737.3M
Retained earnings	$835.1M	$771.9M	$790.9M	$701.6M
Treasury stock, at cost (52,116,919 and 46,236,087 shares at June 30, 2026 and December 31, 2025)	-2.2B	-2.1B	-1.8B	-1.8B
Total stockholders’ deficit	($617.0M)	($557.2M)	($308.7M)	($394.9M)
Total liabilities and stockholders’ deficit	$2.6B	$2.6B	$2.7B	$2.7B

Cash flow statement

United Parks & Resorts Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$168.4M	$227.5M	$234.2M	$291.2M
Depreciation and amortization	$174.5M	$163.4M	$154.2M	$152.6M
Amortization of debt issuance costs and discounts	$4.4M	$5.0M	$6.1M	$6.2M
Deferred income tax provision	$49.1M	$50.7M	$72.6M	$95.5M
Equity-based compensation	$17.2M	$13.7M	$17.0M	$18.2M
Other including loss on impairment or disposal of assets, net	$31.3M	$33.8M	$30.5M	$15.3M
Accounts receivable	$5.0M	($10.9M)	($4.5M)	$10.3M
Inventories	($8.6M)	$2.6M	$5.4M	($27.1M)
Prepaid expenses and other current assets	($23.6M)	($7.7M)	$9.4M	($7.0M)
Accounts payable and accrued expenses	($9.3M)	$13.2M	($8.9M)	$7.8M
Accrued salaries, wages and benefits	$4.4M	$1.5M	$3.8M	($4.7M)
Deferred revenue	($13.7M)	$475.0K	($14.0M)	$329.0K
Other accrued liabilities	($15.7M)	($15.3M)	$5.6M	$2.0M
Right-of-use assets and operating lease liabilities	$412.0K	$596.0K	$439.0K	$580.0K
Other assets and liabilities	($3.5M)	($3.9M)	($7.1M)	$3.4M
Net cash provided by operating activities	$380.1M	$480.1M	$504.9M	$564.6M
Capital expenditures	($217.5M)	($248.4M)	($304.8M)	($200.7M)
Net cash used in investing activities	($217.5M)	($248.5M)	($305.6M)	($200.7M)
Repayments of long-term debt	($15.4M)	($242.1M)	($12.0M)	($12.0M)
Purchase of treasury stock, including related excise tax paid	($160.4M)	($482.9M)	($17.9M)	($693.6M)
Payment of tax withholdings on equity-based compensation through shares withheld	-2.5M	-8.8M	-6.9M	-22.5M
Exercise of stock options	$1.1M	$1.8M	$2.9M	$3.0M
Other financing activities	($1.5M)	($1.2M)	($927.0K)	($484.0K)
Net cash used in financing activities	($178.7M)	($362.7M)	($34.7M)	($726.0M)
Change in Cash and Cash Equivalents, including Restricted Cash	($16.1M)	($131.0M)	$164.6M	($362.2M)
Cash and Cash Equivalents, including Restricted Cash—Beginning of year	$115.9M	$246.9M	$82.3M	$444.5M
Cash and Cash Equivalents, including Restricted Cash—End of year	$99.8M	$115.9M	$246.9M	$82.3M
Capital expenditures in accounts payable and accrued expenses	$41.4M	$40.6M	$50.6M	$40.7M
Excise tax accrued on treasury stock repurchases	$1.5M	—	—	—
Treasury stock purchases not yet settled in other accrued liabilities	$1.2M	—	—	—
Treasury stock purchases not yet settled in accounts payable and accrued expenses	$1.2M	—	—	—

United Parks & Resorts Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$29.2M	($34.1M)	$153.3M	$64.0M
Depreciation and amortization	$90.9M	$45.1M	$129.4M	$84.7M
Amortization of debt issuance costs and discounts	$2.2M	$1.1M	$3.3M	$2.2M
Deferred income tax provision	$12.3M	($6.2M)	$45.5M	$19.4M
Equity-based compensation	$10.2M	$5.3M	$12.3M	$8.1M
Other, including loss on sale or disposal of assets, net	$13.2M	$5.6M	$21.2M	$13.0M
Accounts receivable	($24.4M)	($12.2M)	($6.3M)	($17.9M)
Inventories	($7.2M)	($5.4M)	($6.7M)	($7.7M)
Prepaid expenses and other current assets	($9.6M)	($8.8M)	($18.4M)	($24.0M)
Accounts payable and accrued expenses	$30.7M	$17.8M	($13.0M)	$6.4M
Accrued salaries, wages and benefits	$1.2M	($8.8M)	($6.1M)	$1.6M
Deferred revenue	$75.3M	$63.4M	($6.4M)	$58.0M
Other accrued liabilities	$10.3M	$1.7M	($2.8M)	$1.6M
Right of use assets and operating lease liabilities	$473.0K	$207.0K	$314.0K	$209.0K
Other assets and liabilities	$2.1M	$2.1M	($3.9M)	($2.7M)
Net cash provided by operating activities	$236.8M	$66.8M	$301.7M	$206.9M
Capital expenditures	($138.2M)	($69.6M)	($167.2M)	($110.5M)
Net cash used in investing activities	($138.2M)	($69.6M)	($167.2M)	($110.5M)
Repayments of long-term debt	($7.7M)	($3.9M)	($11.6M)	($7.7M)
Proceeds from draws on revolving credit facility	$150.0M	$80.0M	—	—
Repayments of revolving credit facility	($100.0M)	($50.0M)	—	—
Purchase of treasury stock	($220.3M)	($93.8M)	($16.3M)	($9.2M)
Payment of tax withholdings on equity-based compensation through shares withheld	-1.1M	-306.0K	-1.7M	-1.2M
Exercise of stock options	$297.0K	$286.0K	$1.1M	$395.0K
Other financing activities	($497.0K)	($277.0K)	($1.1M)	($730.0K)
Net cash used in financing activities	($179.3M)	($68.0M)	($29.6M)	($18.4M)
Change in Cash and Cash Equivalents	($80.7M)	($70.8M)	$104.9M	$78.0M
Cash and Cash Equivalents - Beginning of period	$99.8M	$99.8M	$115.9M	$115.9M
Cash and Cash Equivalents--End of period	$19.1M	—	—	$193.9M
Capital expenditures in accounts payable	$50.0M	$41.2M	$32.9M	$44.4M
Excise tax accrued on treasury stock repurchases	$2.1M	—	—	—
Right of use assets obtained in exchange for new operating lease liabilities	$15.8M	$13.0M	$25.0K	—
Cash paid for income taxes, net	$4.2M	—	$15.4M	$14.7M

United Parks & Resorts Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.