United Parks & Resorts Inc. (PRKS) Earnings Call Transcripts

United Parks & Resorts Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, United Parks & Resorts Inc. reported total revenue of $278.3 million, a decrease of $8.7 million year-over-year, primarily due to unfavorable weather and a decline in international attendance. The company experienced a net loss of $34.1 million, compared to a loss of $16.1 million in the same quarter last year. Management signaled confidence in future growth, citing strong advance bookings and a robust lineup of new attractions, while maintaining their guidance for revenue and adjusted EBITDA growth for the fiscal year 2026.

Reported metrics

Guidance from management

Management maintained their guidance for revenue and adjusted EBITDA growth for 2026, supported by a strong lineup of new attractions and improved advance bookings.

What management said

Yes, I can help you. I mean it's still, I think, a fairly small amount in the quarter. Some of the deals that we signed have been more recent, so you would see those more on a go-forward basis. So I won't call it a huge contributor at all to Q1. But we're excited about the go forward there, obviously.

Yes. So as I mentioned, the consulting costs might be related either to some areas we've got on procurement, where we continue to try to ensure we are minimizing costs and doing strategic sourcing or having others who might have helped us in the implementation of that ERP system or addressing our impacts from the cold weather.

What analysts pressed on

Analysts expressed concerns over the company's ability to achieve EBITDA growth given the disappointing first quarter results and ongoing international visitation challenges. There were questions about the impact of weather and how it might affect attendance moving forward.

Main topics on the call

• Revenue Decline — Total revenue decreased by $8.7 million year-over-year to $278.3 million, attributed to a decline in attendance due to unfavorable weather and reduced international visitation. Management noted, "Attendance in the first ...
• In-Park Spending Growth — In-park per capita spending increased by 5.3% to a record $40.62, indicating strong demand for in-park offerings. Management stated, "We delivered another strong quarter of in-park execution, growing our in-park per capi...
• Stock Repurchase Program — The company repurchased 2.6 million shares for approximately $92.7 million in Q1, emphasizing confidence in its valuation. Management remarked, "We continue to repurchase shares... this action emphasizes the strong cash ...
• Future Guidance — Management maintained their guidance for revenue and adjusted EBITDA growth for 2026, citing a strong lineup of new attractions and improved advance bookings. They expressed confidence that "the bulk, the vast majority o...

Read the full United Parks & Resorts Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 United Parks & Resorts Inc. earnings call transcripts on record, spanning February 26, 2020 to August 4, 2026. Based on this history, United Parks & Resorts Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PRKS

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

27

First call

February 26, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly