FBYD · NASDAQ · Conglomerates

Falcon's Beyond

Builds attraction designs, ride systems, and destinations under one integrated themed-entertainment platform.

$9.87
After-hours close−0.04 (−0.40%)
At close$9.91(−0.80%)
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Profile

Falcon's Beyond Global, Inc. Class A Common StockFBYDIndustrials

Runs three divisions — creative design and advisory services, proprietary ride-system manufacturing, and destination development — letting it design experiences for other operators and own them directly. Formed in 2021 from a merger of a design studio and a resort-attractions venture, it began trading on Nasdaq after a 2023 SPAC merger.

Operates under a design-own-operate model across three divisions. A creative and advisory arm handles destination strategy, attraction design, and intellectual-property development for other operators. A ride-systems arm designs and manufactures proprietary attraction hardware for theme parks and location-based venues. A destinations arm develops, owns, and operates entertainment venues.

Creative clients span major theme-park operators, resort brands, and new-build destinations in the Middle East. Owned destinations center on a joint venture with a global hotel operator in Mallorca, Spain, run under an asset-efficient approach favoring partner capital over heavy balance-sheet construction.

Formed in 2021 from the merger of a two-decade-old design studio and a European resort-attractions venture, the company reached public markets in 2023 through a SPAC merger. Founders retain significant influence through a dual-class share structure, and recent joint-venture wind-downs and licensing terminations have narrowed its destinations and brands portfolios.

Company facts

CEOCecil D. Magpuri
ListedOct 6, 2023
ExchangeNASDAQ
HeadquartersOrlando, FL
CountryUnited States
Employees207
CIK0001937987
ISINUS3061211047

Key statistics

Market cap$483.8M
EPS (ttm)−$0.1030
P/E (ttm)−95.83
ROE-6.6%
P/B32.33
P/S22.36
Dividend yield
Beta0.60vs XLI −0.27

Year to date −30.5% · Average volume (30d) 95.1K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
ReportedDue Nov 13, 2026

Revenue

Estimate
ReportedDue Nov 13, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 13, 2026Q2 FY26−$0.01$5.6M+2.40%
May 14, 2026Q1 FY26−$0.17$6.6M−6.72%
Mar 30, 2026Q4 FY25−$0.01$5.4M+18.09%
Nov 14, 2025Q3 FY25−$0.13$4.1M+1.02%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.7M$2.5M$4.1M$6.6M$5.4M$5.6M
Gross profit$1.6M$2.1M$2.6M$4.6M$3.3M$3.4M
Operating income−$4.8M−$4.6M−$3.7M−$1.9M−$4.6M−$4.3M
Net income−$3.7M$11.4M−$4.4M$154.0K$3.1M$304.0K
Diluted EPS−$0.29$0.31−$0.13−$0.01$0.05−$0.01
Gross margin93.8%83.1%65.3%69.5%61.4%60.3%
Operating margin-282.1%-182.4%-91.1%-29.5%-85.0%-75.9%

Fiscal years (4-quarter sums)FY21 $2.1M · FY22 $16.0M · FY23 $18.2M · FY24 $6.7M · FY25 $14.9M

Revenue by product · Q1 FY26

Service$3.7M · 68%
Product$1.7M · 32%

Revenue by geography · Q1 FY26

United States$4.2M · 78%
Asia$1.0M · 19%
United ARAB Emirates$116.0K · 2%
Europe$42.0K · 1%

Balance sheet, Jun 30, 2026Cash & short-term investments $3.1M · Total debt $18.6M · Total assets $63.6M · Shareholders' equity $15.1M

Dividends

No dividends on record.

Ownership

Institutions 5.30%2.60M sharesInsiders 2.23%1.09M sharesOther 92.47%45.32M shares

Shares outstanding 49.01M · Float 16.22M · 33.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Katmandu Ventures, LLC · 10 percent owner28.72M58.59%Form 4Dec 22, 2025
Jill K. Markey15.73M24.25%13DJan 30, 2026
Infinite Acquisitions Partners LLC15.31M31.28%13DMay 8, 2026
BlackRock, Inc.993.9K2.03%13FMay 13, 2026
Iraida Que de Vera · director691.6K1.41%Form 4Feb 17, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 4, 2026Infinite Acquisitions Partners LLC10 percent owner−1,392,290$5.00
Apr 14, 2026Infinite Acquisitions Partners LLC10 percent owner−3,950,000$0.0001
Mar 9, 2026Infinite Acquisitions Partners LLC10 percent owner−2,350,068$0.0001
Sep 8, 2025Infinite Acquisitions Partners LLC10 percent owner+4,092,326$5.00
Sep 5, 2025Yvette Whittakerofficer: Chief Corporate Officer−300$6.55
View details

Peers

  • Walt Disney

    In-house Imagineering designs attractions; Disney resorts rival destinations.

  • Comcast

    Universal Creative designs attractions; Universal parks rival destinations.

  • United Parks & Resorts

    Operates SeaWorld, Busch Gardens, and Aquatica destination theme parks.

  • Six Flags Entertainment

    Largest North American regional amusement-park and on-site resort operator.

CompareAfter-hours close

CompanyPriceChange
Falcon's Beyond$9.87−0.40%$483.8M22.4+120.4%
Walt Disney$108.09−0.01%$187.72B22.314.61.9+7.1%
Comcast$27.08+0.09%$96.03B8.87.70.8−1.2%
United Parks & Resorts$42.49−0.02%$2.00B17.111.51.2−1.4%
Six Flags Entertainment$16.39+0.99%$1.66B0.6−7.0%
Median17.111.51.0−1.3%