Falcon’s Beyond generated $4.1 million in consolidated revenue in Q3 2025 while reporting a net loss of $10.4 million. The loss was primarily due to increased investment activity and a $3.0 million impairment related to its Karnival joint venture. Adjusted EBITDA loss widened to $7.7 million. However, the company improved liquidity through preferred stock issuance and a new line of credit.
Generated $4.1 million in consolidated revenue for Q3 2025
Reported net loss of $10.4 million, partly due to impairment and equity investment losses
Adjusted EBITDA loss increased to $7.7 million from $1.6 million year-over-year
Cash position improved to $4.3 million from $0.8 million at the end of 2024
Falcon’s Beyond expects to leverage improved liquidity and a robust pipeline to drive long-term growth, with a focus on attraction services and scaling FCG operations.