Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) reported a net loss of $0.3 million, or -$0.01 per share, for the fourth quarter on Tuesday. The entertainment and technology group generated $6.6 million in consolidated revenue, up sharply from $1.4 million a year earlier, largely reflecting contributions from its newly established Falcon’s Attractions segment.
The company’s shares gained 0.34% in pre-market trading following the release of the results.
Falcon’s Creative Group, the company’s unconsolidated subsidiary, delivered $14.4 million in revenue during the fourth quarter, marking a 53.5% increase compared with the same period in 2024.
The unit posted operating income of $3.7 million and net income of $3.9 million for the quarter. After accounting for preferred returns and amortization, Falcon’s Beyond recorded $2.1 million as its share of Falcon’s Creative Group’s net income.
For the full year 2025, Falcon’s Beyond generated $14.9 million in consolidated revenue, compared with $6.7 million in 2024.
The company reported net income of $6.3 million for the year, mainly driven by its share of a $60.0 million gain related to the sale of its PDP joint venture’s property in Tenerife. Falcon’s Beyond’s portion of PDP’s net income totaled $27.1 million, which included a $5.3 million impairment charge.
Adjusted EBITDA for the fourth quarter came in at $0.2 million, compared with an adjusted EBITDA loss of $12.0 million in the same period a year earlier. For the full year, the company reported an adjusted EBITDA loss of $17.3 million.
“In 2025, we successfully expanded our physical attractions business, strengthened our balance sheet, divested of non-core assets, and redirected capital resources toward our highest-growth divisions,” said Cecil D. Magpuri, Chief Executive Officer.