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Falcon's Beyond Global FBYD Destination Operations — Operating Income

Other segment segments

Falcons Attractions
-$1.16M+7.7%
Falcons Creative Group
$750K+130%
PDP
-$423K-189%
Other
-$162K-5.9%

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Other financials

Income statement

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Revenue$5.4M+215%
Operating income$6.5M+202%
Net income$3.1M+185%
EPS (diluted)$0.05+138%

Balance sheet

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Cash & equivalents$1.2M+6.1%
Total debt$10.5M-73.2%
Total equity$14.9M+229%
Total assets$62.4M+9.9%

Cash flow

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Operating cash flow-$2.8M-391%
CapEx$12.0K-87.0%
Free cash flow-$2.8M-424%

Valuation

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Market cap$481.79M+112%
Enterprise value$491.09M+103%
P/E27.1×+23.4×
P/S26×-3.6×

Profitability

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Operating margin-3.1%-1.6pp
Net margin95.7%-534pp
FCF margin-152.8%+77.2pp

Returns & leverage

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Return on equity-36.2%
Debt / equity0.7×
Current ratio0.4×+0.4×

Where this comes from

Reported directly by Falcon's Beyond Global in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Falcon's Beyond Global’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-224203
Line itemFalcon’s / Creative GroupFalcon's Beyond Destinations / Destinations OperationsFalcon's Beyond Destinations / PDPFalcon's Beyond Brands / Falcon's AttractionsFalcon's Beyond Brands / OtherSegment Total
Revenue corporate unallocated1,936
Revenue FCG(13,025)
Total consolidated revenue5,376
Project design and build expense(8,626)(944)(1)
Cost of product sales(1,129)
Selling, general and administrative(3,649)(267)(2,529)(161)
Share of gain (loss) from equity method investments25(423)
Segment income (loss) from operations$750$(242)$(423)$(1,162)$(162)$(1,239)

Item 1. Financial Statements.

FAQ

What is Falcon's Beyond Global's destination operations — operating income?
Falcon's Beyond Global (FBYD) reported destination operations — operating income of -$242K in Q1 2026.
What does destination operations — operating income mean?
This metric measures the core profitability of the destination operations segment by subtracting operating expenses from total segment revenue. It indicates the segment's ability to generate sustainable earnings from its theme park and resort activities before accounting for interest, taxes, or non-operating items. This is a key performance indicator for the underlying health and operational viability of the company's physical entertainment portfolio.

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