Falcon's Beyond Global, Inc. operates as an entertainment company in the United States and internationally. It provides creative and advisory services including, destination strategy, master planning, experiential and attraction design, digital media, interactive software, IP development, and creative guardianship for entertainment and hospitality destinations. The company offers master planning, attraction design, experiential entertainment, content production, interactives, and software services, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales. In addition, it develops, owns, and operates resort hotels, theme parks, retail, dining, and entertainment venues. Further, the company designs, engineers, manufactures, and sells proprietary and customized ride systems, attraction hardware, and related technologies for theme parks, location based entertainment venues, and destination developments. Falcon's Beyond Global, Inc. is headquartered in Orlando, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $15M | $10M | $3M | $-25M | 14.2% | 120.8% | -84.6% |
| 2024 | $7M | $151M | $22M | $-13M | -109.8% | -63.0% | - |
| 2023 | $18M | $-429M | $-48M | $-24M | 9.7% | 14.4% | - |
| 2022 | $16M | $-16M | $-17M | $-20M | -25.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 15.95 | 18.24 | 6.75 | 14.90 |
| Cost Of Revenue | 11.34 | 10.15 | 0 | 3.95 |
| Gross Profit | 4.61 | 8.09 | 6.75 | 10.94 |
| Operating Expense | 21.95 | 36.85 | 22.61 | 26.04 |
| Operating Income | -17.34 | -28.76 | -15.86 | -15.10 |
| EBITDA | -15.58 | -428.56 | 151.39 | 10.04 |
| EBIT | -16.32 | -430.13 | 151.38 | 9.69 |
| Pretax Income | -17.43 | -431.25 | 149.48 | 6.31 |
| Tax Provision | 0 | -0.33 | 0 | 0 |
| Net Income | -17.43 | -47.60 | 22.06 | 3.39 |
| Net Income Common Stockholders | -17.43 | -47.60 | 22.06 | 2.35 |
| Total Expenses | 33.29 | 47 | 22.61 | 30 |
| Interest Expense | 1.11 | 1.12 | 1.90 | 3.38 |
| Interest Income | 0 | 0.10 | 0.01 | 0.01 |
| Research And Development | 2.77 | 1.25 | 0.18 | 0.20 |
| Selling General And Administration | 18.44 | 28.06 | 22.41 | 25.50 |
| Normalized EBITDA | -15.09 | -79.54 | -18.96 | 2.22 |
| Normalized Income | -16.94 | 301.06 | -148.29 | -4.43 |
| Basic EPS | -1.82 | -5.59 | 1.76 | 0 |
| Diluted EPS | -1.82 | -5.59 | 1.41 | 0 |
| Tax Effect Of Unusual Items | 0 | -0.35 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Total Unusual Items | -0.49 | -349.01 | 170.35 | 7.82 |
| Total Unusual Items Excluding Goodwill | -0.49 | -349.01 | 170.35 | 7.82 |
| Net Income From Continuing Operation Net Minority Interest | -17.43 | -47.60 | 22.06 | 3.39 |
| Reconciled Depreciation | 0.74 | 1.58 | 0.01 | 0.35 |
| Reconciled Cost Of Revenue | 11.34 | 10.15 | 0 | 3.95 |
| Net Interest Income | -1.11 | -1.03 | -1.89 | -3.37 |
| Net Income From Continuing And Discontinued Operation | -17.43 | -47.60 | 22.06 | 3.39 |
| Total Operating Income As Reported | -17.34 | -57.16 | -15.87 | -13.41 |
| Diluted Average Shares | 9.58 | 8.51 | 12.73 | 0 |
| Basic Average Shares | 9.58 | 8.51 | 12.54 | 0 |
| Diluted NI Availto Com Stockholders | -17.43 | -47.60 | 17.96 | 1.12 |
| Average Dilution Earnings | 0 | 0 | -4.10 | -1.23 |
| Preferred Stock Dividends | 0 | 0 | 0 | 1.04 |
| Minority Interests | 0 | 383.33 | -127.42 | -2.92 |
| Net Income Including Noncontrolling Interests | -17.43 | -430.93 | 149.48 | 6.31 |
| Net Income Continuous Operations | -17.43 | -430.93 | 149.48 | 6.31 |
| Other Income Expense | 1.03 | -401.47 | 167.23 | 24.78 |
| Other Non Operating Income Expenses | 0 | -345.41 | 0 | 0 |
| Special Income Charges | -0.01 | -346.41 | 172.26 | 2.79 |
| Gain On Sale Of Ppe | -0.01 | 0 | 0 | 0 |
| Gain On Sale Of Business | 0 | 27.40 | 0 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Write Off | 0 | 8.34 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 2.38 | 0 | 0 |
| Restructuring And Mergern Acquisition | 0 | 371.43 | -172.26 | -2.79 |
| Earnings From Equity Interest | 1.51 | -52.45 | -3.12 | 16.96 |
| Gain On Sale Of Security | -0.48 | -2.60 | -1.91 | 5.03 |
| Net Non Operating Interest Income Expense | -1.11 | -1.03 | -1.89 | -3.37 |
| Interest Expense Non Operating | 1.11 | 1.12 | 1.90 | 3.38 |
| Interest Income Non Operating | 0 | 0.10 | 0.01 | 0.01 |
| Other Operating Expenses | 0 | 0 | 0 | 0 |
| Provision For Doubtful Accounts | 0 | 5.96 | 0.01 | 0 |
| Depreciation Amortization Depletion Income Statement | 0.74 | 1.58 | 0.01 | 0.35 |
| Depreciation And Amortization In Income Statement | 0.74 | 1.58 | 0.01 | 0.35 |
| Operating Revenue | 15.66 | 15.71 | 6.75 | 14.90 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Falcon's Beyond Global, Inc.this co. | FBYD | $809M | 550.67β premium | 66.61 | 14.2% | -56.76 |
| Covenant Logistics Group, Inc. | CVLG | $874M | 387.11 | 2.16 | 1.8% | 10.40 |
| Sun Country Airlines Holdings, Inc. | SNCY | $874M | 16.83 | 1.42 | 8.4% | 6.49 |
| Aebi Schmidt Holding AG | AEBI | $863M | 65.59 | 1.05 | 1.2% | 13.09 |
| Frontier Group Holdings, Inc. |
| ULCC |
| $861M |
| - |
| 1.75 |
| -27.9% |
| -15.70 |
| Kforce Inc. | KFRC | $854M | 24.08 | 6.47 | 27.9% | 16.91 |
| Compass Diversified | CODI | $854M | - | -23.84 | -39.5% | 17.91 |
| Apogee Enterprises, Inc. | APOG | $831M | 9.68 | 1.69 | 17.4% | 6.94 |
| Barrett Business Services, Inc. | BBSI | $775M | 15.18 | 3.30 | 22.6% | 10.07 |
| Peer Median | - | 20.46 | 1.72 | 5.1% | 10.24 | |