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 | 28.4% | 120.8% | -84.6% |
| 2024 | $7M | $151M | $22M | $-13M | -246.0% | -63.0% | -146.3% |
| 2023 | $18M | $-429M | $-48M | $-24M | 83.4% | 14.4% | 173.1% |
| 2022 | $16M | $-16M | $-17M | $-20M | -25.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 15.95 | 18.24 | 6.74 | 14.90 |
| Operating Revenue | - | 15.66 | 15.71 | 6.74 | 14.90 |
| Cost Of Revenue | - | 11.34 | 10.15 | 0 | 3.95 |
| Gross Profit | - | 4.61 | 8.09 | 6.74 | 10.94 |
| Operating Expense | - | 21.95 | 36.85 | 22.60 | 26.04 |
| Research And Development | - | 2.77 | 1.25 | 0.18 | 0.20 |
| Selling General And Administration | - | 18.44 | 28.06 | 22.41 | 25.50 |
| Total Expenses | - | 33.29 | 47 | 22.60 | 30 |
| Operating Income | - | -17.34 | -28.76 | -15.86 | -15.10 |
| Total Operating Income As Reported | - | -17.34 | -57.16 | -15.87 | -13.41 |
| EBITDA | - | -15.58 | -428.56 | 151.39 | 10.04 |
| Normalized EBITDA | - | -15.09 | -79.54 | -18.96 | 2.22 |
| EBIT | - | -16.32 | -430.13 | 151.38 | 9.69 |
| Interest Income | - | 0 | 0.10 | 0.01 | 0.01 |
| Interest Expense | - | 1.11 | 1.12 | 1.90 | 3.38 |
| Net Interest Income | - | -1.11 | -1.03 | -1.89 | -3.37 |
| Other Non Operating Income Expenses | - | - | -345.41 | - | - |
| Other Income Expense | - | 1.03 | -401.47 | 167.23 | 24.78 |
| Interest Income Non Operating | - | 0 | 0.10 | 0.01 | 0.01 |
| Interest Expense Non Operating | - | 1.11 | 1.12 | 1.90 | 3.38 |
| Net Non Operating Interest Income Expense | - | -1.11 | -1.03 | -1.89 | -3.37 |
| Pretax Income | - | -17.43 | -431.26 | 149.48 | 6.31 |
| Tax Provision | - | 0 | -0.32 | 0 | 0 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -0.35 | 0 | 0 |
| Net Income Continuous Operations | - | -17.43 | -430.93 | 149.48 | 6.31 |
| Net Income From Continuing And Discontinued Operation | - | -17.43 | -47.60 | 22.06 | 3.39 |
| Net Income From Continuing Operation Net Minority Interest | - | -17.43 | -47.60 | 22.06 | 3.39 |
| Net Income | - | -17.43 | -47.60 | 22.06 | 3.39 |
| Net Income Common Stockholders | - | -17.43 | -47.60 | 22.06 | 2.35 |
| Net Income Including Noncontrolling Interests | - | -17.43 | -430.93 | 149.48 | 6.31 |
| Normalized Income | - | -16.94 | 301.06 | -148.29 | -4.43 |
| Diluted NI Availto Com Stockholders | - | -17.43 | -47.60 | 17.96 | 1.12 |
| Basic Average Shares | - | 9.58 | 8.51 | 12.54 | 39.21 |
| Diluted Average Shares | - | 9.58 | 8.51 | 12.73 | 39.26 |
| Reconciled Depreciation | - | 0.74 | 1.58 | 0.01 | 0.35 |
| Reconciled Cost Of Revenue | - | 11.34 | 10.15 | 0 | 3.95 |
| Total Unusual Items | - | -0.49 | -349.01 | 170.35 | 7.82 |
| Total Unusual Items Excluding Goodwill | - | -0.49 | -349.01 | 170.35 | 7.82 |
| Preferred Stock Dividends | - | - | - | - | 1.04 |
| Minority Interests | - | 0 | 383.33 | -127.42 | -2.92 |
| Special Income Charges | - | -0.01 | -346.41 | 172.26 | 2.79 |
| Gain On Sale Of Business | - | 0 | 27.40 | 0 | - |
| Other Special Charges | -0.19 | - | - | - | - |
| Write Off | - | 0 | 8.34 | - | - |
| Impairment Of Capital Assets | - | 0 | 2.38 | 0 | - |
| Restructuring And Mergern Acquisition | - | 0 | 371.43 | -172.26 | -2.79 |
| Gain On Sale Of Security | - | -0.48 | -2.60 | -1.91 | 5.03 |
| 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 |
| Gain On Sale Of Ppe | 0 | -0.01 | 0 | - | - |
| Other Operating Expenses | -0.66 | - | - | - | - |
| Provision For Doubtful Accounts | - | 0 | 5.96 | 0.01 | 0 |
| Earnings From Equity Interest | - | 1.51 | -52.45 | -3.12 | 16.96 |
| Average Dilution Earnings | - | - | 0 | -4.10 | -1.23 |
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 | $746M | 219.98β premium | 62.55 | 28.4% | 75.88 |
| Compass Diversified | CODI | $803M | -3.55 | -22.42 | 632.3% | 164.90 |
| Montrose Environmental Group, Inc. | MEG | $801M | -949.94 | 1.77 | -0.2% | 14.06 |
| Barrett Business Services, Inc. | BBSI | $798M | 14.66 | 3.31 | 22.6% | 8.34 |
| Apogee Enterprises, Inc. |
| - |
| - |
| - |
| - |
| - |
| - |
| APOG |
| $798M |
| 14.74 |
| 1.56 |
| 10.6% |
| 7.39 |
| Matthews International Corporation | MATW | $796M | -32.53 | 1.66 | -5.1% | 10.13 |
| Spire Global, Inc. | SPIR | $776M | 15.12 | 6.87 | 45.4% | 9.09 |
| Serve Robotics Inc. | SERV | $716M | -7.06 | 2.04 | -28.9% | -6.35 |
| Janus International Group, Inc. | JBI | $690M | 12.83 | 1.21 | 9.4% | 6.58 |
| Peer Median | - | 4.64 | 1.71 | 10.0% | 8.71 | |