vs
Side-by-side financial comparison of Six Flags Entertainment Corporation (FUN) and Lucky Strike Entertainment Corp (LUCK). Click either name above to swap in a different company.
Six Flags Entertainment Corporation is the larger business by last-quarter revenue ($650.1M vs $306.9M, roughly 2.1× Lucky Strike Entertainment Corp). Lucky Strike Entertainment Corp runs the higher net margin — -4.1% vs -14.2%, a 10.1% gap on every dollar of revenue. Lucky Strike Entertainment Corp produced more free cash flow last quarter ($15.2M vs $-109.3M).
Six Flags, officially Six Flags Entertainment Corporation, is an American amusement park company headquartered in Charlotte, North Carolina, United States. The company has 42 locations in its portfolio, including 27 amusement parks and 15 water parks, with nine on-site resort properties. Formed on July 1, 2024, following a merger of equals between longtime competitors Cedar Fair and the former Six Flags company, it is the largest regional amusement park operator in the world. Upon completion ...
Lucky Strike Entertainment Corporation is an American bowling center, family entertainment center and waterpark operator. It is the largest ten-pin bowling center operator in the world with over 360 centers throughout the United States, Canada and Mexico. The centers have an average of 40 lanes compared to the U.S. bowling center average of 21 lanes.
FUN vs LUCK — Head-to-Head
Income Statement — Q4 2025 vs Q2 2026
| Metric | | |
|---|---|---|
| Revenue | $650.1M | $306.9M |
| Net Profit | $-92.4M | $-12.7M |
| Gross Margin | 91.4% | — |
| Operating Margin | -3.8% | 10.9% |
| Net Margin | -14.2% | -4.1% |
| Revenue YoY | — | 2.3% |
| Net Profit YoY | — | -144.7% |
| EPS (diluted) | $-0.93 | $-0.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $650.1M | $306.9M | ||
| Q3 25 | $1.3B | $292.3M | ||
| Q2 25 | $930.4M | $301.2M | ||
| Q1 25 | $202.1M | $339.9M | ||
| Q4 24 | — | $300.1M | ||
| Q3 24 | $1.3B | $260.2M | ||
| Q2 24 | $571.6M | — | ||
| Q1 24 | — | $337.7M |
| Q4 25 | $-92.4M | $-12.7M | ||
| Q3 25 | $-1.2B | $-13.8M | ||
| Q2 25 | $-99.6M | $-74.7M | ||
| Q1 25 | $-219.7M | $13.3M | ||
| Q4 24 | — | $28.3M | ||
| Q3 24 | $111.0M | $23.1M | ||
| Q2 24 | $55.6M | — | ||
| Q1 24 | — | $23.8M |
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | — | ||
| Q2 24 | 90.7% | — | ||
| Q1 24 | — | 33.1% |
| Q4 25 | -3.8% | 10.9% | ||
| Q3 25 | -83.7% | 9.7% | ||
| Q2 25 | 8.0% | 5.0% | ||
| Q1 25 | -158.9% | 18.3% | ||
| Q4 24 | — | 15.6% | ||
| Q3 24 | 19.5% | 5.0% | ||
| Q2 24 | 21.6% | — | ||
| Q1 24 | — | 21.0% |
| Q4 25 | -14.2% | -4.1% | ||
| Q3 25 | -90.1% | -4.7% | ||
| Q2 25 | -10.7% | -24.8% | ||
| Q1 25 | -108.7% | 3.9% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 8.2% | 8.9% | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | — | 7.1% |
| Q4 25 | $-0.93 | $-0.11 | ||
| Q3 25 | $-11.77 | $-0.12 | ||
| Q2 25 | $-0.99 | $-0.49 | ||
| Q1 25 | $-2.20 | $0.07 | ||
| Q4 24 | — | $0.16 | ||
| Q3 24 | $1.10 | $0.13 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $91.1M | — |
| Total DebtLower is stronger | $5.2B | $1.8B |
| Stockholders' EquityBook value | $549.8M | $-363.8M |
| Total Assets | $7.8B | $3.3B |
| Debt / EquityLower = less leverage | 9.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $91.1M | — | ||
| Q3 25 | $70.7M | — | ||
| Q2 25 | $107.4M | — | ||
| Q1 25 | $61.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $89.7M | — | ||
| Q2 24 | $52.9M | — | ||
| Q1 24 | — | — |
| Q4 25 | $5.2B | $1.8B | ||
| Q3 25 | $5.0B | $1.7B | ||
| Q2 25 | $5.3B | $1.3B | ||
| Q1 25 | $5.0B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $4.6B | $1.1B | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | — | $1.1B |
| Q4 25 | $549.8M | $-363.8M | ||
| Q3 25 | $614.3M | $-326.3M | ||
| Q2 25 | $1.8B | $-298.7M | ||
| Q1 25 | $1.8B | $-213.7M | ||
| Q4 24 | — | $-179.7M | ||
| Q3 24 | $2.3B | $-164.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-76.0M |
| Q4 25 | $7.8B | $3.3B | ||
| Q3 25 | $7.9B | $3.2B | ||
| Q2 25 | $9.5B | $3.2B | ||
| Q1 25 | $9.2B | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $9.4B | $3.1B | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | — | $3.2B |
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-37.7M | $48.1M |
| Free Cash FlowOCF − Capex | $-109.3M | $15.2M |
| FCF MarginFCF / Revenue | -16.8% | 4.9% |
| Capex IntensityCapex / Revenue | 11.0% | 10.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-152.2M | $42.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-37.7M | $48.1M | ||
| Q3 25 | $356.2M | $-6.4M | ||
| Q2 25 | $187.0M | $22.5M | ||
| Q1 25 | $-178.0M | $86.6M | ||
| Q4 24 | — | $38.7M | ||
| Q3 24 | $337.4M | $29.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $76.9M |
| Q4 25 | $-109.3M | $15.2M | ||
| Q3 25 | $256.2M | $-32.3M | ||
| Q2 25 | $18.8M | $-1.1M | ||
| Q1 25 | $-318.0M | $61.1M | ||
| Q4 24 | — | $-11.7M | ||
| Q3 24 | $227.7M | $-12.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $43.4M |
| Q4 25 | -16.8% | 4.9% | ||
| Q3 25 | 19.4% | -11.1% | ||
| Q2 25 | 2.0% | -0.4% | ||
| Q1 25 | -157.4% | 18.0% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | 16.9% | -4.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 12.9% |
| Q4 25 | 11.0% | 10.7% | ||
| Q3 25 | 7.6% | 8.9% | ||
| Q2 25 | 18.1% | 7.8% | ||
| Q1 25 | 69.3% | 7.5% | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | 8.1% | 16.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 9.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 6.52× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | 3.04× | 1.27× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
LUCK
| Bowling | $142.9M | 47% |
| Food And Beverage Revenue Stream | $112.4M | 37% |
| Amusement And Other | $51.6M | 17% |
