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Side-by-side financial comparison of Six Flags Entertainment Corporation (FUN) and ZIFF DAVIS, INC. (ZD). 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 $406.7M, roughly 1.6× ZIFF DAVIS, INC.). ZIFF DAVIS, INC. runs the higher net margin — 0.1% vs -14.2%, a 14.3% gap on every dollar of revenue. ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M 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 ...

Ziff Davis, Inc. is an American digital media and Internet company. Founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, Internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously, the company was predominantly a publisher of hobbyist magazines.

FUN vs ZD — Head-to-Head

Bigger by revenue
FUN
FUN
1.6× larger
FUN
$650.1M
$406.7M
ZD
Higher net margin
ZD
ZD
14.3% more per $
ZD
0.1%
-14.2%
FUN
More free cash flow
ZD
ZD
$267.0M more FCF
ZD
$157.8M
$-109.3M
FUN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FUN
FUN
ZD
ZD
Revenue
$650.1M
$406.7M
Net Profit
$-92.4M
$370.0K
Gross Margin
91.4%
85.9%
Operating Margin
-3.8%
21.2%
Net Margin
-14.2%
0.1%
Revenue YoY
-1.5%
Net Profit YoY
-99.4%
EPS (diluted)
$-0.93
$0.06

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.

Revenue
FUN
FUN
ZD
ZD
Q4 25
$650.1M
$406.7M
Q3 25
$1.3B
$363.7M
Q2 25
$930.4M
$352.2M
Q1 25
$202.1M
$328.6M
Q4 24
$412.8M
Q3 24
$1.3B
$353.6M
Q2 24
$571.6M
$320.8M
Q1 24
$314.5M
Net Profit
FUN
FUN
ZD
ZD
Q4 25
$-92.4M
$370.0K
Q3 25
$-1.2B
$-3.6M
Q2 25
$-99.6M
$26.3M
Q1 25
$-219.7M
$24.2M
Q4 24
$64.1M
Q3 24
$111.0M
$-48.6M
Q2 24
$55.6M
$36.9M
Q1 24
$10.6M
Gross Margin
FUN
FUN
ZD
ZD
Q4 25
91.4%
85.9%
Q3 25
91.6%
85.4%
Q2 25
91.3%
86.1%
Q1 25
89.3%
85.6%
Q4 24
87.1%
Q3 24
91.9%
85.5%
Q2 24
90.7%
84.4%
Q1 24
85.4%
Operating Margin
FUN
FUN
ZD
ZD
Q4 25
-3.8%
21.2%
Q3 25
-83.7%
7.8%
Q2 25
8.0%
9.5%
Q1 25
-158.9%
10.7%
Q4 24
19.0%
Q3 24
19.5%
-8.3%
Q2 24
21.6%
8.9%
Q1 24
11.4%
Net Margin
FUN
FUN
ZD
ZD
Q4 25
-14.2%
0.1%
Q3 25
-90.1%
-1.0%
Q2 25
-10.7%
7.5%
Q1 25
-108.7%
7.4%
Q4 24
15.5%
Q3 24
8.2%
-13.7%
Q2 24
9.7%
11.5%
Q1 24
3.4%
EPS (diluted)
FUN
FUN
ZD
ZD
Q4 25
$-0.93
$0.06
Q3 25
$-11.77
$-0.09
Q2 25
$-0.99
$0.62
Q1 25
$-2.20
$0.56
Q4 24
$1.53
Q3 24
$1.10
$-1.11
Q2 24
$0.77
Q1 24
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FUN
FUN
ZD
ZD
Cash + ST InvestmentsLiquidity on hand
$91.1M
$607.0M
Total DebtLower is stronger
$5.2B
$866.5M
Stockholders' EquityBook value
$549.8M
$1.8B
Total Assets
$7.8B
$3.7B
Debt / EquityLower = less leverage
9.40×
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUN
FUN
ZD
ZD
Q4 25
$91.1M
$607.0M
Q3 25
$70.7M
$503.4M
Q2 25
$107.4M
$457.3M
Q1 25
$61.5M
$431.0M
Q4 24
$505.9M
Q3 24
$89.7M
$386.1M
Q2 24
$52.9M
$687.2M
Q1 24
$751.2M
Total Debt
FUN
FUN
ZD
ZD
Q4 25
$5.2B
$866.5M
Q3 25
$5.0B
Q2 25
$5.3B
Q1 25
$5.0B
Q4 24
$864.3M
Q3 24
$4.6B
Q2 24
$2.3B
Q1 24
Stockholders' Equity
FUN
FUN
ZD
ZD
Q4 25
$549.8M
$1.8B
Q3 25
$614.3M
$1.8B
Q2 25
$1.8B
$1.8B
Q1 25
$1.8B
$1.8B
Q4 24
$1.8B
Q3 24
$2.3B
$1.8B
Q2 24
$1.9B
Q1 24
$1.9B
Total Assets
FUN
FUN
ZD
ZD
Q4 25
$7.8B
$3.7B
Q3 25
$7.9B
$3.5B
Q2 25
$9.5B
$3.5B
Q1 25
$9.2B
$3.5B
Q4 24
$3.7B
Q3 24
$9.4B
$3.4B
Q2 24
$2.3B
$3.7B
Q1 24
$3.7B
Debt / Equity
FUN
FUN
ZD
ZD
Q4 25
9.40×
0.49×
Q3 25
8.16×
Q2 25
2.97×
Q1 25
2.75×
Q4 24
0.48×
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
FUN
FUN
ZD
ZD
Operating Cash FlowLast quarter
$-37.7M
$191.1M
Free Cash FlowOCF − Capex
$-109.3M
$157.8M
FCF MarginFCF / Revenue
-16.8%
38.8%
Capex IntensityCapex / Revenue
11.0%
8.2%
Cash ConversionOCF / Net Profit
516.44×
TTM Free Cash FlowTrailing 4 quarters
$-152.2M
$287.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUN
FUN
ZD
ZD
Q4 25
$-37.7M
$191.1M
Q3 25
$356.2M
$138.3M
Q2 25
$187.0M
$57.1M
Q1 25
$-178.0M
$20.6M
Q4 24
$158.2M
Q3 24
$337.4M
$106.0M
Q2 24
$50.6M
Q1 24
$75.6M
Free Cash Flow
FUN
FUN
ZD
ZD
Q4 25
$-109.3M
$157.8M
Q3 25
$256.2M
$108.2M
Q2 25
$18.8M
$26.9M
Q1 25
$-318.0M
$-5.0M
Q4 24
$131.1M
Q3 24
$227.7M
$80.1M
Q2 24
$25.1M
Q1 24
$47.4M
FCF Margin
FUN
FUN
ZD
ZD
Q4 25
-16.8%
38.8%
Q3 25
19.4%
29.7%
Q2 25
2.0%
7.6%
Q1 25
-157.4%
-1.5%
Q4 24
31.8%
Q3 24
16.9%
22.7%
Q2 24
7.8%
Q1 24
15.1%
Capex Intensity
FUN
FUN
ZD
ZD
Q4 25
11.0%
8.2%
Q3 25
7.6%
8.3%
Q2 25
18.1%
8.6%
Q1 25
69.3%
7.8%
Q4 24
6.6%
Q3 24
8.1%
7.3%
Q2 24
8.0%
Q1 24
8.9%
Cash Conversion
FUN
FUN
ZD
ZD
Q4 25
516.44×
Q3 25
Q2 25
2.17×
Q1 25
0.85×
Q4 24
2.47×
Q3 24
3.04×
Q2 24
1.37×
Q1 24
7.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FUN
FUN

Admission$327.4M50%
Food Merchandiseand Gaming$205.7M32%
Accommodations Extra Charge Products And Other$117.0M18%

ZD
ZD

Health And Wellness$114.8M28%
Technology And Shopping$108.9M27%
Cybersecurity And Martech Segment$70.9M17%
Connectivity$60.3M15%
Gaming And Entertainment$51.7M13%
Subscription And Licensing$2.9M1%

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