Falcon's Beyond (FBYD)
Builds attraction designs, ride systems, and destinations under one integrated themed-entertainment platform.
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Runs three divisions — creative design and advisory services, proprietary ride-system manufacturing, and destination development — letting it design experiences for other operators and own them directly. Formed in 2021 from a merger of a design studio and a resort-attractions venture, it began trading on Nasdaq after a 2023 SPAC merger.
Operates under a design-own-operate model across three divisions. A creative and advisory arm handles destination strategy, attraction design, and intellectual-property development for other operators. A ride-systems arm designs and manufactures proprietary attraction hardware for theme parks and location-based venues. A destinations arm develops, owns, and operates entertainment venues.
Creative clients span major theme-park operators, resort brands, and new-build destinations in the Middle East. Owned destinations center on a joint venture with a global hotel operator in Mallorca, Spain, run under an asset-efficient approach favoring partner capital over heavy balance-sheet construction.
Formed in 2021 from the merger of a two-decade-old design studio and a European resort-attractions venture, the company reached public markets in 2023 through a SPAC merger. Founders retain significant influence through a dual-class share structure, and recent joint-venture wind-downs and licensing terminations have narrowed its destinations and brands portfolios.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.1M · Total debt $18.6M · Total assets $63.6M · Shareholders' equity $15.1M
- Revenue
- $5.6M
- Operating income
- −$4.3M
- Net income
- $304.0K
No dividends on record.
| Institutions | 3.22% | 3.91M shares | |
|---|---|---|---|
| 60 holders · as of Jun 30, 2026 | |||
| Insiders | 0.67% | 815.1K shares | |
| 2 holders · as of Feb 17, 2026 | |||
| Strategic holders | 0.71% | 855.0K shares | |
| 1 holder · as of Nov 6, 2024 | |||
| Other | 95.40% | 115.68M shares | |
| remainder | |||
121.26M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (121.26M in the company's Sep 22, 2026 report, 49.01M elsewhere); stakes use the report.
1 position filed across a stock split leaves its adjustment unstated and stays out of the bar.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 1.25% | 1.51M A | as of Jun 30, 2026 |
FAST Sponsor II LLCStrategic10 percent owner, other: Sponsor | 0.71% | 855,000 A | filed Nov 6, 2024 |
Iraida Que de VeraInsiderdirector | 0.57% | 691,563 A | filed Feb 17, 2026 |
Geode Capital Management, LLCInstitution | 0.47% | 572,538 A | as of Jun 30, 2026 |
State Street CorpInstitution | 0.33% | 399,673 A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 4, 2026 | Infinite Acquisitions Partners LLC | 10 percent owner | −1,392,290 | $5.00 |
| Apr 14, 2026 | Infinite Acquisitions Partners LLC | 10 percent owner | −3,950,000 | $0.0001 |
| Mar 9, 2026 | Infinite Acquisitions Partners LLC | 10 percent owner | −2,350,068 | $0.0001 |
| Sep 8, 2025 | Infinite Acquisitions Partners LLC | 10 percent owner | +4,092,326 | $5.00 |
- Walt Disney
In-house Imagineering designs attractions; Disney resorts rival destinations.
- Comcast
Universal Creative designs attractions; Universal parks rival destinations.
- United Parks & Resorts
Operates SeaWorld, Busch Gardens, and Aquatica destination theme parks.
- Six Flags Entertainment
Largest North American regional amusement-park and on-site resort operator.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Falcon's Beyond | $7.00 | +0.21% | $332.8M | — | — | 15.4 | +120.4% |
| Walt Disney | $103.80 | −0.03% | $180.96B | 21.5 | 13.9 | 1.8 | +7.1% |
| Comcast | $22.44 | +0.07% | $81.37B | 7.4 | 6.5 | 0.7 | −1.2% |
| United Parks & Resorts | $33.60 | +0.03% | $1.60B | 13.7 | 9.4 | 1.0 | −1.4% |
| Six Flags Entertainment | $12.30 | 0.00% | $1.26B | — | — | 0.5 | −7.0% |
| Median | 13.7 | 9.4 | 0.8 | −1.3% |