F
Falcon's Beyond Global, Inc.
FBYDPCIK 0001937987NasdaqEmerging GrowthServices-Miscellaneous Amusement & RecreationDelawareFY ends Dec 31
Period
FY 2025
Revenue
$14.90M
Net Income
$6.31M
Total Assets
$66.70M
Equity
$11.93M
Shares Out
10
Op. Cash Flow
$-24.60M
Business
Falcon's Beyond Global, Inc. is an entertainment and technology enterprise that designs, develops, engineers, and delivers immersive physical and digital experiences for brands, developers, and destination operators worldwide. The company operates through three business divisions: Falcon's Creative Group (FCG), which provides creative services and master planning for themed entertainment destinations; Falcon's Beyond Brands (FBB), which designs and manufactures proprietary ride systems and attraction hardware; and Falcon's Beyond Destinations (FBD), which develops and operates location-based entertainment venues. The company serves global markets through project-based services, product sales, and destination partnerships.
Summary from 10-K filed 2026-03-30
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | 15 | 7 | 18 | 16 | |
| Project design and build expense | 2 | 0 | 10 | — | |
| Cost of product sales | 2 | 0 | — | — | |
| Selling, general and administrative expense ($141 and $126 related party for the years ended December 31, 2025 and 2024, respectively) | 25 | 22 | 28 | 18 | |
| Transaction (credit) expenses | −2 | 7,000 | — | — | |
| Credit loss expense ($12 related party for the year ended December 31, 2024) | 0 | 12,000 | 6 | — | |
| Research and development expense ($184 and $171 related party for the years ended December 31, 2025 and 2024, respectively) | 199,000 | 179,000 | — | — | |
| Depreciation and amortization expense | 349,000 | 6,000 | 2 | 737,000 | |
| Total operating expenses | 28 | 23 | 75 | 33 | |
| Loss from operations | −13 | −16 | −57 | −17 | |
| Share of gain (loss) from equity method investments | 17 | −3 | −52 | 2 | |
| Interest expense ($(1,712) and $(1,133) related party for the years ended ,December 31, 2025 and 2024, respectively) | −3 | −2 | −1 | −1 | |
| Interest income | 12,000 | 12,000 | 95,000 | — | |
| Change in fair value of warrant liabilities | 3 | −836,000 | −3 | — | |
| Change in fair value of earnout liabilities | 0 | 172 | −345 | — | |
| Foreign exchange transaction gain (loss) | 2 | −1 | 367,000 | −478,000 | |
| Gain on bargain purchase of OES Acquisition | 1 | 0 | — | — | |
| Net income before taxes | 6 | 149 | −431 | −17 | |
| Income tax benefit (expense) | 2,000 | −2,000 | 325,000 | — | |
| Net income | 6 | 149 | −431 | −17 | |
| Net income attributable to noncontrolling interest | 3 | 127 | −383 | — | |
| Net income attributable to common stockholders | 3 | 22 | −48 | — | |
| Net income per share, basic | 0.06 | 1.76 | −5.59 | — | |
| Net income per share, diluted | 0.03 | 1.41 | −5.59 | — | |
| Weighted average shares outstanding, basic (in Shares) | 39 | 13 | 9 | — | |
| Weighted average shares outstanding, diluted (in Shares) | 39 | 13 | 9 | — | |
| Foreign currency translation income | 1 | −148,000 | −348,000 | −429,000 | |
| Total comprehensive income | 8 | 149 | −431 | −18 | |
| Comprehensive income attributable to noncontrolling interest | 4 | 127 | −384 | — | |
| Total comprehensive income attributable to common stockholders | 3 | 22 | −48 | −18 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents ($532 and $282 restricted cash as of December 31, 2025 and December 31, 2024, respectively) | 2 | 825,000 | 672,000 | 8 | — | |
| Accounts receivable ($2,533 and $1,713 related party as of December 31, 2025 and December 31, 2024, respectively) | 4 | 2 | 696,000 | 3 | — | |
| Contract assets | 3 | 0 | — | 3 | — | |
| Other current assets ($983 related party as of December 31, 2025) | 2 | 2 | 1 | 842,000 | — | |
| Total current assets | 10 | 4 | 2 | 17 | — | |
| Investments and advances to equity method investments | 51 | 57 | 61 | 72 | — | |
| Operating lease right-of-use assets | 3 | 0 | — | 1 | — | |
| Property and equipment, net | 1 | 24,000 | 23,000 | 802,000 | — | |
| Intangible assets, net | 1 | 0 | — | — | — | |
| Other non-current assets | 341,000 | 513,000 | 264,000 | 671,000 | — | |
| Total assets | 67 | 61 | 63 | 112 | — | |
| Accounts payable ($215 and $1,669 related party as of December 31, 2025 and December 31, 2024, respectively) | 8 | 10 | 4 | 5 | — | |
| Accrued expenses and other current liabilities ($501 and $660 related party as of December 31, 2025 and December 31, 2024, respectively) | 16 | 26 | 21 | 4 | — | |
| Contract liabilities | 19,000 | 0 | — | — | — | |
| Operating lease liability, current | 460,000 | 0 | — | — | — | |
| Short term debt ($1,386 related party as of December 31, 2025) | 1 | 8 | — | — | — | |
| Long-term debt, current ($904 related party as of December 31, 2024) | 2 | 2 | 7 | 7 | — | |
| Total current liabilities | 29 | 46 | 214 | 17 | — | |
| Operating lease liability, net of current portion | 2 | 0 | — | 849,000 | — | |
| Long-term debt, net of current portion ($5,024 and $28,904 related party as of December 31, 2025 and December 31, 2024, respectively) | 12 | 31 | 23 | 26 | — | |
| Warrant liabilities | 0 | 5 | 4 | — | — | |
| Total liabilities | 43 | 81 | 552 | 44 | — | |
| Commitments and contingencies - Note 12 | — | — | — | — | — | |
| Series B preferred stock ($0.0001 par value, 8,000,000 shares authorized; 6,715,721 issued and outstanding as of December 31, 2025. Liquidation preference of $33.6 million as of December 31, 2025) | 1,000 | 0 | — | — | — | |
| Additional paid-in capital | 56 | 38 | 12 | — | — | |
| Accumulated deficit | −44 | −47 | −69 | −24 | — | |
| Accumulated other comprehensive income (loss) | 387,000 | −243,000 | −216,000 | −2 | — | |
| Total equity (deficit) attributable to common stockholders | 12 | −9 | −57 | 68 | — | |
| Non-controlling interest | 12 | −11 | −432 | — | — | |
| Total equity (deficit) | 24 | −20 | −489 | 68 | 28 | |
| Total liabilities and equity | 67 | 61 | 63 | 112 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Depreciation and amortization | 349,000 | 6,000 | 2 | 737,000 | |
| Foreign exchange transaction gain | 0 | 1 | −367,000 | — | |
| Interest converted to preferred stock | 441,000 | 0 | — | — | |
| Change in fair value of earnouts | 0 | −172 | 345 | — | |
| Share based compensation expense | 2 | 1 | 68,000 | — | |
| Loss on sale of equipment | 1,000 | 2,000 | 0 | — | |
| Accounts receivable ($(820) and $(1,093) related party for the years ended December 31, 2025 and 2024, respectively) | −2 | −1 | −4 | −392,000 | |
| Contract assets | −3 | 0 | 466,000 | −2 | |
| Deferred transaction costs | 588,000 | −588,000 | 2 | −2 | |
| Other current assets | 530,000 | 55,000 | −904,000 | −453,000 | |
| Other non-current assets | 241,000 | −249,000 | −1 | −126,000 | |
| Accounts payable ($1,454 and $312 related party for the years ended December 31, 2025 and 2024, respectively) | −1 | 7 | 4 | 4 | |
| Accrued expenses and other current liabilities ($158 and $456 related party for the years ended December 31, 2025 and 2024, respectively) | −7 | 4 | 19 | 2 | |
| Contract liabilities | 19,000 | 0 | — | — | |
| Operating lease assets and liabilities | 152,000 | 0 | −23,000 | — | |
| Other long-term payables | 0 | −6 | 6 | −70,000 | |
| Net cash used in operating activities | −25 | −13 | −23 | −19 | |
| Purchase of property and equipment | −153,000 | −11,000 | −308,000 | −320,000 | |
| Proceeds from sale of equipment | 2,000 | 2,000 | 4,000 | — | |
| Short-term advances to affiliate ($(983) related party for the year ended December 31, 2025) | −983,000 | 0 | — | — | |
| Distribution from equity method investment PDP | 27 | 0 | — | — | |
| OES Acquisition | −2 | 0 | — | — | |
| Net cash provided by (used) in investing activities | 24 | −9,000 | 282,000 | −26 | |
| Proceeds from issuance of Series B preferred stock ($1,500 related party for the year ended December 31, 2025) | 12 | 0 | — | — | |
| Proceeds from debt related party | 750,000 | 7 | 0 | 7 | |
| Proceeds from debt - third party | 0 | 1 | 0 | — | |
| Repayment of debt related party | −268,000 | −2 | −3 | −138,000 | |
| Repayment of debt third party | −3 | −2 | −2 | −1 | |
| Proceeds from related party credit facilities | 2 | 13 | 18 | 7 | |
| Repayment of related party credit facilities | −5 | −5 | −4 | — | |
| Payment of excise tax on FAST sponsor share redemptions | −2 | — | — | — | |
| Proceeds from exercised warrants | 0 | 365,000 | 4 | — | |
| Proceeds from RSUs issued to affiliates | 712,000 | 837,000 | 0 | — | |
| Settlement of RSUs | −545,000 | 0 | — | — | |
| Net cash provided by financing activities | 4 | 13 | 15 | 51 | |
| Net increase (decrease) in cash and cash equivalents | 3 | 292,000 | −8 | 5 | |
| Foreign exchange impact on cash | −2 | −139,000 | 314,000 | −55,000 | |
| Cash paid for interest | 3 | 518,000 | 1 | 606,000 | |
| Debt to series B preferred stock conversion - principal | 20 | 0 | — | — | |
| Accrued interest capitalized as debt principal | 0 | 273,000 | 0 | — | |
| Conversion of warrants to common shares, Class A | 2 | 7 | 7 | — | |
| Conversion of Class B Common Stock to Class A Common Stock | 691,000 | 20 | 0 | — | |
| Release of earnout Common shares from escrow | 0 | 66 | 0 | — | |
| Reclassification of earnout shares to equity | 0 | 250 | 0 | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro
Frequently asked questions
What is Falcon's Beyond Global, Inc.'s CIK number?
Falcon's Beyond Global, Inc.'s SEC CIK number is 0001937987 (1937987). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Falcon's Beyond Global, Inc.'s SEC filings?
All of Falcon's Beyond Global, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Falcon's Beyond Global, Inc. last report earnings?
Falcon's Beyond Global, Inc. (FBYDP) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-224204). This is Falcon's Beyond Global, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Falcon's Beyond Global, Inc.'s most recent earnings 8-K?
Falcon's Beyond Global, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001193125-26-224204. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Falcon's Beyond Global, Inc.'s latest earnings 8-K →
Look up any company's CIK number →