FBYD

MKT CAP:$614M

Falcon's Beyond Global, Inc. Class A Common Stock

Market Cap

$614M

Industrials·Conglomerates·🇺🇸 United States·NASDAQ

Industrials·Conglomerates·🇺🇸·NASDAQ

Stock Price

$12.38-$1.87 (-13.12%)

Apr 17, 2026

Company Details

Falcon's Beyond Global, Inc. operates as an entertainment powerhouse and innovator in storytelling. The company develops, owns, and operates hotels, theme parks, and retail, dining, and entertainment venues. It also provides master planning...

CEO

Cecil D. Magpuri

IPO Date

Oct 6, 2023

Website

falconsbeyondglobal.com

Key Metrics TTM

Revenue

$20M

+26.3% YoY

Net Income

-$19M

EPS (Diluted)

-$1.92

Free Cash Flow

-$30M

Revenue / Share

$0.54

Gross Margin

41.8%

Operating Margin

-201.4%

Net Margin

-93.4%

FCF Margin

-149.3%

P/S

30.5x

P/E

—

Earnings Reports

Q4 2025

May 14, 2026

PENDING

Q3 2025

Nov 14, 2025

$4MEPS -$0.13

Q3 2023

Nov 14, 2023

$2M-62.6%EPS $0.54

Q2 2023

Jun 29, 2023

$5M+9.8%EPS -$1.10

Q1 2023

Mar 30, 2023

$9M+211.6%EPS -$1.23

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$0	$0	-$91.1K
Q2 21	$0	$0	-$376.0K
Q3 21	$0	$0	-$302.0K
Q1 22	$3M	$903.0K	-$3M
Q2 22	$5M	$2M	-$3M
Q3 22	$4M	$1M	-$5M
Q4 22	$4M	$651.0K	-$6M
Q1 23	$9M	$3M	-$9M
Q2 23	$5M	$2M	-$8M
Q3 23	$2M	$859.0K	-$20M
Q3 25	$4M	$2M	-$4M

Valuation

Quarter	P/S	P/E
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q1 22	29.9x	259.3x
Q2 22	11.3x	—
Q3 22	7.3x	—
Q4 22	5.5x	—
Q1 23	4.0x	—
Q2 23	3.9x	—
Q3 23	4.4x	—
Q3 25	19.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	-$667.4K	-$667.4K
Q2 21	-$110.6K	-$110.6K
Q3 21	-$72.0K	-$72.0K
Q1 22	-$3M	-$3M
Q2 22	-$4M	-$4M
Q3 22	-$2M	-$3M
Q4 22	-$11M	-$11M
Q1 23	-$6M	-$7M
Q2 23	-$6M	-$6M
Q3 23	-$4M	-$4M
Q3 25	-$13M	-$13M

Capital Expenditures

Quarter	CapEx
Q1 21	$0
Q2 21	$0
Q3 21	$0
Q1 22	$97.0K
Q2 22	$83.0K
Q3 22	$1M
Q4 22	$21.0K
Q1 23	$133.0K
Q2 23	$150.0K
Q3 23	$24.0K
Q3 25	$41.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	—	+9043.6%
Q3 22	—	+2433.0%
Q4 22	—	+3178.8%
Q1 23	+211.6%	+226.8%
Q2 23	+9.8%	+55.0%
Q3 23	-62.6%	+130.8%
Q3 25	+3.4%	-21.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$0	—
Q2 21	$0	—
Q3 21	$0	—
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 21	—	$41.8K
Q2 21	—	$326.5K
Q3 21	—	$251.8K
Q1 22	$88.0K	$3M
Q2 22	$886.0K	$4M
Q3 22	$751.0K	—
Q4 22	$1M	—
Q1 23	$463.0K	$10M
Q2 23	$439.0K	$9M
Q3 23	$349.0K	$4M
Q3 25	—	$6M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$156.5K	$0	$156.5K
Q2 22	$397.5K	$0	$397.5K
Q3 22	$3M	$0	$3M
Q4 22	$8M	$0	$8M
Q1 23	$2M	$0	$2M
Q2 23	$1M	$0	$1M
Q3 23	$371.0K	$0	$371.0K
Q4 23	$672.0K	$0	$672.0K
Q1 24	$1M	$0	$1M
Q2 24	$2M	$0	$2M
Q3 24	$828.0K	$0	$828.0K
Q4 24	$825.0K	$0	$825.0K
Q1 25	$1M	$0	$1M
Q2 25	$26M	$0	$26M
Q3 25	$4M	$0	$4M
Q4 25	$2M	$0	$2M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	28M	—	—
Q2 21	28M	0.0%	—
Q3 21	28M	0.0%	—
Q1 22	28M	0.0%	—
Q2 22	28M	0.0%	0.0%
Q3 22	28M	0.0%	0.0%
Q4 22	28M	0.0%	0.0%
Q1 23	8M	-71.3%	-71.3%
Q2 23	8M	0.0%	-71.3%
Q3 23	8M	0.0%	-71.3%
Q3 25	38M	+369.9%	+35.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q3 25	$19.3K	210

Revenue / Employee