Six Flags Entertainment Corporation (NYSE: FUN) is a regional theme park operator that owns and operates amusement parks, water parks, and related attractions across North America. The company generates revenue through gate admissions, season pass and membership sales, and in-park spending on food, beverages, merchandise, and games. Six Flags was formed on July 1, 2024, when the former Six Flags Entertainment Corporation merged with Cedar Fair, L.P. in a merger-of-equals transaction, creating a combined company that retained the Six Flags name. The merger, structured through a series of steps involving an intermediary holding company formerly known as CopperSteel HoldCo, Inc., consolidated two of the largest regional theme park portfolios in the United States into a single publicly traded corporation. The combined entity trades under the ticker FUN on a national exchange.

Revenue model

Revenue is generated through gate admissions, season passes, annual memberships, and in-park spending including food, beverages, merchandise, and games at amusement and water parks.

Products and services

Regional amusement parks, water parks, season passes, annual memberships, in-park food and beverage, merchandise, and games. The combined portfolio includes parks formerly operated under both the Cedar Fair and Six Flags brand families.

Customers and end markets

General consumers seeking regional leisure and entertainment, including families and young adults visiting amusement and water parks on a transactional or season-pass basis.

Value-chain role

End-to-end theme park operator: owns, develops, and operates physical park assets and sells admission and in-park products directly to consumers.

Geographic exposure

North America, combining the geographic footprints of the former Cedar Fair and former Six Flags park portfolios following the July 1, 2024 merger closing.

Source: SEC 10-K, filed 2026-02-26

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