Falcon's Beyond Global, Inc. (FBYD) Income Statement
FBYD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFBYD revenue and net income
Where FBYD's revenue goes
2025Each bar shows an amount and its share of revenue. FBYD kept 22.8% of revenue as net income.
FBYD profit margins
FBYD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +120.8% | −2.3% | +270.0% | — |
| Gross profit | +62.3% | +33.4% | +309.5% | — |
| Operating income | — | — | — | — |
| Net income | −84.6% | — | — | — |
| EPS (diluted) | −98.4% | +14.5% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FBYD quarterly EPS vs estimates
Next report: November 13, 2026.
FBYD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $14.9M | $6.7M | $18.2M | $15.9M | $6.1M | $21,487 | $419,327 |
| Cost of revenue | $4.0M | $6,000 | $10.2M | $11.3M | $4.1M | $11,987 | $179,174 |
| Gross profit | $10.9M | $6.7M | $8.1M | $4.6M | $2.0M | $9,500 | $240,152 |
| Research & development | $199,000 | $179,000 | $1.2M | $2.8M | $0 | — | — |
| Sales, general & admin | $25.5M | $22.4M | $28.1M | $18.4M | $8.2M | $188,738 | — |
| Total operating expenses | $26.0M | $22.6M | $65.3M | $21.9M | $8.0M | $116,469 | $301,484 |
| Operating income | −$15.1M | −$15.9M | −$57.2M | −$17.3M | −$5.9M | −$179,238 | $67,790 |
| Interest income | $12,000 | $12,000 | $95,000 | $0 | — | — | — |
| Interest expense | $3.4M | $1.9M | $1.1M | $1.1M | $687,000 | — | — |
| Income before taxes | $6.3M | $149.5M | −$431.3M | −$17.4M | −$9.5M | −$153,412 | −$125,000 |
| Income taxes | −$2,000 | $2,000 | −$325,000 | $2.6M | −$1.7M | $1,994 | $2,097 |
| Net income | $3.4M | $22.1M | −$47.6M | −$17.4M | −$9.5M | −$151,417 | −$123,000 |
| EBITDA | $10.0M | $151.4M | −$428.6M | −$15.6M | −$8.2M | −$165,893 | $218,689 |
| EPS (diluted) | $0.03 | $1.93 | −$0.49 | $0.02 | $0.11 | — | — |
| Gross margin | 73.5% | 100.0% | 44.4% | 28.9% | 33.3% | 44.2% | 57.3% |
| Operating margin | −101.4% | −235.1% | −313.3% | −108.7% | −97.9% | −834.2% | 16.2% |
| Net margin | 22.8% | 327.0% | −260.9% | −109.3% | −155.9% | −704.7% | −29.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M | $5.4M | $6.6M | $4.1M | $2.5M | $1.7M | $1.4M | $2.1M | $1.8M | $1.5M | $2.1M | $1.6M |
| Cost of revenue | $2.2M | $2.1M | $2.0M | $1.4M | $431,000 | $106,000 | $0 | $1,000 | $2,000 | $1,000 | $0 | $722,000 |
| Gross profit | $3.4M | $3.3M | $4.6M | $2.6M | $2.1M | $1.6M | $1.4M | $2.1M | $1.8M | $1.5M | $2.1M | $859,000 |
| Research & development | $0 | $0 | $4,000 | $2,000 | $83,000 | $118,000 | $114,000 | $39,000 | $10,000 | $16,000 | $3,000 | $349,000 |
| Sales, general & admin | $7.7M | $7.7M | $6.4M | $6.2M | $6.6M | $6.3M | $5.8M | $4.5M | $5.3M | $6.2M | $4.8M | $4.3M |
| Total operating expenses | $7.7M | $7.9M | $6.5M | $6.3M | $6.8M | $6.4M | $5.9M | $4.5M | $5.3M | $6.8M | $4.8M | $21.3M |
| Operating income | −$4.3M | −$4.6M | −$1.9M | −$3.7M | −$4.6M | −$4.8M | −$4.6M | −$2.5M | −$3.5M | −$5.3M | −$2.7M | −$20.4M |
| Interest income | $7,000 | $6,000 | $3,000 | $4,000 | $2,000 | $3,000 | $2,000 | $4,000 | $3,000 | $3,000 | $3,000 | $47,000 |
| Interest expense | $218,000 | $174,000 | $280,000 | $930,000 | $841,000 | $1.3M | $770,000 | $421,000 | $438,000 | $269,000 | $237,000 | $321,000 |
| Income before taxes | −$318,000 | $6.1M | −$297,000 | −$10.4M | $25.1M | −$8.1M | −$11.9M | $39.3M | $9.7M | $114.0M | −$416.9M | $4.3M |
| Income taxes | −$158,000 | $3.0M | −$1,000 | −$1,000 | — | −$1,000 | — | $38,000 | $1.7M | −$1,000 | — | −$7,000 |
| Net income | $304,000 | $3.1M | $154,000 | −$4.4M | $11.4M | −$3.7M | −$2.2M | $5.9M | $1.2M | $17.2M | −$33.3M | $4.3M |
| EBITDA | −$4.1M | $6.4M | $120,000 | −$9.3M | $26.0M | −$6.8M | — | $39.8M | $10.2M | $114.3M | — | $4.7M |
| EPS (diluted) | −$0.01 | $0.05 | −$0.01 | −$0.13 | $0.30 | −$0.13 | −$0.15 | $0.05 | $0.12 | $1.90 | −$0.46 | $0.04 |
| Gross margin | 60.3% | 61.4% | 69.5% | 65.3% | 83.1% | 93.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 54.3% |
| Operating margin | −75.9% | −85.0% | −29.5% | −91.1% | −182.4% | −282.1% | −335.6% | −118.9% | −195.9% | −350.5% | −125.1% | −1,290.6% |
| Net margin | 5.4% | 57.1% | 2.3% | −107.9% | 449.0% | −215.3% | −162.6% | 283.7% | 68.6% | 1,132.5% | −1,549.2% | 272.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FBYD's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FBYD financial results
In fiscal year 2025 (ended December 31, 2025), Falcon's Beyond Global reported revenue of $14.9 million, up 120.8% from the year before. It had net income of $3.4 million (down 84.6%), a net profit margin of 22.8%. Diluted earnings per share came to $0.03. Over five years revenue grew at an average rate of 270.0% a year.
See the FBYD stock overview for the latest quote and news, or the FBYD chart for price history and technical indicators.
FBYD income statement FAQ
What is Falcon's Beyond Global's annual revenue?
Falcon's Beyond Global reported total revenue of $14.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 120.8% from $6.7 million the previous year.
Is Falcon's Beyond Global profitable?
Yes. Falcon's Beyond Global reported net income of $3.4 million in fiscal 2025, a net profit margin of 22.8%; its operating margin was −101.4%.
What is Falcon's Beyond Global's gross margin?
Falcon's Beyond Global's gross margin was 73.5% in fiscal 2025: for every $100 of revenue, Falcon's Beyond Global kept $73 after the direct cost of its products and services.
How much does Falcon's Beyond Global spend on research and development?
Falcon's Beyond Global spent $0.2 million on research and development in fiscal 2025, 1.3% of revenue.
How fast is Falcon's Beyond Global growing?
Revenue grew 270.0% a year on average over the last five fiscal years, from $0.0 million to $14.9 million.
What are Falcon's Beyond Global's earnings per share?
Falcon's Beyond Global earned $0.03 per diluted share in fiscal 2025, compared with $1.93 a year earlier.
When will Falcon's Beyond Global report its next earnings?
Falcon's Beyond Global is expected to report results for the quarter ending September 30, 2026 on November 13, 2026 before the market opens.
When does Falcon's Beyond Global's fiscal year end?
Falcon's Beyond Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.