FBYD on Nasdaq
Falcon's Beyond Global, Inc.
American miscellaneous amusement and recreation services company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with GOLDEN HEAVEN GROUP HOLDINGS LTD., TABLE TRAC INC or PARKS AMERICA, INC, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-90.0%Operating margin2
42.4%Net margin2
120.8%Revenue growth, 20252
52.9%Return on equity2
1.05×Debt to equity2
-$24.8MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Service brought in 81% of the revenue Falcon's Beyond Global, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Service | $6.7M | $12.1M |
| Product | $0 | $2.8M |
Regions
United States brought in 91% of the revenue Falcon's Beyond Global, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $6.2M | $13.5M |
| Spain | $495.0K | $609.0K |
| Asia | $0 | $471.0K |
| AE | $0 | $279.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin72¢$25.5M
- Interest10¢$3.4M
- Income tax0¢$2.0K
- Profit18¢$6.3M
Out of $14.9M in revenue.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $14.9M | $6.7M |
| Project design and build expense | $2.4M | $0 |
| Cost of product sales | $1.6M | $0 |
| Selling, general and administrative expense ($141 and $126 related party for the years ended December 31, 2025 and 2024, respectively) | $25.5M | $22.4M |
| Transaction (credit) expenses | -$1.7M | $7.0K |
| Credit loss expense ($12 related party for the year ended December 31, 2024) | $0 | $12.0K |
| Research and development expense ($184 and $171 related party for the years ended December 31, 2025 and 2024, respectively) | $199.0K | $179.0K |
| Depreciation and amortization expense | $349.0K | $6.0K |
| Total operating expenses | $28.3M | $22.6M |
| Loss from operations | -$13.4M | -$15.9M |
| Share of gain (loss) from equity method investments | $17.0M | -$3.1M |
| Interest expense ($(1,712) and $(1,133) related party for the years ended ,December 31, 2025 and 2024, respectively) | -$3.4M | -$1.9M |
| Interest income | $12.0K | $12.0K |
| Change in fair value of warrant liabilities | $2.9M | -$836.0K |
| Change in fair value of earnout liabilities | $0 | $172.3M |
| Foreign exchange transaction gain (loss) | $2.1M | -$1.1M |
| Gain on bargain purchase of OES Acquisition | $1.1M | $0 |
| Net income before taxes | $6.3M | $149.5M |
| Income tax benefit (expense) | $2.0K | -$2.0K |
| Net income | $6.3M | $149.5M |
| Net income attributable to noncontrolling interest | $3.5M | $127.4M |
| Net income attributable to common stockholders | $2.8M | $22.1M |
| Net income per share, basic | $0.06 | $1.76 |
| Net income per share, diluted | $0.03 | $1.41 |
| Weighted average shares outstanding, basic (in Shares) | 39.2M shares | 12.5M shares |
| Weighted average shares outstanding, diluted (in Shares) | 39.3M shares | 12.7M shares |
| Foreign currency translation income | $1.4M | -$148.0K |
| Total comprehensive income | $7.7M | $149.3M |
| Comprehensive income attributable to noncontrolling interest | $4.3M | $127.3M |
| Total comprehensive income attributable to common stockholders | $3.5M | $22.0M |
| Credit loss expense - related party | $12.0K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents ($532 and $282 restricted cash as of December 31, 2025 and December 31, 2024, respectively) | $1.9M | $825.0K | |
| Accounts receivable ($2,533 and $1,713 related party as of December 31, 2025 and December 31, 2024, respectively) | $3.7M | $1.7M | |
| Contract assets | $3.3M | $0 | |
| Total current assets | $10.4M | $4.1M | |
| Investments and advances to equity method investments | $50.7M | $56.6M | |
| Operating lease right-of-use assets | $3.2M | $0 | |
| Property and equipment, net | $1.0M | $24.0K | |
| Intangible assets, net | $1.1M | $0 | |
| Other non-current assets | $341.0K | $513.0K | |
| Total assets | $66.7M | $61.2M | |
| Accounts payable ($215 and $1,669 related party as of December 31, 2025 and December 31, 2024, respectively) | $8.5M | $9.5M | |
| Accrued expenses and other current liabilities ($501 and $660 related party as of December 31, 2025 and December 31, 2024, respectively) | $16.4M | $25.9M | |
| Contract liabilities | $19.0K | $0 | |
| Operating lease liability, current | $460.0K | $0 | |
| Short term debt ($1,386 related party as of December 31, 2025) | $1.4M | $8.5M | |
| Long-term debt, current ($904 related party as of December 31, 2024) | $1.8M | $1.8M | |
| Total current liabilities | $28.5M | $45.6M | |
| Operating lease liability, net of current portion | $1.9M | $0 | |
| Long-term debt, net of current portion ($5,024 and $28,904 related party as of December 31, 2025 and December 31, 2024, respectively) | $12.5M | $31.0M | |
| Warrant liabilities | $0 | $4.7M | |
| Total liabilities | $42.9M | $81.3M | |
| 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) | $1.0K | $0 | |
| Additional paid-in capital | $55.8M | $37.8M | |
| Accumulated deficit | -$44.2M | -$46.5M | |
| Accumulated other comprehensive income (loss) | $387.0K | -$243.0K | |
| Total equity (deficit) attributable to common stockholders | $11.9M | -$9.0M | |
| Non-controlling interest | $11.9M | -$11.1M | |
| Total equity (deficit) | $23.8M | -$20.1M | -$489.0M |
| Total liabilities and equity | $66.7M | $61.2M | |
| Restricted cash | $532.0K | $282.0K | |
| Other current assets ($983 related party as of December 31, 2025) | $1.5M | $1.6M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, share authorized | 8.0M shares | 8.0M shares | |
| Preferred Stock outstanding (in Shares) | 6.7M shares | ||
| Preferred Stock issued (in Shares) | 6.7M shares | ||
| Preferred Stock, Liquidation Preference, Value | $33.6M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents ($532 and $282 restricted cash as of December 31, 2025 and December 31, 2024, respectively) | $1.9M | $825.0K | |
| Accounts receivable ($2,533 and $1,713 related party as of December 31, 2025 and December 31, 2024, respectively) | $3.7M | $1.7M | |
| Contract assets | $3.3M | $0 | |
| Total current assets | $10.4M | $4.1M | |
| Investments and advances to equity method investments | $50.7M | $56.6M | |
| Operating lease right-of-use assets | $3.2M | $0 | |
| Property and equipment, net | $1.0M | $24.0K | |
| Intangible assets, net | $1.1M | $0 | |
| Other non-current assets | $341.0K | $513.0K | |
| Total assets | $66.7M | $61.2M | |
| Accounts payable ($215 and $1,669 related party as of December 31, 2025 and December 31, 2024, respectively) | $8.5M | $9.5M | |
| Accrued expenses and other current liabilities ($501 and $660 related party as of December 31, 2025 and December 31, 2024, respectively) | $16.4M | $25.9M | |
| Contract liabilities | $19.0K | $0 | |
| Operating lease liability, current | $460.0K | $0 | |
| Short term debt ($1,386 related party as of December 31, 2025) | $1.4M | $8.5M | |
| Long-term debt, current ($904 related party as of December 31, 2024) | $1.8M | $1.8M | |
| Total current liabilities | $28.5M | $45.6M | |
| Operating lease liability, net of current portion | $1.9M | $0 | |
| Long-term debt, net of current portion ($5,024 and $28,904 related party as of December 31, 2025 and December 31, 2024, respectively) | $12.5M | $31.0M | |
| Warrant liabilities | $0 | $4.7M | |
| Total liabilities | $42.9M | $81.3M | |
| 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) | $1.0K | $0 | |
| Additional paid-in capital | $55.8M | $37.8M | |
| Accumulated deficit | -$44.2M | -$46.5M | |
| Accumulated other comprehensive income (loss) | $387.0K | -$243.0K | |
| Total equity (deficit) attributable to common stockholders | $11.9M | -$9.0M | |
| Non-controlling interest | $11.9M | -$11.1M | |
| Total equity (deficit) | $23.8M | -$20.1M | -$489.0M |
| Total liabilities and equity | $66.7M | $61.2M | |
| Restricted cash | $532.0K | $282.0K | |
| Other current assets ($983 related party as of December 31, 2025) | $1.5M | $1.6M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, share authorized | 8.0M shares | 8.0M shares | |
| Preferred Stock outstanding (in Shares) | 6.7M shares | ||
| Preferred Stock issued (in Shares) | 6.7M shares | ||
| Preferred Stock, Liquidation Preference, Value | $33.6M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $6.3M | $149.5M |
| Depreciation and amortization | $349.0K | $6.0K |
| Foreign exchange transaction gain | $0 | $1.1M |
| Share of (gain) loss from equity method investments | -$17.0M | $3.1M |
| Interest converted to preferred stock | $441.0K | $0 |
| Credit loss expense ($12 related party for the year ended December 31, 2024) | $0 | $12.0K |
| Change in fair value of earnouts | $0 | -$172.3M |
| Change in fair value of warrants | -$2.9M | $836.0K |
| Share based compensation expense | $1.7M | $1.5M |
| Loss on sale of equipment | $1.0K | $2.0K |
| Gain on bargain purchase of OES Acquisition | -$1.1M | $0 |
| Accounts receivable ($(820) and $(1,093) related party for the years ended December 31, 2025 and 2024, respectively) | -$2.1M | -$1.1M |
| Contract assets | -$3.3M | $0 |
| Deferred transaction costs | $588.0K | -$588.0K |
| Other current assets | $530.0K | $55.0K |
| Other non-current assets | $241.0K | -$249.0K |
| Accounts payable ($1,454 and $312 related party for the years ended December 31, 2025 and 2024, respectively) | -$1.5M | $7.2M |
| Accrued expenses and other current liabilities ($158 and $456 related party for the years ended December 31, 2025 and 2024, respectively) | -$7.1M | $3.8M |
| Contract liabilities | $19.0K | $0 |
| Operating lease assets and liabilities | $152.0K | $0 |
| Other long-term payables | $0 | -$5.5M |
| Net cash used in operating activities | -$24.6M | -$12.6M |
| Purchase of property and equipment | -$153.0K | -$11.0K |
| Proceeds from sale of equipment | $2.0K | $2.0K |
| Short-term advances to affiliate ($(983) related party for the year ended December 31, 2025) | -$983.0K | $0 |
| Distribution from equity method investment PDP | $27.0M | $0 |
| OES Acquisition | -$1.6M | $0 |
| Net cash provided by (used) in investing activities | $24.2M | -$9.0K |
| Proceeds from issuance of Series B preferred stock ($1,500 related party for the year ended December 31, 2025) | $11.8M | $0 |
| Proceeds from debt related party | $750.0K | $7.2M |
| Proceeds from debt - third party | $0 | $1.2M |
| Repayment of debt related party | -$268.0K | -$2.3M |
| Repayment of debt third party | -$2.7M | -$1.7M |
| Proceeds from related party credit facilities | $1.8M | $12.5M |
| Repayment of related party credit facilities | -$5.4M | -$5.4M |
| Payment of excise tax on FAST sponsor share redemptions | -$2.5M | |
| Proceeds from exercised warrants | $0 | $365.0K |
| Proceeds from RSUs issued to affiliates | $712.0K | $837.0K |
| Settlement of RSUs | -$545.0K | $0 |
| Net cash provided by financing activities | $3.7M | $12.9M |
| Net increase (decrease) in cash and cash equivalents | $3.3M | $292.0K |
| Foreign exchange impact on cash | -$2.2M | -$139.0K |
| Cash paid for interest | $3.1M | $518.0K |
| Debt to series B preferred stock conversion - principal | $20.3M | $0 |
| Accrued interest capitalized as debt principal | $0 | $273.0K |
| Conversion of warrants to common shares, Class A | $1.8M | $7.1M |
| Conversion of Class B Common Stock to Class A Common Stock | $691.0K | $20.3M |
| Release of earnout Common shares from escrow | $0 | $66.3M |
| Reclassification of earnout shares to equity | $0 | $250.1M |
| Credit loss expense from related party | $12.0K | |
| Accounts receivable | -$820.0K | -$1.1M |
| Short-term advances to affiliate, related party | -$983.0K | |
| Proceeds from issuance of Series B preferred stock, related party | $1.5M | |
| Accounts payable | $1.5M | $312.0K |
| Accrued expenses and other current liabilities | $158.0K | $456.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Falcon's Beyond Global, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
2025
- Chief executive officerCecil D. Magpuri Oct 6, 2023 to Oct 1, 202410
- ChairL. Scott Demerau Oct 6, 2023 to Nov 22, 202311
- PresidentSimon J. Philips Oct 6, 2023 to Dec 22, 202312
- Chief financial officerJoanne Merrill Oct 6, 2023 to now13
Board members and other officers (11)
- Chief Development OfficerDavid Michael Schaefer Oct 6, 2023 to Dec 22, 202314
- Chief Corporate OfficerYvette Whittaker Oct 6, 2023 to now15
- Board memberVera Iraida Que De Feb 17, 2026 to now16
- Board memberMarie L. Kim Dec 16, 2025 to now17
- Board memberJarrett T. Bostwick Feb 16, 2024 to Dec 30, 202418
- Board memberGino P. Lucadamo Oct 4, 2024 to now19
- Board memberCecil D. Magpuri Oct 6, 2023 to Oct 1, 202410
- Board memberRamin Arani Oct 6, 2023 to Oct 6, 202320
- Board memberSandy Beall Oct 6, 2023 to Dec 30, 202421
- Board memberSimon J. Philips Oct 6, 2023 to Dec 22, 202312
- Board memberWilliam Douglas Jacob Oct 6, 2023 to Dec 30, 202422
Former names
- Falcons Beyond Global, Inc.Jul 14, 2022 to Jul 19, 20223
Timeline
- Oct 6, 2023New chief executive Cecil D. Magpuri becomes CEO10
Filings
269 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 50 major events, 78 insider forms, 19 large holders, 109 other. The latest 20:
- Sep 30, 20264 EDGAR
- Sep 30, 2026SCHEDULE 13D/A EDGAR
- Sep 4, 20268-K EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 20268-K EDGAR
- Jun 16, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 12, 20268-K EDGAR
- Jun 5, 20268-K EDGAR
- May 21, 20268-K CURRENT REPORT EDGAR
- May 20, 2026CERT EDGAR
- May 19, 20268-A12B FOR REGISTRATION OF CERTAIN CLASSES EDGAR
- May 14, 20268-K EDGAR
- May 14, 202610-Q EDGAR
- May 8, 2026SCHEDULE 13D/A EDGAR
- May 6, 20264 EDGAR
- Apr 30, 2026DEFA14A EDGAR
- Apr 30, 2026DEF 14A EDGAR
- Apr 17, 20268-K CURRENT REPORT EDGAR
The 269 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
9 open-market trades by officers, directors and large owners since October 2021: 1 buys and 8 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 14, 2026 | Infinite Acquisitions Partners LLC10% owner | Sale | 3,950,000 | Form 4 | ||
| Mar 9, 2026 | Erudite Cria, Inc.10% owner | Sale | 2,350,068 | Form 4 | ||
| Mar 9, 2026 | Infinite Acquisitions Partners LLC10% owner | Sale | 2,350,068 | Form 4 | ||
| Sep 5, 2025 | Whittaker YvetteChief Corporate Officer | Sale | 300 | $6.55 | $2.0K | Form 4 |
| Sep 3, 2025 | Whittaker YvetteChief Corporate Officer | Sale | 600 | $6.91 | $4.1K | Form 4 |
| Dec 31, 2024 | Erudite Cria, Inc.10% owner | Sale | 260,642 | Form 4 | ||
| Jun 18, 2024 | FAST Sponsor II LLC10% owner | Sale | 2,091,544 | Form 4 | ||
| Jun 14, 2024 | Infinite Acquisitions Partners LLC10% owner | Sale | 400,000 | Form 4 | ||
| Jun 14, 2024 | Katmandu Ventures, LLC10% owner | Buy | 1,745,906 | $3.62 | $6.3M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Infinite Acquisitions Partners LLCSCHEDULE 13D/A, 9 filings Feb 13, 2024 to Sep 30, 202623
- Katmandu Ventures, LLCSCHEDULE 13D/A, 3 filings Feb 13, 2024 to Jan 30, 202624
- Brass Ring TrustSCHEDULE 13D/A, 2 filings Feb 13, 2024 to Jan 14, 202625
- Tillman's Corner TrustSCHEDULE 13D/A, 2 filings Feb 13, 2024 to Jan 14, 202626
- CilMar Ventures, LLC Series ASC 13D, 1 filing Feb 13, 202427
- FAST Sponsor II LLCSC 13D/A, 2 filings Oct 16, 2023 to Dec 4, 202328
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 58. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 1,512,189 | $27.1M | 0.0% | +518,278 |
| Geode Capital Management, LLC | 572,538 | $10.3M | 0.0% | +161,244 |
| State Street Corp | 399,673 | $7.2M | 0.0% | +187,164 |
| Northern Trust Corp | 195,449 | $3.5M | 0.0% | +73,073 |
| Vanguard Portfolio Management LLC | 193,538 | $3.5M | 0.0% | +90,712 |
| Vanguard Capital Management LLC | 185,169 | $3.3M | 0.0% | +5,832 |
| Vanguard Fiduciary Trust Co | 114,094 | $2.0M | 0.0% | +17,409 |
| Charles Schwab Investment Management Inc | 73,699 | $1.3M | 0.0% | +27,273 |
| Nuveen, LLC | 63,277 | $1.1M | 0.0% | +45,659 |
| Bank of New York Mellon Corp | 59,538 | $1.1M | 0.0% | +30,467 |
| AllGen Financial Advisors, Inc. | 43,173 | $773.7K | 0.2% | No change |
| Wealth Enhancement Advisory Services, LLC | 51,118 | $753.0K | 0.0% | +86 |
| Rhumbline Advisers | 31,338 | $561.6K | 0.0% | +20,726 |
| Deutsche Bank Ag\ | 27,865 | $499.3K | 0.0% | +17,725 |
| DNB Asset Management AS | 27,156 | $486.6K | 0.0% | New |
| Bank Of America Corp /de/ | 25,656 | $459.8K | 0.0% | +2,751 |
| Wells Fargo & Company/mn | 25,545 | $457.8K | 0.0% | +19,160 |
| Morgan Stanley | 20,410 | $365.7K | 0.0% | +1,539 |
| UBS Group AG | 19,314 | $346.1K | 0.0% | −7,828 |
| Jpmorgan Chase & Co | 19,826 | $335.1K | 0.0% | +12,406 |
| MetLife Investment Management, LLC | 16,887 | $302.6K | 0.0% | New |
| Invesco Ltd. | 14,991 | $268.6K | 0.0% | +3,886 |
| Citigroup Inc | 13,758 | $246.5K | 0.0% | +13,108 |
| Coppell Advisory Solutions LLC | 1,242 | $243.5K | 0.0% | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 12,896 | $231.1K | 0.0% | +4,714 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 11SEC EDGARL. Scott Demerau, Chair
- 12SEC EDGARSimon J. Philips, President
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- 16SEC EDGARVera Iraida Que De, Board member
- 17SEC EDGARMarie L. Kim, Board member
- 18SEC EDGARJarrett T. Bostwick, Board member
- 19SEC EDGARGino P. Lucadamo, Board member
- 20SEC EDGARRamin Arani, Board member
- 21SEC EDGARSandy Beall, Board member
- 22SEC EDGARWilliam Douglas Jacob, Board member
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