Falcon's Beyond Global, Inc. (FBYD) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FBYD SEC filings page.
Falcon's Beyond Global, Inc. (FBYD) reported $21.6M in revenue over the twelve months to Jun 30, 2026, up 181.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Falcon's operations remain cash-consuming, while 2025's accounting profit and restored equity mask severe short-term funding pressure.
The earnings-quality gap is the central issue: 2025 reported net income of$6.3M alongside operating cash flow of-$24.6M , while 2024 showed$149.5M of net income despite a$15.9M operating loss. That disconnect indicates reported profits were driven largely outside recurring operations rather than by cash-generating execution.
Revenue more than doubled from
The balance sheet improved from negative equity of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Falcon's Beyond Global, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Falcon's Beyond Global, Inc. has an operating margin of -90.0%, meaning the company loses $90 on every $100 of revenue. This results in a profitability score of 18/100. This is up from -235.2% the prior year.
Falcon's Beyond Global, Inc.'s revenue surged 120.8% year-over-year to $14.9M, reflecting rapid business expansion. This strong growth earns a score of 10/100.
Falcon's Beyond Global, Inc. has a moderate D/E ratio of 1.05. This balance of debt and equity financing earns a leverage score of 46/100.
Falcon's Beyond Global, Inc.'s current ratio of 0.36 is below the typical benchmark, resulting in a score of 2/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Falcon's Beyond Global, Inc.'s reported free cash flow margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 2/100.
Falcon's Beyond Global, Inc. generates a 52.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100.
Falcon's Beyond Global, Inc. scores 4.00, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($407.1M) relative to total liabilities ($42.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Falcon's Beyond Global, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Falcon's Beyond Global, Inc. used $3.90 of operating cash (-$24.6M OCF vs $6.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Falcon's Beyond Global, Inc. reported an operating loss of $13.4M against $3.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Falcon's Beyond Global, Inc. generated $5.6M in revenue in Q2 2026. This represents an increase of 120.4% from the same quarter a year earlier. Against the prior quarter it is up 4.5%.
Falcon's Beyond Global, Inc.'s EBITDA was -$132K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 89.9% from the same quarter a year earlier. Against the prior quarter it is down 102.0%.
Falcon's Beyond Global, Inc. reported -$160K in net income in Q2 2026. This represents a decrease of 101.4% from the same quarter a year earlier. Against the prior quarter it is down 105.2%.
Cash & Balance Sheet
Falcon's Beyond Global, Inc. generated $2.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 130.4% from the same quarter a year earlier. Against the prior quarter it is up 186.9%.
Falcon's Beyond Global, Inc. held $3.1M in cash against $7.6M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Falcon's Beyond Global, Inc.'s operating margin was -4.7% in Q2 2026, reflecting core business profitability. This is up 48.3 percentage points from the same quarter a year earlier.
Falcon's Beyond Global, Inc.'s net profit margin was -2.9% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is down 60.0 percentage points. No change is given against Q2 2025: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Falcon's Beyond Global, Inc.'s ROE was -1.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2712.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 21.7 percentage points.
Not reported for Q2 2026.
Capital Allocation
Falcon's Beyond Global, Inc. reported no research and development spending in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier.
Falcon's Beyond Global, Inc. invested $2K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 83.3%.
Not reported for Q2 2026.
FBYD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M+120.4% | $5.4M+214.8% | $6.6M+383.5% | $4.1M+95.9% | $2.5M+41.8% | $1.7M+12.7% | $1.4M-36.6% | $2.1M+30.9% |
| R&D Expenses | $0-100.0% | $0-100.0% | N/A | N/A | $83K+730.0% | $118K+637.5% | $114K+3700.0% | $39K-88.8% |
| SG&A Expenses | $7.7M+15.2% | $7.7M+22.8% | $6.4M+9.7% | $6.2M+37.5% | $6.6M+25.2% | $6.3M-7.3% | $5.8M+20.3% | $4.5M+3.7% |
| Operating Income | -$262K+80.6% | $6.5M+202.4% | -$2.0M+55.5% | -$3.7M-49.7% | -$1.4M+61.7% | -$6.3M-19.3% | -$4.6M+77.4% | -$2.5M+87.9% |
| EBITDA | -$132K+89.9% | $6.6M+204.5% | -$1.9M+58.5% | -$3.5M-42.9% | -$1.3M+62.8% | -$6.3M-19.3% | -$4.6M+77.5% | -$2.5M+87.9% |
| Interest Expense | $218K-74.1% | $174K-86.9% | $281K-63.5% | $930K+120.9% | $841K+92.0% | $1.3M+395.2% | $770K+203.1% | $421K+31.2% |
| Income Tax | $0 | $0+100.0% | $0-100.0% | -$1K | $0 | -$1K0.0% | $3K+101.0% | $0+100.0% |
| Net Income | -$160K-101.4% | $3.1M+185.0% | $9.1M+176.8% | -$10.4M-126.5% | $11.2M+39.8% | -$3.6M-103.2% | -$11.9M+75.1% | $39.3M+811.9% |
| EPS (Basic) | -$0.01-103.3% | $0.05+150.0% | -$0.01+97.0% | -$0.13-126.5% | $0.30+200.0% | -$0.10-106.3% | -$0.33+95.1% | $0.49 |
| EPS (Diluted) | -$0.01 | $0.05 | -$0.01+90.9% | -$0.13-133.3% | $0.30 | -$0.13 | -$0.11 | $0.39 |
| Diluted Shares (Avg) | 49M | 49M | N/A | 38M+205.0% | 38M+210.6% | 38M | N/A | 12M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
FBYD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $63.6M-28.7% | $62.4M+9.9% | $66.7M+8.9% | $66.8M+0.4% | $89.2M+35.3% | $56.7M-16.3% | $61.2M-3.4% | $66.5M |
| Current Assets | $16.1M-43.6% | $10.5M+295.3% | $10.4M+150.9% | $11.9M+475.9% | $28.5M+928.4% | $2.7M-56.8% | $4.1M+70.2% | $2.1M |
| Cash & Equivalents | $3.1M-88.1% | $1.2M+6.1% | $1.9M+126.4% | $4.3M+414.1% | $26.1M+1466.3% | $1.1M+5.5% | $825K+22.8% | $828K+123.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $5.6M+311.6% | $5.5M+768.8% | $3.7M+116.4% | $2.8M+1186.8% | $1.4M+3891.2% | $628K-65.0% | $1.7M+146.6% | $219K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $48.6M-45.0% | $47.4M-30.6% | $42.9M-47.3% | $47.0M-38.2% | $88.3M-20.2% | $68.3M-47.2% | $81.3M-32.5% | $76.0M |
| Current Liabilities | $24.5M-56.2% | $23.4M-55.1% | $28.5M-37.5% | $38.9M-1.1% | $56.0M | $52.1M | $45.6M | $39.4M |
| Non-Current Liabilities | $24.0M-25.6% | $24.0M+48.2% | $14.4M-59.7% | $8.0M-78.1% | $32.3M+622.1% | $16.2M+123.8% | $35.7M+138.0% | $36.6M |
| Long-Term Debt | $7.6M-74.9% | $7.5M-75.5% | $12.5M-59.8% | $6.0M-76.5% | $30.2M+52.0% | $30.6M+49.3% | $31.0M+34.9% | $25.5M |
| Total Equity | $15.1M+3537.4% | $14.9M+228.6% | $11.9M+233.0% | $9.2M+747.2% | $414K+100.9% | -$11.6M+81.2% | -$9.0M+84.3% | -$1.4M |
| Retained Earnings | -$42.3M-8.6% | -$41.6M+17.0% | -$44.2M+4.9% | -$43.3M+2.3% | -$38.9M+22.4% | -$50.2M+2.5% | -$46.5M+32.2% | -$44.3M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
FBYD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.4M+130.4% | -$2.8M-391.2% | -$4.3M-13.9% | -$13.3M-461.4% | -$7.9M-202.0% | $945K+125.1% | -$3.8M+45.8% | -$2.4M+37.7% |
| Depreciation & Amortization | $130K+225.0% | $134K+3250.0% | $137K+6750.0% | $168K+16700.0% | $40K+1900.0% | $4K+300.0% | $2K+100.0% | $1K-98.3% |
| Stock-Based Compensation | $600K+100.0% | $720K+35.6% | N/A | $400K0.0% | $300K-25.0% | $531K+53.5% | N/A | $400K |
| Capital Expenditures | $2K | $12K-87.0% | $20K+900.0% | $41K+925.0% | $0-100.0% | $92K+2200.0% | $2K+100.0% | $4K-83.3% |
| Free Cash Flow | $2.4M+130.4% | -$2.8M-424.0% | -$4.3M-14.4% | -$13.4M-462.1% | -$7.9M-201.9% | $853K+122.6% | -$3.8M+45.8% | -$2.4M+38.0% |
| Investing Cash Flow | -$321K-101.3% | $1.2M+1442.2% | $1.0M+50100.0% | -$2.0M-102100.0% | $25.3M+1111.0% | -$90K+95.7% | -$2K+99.6% | -$2K-100.1% |
| Financing Cash Flow | -$156K-102.1% | $849K+241.3% | $939K-76.1% | -$4.2M-372.3% | $7.5M+546.0% | -$601K-109.6% | $3.9M-47.3% | $1.5M+160.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FBYD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -4.7%+48.3pp | 120.7% | -30.9% | -90.9% | -53.0% | -371.1% | -335.6% | -119.0% |
| Net Margin | -2.9% | 57.1% | 138.4% | -256.8% | 440.4% | -211.6% | -871.7% | 1899.5% |
| Return on Equity | -1.1%-2712.7pp | 20.6% | 76.4% | -113.8% | 2711.6% | N/A | N/A | N/A |
| Return on Assets | -0.3%-12.8pp | 4.9%+11.3pp | 13.7%+33.1pp | -15.6%-74.6pp | 12.6%+0.4pp | -6.4%-174.6pp | -19.4%+55.8pp | 59.1% |
| Current Ratio | 0.66+0.1x | 0.45+0.4x | 0.36+0.3x | 0.31+0.3x | 0.51 | 0.05 | 0.09 | 0.05 |
| Debt-to-Equity | 0.50-72.4x | 0.50 | 1.05 | 0.65 | 72.89 | N/A | N/A | N/A |
| Asset Turnover | 0.09+0.1x | 0.09+0.1x | 0.10+0.1x | 0.060.0x | 0.030.0x | 0.030.0x | 0.020.0x | 0.03 |
| FCF Margin | 42.8% | -51.4%-101.4pp | -66.0% | -329.6% | -310.1% | 49.9% | -278.7% | -114.9% |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.36), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Falcon's Beyond Global, Inc. FBYD | FY2025 | $14.9M | $6.3M | 42.4% | $407.1M | 16/100 |
| Tejon Ranch Co. TRC | FY2025 | $49.6M | $75K | 0.1% | $441.8M | 42/100 |
| FTAI Infrastructure Inc. FIP | FY2025 | $502.5M | -$152.1M | -30.3% | $304.9M | 21/100 |
| Boston Omaha Corporation BOC | FY2025 | $114.4M | -$12.4M | -10.9% | $384.4M | 30/100 |
| Matthews International Corp MATW | FY2025 | $1.5B | -$24.5M | -1.6% | $581.8M | 26/100 |
Where Falcon's Beyond Global, Inc. Ranks
Frequently Asked Questions
What is Falcon's Beyond Global, Inc.'s annual revenue?
Falcon's Beyond Global, Inc. (FBYD) reported $14.9M in total revenue for fiscal year 2025. This represents a 120.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Falcon's Beyond Global, Inc.'s revenue growing?
Falcon's Beyond Global, Inc. (FBYD) revenue grew by 120.8% year-over-year, from $6.7M to $14.9M in fiscal year 2025.
Is Falcon's Beyond Global, Inc. profitable?
Yes, Falcon's Beyond Global, Inc. (FBYD) reported a net income of $6.3M in fiscal year 2025, with a net profit margin of 42.4%.
What is Falcon's Beyond Global, Inc.'s EBITDA?
Falcon's Beyond Global, Inc. (FBYD) had EBITDA of -$13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Falcon's Beyond Global, Inc. have?
As of fiscal year 2025, Falcon's Beyond Global, Inc. (FBYD) had $1.9M in cash and equivalents against $12.5M in long-term debt.
What is Falcon's Beyond Global, Inc.'s operating margin?
Falcon's Beyond Global, Inc. (FBYD) had an operating margin of -90.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Falcon's Beyond Global, Inc.'s net profit margin?
Falcon's Beyond Global, Inc. (FBYD) had a net profit margin of 42.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Falcon's Beyond Global, Inc.'s return on equity (ROE)?
Falcon's Beyond Global, Inc. (FBYD) has a return on equity of 52.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Falcon's Beyond Global, Inc.'s free cash flow?
Falcon's Beyond Global, Inc. (FBYD) recorded an outflow of $24.8M in free cash flow during fiscal year 2025. This represents a -97.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Falcon's Beyond Global, Inc.'s operating cash flow?
Falcon's Beyond Global, Inc. (FBYD) recorded an outflow of $24.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Falcon's Beyond Global, Inc.'s total assets?
Falcon's Beyond Global, Inc. (FBYD) had $66.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Falcon's Beyond Global, Inc.'s capital expenditures?
Falcon's Beyond Global, Inc. (FBYD) invested $153K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Falcon's Beyond Global, Inc.'s current ratio?
Falcon's Beyond Global, Inc. (FBYD) had a current ratio of 0.36 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Falcon's Beyond Global, Inc.'s debt-to-equity ratio?
Falcon's Beyond Global, Inc. (FBYD) had a debt-to-equity ratio of 1.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Falcon's Beyond Global, Inc.'s return on assets (ROA)?
Falcon's Beyond Global, Inc. (FBYD) had a return on assets of 9.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Falcon's Beyond Global, Inc.'s P/E ratio?
Falcon's Beyond Global, Inc. (FBYD) trades at 252x earnings, its market capitalization divided by net income of $1.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $407.1M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Falcon's Beyond Global, Inc.'s price-to-sales ratio?
Falcon's Beyond Global, Inc. (FBYD) trades at 18.8x sales, its market capitalization divided by revenue of $21.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $407.1M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Falcon's Beyond Global, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Falcon's Beyond Global, Inc. (FBYD) held $1.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $24.6M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Falcon's Beyond Global, Inc.'s Altman Z-Score?
Falcon's Beyond Global, Inc. (FBYD) has an Altman Z-Score of 4.00, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Falcon's Beyond Global, Inc.'s Piotroski F-Score?
Falcon's Beyond Global, Inc. (FBYD) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Falcon's Beyond Global, Inc.'s earnings high quality?
For every $1 of reported earnings, Falcon's Beyond Global, Inc. (FBYD) used $3.90 of operating cash (-$24.6M OCF vs $6.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Falcon's Beyond Global, Inc. cover its interest payments?
Falcon's Beyond Global, Inc. (FBYD) reported an operating loss of $13.4M against $3.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Falcon's Beyond Global, Inc.?
Falcon's Beyond Global, Inc. (FBYD) scores 16 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.