Falcon's Beyond Global (FBYD) financial statements
Falcon's Beyond Global reported revenue of $15M in fiscal 2025, down 2.3% a year over 3 years.
Net income was $3M and the operating margin -90.0%, against -108.7% in 2022.
Free cash flow was -$25M.
The diluted share count rose 361% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Falcon's Beyond Global's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $16M | $18M | $7M | $15M |
| Research and development | $3M | $1M | $179,000 | — |
| Selling, general and admin | $18M | $28M | $22M | $25M |
| Operating income | -$17M | -$57M | -$16M | -$13M |
| Interest expense | $1M | $1M | $2M | $3M |
| Pre-tax income | -$17M | -$431M | $149M | $6M |
| Income tax | — | -$325,000 | $2,000 | -$2,000 |
| Net income | -$17M | -$48M | $22M | $3M |
| EPS (diluted) | — | -$5.59 | $1.41 | $0.03 |
| Diluted shares | — | 9M | 13M | 39M |
| Operating margin | -108.7% | -313.3% | -235.2% | -90.0% |
| Net margin | -109.3% | -260.9% | 327.0% | 19.1% |
Balance sheet
Fiscal years, from Falcon's Beyond Global's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $8M | $672,000 | $825,000 | $2M |
| Receivables | $3M | $696,000 | $2M | $4M |
| Inventory | $407,000 | — | — | — |
| Total current assets | $17M | $2M | $4M | $10M |
| Property, plant and equipment | $802,000 | $23,000 | $24,000 | $1M |
| Goodwill | $11M | — | — | — |
| Total assets | $112M | $63M | $61M | $67M |
| Total current liabilities | $17M | $214M | $46M | $29M |
| Long-term debt | $26M | $23M | $31M | $12M |
| Total liabilities | $44M | $552M | $81M | $43M |
| Shareholders' equity | $68M | -$57M | -$9M | $12M |
| Net debt | $25M | $29M | $32M | $12M |
Cash flow
Fiscal years, from Falcon's Beyond Global's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$19M | -$23M | -$13M | -$25M |
| Capital spending | $320,000 | $308,000 | $11,000 | $153,000 |
| Free cash flow | -$20M | -$24M | -$13M | -$25M |
| Stock-based compensation | — | $68,000 | $1M | $2M |
| Free cash flow margin | -122.9% | -130.1% | -186.3% | -166.2% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for FBYD.
Open FBYD in InvestinglyQuestions
What was Falcon's Beyond Global's revenue in 2025?
$15M in fiscal 2025, from its 10-K filing.
How much free cash flow does Falcon's Beyond Global generate?
-$25M in fiscal 2025 (operating cash flow minus capital spending).
From Falcon's Beyond Global's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.