Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) Stock

Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) is a Communication Services stock trading at $10.66 (as of 2026-08-20), with a market capitalization of $526.08M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Falcon’s Beyond Global, Inc. develops, owns, and operates themed entertainment destinations and related venues, including hotels, theme parks, and retail, dining, and entertainment facilities. It also provides services such as master planning, media and audio production, project management, experiential technologies, attraction hardware development, and procurement, serving themed entertainment projects and brands.

Understand Falcon's Beyond Global, Inc. Class A Common Stock: how it makes money

Falcon's Beyond Global develops, owns, and operates themed entertainment resorts, hotels, and theme parks, and it also monetizes themed storytelling through creative, media, planning, and project services such as master planning, media and audio production, project management, experiential technologies, attraction hardware development, procurement, and licensing.

The key driver of profitability is converting its Contracted Pipeline (including the Contracted Pipeline for Falcon's Creative Group) into realized revenue, given the company also operates and develops themed venues and provides related creative and project services.

Revenue by segment (latest quarter)
Creative$0.0B

Business quality (Exceptional): Usable operating indicators exist (Contracted Pipeline and Falcon's Creative Group pipeline), but the segment breakdown is thin (only one segment revenue shown) and several revenue line items are 0.0B, so interpret results cautiously (gross margin is not provided).

Valuation: At 78× earnings, FBYD trades 48% above the Entertainment average (53×). Note: one-time items can distort reported P/E.

Bull case

  • Pipeline indicates forward work: Contracted Pipeline is higher than the latest Consolidated Revenue figure, suggesting potential backlog to convert into revenue.
  • Creative and themed-venue model is built around multiple monetization routes: The company operates themed entertainment resorts and venues while also providing creative, media, planning, and project services and licensing, which can diversify how revenue is generated.

Bear case

  • Reported revenue composition is heavily constrained in the provided data: Revenue From Services and Revenue From Product Sales are both shown as 0.0B in the provided candidates, and joint venture revenue is shown as 0.0B, limiting visible diversification in this dataset.
  • Profitability signal may be hard to reconcile with limited detail: The latest operating_margin_pct is reported at 120.7%, but gross_margin_pct is not provided, and the small Consolidated Revenue figure (0.01B) can make reported profitability sensitive to accounting and timing.
  • Execution risk if pipeline does not convert: Because the profit model is tied to converting Contracted Pipeline into revenue, any delay or failure to execute pipeline could pressure realized results.
Valuation — source: SEC EDGAR (first-party)
Price$10.66
Market Cap$526.08M
EV / EBITDA56.2
Price / Book17.59
Price / Sales25.76
FCF Yield-5.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$14.90M
Net Margin42.4%
Revenue Growth (YoY)120.8%
EPS Growth (YoY)-96.6%
FCF Growth (YoY)97.1%
Financial Health — source: SEC EDGAR
Altman Z-Score4.16 (safe)
Valuation vs Sector & Industry
Sector P/E (Communication Services)24.4
Industry P/E (Entertainment)39.5
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($14.01M)
Institutional Holders Tracked10
Company
SectorCommunication Services
IndustryEntertainment
CEOCecil D. Magpuri
Employees207
CountryUS
IPO Date2023-10-06

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FBYD earnings history · FBYD institutional & insider holders · FBYD KPIs & operating metrics · FBYD financials · FBYD investor presentations & press releases · FBYD SEC filings · FBYD peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.