11 months ago
Epic Universe Drives Double-Digit Gains for Comcast's Theme Parks
Comcast just reported how great their new theme park, Epic Universe, is doing!
It's like a big new playground that opened recently.
In the last three months, it helped make their theme park business a lot more money, about 19% more than last year.
The park is so popular that people are spending more money when they visit.
It also has attractions based on popular movies like Super Mario Bros.
The people in charge at Comcast said that the park is so new and advanced, they are still working out a few small problems to make sure everyone has a super fun time.
They expect it to get even better and busier in the next few months and into next year, bringing in even more happy visitors and money.
Comcast's theme park revenue increased by 19% year-over-year to $2.7 billion in Q3.
Epic Universe, which opened in Orlando, FL, drove significant gains in its first full quarter of operation.
EBITDA for the theme park division rose 13% to $958 million.
Executives anticipate further growth as they work to increase ride capacity and operational efficiency at Epic Universe.
Comcast expects higher attendance, stronger per-capita spending, and improved operating leverage from Epic Universe in 2026.
- Who
- Comcast (theme park unit)
- What
- Experienced double-digit gains driven by the new Epic Universe theme park.
- Where
- Orlando, Florida
- When
- First full quarter of operation for Epic Universe (Q3, ended September 30).
- Why
- Epic Universe is attracting visitors and increasing per capita spending, contributing to revenue and EBITDA growth for Comcast's theme park division.
Key facts
- Quarter
- Q3 (ended September 30)
- Theme Park Revenue
- $2.7 billion
- Revenue Growth
- 19% year-over-year
- EBITDA
- $958 million
- EBITDA Growth
- 13%
- New Park
- Epic Universe
- Park Location
- Orlando, FL
Quotes
Mike Cavanagh
Co-CEO of Comcast
“has been less cannibalization of attendance from our two preexisting parks than we expected.”
deadline.com
“driving higher per capita spending and attendance across the entirety of Universal Orlando”
deadline.com
Jason Armstrong
CFO of Comcast
“higher attendance, stronger per-caps, and improved operating leverage”
deadline.com
