Universal First Quarter 2026 Results

[Mad Dog]

Comcast released their First Quarter results, and they were good for the Orlando parks.

Overall, Universal experienced a 24.2% increase in revenue to $2.3 billion. EBITDA was $553million, a 33% increase.

Comcast execs. stated, "Orlando continues to perform extremely well, with Epic driving strong resort attendance and higher per cap spending".

On the Asian parks, its another story. The execs. said, "Partially offsetting strong growth in Orlando is some pressure at our other parks. ....Specifically in
Osaka.....and Beijing, we're navigating a more challenging macroeconomic environment.'

The next two quarterly reports will be more revealing since the results will include both partial and full results from 2025 Epic opening figures. Bottom
line, good news from Orlando but troubling results from Asia.

 

[Jerroddragon]

I'm happy to hear things seem mostly good. Would love to hear USH numbers because the size of spring break didn't feel as heavy as years before

But happy to hear for now things are up and assume USH should have a strong summer because of the coaster, the Texas park I assume does well for at least its first quarter and hopefully Epic keeps the traffic up in Orlando

 

[Legacy]

I have a feeling that Asian tourism is now very much out of the COVID doldrums, which is allowing more international tourism for Japan and Chinese residents, which is eating into their domestic parks. That’s a hunch, of course. It requires looking at Asian tourism holistically. But based on what I saw in Korea up until 2024, that’s where my gut is sitting.

Orlando (and America) got out of that slowdown much quicker.

 

[Mad Dog]

I'm happy to hear things seem mostly good. Would love to hear USH numbers because the size of spring break didn't feel as heavy as years before

But happy to hear for now things are up and assume USH should have a strong summer because of the coaster, the Texas park I assume does well for at least its first quarter and hopefully Epic keeps the traffic up in Orlando

USH was probably flat or declined since the release only mentioned Orlando as doing well. But, as you said, once the coaster opens the USH numbers will probably jump. Of course, all these numbers are still in a fluid state since Epic wasn't open to paid attendance in 2025's first quarter. Year to year numbers will mean more once they're compared to a completely opened three months, which will be the third 2026 quarterly report. If we remember, Universal revenue numbers spiked during the first year they had controlling interest in Osaka. So, we always need to look at the numbers with a full understanding of what they encompass.