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Universal Theme Parks Revenue Climbs in Quarter 2 as Attendance Softens Heading Into Summer
Universal’s theme park business brought in more money during the second quarter of 2026, but Comcast’s latest earnings report shows that rising operating costs and softer-than-expected attendance took some of the sparkle out of the results. Theme park revenue reached $2.413 billion for the quarter ending June 30, an increase of 2.7% compared with $2.349 billion during the same period last year.
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Comcast credited the revenue increase primarily to its Orlando theme parks and the continued impact of Epic Universe, which opened in May 2025. The new park gave Universal Orlando Resort an additional gate for the entire quarter, unlike the year-earlier period when Epic Universe was only operating for part of the quarter. Lower revenue from Universal’s international parks partially offset those Orlando gains.
Despite bringing in more revenue, adjusted EBITDA for the theme park division fell 5.1%, dropping from $641 million last year to $609 million this quarter. Operating expenses increased 5.7% to $1.805 billion, outpacing the growth in revenue. Comcast attributed those higher expenses primarily to the cost of operating its domestic theme parks, including the expanded Universal Orlando Resort.
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Comcast also acknowledged near-term softness across its theme park business, with attendance beginning to soften in June and landing below the company’s expectations. Comcast did not disclose specific attendance figures or explain how attendance compared with the same period last year, so the report does not show whether total visitation increased or decreased year over year.
The takeaway is a bit of a financial roller coaster: Epic Universe helped push Orlando revenue higher, but attendance pressure and the expense of operating a larger resort pulled earnings lower. Guests planning their own trip through the portals of Universal Orlando can contact our partners at Get Away Today for help finding vacation packages, tickets, and hotel options.
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