Universal Theme Parks Report Record-Breaking Earnings for Q3 2023

Shannen Ace

Updated on:

Universal Theme Parks Report Record-Breaking Earnings for Q3 2023

Shannen Ace

Updated on:

Universal Theme Parks Report Record-Breaking Earnings for Q3 2023

Comcast released its Q3 2023 earnings report on Thursday morning, reporting a successful quarter for Universal theme parks, with an EBITDA increase of 20 percent.

Record-Breaking Earnings for Universal Theme Parks in Q3 2023

Universal Orlando Resort globe

Theme park earnings before interest, taxes, depreciation, and amortization were $983 million. Revenue was $2,418 million. The 20 percent increase in EBITDA is the highest quarterly profit ever for the theme park division.

Universal Theme Parks Report Record-Breaking Earnings

Comcast credits the strong demand for Super Nintendo World at Universal Studios Japan and Universal Studios Hollywood. The latter, as well as Universal Studios Beijing, delivered their best adjusted EBITDA in history. Universal Orlando Resort had lower revenue, but Comcast still described its results as “strong.”

%e3%82%af%e3%83%83%e3%83%8f%e3%82%9a%e5%9f%8e_%e5%86%85%e8%a6%b3_%e5%a4%a7%e9%9a%8e%e6%ae%b5%e3%81%ae%e9%96%93

Super Nintendo World opened at Universal Studios Japan in early 2022 and at Universal Studios Hollywood early this year. Read our full guide to the land in Japan and the land in Hollywood.

Epic Universe logo

The third Super Nintendo World will open at Universal Orlando Resort’s third gate, Epic Universe, in the summer of 2025. Read our most recent Epic Universe construction update.

For more Universal Studios news from around the world, follow Universal Parks News Today on Twitter, Facebook, and Instagram. For Disney Parks news, visit WDWNT.