CHARLOTTE, North Carolina -- Six Flags, the parent company of Cedar Point and Kings Island, announced it will significantly reduce capital spending in 2026, scaling back investments in new rides and attractions following a challenging start to 2025.

The company will spend between $475 million and $500 million on capital improvements this year, but that figure will drop to $400 million in 2026, executives said during a recent earnings call. The move comes as Six Flags grapples with a 9% drop in attendance across its parks in the second quarter of 2025, compared to the same period last year.

News of the company’s financial struggles sent the company’s stock down 22% this week, as executives revised their financial outlook downward for the remainder of 2025. The announcement comes just o

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