Falcon’s Beyond

What Falcon’s Beyond does

Falcon's Beyond Global, Inc. is a NASDAQ-listed entertainment and technology enterprise headquartered in Orlando, Florida, that develops, licenses, and operates themed entertainment and location-based attractions. The company is organized into three integrated divisions — Falcon's Creative Group for creative services and attraction design, Falcon's Attractions for operating location-based destinations, and an intellectual property business that develops and licenses proprietary themed concepts — with operations spanning the United States, Saudi Arabia, the Caribbean, and Hong Kong. Its customer base consists of theme park operators, destination developers, and entertainment IP holders; named commercial counterparties include CD PROJEKT RED, for which Falcon's Beyond serves as global partner for Cyberpunk 2077 immersive experiences, and VAI Amusement Park, LLC, under two Master Products and Services Agreements valued at approximately $18 million combined for dark ride vehicle systems.

The company's underlying technology stack centers on the proprietary ÆONXP platform overseen by the Chief Technology Officer, combined with stated capabilities in AI, robotics, extended reality, and real-time rendering that are deployed across the themed entertainment business units. In November 2024 Falcon's Beyond expanded its technical footprint by acquiring Oceaneering Entertainment Systems, bringing dark ride vehicle and ride systems engineering in-house. Falcon's Beyond earns revenue through professional services (creative development, design, and production), one-time licensing of attractions and IP, recurring IP licensing royalties, and hardware sales of custom attraction systems, with Falcon's Creative Group alone generating $13.0 million in Q1 2026 revenue against a $29.2 million contracted pipeline.

Commercially the company pursues an enterprise B2B go-to-market via direct sales to theme park operators, OEM-style licensing and co-development partnerships with entertainment IP holders, and operation of company-owned destination experiences. The full-year 2025 revenue of $14.9 million with $6.3 million of net income (driven materially by asset sales) and Q1 2026 revenue of $5.4 million with $6.1 million of net income indicate a project-based, lumpy revenue model whose trajectory depends on conversion of contracted pipelines, the build-out of the Cyberpunk 2077 concept, and the rollout of dark ride hardware agreements.

Name

Falcon’s Beyond

Legal name

Falcon's Beyond Global, Inc.

Website

https://falconsbeyondglobal.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Falcon's Beyond Global is a NASDAQ-listed Orlando-based entertainment enterprise that designs, licenses, and operates themed attractions and location-based entertainment destinations for theme park operators and entertainment IP holders worldwide.

Ownership category

akta.pro rank

Product category

Themed Entertainment Development

NAICS

Amusement Parks and Arcades (7131)

akta.pro primary industry

Regional/Local Market Publishers & Distributors (Territory Rights, Localization-led Publishing) (MPAFABAH)

akta.pro secondary industry

Gaming Hardware Services & Support (Repair, Warranty, Refurbishment, Modding) (MPAFAGAN)

Keywords

• Themed entertainment development
• Location-based entertainment
• Immersive experience design
• Intellectual property licensing
• Creative design services

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Creative Services: Revenue generated through Falcon's Creative Group, which provides creative development, design, and production services for attractions. Q1 2026 revenue of $13.0 million with a contracted pipeline of $29.2 million.
2. Destination Experiences: Revenue from Falcon's Attractions division operating location-based entertainment destinations. Growth driven by expansion and new attraction openings.
3. Intellectual Property Licensing: Revenue from licensing company-developed intellectual property for themed entertainment experiences globally.
4. Master Products and Services Agreements: Contracts for dark ride vehicle systems and other attraction products, including agreements with VAI Amusement Park valued at approximately $18 million combined.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Falcon's Beyond is an integrated entertainment development and operations enterprise that delivers themed entertainment through three divisions: Falcon's Creative Group (creative design, production, and attraction development services), intellectual property (IP) development and licensing, and Falcon's Attractions (operated location-based entertainment destinations). The company also sells proprietary dark ride vehicle systems and develops immersive experiences for partner IP brands such as CD PROJEKT RED's Cyberpunk 2077.

Product overview

Falcon's Beyond operates as an entertainment and technology enterprise with three core divisions focused on creative services, intellectual property, and destination experiences. The company's product portfolio includes Falcon's Attractions (location-based entertainment destinations), Falcon's Creative Group (creative services subsidiary generating $13-14 million quarterly revenue), and the ÆONXP technology platform (enabling real-time rendering and connected experiences). The company also produces custom dark ride vehicle systems and develops themed intellectual property experiences in partnership with companies like CD PROJEKT RED for Cyberpunk 2077.

Differentiator

Problem solved

Functional benefit

Products and services

• Falcon's Creative Group Creative services subsidiary that designs, develops, and produces themed entertainment attractions and experiences for theme park operators, entertainment companies, and destination developers.
• Falcon's Attractions Operates company-owned location-based entertainment destinations and themed attractions across the United States, Saudi Arabia, the Caribbean, and Hong Kong.
• ÆONXP Platform Proprietary technology platform enabling real-time rendering and connected experiences for the company's themed entertainment business units.
• Dark Ride Vehicle Systems Custom dark ride vehicle systems engineered, manufactured, and delivered to amusement park operators under Master Products and Services Agreements.
• Cyberpunk 2077 Immersive Experience Immersive themed experience being developed by Falcon's Beyond based on CD PROJEKT RED's Cyberpunk 2077 intellectual property, leveraging Falcon's storytelling and attractions expertise.

Quantifiable outcome

• Q1 2026 net income of $6.1 million swung from $8.1 million net loss
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• VAI Amusement Park, LLCcoreTechnology or Integration · 14 May 2026Falcon's Beyond entered into two Master Products and Services Agreements with VAI Amusement Park, LLC valued at approximately $18 million combined for dark ride vehicle systems. This represents a significant contract win for the company's hardware and technology integration capabilities.
• CD PROJEKT REDcoreStrategic or Co-development Partner · 3 November 2025Falcon's Beyond and CD PROJEKT RED announced an agreement for Falcon's to create themed experiences based on Cyberpunk 2077. Falcon's was appointed as CD PROJEKT RED's global partner for immersive entertainment concepts. The company is developing concepts and exploring locations for the first Cyberpunk 2077 immersive experience, leveraging its expertise in storytelling and attractions.
• KPMG LLPminorOthersKPMG LLP was ratified as Falcon's Beyond Global's independent registered public accounting firm for fiscal year ending December 31, 2026, at the 2026 annual meeting of stockholders.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Walt Disney Imagineering: Walt Disney Imagineering designs and develops Disney's theme parks, attractions, and immersive experiences globally. It is a broad incumbent that competes with Falcon's Creative Group on attraction design and creative services for major entertainment IP, and is named alongside Falcon's at the Themed Entertainment Association INSPIRE panels.
• Universal Destinations & Experiences: Universal Destinations & Experiences operates theme parks and develops themed attractions based on major entertainment IP. As a co-panelist with Falcon's Beyond at TEA INSPIRE, it represents the kind of integrated IP-to-attractions operator that Falcon's is positioning to compete with and partner alongside.
• Herschend Family Entertainment: Herschend operates destination theme parks (Silver Dollar City, Dollywood) and develops themed entertainment experiences. It appeared alongside Falcon's at TEA INSPIRE panels and represents a comparable operator-developer in the location-based entertainment space.
• Lionsgate: Lionsgate is a major entertainment studio that has expanded into themed entertainment, including location-based experiences such as Lionsgate Entertainment World. Its IP-licensing-led approach to themed experiences parallels Falcon's Beyond's CD PROJEKT RED Cyberpunk 2077 partnership model.
• Cedar Fair / Six Flags (merged): The merged Cedar Fair-Six Flags entity is one of the largest regional theme park operators in North America, with extensive experience integrating new attractions and IP. It is a comparable destination operator and a likely customer for Falcon's Creative Group design and IP licensing services.

Direct peers

• Thinkwell Group: Thinkwell Group is a design and production studio specializing in themed entertainment, attractions, and immersive experiences. It is a direct peer to Falcon's Creative Group, offering similar creative design, master planning, and attraction development services to theme park operators and destination developers.
• Hettema Group: Hettema Group designs theme parks, attractions, and immersive entertainment experiences for global clients. As a direct peer to Falcon's Creative Group, it competes on master planning, attraction design, and themed entertainment development for major IP holders and operators.
• BRC Imagination Arts: BRC Imagination Arts designs and produces themed entertainment experiences, attractions, and immersive destinations for global brands. It is a direct peer to Falcon's Creative Group and Falcon's Attractions in the design-build-operate model of themed experiences.

Emerging players

• Meow Wolf: Meow Wolf operates large-scale immersive art installations and location-based entertainment experiences in the US. It is an emerging player intersecting Falcon's destination experiences and IP-driven immersive attractions, with a comparable focus on innovative, technology-enabled themed environments.

Regional players

• IMG Worlds of Adventure: IMG Worlds of Adventure operates large-scale indoor theme parks in Dubai and elsewhere, featuring licensed entertainment IP in immersive attractions. It is a regional operator with a comparable IP-to-attractions model, particularly relevant to Falcon's Beyond's Middle East and Asia ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FalconsBeyond
• Facebookfacebook.com/falconsbeyond
• LinkedInlinkedin.com/company/falcon-s-beyond

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Falcon’s Beyond