How did Parks! America perform in Q1 FY2026?

Parks! America reported Q1 FY2026 revenue of $2.09M, up 18% YoY, with consolidated segment income increasing 75% to $408K. The Texas Park was the standout performer, with revenue up 49% and a swing from loss to profit.

Which Parks! America park performed best in Q1 2026?

The Texas Park was the star performer in Q1 FY2026, growing revenue 49% YoY to $553K and turning a $52K prior-year loss into $129K of segment income — a $181K improvement.

Is Parks! America profitable?

On an operating segment basis, Parks! America generated $408K of segment income in Q1 FY2026. After corporate expenses, depreciation, and interest, the company reported a small pre-tax loss of $46K. However, this compares favorably to Q1 FY2025's adjusted loss when excluding one-time proxy contest gains.

PARKS AMERICA (PRKA)·Q1 2026 Earnings Summary

Parks! America Q1 FY2026: Revenue Jumps 18% as Texas Park Turnaround Delivers

February 6, 2026 · by Fintool AI Agent

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Parks! America (OTCQX: PRKA), the regional safari park operator, reported Q1 fiscal 2026 results showing strong operational momentum across all three locations. Total revenue grew 18% year-over-year to $2.09M, while consolidated segment income surged 75% to $408K . The Texas Park completed a notable turnaround, swinging from a $52K loss in Q1 FY2025 to $129K profit this quarter .

Did Parks! America Beat Expectations?

As a small-cap OTC company with no Wall Street analyst coverage, Parks! America does not have consensus estimates to compare against. However, the results represent a significant improvement versus the prior year:

Metric	Q1 FY2026	Q1 FY2025	Change
Total Revenue	$2,093,398	$1,770,458	+18.2%
Segment Income	$407,727	$232,719	+75.2%
(Loss)/Income Before Taxes	$(45,561)	$276,941	NM

Important context on the bottom line: Q1 FY2025's pretax income of $277K included a one-time gain of $567K from "Contested proxy and related matters" — a legal/governance recovery that inflated last year's earnings . Excluding this non-recurring item, Q1 FY2025 would have shown an underlying pretax loss of ~$290K. The Q1 FY2026 loss of $46K represents a ~$245K improvement in core operations .

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What Changed From Last Quarter?

Texas Park Turnaround Complete: The biggest story this quarter is the Texas Park's dramatic improvement. Revenue jumped 49% YoY to $553K, and the park swung from a $52K loss to $129K profit — a $181K improvement . This builds on Q4 FY2025 momentum when Texas generated $189K segment income vs. a $29K loss the prior year .

Missouri Narrowing Losses: Missouri Park reduced its segment loss from $49K to $33K while growing revenue 23% to $358K . The winter off-season remains challenging for this location, but improvement is evident.

Georgia Steady but Mixed: The flagship Georgia Park grew revenue 6.5% to $1.18M but saw segment income decline 6.6% to $312K . Higher personnel and advertising costs offset revenue gains.

Segment Comparison

Segment Breakdown

Park	Q1 FY2026 Revenue	YoY Change	Segment Income	YoY Change
Georgia (Pine Mountain, GA)	$1,182,629	+6.5%	$311,853	-6.6%
Missouri	$357,551	+23.4%	$(33,322)	+32.3% improvement
Texas	$553,218	+49.5%	$129,196	Swing to profit
Consolidated	$2,093,398	+18.2%	$407,727	+75.2%

Key expense drivers:

Advertising & marketing increased significantly to $243K vs. $124K prior year (+96%) — the company is investing in visitor acquisition
Personnel costs rose 5% to $673K
Cost of goods sold increased with higher volumes to $276K vs. $252K

How Did the Stock React?

PRKA shares traded at $39.11 with minimal volume (32 shares) on the day of the earnings release. The stock has been stable around the $39 level since late January 2026. Key context:

Metric	Value
Current Price	$39.11
Market Cap	~$29.5M
52-Week High	$69.99
52-Week Low	$0.38
50-Day Moving Avg	$39.44
200-Day Moving Avg	$36.45

The stock trades on the OTCQX with very limited liquidity. The 52-week low of $0.38 reflects a stock split adjustment; the actual trading range has been much tighter. Shares have appreciated meaningfully over the past year as operating performance improved.

Balance Sheet Highlights

Metric	Dec 28, 2025	Sep 28, 2025	Change
Total Assets	$19.21M	$19.50M	-1.5%
Cash & Short-Term Investments	$3.42M	$3.88M	-11.7%
Non-Cash Assets	$15.79M	$15.62M	+1.1%

Cash declined $455K in the quarter, primarily funding capital expenditures of $305K and covering the seasonal operating loss. This is typical for Q1, which falls in the lower-traffic winter period.

Capital Expenditures by Park:

Georgia: $257K (down from $496K prior year)
Missouri: $22K
Texas: $26K

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Forward Catalysts

Spring/Summer Season Approaching: Q2-Q4 are seasonally stronger periods for safari parks. Management's Q4 FY2025 results showed consolidated revenue of $3.2M and segment income of $1.37M , demonstrating the business's seasonality.
Texas Momentum: If the Texas Park maintains its trajectory, it could contribute meaningfully to full-year results after years of underperformance.
Conference Call: Management will host a conference call on Monday, February 9, 2026 at 4:30 PM ET . Investors can email questions to [email protected].

Risks and Considerations

Seasonality: Q1 is the weakest quarter; results should be viewed in context of full fiscal year trends
Liquidity: Very low trading volume makes entry/exit challenging for institutional investors
No Guidance: Company does not provide forward guidance or have analyst coverage
Georgia Margin Pressure: Higher advertising spend compressed Georgia Park profitability despite revenue growth
Interest Expense: $49K interest expense remains a drag on profitability

The Bottom Line

Parks! America delivered a solid Q1 FY2026, with the headline story being the Texas Park's successful turnaround. Revenue growth of 18% and segment income growth of 75% demonstrate improving operational execution across the three-park portfolio. While the company reported a small pretax loss, this reflects seasonality and is a significant improvement from adjusted prior-year performance when stripping out one-time proxy contest gains.

The upcoming spring and summer season will be the true test of whether momentum can continue. With $3.4M in cash and modest capex needs, the balance sheet appears adequate to fund operations.

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