Quarterly ResultMay 5, 2026, 04:25 PM
AMC Q1 Revenue +21.2% to $1.05B; Adjusted EBITDA $38.3M
AI Summary
AMC Entertainment Holdings reported strong first-quarter 2026 results, achieving its best Adjusted EBITDA for a first quarter since 2019, driven by a 22% surge in the North American box office. The company saw significant improvements across key financial metrics and took steps to strengthen its balance sheet, including debt refinancing and equity raises. AMC also announced the launch of "Arena One at AMC" for live concerts and expressed optimism for the full year 2026 film slate.
Key Highlights
- Total revenues increased 21.2% to $1,045.4 million in Q1 2026 from $862.5 million in Q1 2025.
- Net loss improved to $(117.1) million in Q1 2026 from $(202.1) million in Q1 2025.
- Adjusted EBITDA reached $38.3 million in Q1 2026, up from $(57.7) million in Q1 2025.
- Diluted loss per share improved to $(0.22) in Q1 2026 from $(0.47) in Q1 2025.
- Attendance rose 13.6% to 47.6 million patrons, with U.S. attendance up 14.2% and International up 12.6%.
- Refinanced $400 million of 2027 debt, extending maturity to 2031 and reducing interest expense.
- Raised $71.7 million gross proceeds through an at-the-market equity program.
- Sold Hycroft Mining shares for $30 million in Q1, totaling $54 million from sales.