StockWatch
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Industrial Machinery/Components
Quarterly ResultNov 5, 2026, 08:56 AM

IMAX Q3 Net Income Soars to $113.8M; EPS $1.96

AI Summary

IMAX Corporation announced strong financial results for the third quarter and first nine months of 2026. Net income attributable to common shareholders surged to $113.8 million ($1.96 diluted EPS) for Q3 2026, a substantial increase from $20.7 million ($0.37 diluted EPS) in the prior year period. Total revenues for the quarter rose to $174.6 million from $106.7 million. For the nine months ended September 30, 2026, net income attributable to common shareholders was $133.4 million ($2.35 diluted EPS), up from $34.2 million ($0.62 diluted EPS) in the same period of 2025. The company also reported an increase in total assets to $1.03 billion and a significant rise in cash and cash equivalents to $207.9 million. A goodwill impairment charge of $6.8 million was noted for the quarter.

Key Highlights

  • IMAX Corporation reported net income attributable to common shareholders of $113.8 million for Q3 2026, a significant increase from $20.7 million in Q3 2025.
  • Diluted EPS for Q3 2026 was $1.96, up from $0.37 in Q3 2025.
  • Total revenues for Q3 2026 reached $174.6 million, up from $106.7 million in Q3 2025.
  • Nine-month net income attributable to common shareholders was $133.4 million in 2026, compared to $34.2 million in 2025.
  • Nine-month diluted EPS was $2.35 in 2026, up from $0.62 in 2025.
  • Total assets increased to $1.03 billion as of September 30, 2026, from $894.0 million as of December 31, 2025.
  • Cash and cash equivalents grew to $207.9 million from $151.2 million over the same period.
  • Goodwill impairment of $6.8 million was recorded in Q3 2026.