| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 102.84 | 26.4% | 12.2% |
| Total Income | 102.84 | 26.4% | 12.2% |
| Expenditure | 82.07 | 14.9% | 6.1% |
| PBT | 19.42 | 128.7% | 44.6% |
| Net Profit | 15.40 | 264.1% | 36.8% |
| OPM | 20.20% | 7.97pp | 4.55pp |
| NPM | 14.98% | 9.78pp | 2.70pp |
| EPS | 0.28 | 250.0% | 33.3% |
IMAX Reports Strong Q2 2026 Results with Revenue Up 12% and Net Income Up 30%
23 Jul 2026 · 23 Jul, 5:37 pm
Summary
IMAX Corporation announced strong financial results for the second quarter of 2026, with total revenue reaching $103 million, a 12% increase compared to the prior year. The company demonstrated robust profitability, reporting a Net Income margin of 15.5% and an Adjusted EBITDA margin of 46.6%. Key earnings per share metrics also saw significant year-over-year growth, with diluted Net Income per share up 35% to $0.27 and Adjusted EPS up 65% to $0.43. Management highlighted the success of 'The Odyssey' and a strong content slate as drivers for continued momentum.
Key Highlights
- 1
IMAX Corporation reported second quarter 2026 revenue of $103 million, an increase of 12% year-over-year.
- 2
The company achieved strong operating profitability with a Net Income margin of 15.5% and an Adjusted EBITDA margin of 46.6% in Q2 2026.
- 3
Net income per diluted share was 27 cents, up 35% year-over-year, and record Q2 Adjusted EPS reached 43 cents, up 65% year-over-year.
- 4
Year-to-date Cash from Operating Activities increased by 19% year-over-year to $36 million.
- 5
The company saw its highest Q2 installations in a decade with 38 systems, and international network expansion outside of China grew by 9% year-over-year.
- 6
The opening weekend of Christopher Nolan's 'The Odyssey' generated $52 million in box office, marking a record for IMAX.
Management Comments
Rich Gelfond
As we enter the second half of 2026, Christopher Nolan’s breathtaking The Odyssey — the first-ever full-length theatrical release filmed entirely with IMAX film cameras — is emerging as a transformational event for IMAX, as the purest and most complete expression yet of the power of our global platform. In its debut, The Odyssey achieved the biggest IMAX opening weekend of all time in like-for-like markets(1) and delivered the highest IMAX international market share in like-for-like markets of any major release in our history. The Odyssey has the potential to impact our business in many ways that are clear — and many ways we can’t yet predict, as its success on our platform reverberates across the creative community, and throughout the entertainment landscape. In the near-term, the film gives us excellent momentum as we enter the second half of the year, with a strong slate that culminates with Dune: Part Three, which was also shot with IMAX film cameras and will be presented in IMAX 70mm film. We are very pleased with our strong results for the second quarter — in which we handily beat consensus estimates across key financial metrics — and look forward to building on our momentum to deliver global box office growth, network expansion worldwide, new opportunities for our brand and continued value for our shareholders.
Informational and educational content only. Not investment advice.