| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 174.55 | 69.7% | 63.7% |
| Total Income | 174.55 | 69.7% | 63.7% |
| Expenditure | 99.68 | 21.5% | 28.4% |
| PBT | 73.78 | 279.9% | 165.2% |
| Net Profit | 113.81 | 639.0% | 450.9% |
| OPM | 42.90% | 22.70pp | 15.66pp |
| NPM | 65.20% | 50.22pp | 45.83pp |
| EPS | 2.07 | 639.3% | 444.7% |
IMAX Reports Record Third Quarter 2026 Results
05 Nov 2026 · 1h ago
Summary
IMAX Corporation reported record-breaking financial results for the third quarter of 2026, driven by strong global box office performance and operational leverage. Revenue surged 64% year-over-year to $175 million, accompanied by an 88% increase in Gross Margin to $126 million and a record gross margin of 72.3%. Net income more than quadrupled to $117 million, achieving a record net income margin of 67.1%, with diluted EPS reaching $1.96. Management highlighted the awakening of the IMAX platform's potential and its ability to drive demand for unique, shared experiences.
Key Highlights
- 1
IMAX delivered its best quarterly financial performance in company history for Q3 2026, breaking records across key metrics.
- 2
Revenue for the third quarter of 2026 reached $175 million, marking a significant 64% increase year-over-year.
- 3
Gross Margin for Q3 2026 was $126 million, up 88% year-over-year, with a record margin of 72.3%.
- 4
Net Income for the quarter was $117 million, a 418% increase year-over-year, with a record net income margin of 67.1%.
- 5
Net income per diluted share was $1.96, up 430% year-over-year, surpassing any full-year result in IMAX history.
- 6
Adjusted EBITDA reached $121 million, up 133% year-over-year, with a record margin of 69.3%.
Management Comments
Rich Gelfond
What IMAX achieved goes beyond simply a ‘great quarter’ and transcends the many records we shattered in the period. What we believe we are witnessing is an awakening to the power and potential of our platform to impact global culture, unlock new commercial opportunities, and inspire a new level of demand and awe in audiences around the world. Christopher Nolan’s The Odyssey is a historic cinematic achievement crafted entirely with IMAX technology and its record-breaking success marks a new era of opportunity for our company. The record margins we generated in the quarter demonstrate the unique strength of our model, and the growing value of scarce events and experiences in an increasingly A.I.-driven world underscore a powerful opportunity for our business, as we look ahead to a remarkably strong slate over the next several years. Our momentum is fueling sales activity with exhibitors around the world, with our team delivering more than 100 signings for IMAX systems worldwide year-to-date — including 65% new locations and strong growth across priority Rest of World markets. With the global release of Dune: Part Three and our release of Avengers: Doomsday in China carrying into a very strong 2027 slate, we are excited for the year ahead and confident in our belief that there has never been a better time to be in the IMAX business. This ‘IMAX awakening’ sits inside a bigger culture shift of people around the world — particularly young people — seeking connection, community, and shared experiences that feel bigger than any one person’s screen. IMAX has always delivered these moments, and we believe this trend has only begun to benefit our business.
Informational and educational content only. Not investment advice.