| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 231.74 | 50.1% | 12.5% |
| Total Income | 231.74 | 50.1% | 12.5% |
| Expenditure | 204.68 | 17.9% | 6.0% |
| PBT | 23.99 | 204.3% | 138.2% |
| Net Profit | 15.84 | 203.2% | 116.4% |
| OPM | 11.68% | 24.15pp | 5.37pp |
| NPM | 6.84% | 16.78pp | 3.28pp |
| EPS | — |
Marcus Corporation Reports Q2 FY26 Results with Strong Net Earnings and Record Revenue
30 Jul 2026 · 30 Jul, 5:38 pm
Summary
The Marcus Corporation reported strong financial results for the second quarter of fiscal 2026, with total revenues increasing 12.5% year-over-year to $231.7 million. Net earnings surged by 116.4% to $15.8 million, and diluted earnings per share grew by 121.7% to $0.51. Adjusted EBITDA also saw a substantial increase of 43.0% to $46.2 million. Both the Marcus Theatres and Marcus Hotels & Resorts divisions outperformed their respective industries, with the hotels division reporting record second quarter revenue and Adjusted EBITDA.
Key Highlights
- 1
Total revenues for the second quarter of fiscal 2026 increased by 12.5% to $231.7 million, compared to $206.0 million in the prior year quarter.
- 2
Operating income for the second quarter of fiscal 2026 saw a significant improvement of 108.1%, reaching $27.1 million from $13.0 million in the prior year quarter.
- 3
Net earnings for the second quarter of fiscal 2026 more than doubled, increasing by 116.4% to $15.8 million, up from $7.3 million in the second quarter of fiscal 2025.
- 4
Net earnings per diluted common share rose by 121.7% to $0.51 in the second quarter of fiscal 2026, compared to $0.23 in the same period last year.
- 5
Adjusted EBITDA for the second quarter of fiscal 2026 grew by 43.0% to $46.2 million, up from $32.3 million in the prior year quarter.
- 6
Marcus Theatres reported total revenues of $150.6 million for Q2 FY26, a 14.4% increase year-over-year, with division operating income improving by 69.8%.
- 7
Marcus Hotels & Resorts achieved record second quarter revenue of $70.8 million and record Adjusted EBITDA of $14.7 million, with RevPAR increasing by 13.9%.
Management Comments
Gregory S. Marcus
Our second quarter fiscal 2026 results reflected strong contributions from both divisions, with Marcus Theatres and Marcus Hotels & Resorts each significantly outperforming their respective industries. Marcus Theatres delivered the highest admission revenue growth among the top theatre circuits during the second quarter of fiscal 2026, powered by a diverse slate of high-quality films that performed well in our markets, including a favorable mix of family friendly movies. In our hotels and resorts division, healthy leisure demand drove both occupancy and rate growth that propelled performance and set a record second quarter revenue and Adjusted EBITDA for Marcus Hotels & Resorts. Each division has a lot to look forward to as we head into the second half of the year. In Marcus Theatres, the film slate for the third and fourth quarters of fiscal 2026 is impressive, starting with the recent epic opening of The Odyssey and this weekend’s eagerly awaited release of Spider-Man: Brand New Day, followed by many great titles through the end of the year, including the highly anticipated Avengers: Doomsday and Dune: Part Three. In Marcus Hotels & Resorts, leisure travelers and groups continue to prioritize travel and events, which bodes well for our primarily upper-upscale and luxury hotels and resorts across the nation.
Jeffry F. Tomachek
It is a great time to be a moviegoer, with a steady slate of compelling films bringing audiences of all ages together at the movies. Building on the momentum from the first quarter, the second quarter of fiscal 2026 featured record-breaking performances from The Super Mario Galaxy Movie and Michael, high-interest sequels like The Devil Wears Prada 2, surprise hits Obsession and Backrooms, and the debut of Toy Story 5, which delivered the highest total revenue for a June opening weekend in Marcus Theatres history. The third quarter of fiscal 2026 is off to a similarly strong start, led by the massive success of The Odyssey; strong pre-sales for Spider-Man: Brand New Day; continued carry-over excitement for Toy Story 5; and additional family-friendly films such as Minions & Monsters and Moana. With many more highly anticipated films expected through the end of the year, 2026 is shaping up to be a memorable year for moviegoing.
Michael R. Evans
Congratulations to our associates for delivering a record second quarter and outperforming both the industry and our competitive sets. Strong leisure demand positively contributed to room rate and RevPAR growth during the quarter, with group pace running ahead of the same period last year. Our strategic focus on investing in our high-quality assets, combined with our commitment to operational excellence and passion for extraordinary guest experiences, drives our performance and positions us well as we head into the remainder of the year.
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