Imax Corporation Reports Third Quarter 2025 Results

IMAX Corporation reports record Q3 with $106.7M revenue and over 30% YoY growth in net income, Adjusted EBITDA, EPS and Adjusted EPS
NEW YORK, NEW YORK ( October 23, 2025 ) -

IMAX delivers record Q3 financial results across key metrics:

  • Record third quarter Revenue of $106.7 million
  • More than 30% YoY growth in Net Income, Adjusted EBITDA, EPS and Adjusted EPS
  • Strong profitability with Net Income Margin of 21% and Adjusted EBITDA margin of 49%
  • Record quarterly cash flow of $67.5 million in Cash from Operating Activities
  • Highest grossing third quarter ever for IMAX at the global box office with $368 million — up 50% YoY
  • IMAX local language box office stands at $343 million through September — shattering the previous full-year record by more than 40% and counting
  • System installations pacing to high-end of full year guidance (150 to 160) and signings of 142 year-to-date have eclipsed full-year 2024 (130)
  • Highly promising slate ahead in the fourth quarter, with “Avatar: Fire and Ash”, “Wicked: For Good”, “Zootopia 2”, “The Running Man”, and “Predator: Badlands” as IMAX remains on track for $1.2 billion in global box office in 2025
  • IMAX Corporation (NYSE: IMAX) today reported excellent financial results for the third quarter of 2025, demonstrating the value of its unique global entertainment platform and broad content portfolio.

    “IMAX is moving into a new position — building to something bigger — and our performance for the quarter and year to date demonstrate we’re breaking out and delivering at a higher level,” said Rich Gelfond, CEO of IMAX. “We continue to deliver results that exceed expectations and transcend the broader marketplace – thanks in large part to our unique, diversified global content portfolio spanning Hollywood, local language, music and more.”

    “We strategically programmed our network to deliver our best third quarter in history and emphatically demonstrated our differentiation. While Domestic box office declined 11%, IMAX box office grew significantly over the same period – up 29% in the domestic market and 50% globally.”

    “Our leadership with audiences is driving strong global demand for IMAX systems, with installations pacing to the high end of our 2025 guidance of 150 to 160 for the full year, and system sales already eclipsing our full-year total for 2024.”

    “IMAX has never been better positioned creatively, commercially, or strategically. As successful as we’ve been in 2025, we continue to believe the best is yet to come, with no less than four massive tentpoles expected in 2026 – ‘The Odyssey’, ‘Narnia’, ‘Dune Part Three’ and The ‘Mandalorian and Grogu’ — for which IMAX is a central component of the filmmaking, marketing, and distribution.”

    About IMAX Corporation
    IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX systems to connect with audiences in extraordinary ways, making IMAX’s network among the most important and successful theatrical distribution platforms for major event films around the globe.

    IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2025, there were 1,829 IMAX systems (1,759 commercial multiplexes, 10 commercial destinations, 60 institutional locations) operating in 89 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code “1970”.

    IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAX, IMAX Live, IMAX Enhanced, and IMAX StreamSmart are trademarks and trade names of IMAX Corporation or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. For more information, visit www.imax.com. You may also connect with IMAX on Instagram (www.instagram.com/imax), Facebook (www.facebook.com/imax), LinkedIn (www.linkedin.com/company/imax), X (www.twitter.com/imax), and YouTube (www.youtube.com/imaxmovies).