IMAX Q4 2025 adjusted net income hits USD 32.6 million, up 125%

Reuters
02/26
IMAX Q4 2025 adjusted net income hits USD 32.6 million, up 125%

IMAX reported Q4 FY2025 total revenue of USD 125.2 million (+35.0%), gross margin of USD 72.1 million (+49.0%) with gross margin of 57.6%, and net income of USD 2.5 million. Q4 total adjusted EBITDA was USD 57.1 million (+53.0%) with a 45.6% margin, and adjusted net income was USD 32.6 million (2.3x) with adjusted diluted EPS of USD 0.58 (2.1x). For FY2025, IMAX posted record total revenue of USD 410.2 million (+16.0%), gross margin of USD 246.2 million (+29.0%) with gross margin of 60.0%, and net income of USD 45.5 million with an 11.1% net income margin. FY total adjusted EBITDA was USD 184.9 million (+33.0%) with a 45.1% margin, and cash from operating activities was USD 127.0 million (+79.0%). IMAX’s FY gross box office reached USD 1.28 billion (+40.0%), including local language box office of USD 405.0 million. By segment, Content Solutions revenue was USD 38.2 million in Q4 (+50.0%) and USD 151.3 million in FY (+21.0%), while Technology Products and Services revenue was USD 84.6 million in Q4 (+32.0%) and USD 251.3 million in FY (+16.0%). IMAX installed 160 systems in FY2025 (+10.0%), signed 166 systems, ended FY2025 with 1,864 systems in its network and a backlog of 434 systems. IMAX said it renewed and expanded its revolving credit facility to USD 375.0 million and reported available liquidity of USD 545.0 million as of Dec. 31, 2025; it also issued USD 250.0 million of 0.750% convertible senior notes due 2030 and reported USD 500.0 million total share repurchase authority with USD 250.7 million available. For FY2026, IMAX guided to USD 1.4 billion in box office, 160 to 175 system installations, and an adjusted EBITDA margin in the mid-40’s (above 45%).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IMAX Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202602251605BIZWIRE_USPR_____20260225_BW622890) on February 25, 2026, and is solely responsible for the information contained therein.

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