IMAX Corporation
Financial Performance
IMAX Revenue & Financials
Revenue
$410.2M (FY2025)
Market Cap
$2.9B
Net Income
$34.9M
Employees
679
What is IMAX's revenue?
IMAX had $410.2M in revenue for fiscal year 2025, up 16.5% from 2024. Net income was $34.9M.
- Latest revenue
- $410.2M (FY2025)
- Year-over-year
- +16.5%
- Growth rate (CAGR)
- 0.9% over 9 years
- Peak revenue
- $410.2M (FY2025)
- Years of data
- 10
- Employees
- 679
Financial Analysis
IMAX revenue recovered from $137.0 million in pandemic-hit 2020 to $410.2 million in FY2025, up 16.5% from $352.2 million in 2024. FY2025 adjusted EBITDA was $185 million, a company-record margin of about 45%, as global IMAX box office rose 40% to $1.28 billion. In Q2 2026 revenue rose 12% to $102.8 million, net income rose about 30% to $15.9 million, and adjusted EPS reached a record $0.43. At June 30, 2026, IMAX had $160 million in cash, $551 million of available liquidity, and $292 million of total debt, including $250 million of 0.75% convertible notes due 2030. It bought back 404,866 shares for $13.7 million in Q2 2026. IMAX Corporation is a pioneering Canadian-American entertainment technology company, sustaining a market valuation typically over $1 billion.
Revenue Trend Analysis
YoY Change
+16.5%
9-Year CAGR
+0.9%
Peak Year
2025
Trend
Mostly Growing
IMAX Corporation has 10 full fiscal year figures on this page, compounding at +0.9% annually over 9 years. The most recent year saw a 16.5% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $410.2M. Of 9 comparable year-over-year steps, 6 showed growth and 3 showed a decline.
Annual revenue history
Click any row to see year details.
IMAX Corporation balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $127.1M | $8.2M | $894M | $466.3M | $337.9M | $118.9M | Form 10-K |
| FY2024ended Dec 31, 2024 | $70.8M | $8.4M | $830.4M | $452.2M | $299.5M | $62.4M | Form 10-K |
| FY2023ended Dec 31, 2023 | $58.6M | $6.5M | $814.7M | $469.1M | $273.1M | $52.1M | Form 10-K |
| FY2022ended Dec 31, 2022 | $17.3M | $8.4M | $821.2M | $491.4M | $263.4M | $8.9M | Form 10-K |
| FY2021ended Dec 31, 2021 | $6.1M | $3.6M | $883.2M | $452.9M | $356.1M | $2.5M | Form 10-K |
| FY2020ended Dec 31, 2020 | -$23M | $697,000 | $997.8M | $533M | $394M | -$23.7M | Form 10-K |
| FY2019ended Dec 31, 2019 | $90.4M | $7.4M | $889.1M | $246M | $547.7M | $83M | Form 10-K |
| FY2018ended Dec 31, 2018 | $110M | $13.4M | $873.6M | $274.2M | $512.2M | $96.6M | Form 10-K |
| FY2017ended Dec 31, 2017 | $85.4M | $24.1M | $866.6M | $263M | $527.7M | $61.2M | Form 10-K |
| FY2016ended Dec 31, 2016 | $77.9M | $15.3M | $857.3M | $230.8M | $562M | $62.6M | Form 10-K |
Keep researching IMAX
IMAX Revenue and Financial FAQ
What is IMAX Corporation's annual revenue and global box office baseline?
IMAX Corporation reported revenue of $410 million for fiscal year 2025, up from $352 million in fiscal 2024.
What are IMAX's Adjusted EBITDA margins and profitability profile?
IMAX reported FY2025 adjusted EBITDA of $185 million, a company-record margin of about 45%, and guided to a margin of at least the mid-40s for 2026. Q2 2026 adjusted EBITDA was $48 million, a 46.6% margin.
What is the size and commercial backlog of the global IMAX theatre network?
As of June 30, 2026, IMAX had 1,876 systems in 91 countries and territories, including 1,809 commercial multiplex systems, and a backlog of 421 systems.
What is the capital expenditure requirement and free cash flow generation of IMAX?
IMAX's capital needs are mostly for joint revenue-sharing systems it funds in partner theaters. Operating cash flow for the first half of 2026 was $36 million, up 19% year over year.
How is IMAX's box office split geographically between North America and International markets?
Box office mix varies with each year's slate. In Q2 2026 IMAX box office grew 24% in international markets outside Mainland China, while total IMAX box office rose 1% to $285 million.
What is IMAX's balance sheet liquidity and debt profile?
At June 30, 2026, IMAX had $160 million in cash, $551 million of available liquidity, and $292 million of total debt, including $250 million of 0.75% convertible notes due 2030.
What was the landmark box office financial impact of Christopher Nolan's 'Oppenheimer' in IMAX?
Universal's 'Oppenheimer' (shot with IMAX 15/70mm cameras) generated over $190 million in global IMAX box office, representing nearly 20% of the film's total worldwide gross on less than 3% of global theatrical screens, showcasing IMAX's box office indexing power.
What is the Average Ticket Price (ATP) premium generated by IMAX screenings?
IMAX tickets typically sell at a premium to standard 2D tickets, and the premium varies by market and title. That premium raises per-screen box office, which IMAX shares in.
Is IMAX a profitable company?
Yes, but their profits are incredibly volatile and entirely dependent on Hollywood. Because IMAX tickets cost a massive premium, consumers only pay for true "event" films. A single massive movie (like Christopher Nolan's Oppenheimer or James Cameron's Avatar) can literally generate the vast majority of IMAX's total annual corporate profit.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "IMAX Revenue & Financials." CorpDigest, https://corpdigest.com/company/imax/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>IMAX reported $410.2M in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/imax/financials" target="_blank" rel="noopener">CorpDigest — IMAX financials</a></div>Related Financial Audits
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