As major cinema chains slump on reduced 2025 attendance, Imax is reporting a surge in global box office during its fourth quarter from a mix of Hollywood tentpoles like Avatar: Fire and Ash, local language titles and alternative programming.
On Wednesday, the film technologies company also revealed its gross box office during the three months to Dec. 31, 2025 jumped 62 percent to $336.2 million, which marks a new Q4 record. And Imax is looking to increased contributions from Hollywood blockbusters shot with its proprietary cameras and local-language films to drive what it touts as a Big Bang moment for the company in 2026.
“Our slate for 2026 is arguably the strongest we’ve ever seen, with a record of at least 12 Filmed For Imax releases worldwide; a highly anticipated offering of family films in a time where we’re growing market share with family audiences; and more international blockbusters than ever,” Imax CEO Richard Gelfond stated.
The Imax chief added, “The year is highlighted by huge, Imax-centric tentpoles — including Christopher Nolan’s The Odyssey, the first theatrical feature shot entirely with Imax film cameras; and Filmed For Imax releases including Denis Villeneuve’s Dune: Part Three, Jon Favreau’s The Mandalorian and Grogu, and Greta Gerwig’s Narnia — and our strong slates for 2027 and 2028 continue to come into view.”
Imax during an after-market analyst call is also expected to discuss grabbing a bigger share of the global box office this year and next as a provider of premium theatrical screens and technologies to distinguish itself from the broader exhibition industry.
On Wednesday, Imax said it posted Q4 revenue up 35 percent to $125.2 million, compared to $92.7 million in the year-ago period. That beat an analyst forecast for revenue of $120.12 million. Net income fell 64 percent to $2.5 million, compared to a year-earlier $6.9 million.
During the latest quarter, Imax recorded a one-time charge of $15 million to repurchase convertible notes due 2026, and a non-cash goodwill impairment charge of $7 million. The adjusted earnings per-share hit 58 cents, against a year-earlier 27 cents.
Also during the fourth quarter, content solutions revenue rose 50 percent to $38.2 million, against a year-earlier $25.5 million, underpinned by the strong gross box office growth. The technology products and services revenue was up 32 percent to $84.6 million, compared to $64 million in the same period of 2024.
Imax earlier said its worldwide theater network helped the company post $1.28 billion in global box office for 2025, a new company record. That surpassed Imax’s previous highwater mark of $1.1 billion in global box office for 2019, and the company now expects $1.4 billion in global box office for 2026.
