EarningsQ2 2026 Earnings Report
DE:IMA Q2 2026 EPS Results
Actual EPS€0.38
Consensus EPS€0.25
Beat/MissBeat by +€0.13
One Year Ago EPS€0.23
DE:IMA Q2 2026 Revenue Results
Actual Revenue€91.66M
Expected Revenue€84.40M
Beat/MissBeat by +€7.27M
YoY Revenue Growth+12.17%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
DE:IMA Upcoming Earnings
IMAX's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:IMA Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong financial and operational momentum driven by a breakout theatrical event (The Odyssey) and robust underlying business performance: double-digit revenue growth, 65% EPS growth, materially expanded EBITDA margin, accelerating system signings/installs, and early success in merchandising and product innovation. Key risks noted include earlier China softness (with recent improvement), limited scalability of high-end 70mm film deployments, release-date congestion risk, and near-term cash outlays to support network growth. On balance, positive catalysts and measurable upside materially outweigh the contained challenges.Company Guidance
Revenue Growth
Q2 revenue of $103 million, up 12% year-over-year (from $92 million prior-year quarter).
Earnings and Margin Expansion
Adjusted EPS of $0.43, up 65% year-over-year; adjusted EBITDA of $48 million with a 46.6% margin (up ~400 basis points year-over-year). Q2 gross profit of $63 million and gross margin of ~61% (270 basis point improvement).
Strong Box Office Momentum — Odyssey
IMAX delivered a $52 million global opening for Christopher Nolan's The Odyssey (largest global opening weekend in IMAX history on a like-for-like basis), capturing ~20% share of the film's worldwide debut on under 1% of total screens; domestic IMAX occupancy of ~75% and record weekday grosses (e.g., $11M Monday, $10.6M Tuesday). IMAX 70mm locations (41 sites) averaged $153,000 per screen in weekend box office ($6.3M total).
Full-Year Box Office and Slate Visibility
Company remains on track to deliver a record ~$1.4 billion in global box office for full year 2026, supported by back-half tentpoles including The Odyssey and Dune Part Three (both shot with IMAX film cameras).
Network Growth and System Activity
Installed 38 IMAX systems in Q2 (vs 36 prior-year Q2); 62 signings year-to-date for new/upgraded systems; signed agreements for 36 systems in the quarter (up from 28 prior year), with ~80% in new locations and geographic diversity (Japan, Spain, Germany, Belgium, Malaysia, France, Australia/New Zealand, India, Turkey, Vietnam).
Segment Performance
Content Solutions revenue $35 million, up 2% YoY; Technology Products & Services revenue $65 million, up 16% YoY. Tech segment gross margin ~60% (improved ~600 basis points YoY) driven by installations, renewals and favorable revenue mix.
Cash Flow, Capital Deployment and Leverage
First-half operating cash flow of $36 million (vs $30 million prior year). Deployed $13.7 million for opportunistic share repurchases in Q2. Cash balance $160 million, debt $292 million, net leverage ~0.7x.
Merchandising and New Revenue Streams
Merchandising proof point: first IMAX Odyssey popcorn bucket drops sold out rapidly (under 2 hours, then 7 minutes, China release in 63 seconds), over 10,000 units sold via company channels so far — indicating a fast-growing ancillary revenue opportunity.
Product Innovation and Filmmaker Partnerships
Developed a redesigned IMAX film camera and advanced camera blimp enabling The Odyssey to be shot fully in IMAX film (2.1 million feet shot). Film-for-IMAX program traction with top filmmakers (Nolan, Villeneuve, Coogler) strengthening IMAX’s premium positioning.
DE:IMA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed