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Cinemark Holdings (DE:ZZA)
FRANKFURT:ZZA
Germany Market
EarningsQ2 2026 Earnings Report

Cinemark Holdings (ZZA) Q2 2026 Earnings Report

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DE:ZZA Q2 2026 EPS Results

Actual EPS€1.02
Consensus EPS€0.89
Beat/MissBeat by +€0.14
One Year Ago EPS€0.54

DE:ZZA Q2 2026 Revenue Results

Actual Revenue€935.59M
Expected Revenue€891.05M
Beat/MissBeat by +€44.54M
YoY Revenue Growth+15.51%

Earnings Announcement Details

QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
DE:ZZA Upcoming Earnings
Cinemark Holdings's next earnings date is estimated for October 30, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

DE:ZZA Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial quarter — historic top-line and adjusted EBITDA records, near-$300 million free cash flow, record consumer metrics and meaningful expansion of premium offerings. Management flagged manageable operational headwinds including calendar bunching leading to potential capacity constraints, rising utilities and other semi-variable costs, international labor/wage dynamics, and the early-stage nature of 45-day theatrical window impacts. Overall, the positives (record results, strong cash generation, market-share momentum and disciplined capital allocation) far outweigh the operational and timing risks noted, which management described as monitored but not currently derailing performance.
Company Guidance
Management provided directional (not numeric) guidance that the company is well positioned to build on a historic Q2 — worldwide revenue topped $1.0 billion, adjusted EBITDA reached $294 million with a 27.1% adjusted EBITDA margin, nearly $300 million of free cash flow was generated, and more than $60 million of capex was deployed — and expects to continue converting top-line strength into durable margin and cash generation. They said they expect ongoing market-share gains to depend on content mix and capacity, are optimistic the new ~45‑day theatrical windows will be meaningfully positive (but will take time to fully materialize), and see continued upside from premium formats and loyalty/direct marketing (about 350 PLFs globally, premium formats ≈15% of box office, ~660 D‑BOX auditoriums, H1 additions included 7 XDs, 12 ScreenXs, 2 IMAXs/3 70mm installs) and a ~40 million addressable customer base to drive ticket, concession and merchandise per‑caps. Capital allocation guidance remains balanced and disciplined: preserve balance‑sheet strength, pursue accretive investments/new builds and M&A, and return excess capital to shareholders with leverage ratio, cash and liquidity governing buybacks/dividends.
Historic Revenue and Profit Records
Quarterly worldwide revenue exceeded $1.0 billion for the first time; adjusted EBITDA of $294 million (highest quarterly adjusted EBITDA on record) with an adjusted EBITDA margin of 27.1% (second-highest quarterly margin, trailing the all-time record by 10 basis points). Nearly $300 million of free cash flow generated; deployed over $60 million in capital expenditures and returned capital via buybacks and dividend.
All-Time High Consumer and Sales Metrics
Company reported all-time high quarterly admissions revenue, concession sales and per caps, premium amenity performance and loyalty transactions worldwide. Merchandise sales reached a quarterly record of $25 million. Management noted strong uplift from premium offerings and higher per-cap spend.
Market Share Gains and Direct Channel Strength
Cinemark reported domestic market share gains in Q2 amid a very strong box office environment. Approximately 50% of sales came through its direct channel and the company now has roughly 40 million addressable customers worldwide, supporting targeted personalization and repeat visits.
Expansion of Premium Formats and Amenities
Meaningful investment in premium large formats and motion seats: added 7 XDs, 12 ScreenXs, 2 IMAXs (with 3 new 70mm projectors) and 112 new D-BOX auditoriums in the first half of 2026. Company now operates ~350 PLFs globally and ~660 D-BOX auditoriums, creating additional premium revenue runway.
Strong International Performance — Latin America
Latin America delivered record adjusted EBITDA and an all-time high adjusted EBITDA margin for the region, driven by attendance, box office, ticket pricing, concession per caps, and market share gains.
Robust Balance Sheet and Disciplined Capital Allocation
Management emphasized three pillars: preserve balance sheet strength, invest in accretive opportunities (new builds and M&A), and return excess capital to shareholders. Commentary highlighted reduced interest expense opportunities and continued discipline when evaluating new builds and acquisitions.

DE:ZZA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 30, 2026
2026 (Q3)
0.67 / -
0.344
2026 (Q2)
0.89 / 1.02
0.54388.89% (+0.48)
2026 (Q1)
-0.08 / -0.05
-0.27681.25% (+0.22)
2025 (Q4)
0.22 / 0.14
0.284-51.52% (-0.15)
2025 (Q3)
0.39 / 0.34
1.025-66.39% (-0.68)
2025 (Q2)
0.61 / 0.54
0.27696.87% (+0.27)
2025 (Q1)
-0.20 / -0.28
0.164-268.42% (-0.44)
2024 (Q4)
0.33 / 0.28
-0.129320.00% (+0.41)
2024 (Q3)
0.50 / 1.02
0.52595.08% (+0.50)
2024 (Q2)
0.07 / 0.28
0.689-60.00% (-0.41)
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