What is Imax Corp's earnings per share (EPS)?

Imax Corp (IMAX) reported diluted earnings per share of $0.63 for fiscal year 2025. This represents a 31.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Imax Corp Financials

IMAX

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Imax Corp (IMAX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 67/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Imax Corp has an operating margin of 20.5%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 68/100, reflecting efficient cost management and pricing power. This is up from 12.4% the prior year.

Growth

Imax Corp's revenue surged 16.5% year-over-year to $410.2M, reflecting rapid business expansion. This strong growth earns a score of 61/100.

Leverage

Imax Corp carries a low D/E ratio of 1.38, meaning only $1.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Imax Corp converts 29.0% of revenue into free cash flow ($118.9M). This strong cash generation earns a score of 97/100.

Returns

Imax Corp's ROE of 10.3% shows moderate profitability relative to equity, earning a score of 34/100. This is up from 8.7% the prior year.

Piotroski F-Score Neutral

6/9

Imax Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.64x

For every $1 of reported earnings, Imax Corp generates $3.64 in operating cash flow ($127.1M OCF vs $34.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

11.4x

Imax Corp earns $11.4 in operating income for every $1 of interest expense ($84.2M vs $7.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$410.2M

YoY+16.5%

5Y CAGR+24.5%

10Y CAGR+0.9%

Imax Corp generated $410.2M in revenue in fiscal year 2025. This represents an increase of 16.5% from the prior year.

EBITDA

$146.7M

YoY+34.1%

10Y CAGR+1.2%

Imax Corp's EBITDA was $146.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 34.1% from the prior year.

Net Income

$34.9M

YoY+33.8%

10Y CAGR-4.6%

Imax Corp reported $34.9M in net income in fiscal year 2025. This represents an increase of 33.8% from the prior year.

EPS (Diluted)

$0.63

YoY+31.3%

10Y CAGR-2.1%

Imax Corp earned $0.63 per diluted share (EPS) in fiscal year 2025. This represents an increase of 31.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$118.9M

YoY+90.5%

10Y CAGR+11.2%

Imax Corp generated $118.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 90.5% from the prior year.

Cash & Debt

$151.2M

YoY+50.3%

5Y CAGR-13.8%

10Y CAGR-7.2%

Imax Corp held $151.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

54M

YoY+1.8%

5Y CAGR-1.7%

10Y CAGR-2.5%

Imax Corp had 54M shares outstanding in fiscal year 2025. This represents an increase of 1.8% from the prior year.

Margins & Returns

Gross Margin

60.0%

YoY+6.0pp

5Y CAGR+44.3pp

10Y CAGR+1.4pp

Imax Corp's gross margin was 60.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 6.0 percentage points from the prior year.

Operating Margin

20.5%

YoY+8.1pp

5Y CAGR+109.5pp

10Y CAGR-2.9pp

Imax Corp's operating margin was 20.5% in fiscal year 2025, reflecting core business profitability. This is up 8.1 percentage points from the prior year.

Net Margin

8.5%

YoY+1.1pp

5Y CAGR+113.4pp

10Y CAGR-6.4pp

Imax Corp's net profit margin was 8.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.

Return on Equity

10.3%

YoY+1.6pp

5Y CAGR+46.8pp

10Y CAGR+1.4pp

Imax Corp's ROE was 10.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.6 percentage points from the prior year.

Capital Allocation

R&D Spending

$5.8M

YoY+14.0%

5Y CAGR+0.7%

10Y CAGR-7.5%

Imax Corp invested $5.8M in research and development in fiscal year 2025. This represents an increase of 14.0% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$8.2M

YoY-3.1%

5Y CAGR+63.6%

10Y CAGR-15.4%

Imax Corp invested $8.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 3.1% from the prior year.

IMAX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$410.2M+16.5%	$352.2M-6.0%	$374.8M+24.6%	$300.8M+18.0%	$254.9M+86.0%	$137.0M
Cost of Revenue	$164.0M+1.2%	$162.0M+0.9%	$160.5M+11.1%	$144.4M+19.9%	$120.5M+4.3%	$115.5M
Gross Profit	$246.2M+29.4%	$190.2M-11.3%	$214.3M+37.1%	$156.4M+16.3%	$134.4M+524.0%	$21.5M
R&D Expenses	$5.8M+14.0%	$5.1M-49.5%	$10.1M+90.8%	$5.3M-23.7%	$6.9M+23.6%	$5.6M
SG&A Expenses	$138.5M+4.3%	$132.7M-8.1%	$144.4M+4.6%	$138.0M+17.7%	$117.3M+8.1%	$108.5M
Operating Income	$84.2M+92.0%	$43.9M-13.0%	$50.4M+1142.6%	-$4.8M-144.0%	$11.0M+109.0%	-$121.8M
Interest Expense	$7.4M-8.9%	$8.1M+18.5%	$6.8M+16.1%	$5.9M-17.1%	$7.1M+1.2%	$7.0M
Income Tax	$17.8M+255.6%	$5.0M-61.7%	$13.1M+29.1%	$10.1M-50.8%	$20.6M-22.4%	$26.5M
Net Income	$34.9M+33.8%	$26.1M+2.9%	$25.3M+211.1%	-$22.8M-2.1%	-$22.3M+84.5%	-$143.8M
EPS (Diluted)	$0.63+31.3%	$0.48+4.3%	$0.46+215.0%	$-0.40-5.3%	$-0.38+84.4%	$-2.43

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$125.2M+17.4%	$106.7M+16.3%	$91.7M+5.8%	$86.7M-6.5%	$92.7M+1.3%	$91.5M+2.8%	$89.0M+12.4%	$79.1M
Cost of Revenue	$53.1M+34.7%	$39.4M+3.4%	$38.1M+13.7%	$33.5M-24.4%	$44.3M+9.6%	$40.4M-10.2%	$45.0M+39.7%	$32.2M
Gross Profit	$72.1M+7.2%	$67.3M+25.5%	$53.6M+0.8%	$53.2M+9.9%	$48.4M-5.2%	$51.0M+16.1%	$43.9M-6.3%	$46.9M
R&D Expenses	$1.5M-3.6%	$1.5M-2.4%	$1.5M+17.0%	$1.3M	N/A	N/A	$2.0M-7.1%	$2.2M
SG&A Expenses	$35.5M+3.7%	$34.2M-3.1%	$35.3M+5.5%	$33.5M+3.2%	$32.4M+3.0%	$31.5M-16.2%	$37.6M+20.2%	$31.3M
Operating Income	$24.1M-17.0%	$29.0M+102.5%	$14.3M-14.3%	$16.7M+75.9%	$9.5M-51.0%	$19.4M+575.9%	$2.9M-76.2%	$12.1M
Interest Expense	$1.8M-1.6%	$1.8M-4.9%	$1.9M+7.0%	$1.8M+11.4%	$1.6M-27.8%	$2.2M-1.8%	$2.3M+17.3%	$1.9M
Income Tax	$4.1M-21.6%	$5.2M+334.5%	$1.2M-83.6%	$7.3M+399.7%	$1.5M-38.6%	$2.4M+159.4%	-$4.0M-177.5%	$5.2M
Net Income	$637K-96.9%	$20.7M+83.5%	$11.3M+383.7%	$2.3M-56.1%	$5.3M-61.8%	$13.9M+287.8%	$3.6M+9.4%	$3.3M
EPS (Diluted)	N/A	$0.37+85.0%	$0.20+400.0%	$0.04	N/A	$0.26+271.4%	$0.07+16.7%	$0.06

IMAX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$894.0M+7.7%	$830.4M+1.9%	$814.7M-0.8%	$821.2M-7.0%	$883.2M-11.5%	$997.8M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$151.2M+50.3%	$100.6M+32.0%	$76.2M-21.8%	$97.4M-48.7%	$189.7M-40.2%	$317.4M
Inventory	$32.5M-1.0%	$32.8M+4.0%	$31.6M+0.2%	$31.5M+17.1%	$26.9M-32.0%	$39.6M
Accounts Receivable	$108.1M+0.4%	$107.7M-21.0%	$136.3M+0.1%	$136.1M+23.7%	$110.0M+95.5%	$56.3M
Goodwill	$45.8M-13.3%	$52.8M0.0%	$52.8M0.0%	$52.8M+35.3%	$39.0M0.0%	$39.0M
Total Liabilities	$466.3M+3.1%	$452.2M-3.6%	$469.1M-4.5%	$491.4M+8.5%	$452.9M-15.0%	$533.0M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	$2.5M-99.2%	$305.7M
Total Equity	$337.9M+12.8%	$299.5M+9.6%	$273.1M+3.7%	$263.4M-26.0%	$356.1M-9.6%	$394.0M
Retained Earnings	-$240.0M+12.6%	-$274.7M+6.2%	-$292.8M+0.1%	-$293.1M-24.7%	-$235.0M-15.8%	-$202.8M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$894.0M+0.5%	$889.6M+2.4%	$868.6M+2.4%	$848.3M+2.2%	$830.4M-2.0%	$847.6M+2.4%	$827.4M+0.4%	$824.1M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$151.2M+5.6%	$143.1M+31.0%	$109.3M+12.5%	$97.1M-3.5%	$100.6M-3.7%	$104.5M+14.1%	$91.6M+13.0%	$81.0M
Inventory	$32.5M-21.6%	$41.4M+12.9%	$36.7M+15.7%	$31.7M-3.4%	$32.8M-12.7%	$37.6M-0.5%	$37.8M+4.6%	$36.2M
Accounts Receivable	$108.1M-0.3%	$108.4M-14.6%	$126.9M+3.8%	$122.3M+13.6%	$107.7M-5.7%	$114.2M-6.0%	$121.5M-13.6%	$140.6M
Goodwill	$45.8M-13.3%	$52.8M0.0%	$52.8M0.0%	$52.8M0.0%	$52.8M0.0%	$52.8M0.0%	$52.8M0.0%	$52.8M
Total Liabilities	$466.3M+3.0%	$452.9M-2.3%	$463.5M-0.1%	$464.0M+2.6%	$452.2M-5.8%	$479.8M-1.0%	$484.4M-1.3%	$490.8M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$337.9M-3.3%	$349.5M+9.1%	$320.4M+7.0%	$299.5M0.0%	$299.5M+3.5%	$289.4M+8.3%	$267.2M+3.2%	$258.8M
Retained Earnings	-$240.0M+0.3%	-$240.6M+7.9%	-$261.3M+4.1%	-$272.4M+0.8%	-$274.7M+1.9%	-$280.0M+4.7%	-$293.9M+1.1%	-$297.3M

IMAX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$127.1M+79.4%	$70.8M+20.9%	$58.6M+238.4%	$17.3M+185.6%	$6.1M+126.4%	-$23.0M
Capital Expenditures	$8.2M-3.1%	$8.4M+29.8%	$6.5M-22.9%	$8.4M+134.7%	$3.6M+415.1%	$697K
Free Cash Flow	$118.9M+90.5%	$62.4M+19.7%	$52.1M+485.9%	$8.9M+259.5%	$2.5M+110.4%	-$23.7M
Investing Cash Flow	-$41.9M-1.7%	-$41.2M-29.7%	-$31.8M+40.3%	-$53.3M-761200.0%	-$7K+99.9%	-$9.3M
Financing Cash Flow	-$34.1M-464.1%	-$6.0M+87.6%	-$48.5M+17.1%	-$58.5M+55.9%	-$132.7M-155.2%	$240.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	$13.9M-62.0%	$36.6M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$29.4M-56.5%	$67.5M+190.6%	$23.2M+234.2%	$7.0M-39.5%	$11.5M-67.4%	$35.3M+0.7%	$35.0M+419.5%	-$11.0M
Capital Expenditures	$1.4M-48.4%	$2.7M+16.2%	$2.4M+43.5%	$1.6M-64.3%	$4.6M+309.6%	$1.1M-29.0%	$1.6M+43.7%	$1.1M
Free Cash Flow	$28.0M-56.8%	$64.8M+210.4%	$20.9M+293.3%	$5.3M-22.8%	$6.9M-79.9%	$34.2M+2.1%	$33.5M+377.1%	-$12.1M
Investing Cash Flow	-$7.1M+43.9%	-$12.7M-71.5%	-$7.4M+49.2%	-$14.6M-34.5%	-$10.9M+26.1%	-$14.7M-73.1%	-$8.5M-19.0%	-$7.1M
Financing Cash Flow	-$13.7M+34.3%	-$20.9M-455.7%	-$3.8M-188.7%	$4.2M+183.2%	-$5.1M+32.7%	-$7.6M+53.3%	-$16.2M-171.0%	$22.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$0	N/A	$0-100.0%	$246K-98.6%	$17.9M

IMAX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	60.0%+6.0pp	54.0%-3.2pp	57.2%+5.2pp	52.0%-0.7pp	52.7%+37.0pp	15.7%
Operating Margin	20.5%+8.1pp	12.4%-1.0pp	13.5%+15.1pp	-1.6%-5.9pp	4.3%+93.2pp	-88.9%
Net Margin	8.5%+1.1pp	7.4%+0.6pp	6.8%+14.3pp	-7.6%+1.2pp	-8.8%+96.2pp	-104.9%
Return on Equity	10.3%+1.6pp	8.7%-0.6pp	9.3%+17.9pp	-8.7%-2.4pp	-6.3%+30.2pp	-36.5%
Return on Assets	3.9%+0.8pp	3.1%+0.0pp	3.1%+5.9pp	-2.8%-0.2pp	-2.5%+11.9pp	-14.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.38-0.1	1.51-0.2	1.72-0.1	1.87+1.9	0.01-0.8	0.78
FCF Margin	29.0%+11.3pp	17.7%+3.8pp	13.9%+10.9pp	3.0%+2.0pp	1.0%+18.3pp	-17.3%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	57.6%-5.4pp	63.1%+4.6pp	58.5%-2.9pp	61.4%+9.2pp	52.2%-3.6pp	55.8%+6.4pp	49.4%-9.9pp	59.3%
Operating Margin	19.3%-8.0pp	27.2%+11.6pp	15.7%-3.7pp	19.3%+9.0pp	10.3%-11.0pp	21.2%+18.0pp	3.2%-12.0pp	15.3%
Net Margin	0.5%-18.9pp	19.4%+7.1pp	12.3%+9.6pp	2.7%-3.0pp	5.7%-9.5pp	15.2%+11.2pp	4.0%-0.1pp	4.1%
Return on Equity	0.2%-5.7pp	5.9%+2.4pp	3.5%+2.7pp	0.8%-1.0pp	1.8%-3.0pp	4.8%+3.5pp	1.3%+0.1pp	1.3%
Return on Assets	0.1%-2.3pp	2.3%+1.0pp	1.3%+1.0pp	0.3%-0.4pp	0.6%-1.0pp	1.6%+1.2pp	0.4%+0.0pp	0.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.38+0.1	1.30-0.2	1.45-0.1	1.55+0.0	1.51-0.1	1.66-0.2	1.81-0.1	1.90
FCF Margin	22.3%-38.4pp	60.7%+38.0pp	22.8%+16.6pp	6.1%-1.3pp	7.4%-29.9pp	37.4%-0.3pp	37.6%+52.9pp	-15.3%

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Frequently Asked Questions

What is Imax Corp's annual revenue?

Imax Corp (IMAX) reported $410.2M in total revenue for fiscal year 2025. This represents a 16.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Imax Corp's revenue growing?

Imax Corp (IMAX) revenue grew by 16.5% year-over-year, from $352.2M to $410.2M in fiscal year 2025.

Is Imax Corp profitable?

Yes, Imax Corp (IMAX) reported a net income of $34.9M in fiscal year 2025, with a net profit margin of 8.5%.

What is Imax Corp's EBITDA?

Imax Corp (IMAX) had EBITDA of $146.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Imax Corp's gross margin?

Imax Corp (IMAX) had a gross margin of 60.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Imax Corp's operating margin?

Imax Corp (IMAX) had an operating margin of 20.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Imax Corp's net profit margin?

Imax Corp (IMAX) had a net profit margin of 8.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Imax Corp's return on equity (ROE)?

Imax Corp (IMAX) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Imax Corp's free cash flow?

Imax Corp (IMAX) generated $118.9M in free cash flow during fiscal year 2025. This represents a 90.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Imax Corp's operating cash flow?

Imax Corp (IMAX) generated $127.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Imax Corp's total assets?

Imax Corp (IMAX) had $894.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Imax Corp's capital expenditures?

Imax Corp (IMAX) invested $8.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Imax Corp spend on research and development?

Imax Corp (IMAX) invested $5.8M in research and development during fiscal year 2025.

How many shares does Imax Corp have outstanding?

Imax Corp (IMAX) had 54M shares outstanding as of fiscal year 2025.

What is Imax Corp's debt-to-equity ratio?

Imax Corp (IMAX) had a debt-to-equity ratio of 1.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Imax Corp's return on assets (ROA)?

Imax Corp (IMAX) had a return on assets of 3.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Imax Corp's Piotroski F-Score?

Imax Corp (IMAX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Imax Corp's earnings high quality?

Imax Corp (IMAX) has an earnings quality ratio of 3.64x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Imax Corp cover its interest payments?

Imax Corp (IMAX) has an interest coverage ratio of 11.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Imax Corp?

Imax Corp (IMAX) scores 67 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.