Imax Corp Stock Price, News & Analysis

IMAX Corporation (NYSE:IMAX) reported strong Q2 2025 financial results, demonstrating significant growth across key metrics. Total revenue reached $91.7 million, up 3% year-over-year, while net income surged 139% to $12.2 million.

The company achieved notable operational milestones, including 36 system installations in Q2 (+50% YoY) and 123 signings year-to-date. IMAX box office grew 41% YoY, contributing to a record North American quarter of $143 million. The company's global box office market share increased 19% to 3.6%.

Financial highlights include an improved net income margin of 13.3% (up 760 basis points) and Adjusted EBITDA margin of 42.6% (up 780 basis points). IMAX maintains strong liquidity of $416 million and remains on track to deliver $1.2 billion in global box office for 2025.

IMAX Corporation (NYSE:IMAX) and HOYTS Cinemas have announced a significant partnership to install up to five new IMAX with Laser systems across Australia. The first location will open in Melbourne later in 2025, coinciding with the release of "Avatar: Fire and Ash".

This partnership marks a revival of their relationship after a four-year hiatus since 2019. IMAX has shown remarkable growth in Australia, currently ranking as the tenth largest market globally for IMAX box office. The company achieved its highest grossing year since 2015 in Australia last year, with an impressive average of $4.5 million per screen.

The expansion comes amid IMAX's increasing market share in Australia, with box office indexing growing from 2.6% in 2024 to 4.4% in 2025. The new locations will feature IMAX with Laser technology, offering 4K images, precision audio, and advanced projection systems.

IMAX Corporation (NYSE: IMAX) has successfully renewed and expanded its senior secured revolving credit facility from $300 million to $375 million. The new facility, maturing in 2030, includes an uncommitted accordion feature that could increase borrowing capacity to $515 million or greater.

Arranged with Wells Fargo Securities, LLC as the sole lead arranger and a syndicate of seven lenders, the renewed facility features reduced borrowing costs. The agreement aims to support IMAX's operational needs, network expansion, debt refinancing, and general corporate purposes.

IMAX Corporation (NYSE: IMAX) reported exceptional box office performance for Warner Bros./DC Studios' "Superman," generating $30.4 million globally in its opening weekend. The film achieved a remarkable 15.6% market share of North American earnings with $19.1 million, setting a record for films opening above $100 million domestically.

This success follows IMAX's strong performance with "F1®: The Movie," which has earned $73 million on IMAX screens, representing 18.5% of the film's global total. The company continues to demonstrate consistent market dominance, marking its seventh consecutive Filmed for IMAX release achieving over 10% of North American opening weekend earnings on approximately 400 screens.

IMAX Corporation (NYSE: IMAX) has scheduled its second quarter 2025 financial results conference call for Thursday, July 24th at 8:30 a.m. Eastern Time. The company will host a webcast accessible through their investor relations website. Participants can pre-register for telephone access through a dedicated link, and are encouraged to join ten minutes before the start time. A replay will be available on IMAX's investor relations website after the call.

IMAX Corporation (NYSE: IMAX) reported a stellar opening weekend for "F1®: The Movie," generating $28 million in global box office revenue. The film demonstrated exceptional performance in IMAX theaters, capturing 23% of North American and 19% of global box office debuts - marking the fourth-best global result ever for IMAX.

The movie's domestic IMAX earnings reached $13 million, while international markets contributed $11 million. Notably, IMAX screens in China generated $4 million, representing 43% of the nationwide debut. The film is part of IMAX's summer blockbuster season featuring eight consecutive Filmed for IMAX releases.

Technically, "F1®: The Movie" was shot using multiple IMAX-certified digital cameras, featuring Brad Pitt driving at 180 mph. The film is presented in IMAX's exclusive 1.90:1 expanded aspect ratio with a custom sound mix, demonstrating IMAX's strategic collaboration with Apple Original Films and Warner Bros. Pictures.

IMAX Corporation and Helios, Poland's largest cinema chain, have announced a strategic partnership to open two new IMAX with Laser locations in Gdynia and Szczecin. The theaters will debut with the premiere of 'Avatar: Fire and Ash'. This expansion will increase IMAX's presence in Poland from six to eight locations, marking the first new openings since 2022 and the first partnership with a new exhibitor since 2003. The new locations will feature IMAX's advanced 4k laser projection system, offering enhanced image quality with brighter visuals, increased resolution, deeper contrast, and a wider color range. The partnership represents IMAX's commitment to growth in Poland's dynamic market and Helios' strategy to invest in both metropolitan and regional cities.

IMAX Corporation (NYSE: IMAX) has announced a $100 million increase to its share repurchase program, bringing the total authorization to $500 million, with approximately $250 million still available. The program has also been extended by one year through June 30, 2027. Since the program's inception in July 2017, IMAX has repurchased 15.1 million common shares, representing about 23% reduction in shares outstanding, for a total of $249.3 million. The company can execute repurchases through open market or private transactions, including Rule 10b5-1 plans, subject to market conditions and legal requirements. The program is voluntary and can be suspended at any time, excluding shares repurchased for employee share-based compensation plans.

IMAX (NYSE: IMAX) has achieved a significant milestone with "Mission: Impossible — The Final Reckoning", generating a $31 million global opening through Monday — the largest IMAX global debut in the franchise's history. The film captured 14.2% of global box office from less than 900 IMAX screens, marking the second-biggest Memorial Day Weekend debut for IMAX, following "Top Gun: Maverick".

The movie secured $15.7 million in international markets, setting a record for Tom Cruise's biggest IMAX international opening. In North America, it earned $15.3 million, representing 20% of the domestic opening weekend. The film, shot with IMAX digital cameras, will continue its run for two weeks and is yet to open in China on May 30.