IMAX Corporation Reports Q2 Results

About this update from Imax Corporation

[{"type":"image","alt":"Infographic highlighting IMAX's 2Q 2025 earnings results.","displaySize":"","headline":null,"caption":"Infographic highlighting IMAX's 2Q 2025 earnings results.","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":371,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/7b2e208dbd4a3c7e0ee7d3b33c41b8b7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/udzFFq7SgoFDM9cBrUXdpA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTkxMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7b2e208dbd4a3c7e0ee7d3b33c41b8b7","width":371,"height":480}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Growth in network sales and installations and box office combine to deliver strong financial results for global entertainment technology platform, including over 25% YoY increase in Net Income, Adjusted EBITDA (1) , EPS and Adjusted EPS (1) ","length":237,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Increasing demand for IMAX drives network growth momentum with 36 system installations in Q2 (+50% YoY) and 123 signings year-to-date (vs. 130 in full year 2024)","length":161,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strong YoY growth in IMAX box office (+41%) contributes to high incremental profits with Net Income margin of 13%, up 760 basis points YoY and Adjusted EBITDA (1) margin of 43%, up 780 basis points YoY","length":200,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"IMAX share of global box office surges +19% YoY in Q2 as Company delivers highest grossing quarter ever at the North American box office ($143 million)","length":151,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":749,"olType":false},{"type":"text","content":" NEW YORK, July 24, 2025 --( BUSINESS WIRE )--IMAX Corporation (NYSE: IMAX) today reported strong financial results for the second quarter of 2025, demonstrating the value of its unique global entertainment platform and broad content portfolio.","length":240,"tagName":"p"},{"type":"text","content":""IMAX delivered outstanding financial results in the Second Quarter as the key drivers of our business worked in concert, with strong network growth worldwide, record box office in North America, and impressive market share gains driven by more releases filmed with our technology than ever," said Rich Gelfond, CEO of IMAX.","length":334,"tagName":"p"},{"type":"text","content":""Our results are driven in part by strong network growth, with 57 IMAX locations opened worldwide and system sales pacing well ahead of 2024 through the first six months of the year. The strength of our system installations this early in the year is a strong indicator of our momentum, as our exhibition partners worldwide are clearly looking to capitalize on our surging share of the global box office."","length":414,"tagName":"p"},{"type":"text","content":""With the Third Quarter off to a very strong start, IMAX is taking its performance to the next level year to date. We remain on track to deliver a record $1.2 billion in global box office in 2025. Our market share on this summer slate has reached all-time highs thanks to an unprecedented run of eight Filmed for IMAX® releases shot with our cameras, for our screens. And we are pacing well ahead of our projections for IMAX system sales and installations around the world."","length":484,"tagName":"p"},{"type":"text","content":""The fundamentals of our business are strong, the strength and impact of our brand across the entertainment landscape has reached new highs, and we have tremendous runway with a strong slate and network growth prospects ahead."","length":237,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"3","rowspan":"1","val":[{"type":"text","content":"_______________","length":15,"tagName":"p"}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;","val":[{"type":"text","content":" (1) ","length":3,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;","val":[{"type":"text","content":" Non-GAAP Financial Measure. 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