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IMAX Corporation

NYSE•IMAX
CEO: Mr. Richard Lewis Gelfond J.D.
Sector: Communication Services
Industry: Entertainment
Listing Date: 1994-06-10
IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies. It also offers preventative and emergency maintenance services and quality monitoring to the IMAX network; film post-production services; and IMAX film and digital cameras to content creators. In addition, the company engages in the distribution of large-format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; sale or lease of IMAX theater systems; provision of management services to three other theaters, as well as production advice and technical assistance to documentary and Hollywood filmmakers; and rental of company's proprietary 2D and 3D large-format film cameras. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAXTM, IMAX Live, IMAX Enhanced, and SSIMWAVE. The company operates a network of IMAX systems comprising commercial multiplexes, commercial destinations, and institutional locations in 90 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.
Contact Information
2525 Speakman Drive, Mississauga, ON, L5K 1B1, Canada
905-403-6500
www.imax.com
Market Cap
$2.18B
P/E (TTM)
62.2
20.3
Dividend Yield
--
52W High
$43.16
52W Low
$20.48
52W Range
88%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$125.21M+0.00%
4-Quarter Trend

EPS

$0.01+0.00%
4-Quarter Trend

FCF

$26.81M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Global Box Office Record Global box office hit $1.28B USD, marking 40% increase over prior year period, driven by strong content.
Revenue and Margin Strong Total revenue reached $410.2M USD, up 16%; Gross margin increased 29% to $246.2M USD.
Network Expansion Continues Total IMAX Systems grew 3.2% to 1,864 units operating across 91 countries and territories as of year-end.
Net Income Improvement Net income attributable to common shareholders was $34.9M USD, reflecting 33.8% growth from $26.1M USD.

Risk Factors

Content Success Dependency Growth relies heavily on availability and commercial success of third-party remastered films and content releases.
International Operations Exposure Significant presence in China and global operations face geopolitical, trade barrier, and currency fluctuation risks.
Goodwill Impairment Recorded Recorded $7.0M goodwill impairment charge related to SSIMWAVE reporting unit due to market focus change.
Debt Covenants Restrict Flexibility Indebtedness limits operating flexibility, restricting ability to incur additional debt or make certain distributions.

Outlook

Laser System Upgrade Cycle Striving to remain forefront by facilitating next major renewal cycle for global IMAX network using Laser Systems.
International Market Penetration Majority of future network growth expected from international markets; currently 76% of multiplex systems are international.
AI Integration Strategy Actively exploring global use cases for AI tools to improve products, operations, and overall business efficiency.
Content Diversity Expansion Strategy focuses on expanding local language films and securing exclusive content windows for 2026 slate.

Peer Comparison

Revenue (TTM)

AMC stock ticker logoAMC
$4.85B
+4.6%
LILA stock ticker logoLILA
$4.44B
-0.3%
IQ stock ticker logoIQ
$3.79B
-6.9%

Gross Margin (Latest Quarter)

AMC stock ticker logoAMC
140.4%
+0.0pp
IRDM stock ticker logoIRDM
79.1%
-0.6pp
IAS stock ticker logoIAS
77.0%
-2.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SPHR$4.10B121.61.5%22.8%
LION$2.90B-11.720.9%3.0%
IRDM$2.51B21.924.0%69.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
13.0%
Steady Growth
4Q Net Income CAGR
-35.1%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 21, 2026
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LTM
No Data