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Imax global box office grosses jumped by nearly 50% in the September quarter from the year before to $368 million driven by a mix of Hollywood and local language films and alternative events. Highlights included Demon Slayer: Infinity Castle and a return to theaters of the circuit’s highest grossing Hollywood release of 2025, F1: The Movie.
Revenue rose 10% to $106.7 million and profit surged 67% to $22.6 million for the quarter, ahead of Wall Street forecasts. Cash flow was $67.5 million. Shares are up nearly 3% in early trading.
Imax delivered 4.2% of the global box office, an increase of 49% year-over-year. Over 20 local language titles featured breakout anime hit Demon Slayer: Infinity Castle – Imax’s highest grossing title in Japan and highest grossing domestic foreign language film.
Filmed for Imax releases including Superman, Dongji Rescue and Fantastic Four: First Steps, as well as F1 — the company’s highest grossing Hollywood release of the year. In Q3, while domestic box office declined 11% year-on-year, Imax was up 29% in North America.
Alternative content ranged from The Grateful Dead Movie, David Gilmour Concert and Prince Sign O’ the Times) to Hollywood re-releases of Jaws, Apollo 13 and Black Swan and live-streamed events Dead & Company and Spinal Tap II.
“In prior years, when IMAX posted big results, you could usually point to a single defining title — Avatar, Top Gun, Oppenheimer. But now, our performance is increasingly driven by the full breadth of our content strategy,” said Gelfond. “IMAX is, quite simply, a different company than it was just a few years ago.”
The company “has never been better positioned creatively, commercially, or strategically,” he added and “we continue to believe the best is yet to come, with no less than four massive tentpoles expected in 2026 – The Odyssey, Narnia, Dune Part Three and The Mandalorian and Grogu — for which IMAX is a central component of the filmmaking, marketing, and distribution.”
Warner Bros. hit horror film Sinners will be back on the giant screens soon for a Halloween weekend reprise. The company reiterated its full-year 2025 guidance of $1.2 billion in global box office.
Box office flows led to content revenue of $44.8 million, up 49% year-over-year. Technology Products and Services, reflecting sales of new Imax systems, rose 4% to $60.4 million. System installations pacing to high-end of full year guidance (150 to 160) and signings of 142 year-to-date have eclipsed full-year 2024 (130).
Gelfond hosts a call with analysts at 8:30 ET.
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