Imax reports Q1 revenue and profit decline despite hits

Imax's revenues and profits fell in the first quarter of 2026, despite strong performances from 'Avatar: Fire and Ash' and 'Project Hail Mary.' The company posted $81 million in revenue, down 6.5% from last year, and net income of $6.2 million, down 26%. Results beat Wall Street expectations.

Imax announced its first-quarter results for the period ending March 2026, revealing revenues of $81 million, a 6.5% decrease from $86.7 million in the prior year's quarter. Net income dropped 26% to $6.2 million from $8.2 million, though adjusted earnings per share improved to 17 cents from a 13-cent loss. These figures exceeded analysts' expectations of $79.9 million in revenue and 15 cents per share, according to the company.

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