AMC Entertainment (AMC) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

AMC Entertainment reported revenue of $1.7 billion for Q3 2026, up 32% from a year earlier (AMC Entertainment, Nov 4, 2026). Diluted EPS was $0.12. Admissions brought in $954 million, up 33%. Every figure is from AMC Entertainment's release. Walnut is informational, not investment advice.

AMC Q3 2026 results

In one sentence

AMC Entertainment reported revenue of $1.7 billion for Q3 2026, up 32% from a year earlier (AMC Entertainment, Nov 4, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$1,711 million$1,300 millionup 32%
Diluted EPS (GAAP)$0.12-$0.58n/a
Diluted EPS (adjusted)$0.13-$0.21n/a
Net income$109 million-$298 millionn/a

The quarter ended September 30, 2026 and AMC Entertainment published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. AMC Entertainment reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • AMC's two reportable segments are U.S. markets ($1,299.1 million of Q3 2026 revenue) and International markets ($412.0 million). The table above splits revenue by type, as AMC's income statement does.
  • Year-ago results include a $196.0 million loss on extinguishment of debt, which is why Q3 2025 GAAP EPS was a loss of $0.58.

Source: AMC Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

AMC revenue by segment

How AMC Entertainment splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Revenues by typeQ3 2026Q3 2025Change
Admissions$954 million$715 millionup 33%
Food and beverage$589 million$452 millionup 30%
Other theatre$168 million$133 millionup 26%
  • AMC Entertainment's Admissions revenue was $954 million in Q3 2026, up 33% from $715 million in Q3 2025, 56% of total revenue.
  • AMC Entertainment's Food and beverage revenue was $589 million in Q3 2026, up 30% from $452 million in Q3 2025, 34% of total revenue.
  • AMC Entertainment's Other theatre revenue was $168 million in Q3 2026, up 26% from $133 million in Q3 2025, 10% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

AMC Entertainment's outlook for full year 2026

From the earnings release

AMC gives no revenue, EBITDA or EPS outlook. These are the CEO's expectations as quoted in the release.

In its Q3 2026 release (Adam Aron, Chairman and CEO), AMC Entertainment said:

“This gives us confidence to expect that AMC will achieve the much-welcomed milestone of positive annual Free Cash Flow for the full year 2026.”

“We expect the remaining film slate to propel both the domestic and global box office to their highest full-year levels in seven years.”

Source: AMC Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the AMC forecast page.

AMC recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$1,711 million$0.12Nov 4, 2026
Q2 2026
ended Jun 30, 2026
$1,597 million-$0.02Jul 20, 2026
Q1 2026
ended Mar 31, 2026
$1,045 million-$0.22May 5, 2026
Q4 2025
ended Dec 31, 2025
$1,288 million-$0.25Feb 23, 2026
Q3 2025
ended Sep 30, 2025
$1,300 million-$0.58Nov 5, 2025

Total revenues and GAAP diluted earnings (loss) per share, each as first reported in that quarter's release. AMC's diluted share count rose from 513,010 thousand in Q3 2025 to 896,634 thousand in Q3 2026, so per-share figures across this table are on very different share bases.

When does AMC report earnings next?

We do not hold a confirmed date for AMC Entertainment's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past AMC Entertainment quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 4, 2026

What AMC Entertainment's revenue is made of

AMC Entertainment's revenue comes from three lines. In Q3 2026 admissions brought in $953.5 million of the $1,711.1 million total, food and beverage $589.4 million and other theatre revenue $168.2 million. Total revenues rose 31.6% from $1,300.2 million, which AMC called the highest quarterly revenue in its history. (AMC Q3 2026 release, Nov 4, 2026)

Admissions revenue rose $238.4 million, or 33.3%. The 10-Q attributes it to attendance up 28.3%, from 58.4 million to 74.9 million patrons, and a 3.9% increase in average ticket price, which it ties to premium format screens, higher prices across formats and more A-List subscription members paying a higher membership cost. The consolidated average ticket price was $12.73, against $12.25; in U.S. markets it was $13.55. (AMC Form 10-Q, Q3 2026, Nov 4, 2026; AMC Q3 2026 release, Nov 4, 2026)

Food and beverage revenue rose $137.6 million, or 30.5%, on attendance and spending per patron, which rose 1.7% from $7.74 to $7.87. U.S. guests spent $8.85 per patron on food and beverage and international guests $5.61. Other theatre revenue, which includes ticket fees and advertising, rose $34.9 million, or 26.2%. (AMC Form 10-Q, Q3 2026, Nov 4, 2026; AMC Q3 2026 release, Nov 4, 2026)

AMC reports two segments. U.S. markets revenue was $1,299.1 million on attendance of 52,133 thousand, and International markets revenue $412.0 million on attendance of 22,784 thousand, up 41.5%. AMC operated 840 theatres and 9,472 screens at September 30, 2026, against 856 and 9,636 a year earlier. (AMC Q3 2026 release, Nov 4, 2026)

AMC depends on a small group of studios. In 2025 films from its seven largest distributors (Disney, Warner Bros., Universal, Sony, Paramount, 20th Century Studios and Lionsgate Films) accounted for about 83% of U.S. admissions revenues, and in Europe about 76% of box office revenue came from its five largest distributor groups. Film exhibition costs are a share of admissions revenue; in U.S. markets they were 52.9% of admissions in Q3 2026, against 52.3%. (AMC Form 10-K, 2025, Feb 23, 2026; AMC Form 10-Q, Q3 2026, Nov 4, 2026)

What AMC Entertainment's EPS includes

AMC Entertainment earned GAAP diluted EPS of $0.12 in Q3 2026, against a loss of $0.58 a year earlier, and adjusted diluted EPS of $0.13, against a loss of $0.21. Adjusted net earnings of $116.9 million add back to net earnings of $109.3 million a $6.4 million marked-to-market loss on derivatives, a $0.6 million loss on extinguishment of debt and a $0.6 million loss on its investment in Hycroft. (AMC Q3 2026 release, Nov 4, 2026)

The year-ago loss was driven by other expense of $194.8 million, mostly a $196.0 million loss on extinguishment of debt. Interest on corporate borrowings was $110.3 million in Q3 2026, against $119.0 million, and the income tax provision was $9.5 million. (AMC Q3 2026 release, Nov 4, 2026)

The share count has grown sharply. Diluted weighted average shares were 896,634 thousand in Q3 2026, against 513,010 thousand a year earlier. In the first nine months of 2026 AMC issued 105.3 million shares through at-the-market offerings for $150.0 million of gross proceeds, and in May 2026 it issued 142,102,295 shares to settle the exchange of its New Exchangeable Notes. About $116.1 million of Existing Exchangeable Notes remained, exchangeable into about 23.1 million shares. (AMC Q3 2026 release, Nov 4, 2026; AMC Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at AMC Entertainment

AMC Entertainment does not give numeric revenue, EBITDA or EPS guidance in its release. CEO Adam Aron said the company expects positive annual free cash flow for 2026, after Q3 free cash flow of $109.3 million brought the year-to-date figure to $124.7 million, and that the remaining film slate should take domestic and global box office to their highest full-year levels in seven years. He said October domestic box office was up approximately 35% on the same month last year. (AMC Q3 2026 release, Nov 4, 2026)

On October 5, 2026 AMC completed a $3.97 billion refinancing covering about 97% of its debt, extending maturities to 2031 and 2033. It issued $2.0 billion of 8.875% first lien notes due 2031 and entered into an $850 million first lien term loan and a $1.12 billion second lien term loan. (AMC Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover AMC Entertainment, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at AMC Entertainment

The figures below are the ones AMC Entertainment's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Attendance
74,917 thousand, up 28.3% from 58,377 thousand
U.S. markets 52,133 thousand; International markets 22,784 thousand
AMC Q3 2026 release, Nov 4, 2026
Average ticket price
$12.73, up from $12.25
U.S. markets $13.55, International markets $10.84
AMC Q3 2026 release, Nov 4, 2026
Food and beverage per patron
$7.87, up from $7.74
AMC Q3 2026 release, Nov 4, 2026
Adjusted EBITDA
$347.5 million, up 183.7% from $122.5 million
Adjusted EBITDA margin 20.3%, against 9.4%
AMC Q3 2026 release, Nov 4, 2026
Free cash flow
$109.3 million, against $(81.1) million
Year to date $124.7 million
AMC Q3 2026 release, Nov 4, 2026
Corporate borrowings (principal)
$3,782.6 million at September 30, 2026
Cash and cash equivalents $751.9 million
AMC Q3 2026 release, Nov 4, 2026

What the quarter means for a holding is a separate question from what it reported. The case for and against owning AMC is on is AMC a buy or a sell?, what analysts expect next is on the AMC forecast, and what the company does is on the AMC Entertainment (AMC) stock page.

How to check AMC's figures yourself

Every number on this page can be traced to a document AMC Entertainment published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about AMC Entertainment

Ask Walnut's AI anything about AMC and see how it fits what you own.

FAQ

What was AMC Entertainment's revenue last quarter?

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AMC Entertainment reported revenue of $1,711 million for Q3 2026, the quarter ended September 30, 2026, against $1,300 million in Q3 2025 (up 32%). The figures come from AMC Entertainment's results release of November 4, 2026.

What were AMC's earnings per share for Q3 2026?

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Diluted EPS was $0.12 on a GAAP basis, against -$0.58 a year earlier. On AMC Entertainment's adjusted basis it was $0.13, against -$0.21. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did AMC Entertainment give for full year 2026?

+

AMC gives no revenue, EBITDA or EPS outlook. These are the CEO's expectations as quoted in the release. In its Q3 2026 release, AMC Entertainment said: "This gives us confidence to expect that AMC will achieve the much-welcomed milestone of positive annual Free Cash Flow for the full year 2026. We expect the remaining film slate to propel both the domestic and global box office to their highest full-year levels in seven years." That is the company's own outlook as of Nov 4, 2026, and companies revise outlooks as the quarter goes on.

When does AMC report earnings next?

+

We do not hold a confirmed date for AMC Entertainment's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does AMC Entertainment's revenue come from?

+

AMC Entertainment's Admissions revenue was $954 million in Q3 2026, up 33% from $715 million in Q3 2025, 56% of total revenue. AMC Entertainment's Food and beverage revenue was $589 million in Q3 2026, up 30% from $452 million in Q3 2025, 34% of total revenue. AMC Entertainment's Other theatre revenue was $168 million in Q3 2026, up 26% from $133 million in Q3 2025, 10% of total revenue. These are the lines of AMC Entertainment's own "revenues by type" table for Q3 2026.

How much did AMC Entertainment's revenue grow last quarter?

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Up 32% on the year: $1,711 million in Q3 2026 against $1,300 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in AMC Entertainment's business do not distort it.

What is the difference between AMC Entertainment's GAAP and adjusted EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. AMC Entertainment's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.12 and $0.13. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the AMC numbers on this page come from?

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From AMC Entertainment's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from AMC Entertainment's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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