IMAX Corporation (IMAX) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

IMAX Corporation reported revenue of $175 million for Q3 2026, up 64% from a year earlier (IMAX Corporation, Nov 5, 2026). Diluted EPS was $1.96, up 430% from $0.37. Content Solutions brought in $94.0 million, up 110%. Every figure is from IMAX Corporation's release. Walnut is informational, not investment advice.

IMAX Q3 2026 results

In one sentence

IMAX Corporation reported revenue of $175 million for Q3 2026, up 64% from a year earlier (IMAX Corporation, Nov 5, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$175 million$107 millionup 64%
Diluted EPS (GAAP)$1.96$0.37up 430%
Diluted EPS (Adjusted EPS)$2.21$0.47up 370%
Net income$114 million$20.7 millionup 451%

The quarter ended September 30, 2026 and IMAX Corporation published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. IMAX Corporation reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Q3 2026 net income attributable to common shareholders includes a $36.7 million ($0.63 per diluted share) release of a valuation allowance on Canadian deferred tax assets. That release is in both GAAP and Adjusted EPS. IMAX reports in thousands; figures here are in millions.
  • Net income and EPS are attributable to common shareholders, after the share of IMAX China owned by outside shareholders.

Source: IMAX Q3 2026 results, November 5, 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.

IMAX revenue by segment

How IMAX Corporation 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.

Revenue by segmentQ3 2026Q3 2025Change
Content Solutions$94.0 million$44.8 millionup 110%
Technology Products and Services$77.3 million$60.4 millionup 28%
All Other$3.3 million$1.4 millionup 137%
  • IMAX Corporation's Content Solutions revenue was $94.0 million in Q3 2026, up 110% from $44.8 million in Q3 2025, 54% of total revenue.
  • IMAX Corporation's Technology Products and Services revenue was $77.3 million in Q3 2026, up 28% from $60.4 million in Q3 2025, 44% of total revenue.
  • IMAX Corporation's All Other revenue was $3.3 million in Q3 2026, up 137% from $1.4 million in Q3 2025, 2% 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.

IMAX 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
$175 million$1.96Nov 5, 2026
Q2 2026
ended Jun 30, 2026
$103 million$0.27Jul 23, 2026
Q1 2026
ended Mar 31, 2026
$81.4 million$0.07Apr 30, 2026
Q4 2025
ended Dec 31, 2025
$125 million$0.01Feb 25, 2026
Q3 2025
ended Sep 30, 2025
$107 million$0.37Oct 23, 2025

GAAP revenue and diluted EPS attributable to common shareholders, each as first reported in that quarter's release.

When does IMAX report earnings next?

We do not hold a confirmed date for IMAX Corporation'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 IMAX Corporation 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 5, 2026

What IMAX Corporation's revenue is made of

IMAX Corporation's revenue was $174.6 million in Q3 2026, up 64% from $106.7 million, its best quarter on record. Content Solutions brought in $94.0 million, up 110%, and Technology Products and Services $77.3 million, up 28%. All Other, which includes the Streaming and Consumer Technology business, was $3.3 million. (IMAX Q3 2026 release, Nov 5, 2026)

Content Solutions revenue tracks box office. IMAX's 10-K says that in a typical film remastering and distribution deal it earns a percentage of box office from the studio, averaging about 12.5% on a gross basis. IMAX global box office reached a record $712 million in Q3 2026, up 94%, or 6.7% of the industry's global box office on less than 1% of worldwide screens. The Odyssey contributed $538 million and Spider-Man: Brand New Day $58 million. (IMAX Form 10-K, 2025, Feb 25, 2026; IMAX Q3 2026 release, Nov 5, 2026)

Technology Products and Services also gains from box office through joint revenue sharing arrangements, where IMAX is paid a percentage of box office receipts. Technology rentals revenue rose to $41.4 million from $23.3 million. Technology sales were $18.9 million, against $19.4 million, with 15 systems installed under sales arrangements against 17. (IMAX Q3 2026 release, Nov 5, 2026; IMAX Form 10-K, 2025, Feb 25, 2026)

By geography, the United States contributed $70.4 million of IMAX's Q3 2026 revenue, Western Europe $29.6 million, Greater China $28.4 million and Asia outside Greater China $24.6 million. Each of those four was more than 10% of total revenue in the quarter. (IMAX Form 10-Q, Q3 2026, Nov 5, 2026)

What IMAX Corporation's EPS includes

IMAX Corporation's GAAP diluted EPS was $1.96 in Q3 2026, against $0.37. It includes a $36.7 million ($0.63 per diluted share) valuation allowance release on Canadian deferred tax assets, which turned the tax line into a $43.3 million recovery. Income from operations was $74.9 million, against $29.0 million. (IMAX Q3 2026 release, Nov 5, 2026)

Adjusted EPS of $2.21 adds back share-based compensation of $9.6 million and a $6.8 million goodwill impairment, less a tax effect. The impairment wrote off the remaining goodwill in the Streaming and Consumer Technology reporting unit, which IMAX attributed to a shift in product and service offerings and organizational changes in the quarter. (IMAX Q3 2026 release, Nov 5, 2026; IMAX Form 10-Q, Q3 2026, Nov 5, 2026)

Diluted weighted average shares rose to 58,007 thousand from 55,565 thousand, partly because the calculation now includes shares potentially issuable on conversion of IMAX's convertible notes. IMAX did not repurchase shares in the quarter and had about $237.0 million left under its repurchase program at September 30, 2026. (IMAX Q3 2026 release, Nov 5, 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 IMAX Corporation

IMAX Corporation's Q3 2026 release does not give a numeric outlook for revenue or earnings. It points to the December release of Dune: Part Three and the Chinese release of Avengers: Doomsday as the start of its 2027 slate, and says signings for IMAX systems passed 100 year-to-date, 65% of them for new locations. (IMAX Q3 2026 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover IMAX Corporation, 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 IMAX Corporation

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

MetricLatest reported
IMAX global box office
$712 million, up 94%
6.7% of the industry's Q3 global box office
Content Solutions gross margin
76%, against 71%
Segment gross margin $71.7 million on revenue of $94.0 million
Total Adjusted EBITDA margin
69.3%, against 48.6%
Total Adjusted EBITDA $120.9 million
System installations
32 systems, against 38
15 under sales arrangements, against 17
Backlog
409 IMAX systems
1,820 commercial multiplex systems in the network, against 1,759

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

How to check IMAX's figures yourself

Every number on this page can be traced to a document IMAX Corporation 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 IMAX Corporation

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

FAQ

What was IMAX Corporation's revenue last quarter?

+

IMAX Corporation reported revenue of $175 million for Q3 2026, the quarter ended September 30, 2026, against $107 million in Q3 2025 (up 64%). The figures come from IMAX Corporation's results release of November 5, 2026.

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

+

Diluted EPS was $1.96 on a GAAP basis, against $0.37 a year earlier. On IMAX Corporation's Adjusted EPS basis it was $2.21, against $0.47. 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.

When does IMAX report earnings next?

+

We do not hold a confirmed date for IMAX Corporation'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 IMAX Corporation's revenue come from?

+

IMAX Corporation's Content Solutions revenue was $94.0 million in Q3 2026, up 110% from $44.8 million in Q3 2025, 54% of total revenue. IMAX Corporation's Technology Products and Services revenue was $77.3 million in Q3 2026, up 28% from $60.4 million in Q3 2025, 44% of total revenue. IMAX Corporation's All Other revenue was $3.3 million in Q3 2026, up 137% from $1.4 million in Q3 2025, 2% of total revenue. These are the lines of IMAX Corporation's own "revenue by segment" table for Q3 2026.

How much did IMAX Corporation's revenue grow last quarter?

+

Up 64% on the year: $175 million in Q3 2026 against $107 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in IMAX Corporation's business do not distort it.

What is the difference between IMAX Corporation's GAAP and Adjusted EPS EPS?

+

GAAP EPS follows US accounting rules and is the figure in the audited statements. IMAX Corporation's Adjusted EPS 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 $1.96 and $2.21. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the IMAX numbers on this page come from?

+

From IMAX Corporation'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 IMAX Corporation'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.

Related stocks