Record-Breaking Box Office Performance
Q2 was IMAX's highest grossing quarter ever at the domestic box office, with a 41% year-over-year increase in global box office revenue. The company remains on track to achieve its guidance of $1.2 billion for the full year.
Strong Installation Growth
IMAX reported a 50% growth in installations with 36 systems installed in Q2. The full-year forecast for installations has been increased to between 150 and 160 systems worldwide.
High Adjusted EBITDA Margin
The adjusted EBITDA margin exceeded 42% for the second straight quarter, showcasing strong financial performance.
Expansion and System Signings
The company completed agreements for 124 new and upgraded IMAX systems year-to-date, close to equaling the 130 systems signed in all of 2024.
Strong Global Market Presence
IMAX achieved a global market share of 3.6% on less than 1% of screens, including a 5.3% share of the domestic box office and 6% share of China's box office.
Successful Film Releases
IMAX averaged about 15% of the North American box office on opening weekend for films shot with IMAX cameras, with some films reaching as high as 20% market share.
Strategic Partnerships
IMAX deepened relationships with tech companies like Apple and Amazon and announced several upcoming releases with major studios.