IMAX CORPIMAXEarnings & Financial Report
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
Revenue
$106.7M
Gross Profit
$67.3M
Operating Profit
$29.0M
Net Profit
$20.7M
Gross Margin
63.1%
Operating Margin
27.2%
Net Margin
19.4%
YoY Growth
16.6%
EPS
$0.37
IMAX CORP Q3 FY2025 Financial Summary
IMAX CORP reported revenue of $106.7M (up 16.6% YoY) for Q3 FY2025, with a net profit of $20.7M (up 48.7% YoY) (19.4% margin). Cost of goods sold was $39.4M, operating expenses totaled $38.2M.
Key Financial Metrics
| Total Revenue | $106.7M |
|---|---|
| Net Profit | $20.7M |
| Gross Margin | 63.1% |
| Operating Margin | 27.2% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
IMAX CORP Q3 FY2025 revenue of $106.7M breaks down across 5 segments, led by Image Enhancement And Maintenance Services at $44.5M (41.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Image Enhancement And Maintenance Services | $44.5M | 41.8% |
| Joint Revenue Sharing Arrangement | $23.0M | 21.6% |
| Technology Sales | $19.4M | 18.2% |
| Maintenance | $15.8M | 14.8% |
| Other Content Solutions | $2.9M | 2.7% |
IMAX CORP Revenue by Segment — Quarterly Trend
IMAX CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Image Enhancement And Maintenance Services and Joint Revenue Sharing Arrangement) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Image Enhancement And Maintenance Services | $38.1M | $44.5M | $33.6M | $34.1M |
| Joint Revenue Sharing Arrangement | $20.4M | $23.0M | $18.7M | $19.2M |
| Technology Sales | $46.6M | $19.4M | — | — |
| Maintenance | $16.3M | $15.8M | $16.1M | $15.7M |
| Other Content Solutions | $1.6M | $2.9M | $2.3M | $2.1M |
IMAX CORP Annual Revenue by Year
IMAX CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $410.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $410.2M |
| 2024 | $352.2M |
| 2023 | $374.8M |
| 2022 | $300.8M |
IMAX CORP Quarterly Revenue & Net Profit History
IMAX CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $125.2M | +35.1% | $637.0K | 0.5% |
| Q3 FY2025 | $106.7M | +16.6% | $20.7M | 19.4% |
| Q2 FY2025 | $91.7M | +3.1% | $11.3M | 12.3% |
| Q1 FY2025 | $86.7M | +9.5% | $2.3M | 2.7% |
| Q4 FY2024 | $92.7M | +7.7% | $5.3M | 5.7% |
| Q3 FY2024 | $91.5M | -12.0% | $13.9M | 15.2% |
| Q2 FY2024 | $89.0M | -9.2% | $3.6M | 4.0% |
| Q1 FY2024 | $79.1M | -9.0% | $3.3M | 4.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $79.1M | $89.0M | $91.5M | $92.7M | $86.7M | $91.7M | $106.7M | $125.2M |
| YoY Growth | -9.0% | -9.2% | -12.0% | 7.7% | 9.5% | 3.1% | 16.6% | 35.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $824.1M | $827.4M | $847.6M | $830.4M | $848.3M | $868.6M | $889.6M | $894.0M |
| Liabilities | $490.8M | $484.4M | $479.8M | $452.2M | $464.0M | $463.5M | $452.9M | $466.3M |
| Equity | $258.8M | $267.2M | $289.4M | $299.5M | $299.5M | $320.4M | $349.5M | $337.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-11.0M | $35.0M | $35.3M | $11.5M | $7.0M | $23.2M | $67.5M | $29.4M |