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.
IMAX Q4 FY2025 Key Financial Metrics
Revenue
$125.2M
Gross Profit
$72.1M
Operating Profit
$24.1M
Net Profit
$637.0K
Gross Margin
57.6%
Operating Margin
19.3%
Net Margin
0.5%
YoY Growth
35.1%
EPS
$0.02
IMAX CORP Q4 FY2025 Financial Summary
IMAX CORP reported revenue of $125.2M (up 35.1% YoY) for Q4 FY2025, with a net profit of $637.0K (down 88.0% YoY) (0.5% margin). Cost of goods sold was $53.1M, operating expenses totaled $48.0M.
Key Financial Metrics
| Total Revenue | $125.2M |
|---|---|
| Net Profit | $637.0K |
| Gross Margin | 57.6% |
| Operating Margin | 19.3% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
IMAX CORP Q4 FY2025 revenue of $125.2M breaks down across 6 segments, led by Technology Sales at $46.6M (37.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Technology Sales | $46.6M | 37.2% |
| Image Enhancement And Maintenance Services | $38.1M | 30.4% |
| Joint Revenue Sharing Arrangement | $20.4M | 16.3% |
| Maintenance | $16.3M | 13.1% |
| Finance Income | $2.8M | 2.3% |
| Other Content Solutions | $1.6M | 1.3% |
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 Technology Sales and Image Enhancement And Maintenance Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Technology Sales | $46.6M | $19.4M | — | — |
| 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 |
| Maintenance | $16.3M | $15.8M | $16.1M | $15.7M |
| Finance Income | $2.8M | — | $2.9M | $3.1M |
IMAX CORP Annual Revenue by Year
IMAX CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $410.2M).
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 |