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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and IMAX CORP (IMAX). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $125.2M, roughly 1.9× IMAX CORP). On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 15.1%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $15.8M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 13.9%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
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.
ATRO vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $125.2M |
| Net Profit | — | $637.0K |
| Gross Margin | 33.3% | 57.6% |
| Operating Margin | 14.8% | 19.3% |
| Net Margin | — | 0.5% |
| Revenue YoY | 15.1% | 35.1% |
| Net Profit YoY | — | -88.0% |
| EPS (diluted) | $0.82 | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $240.1M | $125.2M | ||
| Q3 25 | $211.4M | $106.7M | ||
| Q2 25 | $204.7M | $91.7M | ||
| Q1 25 | $205.9M | $86.7M | ||
| Q4 24 | $208.5M | $92.7M | ||
| Q3 24 | $203.7M | $91.5M | ||
| Q2 24 | $198.1M | $89.0M | ||
| Q1 24 | $185.1M | $79.1M |
| Q4 25 | — | $637.0K | ||
| Q3 25 | $-11.1M | $20.7M | ||
| Q2 25 | $1.3M | $11.3M | ||
| Q1 25 | $9.5M | $2.3M | ||
| Q4 24 | — | $5.3M | ||
| Q3 24 | $-11.7M | $13.9M | ||
| Q2 24 | $1.5M | $3.6M | ||
| Q1 24 | $-3.2M | $3.3M |
| Q4 25 | 33.3% | 57.6% | ||
| Q3 25 | 30.5% | 63.1% | ||
| Q2 25 | 25.8% | 58.5% | ||
| Q1 25 | 29.5% | 61.4% | ||
| Q4 24 | 29.8% | 52.2% | ||
| Q3 24 | 27.1% | 55.8% | ||
| Q2 24 | 28.0% | 49.4% | ||
| Q1 24 | 25.7% | 59.3% |
| Q4 25 | 14.8% | 19.3% | ||
| Q3 25 | 10.9% | 27.2% | ||
| Q2 25 | 2.3% | 15.6% | ||
| Q1 25 | 6.4% | 19.3% | ||
| Q4 24 | 4.3% | 10.3% | ||
| Q3 24 | 4.1% | 21.2% | ||
| Q2 24 | 3.8% | 3.2% | ||
| Q1 24 | 0.9% | 15.3% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | -5.2% | 19.4% | ||
| Q2 25 | 0.6% | 12.3% | ||
| Q1 25 | 4.6% | 2.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | -5.8% | 15.2% | ||
| Q2 24 | 0.8% | 4.0% | ||
| Q1 24 | -1.7% | 4.1% |
| Q4 25 | $0.82 | $0.02 | ||
| Q3 25 | $-0.31 | $0.37 | ||
| Q2 25 | $0.04 | $0.20 | ||
| Q1 25 | $0.26 | $0.04 | ||
| Q4 24 | $-0.07 | $0.09 | ||
| Q3 24 | $-0.34 | $0.26 | ||
| Q2 24 | $0.04 | $0.07 | ||
| Q1 24 | $-0.09 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $140.1M | $337.9M |
| Total Assets | $706.7M | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $151.2M | ||
| Q3 25 | $13.5M | $143.1M | ||
| Q2 25 | $13.5M | $109.3M | ||
| Q1 25 | $24.8M | $97.1M | ||
| Q4 24 | $9.3M | $100.6M | ||
| Q3 24 | $5.2M | $104.5M | ||
| Q2 24 | $2.9M | $91.6M | ||
| Q1 24 | $5.3M | $81.0M |
| Q4 25 | $140.1M | $337.9M | ||
| Q3 25 | $108.9M | $349.5M | ||
| Q2 25 | $271.6M | $320.4M | ||
| Q1 25 | $266.8M | $299.5M | ||
| Q4 24 | $256.1M | $299.5M | ||
| Q3 24 | $249.2M | $289.4M | ||
| Q2 24 | $257.9M | $267.2M | ||
| Q1 24 | $251.7M | $258.8M |
| Q4 25 | $706.7M | $894.0M | ||
| Q3 25 | $682.2M | $889.6M | ||
| Q2 25 | $646.7M | $868.6M | ||
| Q1 25 | $662.2M | $848.3M | ||
| Q4 24 | $648.8M | $830.4M | ||
| Q3 24 | $651.6M | $847.6M | ||
| Q2 24 | $644.9M | $827.4M | ||
| Q1 24 | $630.0M | $824.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $29.4M |
| Free Cash FlowOCF − Capex | $15.8M | $28.0M |
| FCF MarginFCF / Revenue | 6.6% | 22.3% |
| Capex IntensityCapex / Revenue | 4.9% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $29.4M | ||
| Q3 25 | $34.2M | $67.5M | ||
| Q2 25 | $-7.6M | $23.2M | ||
| Q1 25 | $20.6M | $7.0M | ||
| Q4 24 | $26.4M | $11.5M | ||
| Q3 24 | $8.4M | $35.3M | ||
| Q2 24 | $-6.3M | $35.0M | ||
| Q1 24 | $2.0M | $-11.0M |
| Q4 25 | $15.8M | $28.0M | ||
| Q3 25 | $21.0M | $64.8M | ||
| Q2 25 | $-12.2M | $20.9M | ||
| Q1 25 | $18.5M | $5.3M | ||
| Q4 24 | $23.2M | $6.9M | ||
| Q3 24 | $6.5M | $34.2M | ||
| Q2 24 | $-8.1M | $33.5M | ||
| Q1 24 | $439.0K | $-12.1M |
| Q4 25 | 6.6% | 22.3% | ||
| Q3 25 | 9.9% | 60.7% | ||
| Q2 25 | -6.0% | 22.8% | ||
| Q1 25 | 9.0% | 6.1% | ||
| Q4 24 | 11.1% | 7.4% | ||
| Q3 24 | 3.2% | 37.3% | ||
| Q2 24 | -4.1% | 37.6% | ||
| Q1 24 | 0.2% | -15.3% |
| Q4 25 | 4.9% | 1.1% | ||
| Q3 25 | 6.2% | 2.6% | ||
| Q2 25 | 2.2% | 2.6% | ||
| Q1 25 | 1.0% | 1.9% | ||
| Q4 24 | 1.5% | 5.0% | ||
| Q3 24 | 0.9% | 1.2% | ||
| Q2 24 | 0.9% | 1.8% | ||
| Q1 24 | 0.9% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | -5.81× | 2.06× | ||
| Q1 25 | 2.17× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | -4.08× | 9.78× | ||
| Q1 24 | — | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
