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Side-by-side financial comparison of Azenta, Inc. (AZTA) and IMAX CORP (IMAX). Click either name above to swap in a different company.

Azenta, Inc. is the larger business by last-quarter revenue ($148.6M vs $125.2M, roughly 1.2× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -10.4%, a 10.9% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 0.8%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $14.7M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 4.4%).

Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.

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.

AZTA vs IMAX — Head-to-Head

Bigger by revenue
AZTA
AZTA
1.2× larger
AZTA
$148.6M
$125.2M
IMAX
Growing faster (revenue YoY)
IMAX
IMAX
+34.3% gap
IMAX
35.1%
0.8%
AZTA
Higher net margin
IMAX
IMAX
10.9% more per $
IMAX
0.5%
-10.4%
AZTA
More free cash flow
IMAX
IMAX
$13.3M more FCF
IMAX
$28.0M
$14.7M
AZTA
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
4.4%
AZTA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AZTA
AZTA
IMAX
IMAX
Revenue
$148.6M
$125.2M
Net Profit
$-15.4M
$637.0K
Gross Margin
42.9%
57.6%
Operating Margin
-4.9%
19.3%
Net Margin
-10.4%
0.5%
Revenue YoY
0.8%
35.1%
Net Profit YoY
-15.7%
-88.0%
EPS (diluted)
$-0.34
$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.

Revenue
AZTA
AZTA
IMAX
IMAX
Q4 25
$148.6M
$125.2M
Q3 25
$159.2M
$106.7M
Q2 25
$143.9M
$91.7M
Q1 25
$143.3M
$86.7M
Q4 24
$147.4M
$92.7M
Q3 24
$150.6M
$91.5M
Q2 24
$144.3M
$89.0M
Q1 24
$136.4M
$79.1M
Net Profit
AZTA
AZTA
IMAX
IMAX
Q4 25
$-15.4M
$637.0K
Q3 25
$50.9M
$20.7M
Q2 25
$-48.0M
$11.3M
Q1 25
$-47.7M
$2.3M
Q4 24
$-11.0M
$5.3M
Q3 24
$-6.6M
$13.9M
Q2 24
$-6.6M
$3.6M
Q1 24
$-137.4M
$3.3M
Gross Margin
AZTA
AZTA
IMAX
IMAX
Q4 25
42.9%
57.6%
Q3 25
45.4%
63.1%
Q2 25
46.2%
58.5%
Q1 25
43.8%
61.4%
Q4 24
46.7%
52.2%
Q3 24
45.5%
55.8%
Q2 24
44.8%
49.4%
Q1 24
43.8%
59.3%
Operating Margin
AZTA
AZTA
IMAX
IMAX
Q4 25
-4.9%
19.3%
Q3 25
1.2%
27.2%
Q2 25
-1.3%
15.6%
Q1 25
-12.7%
19.3%
Q4 24
-5.9%
10.3%
Q3 24
-3.1%
21.2%
Q2 24
-4.9%
3.2%
Q1 24
-18.1%
15.3%
Net Margin
AZTA
AZTA
IMAX
IMAX
Q4 25
-10.4%
0.5%
Q3 25
32.0%
19.4%
Q2 25
-33.4%
12.3%
Q1 25
-33.3%
2.7%
Q4 24
-7.5%
5.7%
Q3 24
-4.4%
15.2%
Q2 24
-4.5%
4.0%
Q1 24
-100.8%
4.1%
EPS (diluted)
AZTA
AZTA
IMAX
IMAX
Q4 25
$-0.34
$0.02
Q3 25
$1.12
$0.37
Q2 25
$-1.05
$0.20
Q1 25
$-1.04
$0.04
Q4 24
$-0.25
$0.09
Q3 24
$-0.25
$0.26
Q2 24
$-0.12
$0.07
Q1 24
$-2.48
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZTA
AZTA
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$336.6M
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$337.9M
Total Assets
$2.1B
$894.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZTA
AZTA
IMAX
IMAX
Q4 25
$336.6M
$151.2M
Q3 25
$279.8M
$143.1M
Q2 25
$270.0M
$109.3M
Q1 25
$253.6M
$97.1M
Q4 24
$377.5M
$100.6M
Q3 24
$280.0M
$104.5M
Q2 24
$336.5M
$91.6M
Q1 24
$353.5M
$81.0M
Stockholders' Equity
AZTA
AZTA
IMAX
IMAX
Q4 25
$1.7B
$337.9M
Q3 25
$1.7B
$349.5M
Q2 25
$1.7B
$320.4M
Q1 25
$1.7B
$299.5M
Q4 24
$1.7B
$299.5M
Q3 24
$1.8B
$289.4M
Q2 24
$2.0B
$267.2M
Q1 24
$2.2B
$258.8M
Total Assets
AZTA
AZTA
IMAX
IMAX
Q4 25
$2.1B
$894.0M
Q3 25
$2.1B
$889.6M
Q2 25
$2.0B
$868.6M
Q1 25
$2.0B
$848.3M
Q4 24
$2.0B
$830.4M
Q3 24
$2.1B
$847.6M
Q2 24
$2.3B
$827.4M
Q1 24
$2.6B
$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
AZTA
AZTA
IMAX
IMAX
Operating Cash FlowLast quarter
$20.8M
$29.4M
Free Cash FlowOCF − Capex
$14.7M
$28.0M
FCF MarginFCF / Revenue
9.9%
22.3%
Capex IntensityCapex / Revenue
4.2%
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$30.9M
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZTA
AZTA
IMAX
IMAX
Q4 25
$20.8M
$29.4M
Q3 25
$2.2M
$67.5M
Q2 25
$25.8M
$23.2M
Q1 25
$14.4M
$7.0M
Q4 24
$29.8M
$11.5M
Q3 24
$17.7M
$35.3M
Q2 24
$9.8M
$35.0M
Q1 24
$8.7M
$-11.0M
Free Cash Flow
AZTA
AZTA
IMAX
IMAX
Q4 25
$14.7M
$28.0M
Q3 25
$-5.7M
$64.8M
Q2 25
$15.0M
$20.9M
Q1 25
$7.0M
$5.3M
Q4 24
$22.0M
$6.9M
Q3 24
$8.3M
$34.2M
Q2 24
$1.3M
$33.5M
Q1 24
$428.0K
$-12.1M
FCF Margin
AZTA
AZTA
IMAX
IMAX
Q4 25
9.9%
22.3%
Q3 25
-3.6%
60.7%
Q2 25
10.4%
22.8%
Q1 25
4.9%
6.1%
Q4 24
15.0%
7.4%
Q3 24
5.5%
37.3%
Q2 24
0.9%
37.6%
Q1 24
0.3%
-15.3%
Capex Intensity
AZTA
AZTA
IMAX
IMAX
Q4 25
4.2%
1.1%
Q3 25
4.9%
2.6%
Q2 25
7.5%
2.6%
Q1 25
5.2%
1.9%
Q4 24
5.3%
5.0%
Q3 24
6.2%
1.2%
Q2 24
5.9%
1.8%
Q1 24
6.1%
1.4%
Cash Conversion
AZTA
AZTA
IMAX
IMAX
Q4 25
46.11×
Q3 25
0.04×
3.27×
Q2 25
2.06×
Q1 25
2.99×
Q4 24
2.16×
Q3 24
2.54×
Q2 24
9.78×
Q1 24
-3.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZTA
AZTA

Multiomics$67.2M45%
Core Products$47.6M32%
Sample Repository Solutions$33.8M23%

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

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