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

IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $83.2M, roughly 1.5× BrightSpire Capital, Inc.). IMAX CORP runs the higher net margin — 0.5% vs -17.3%, a 17.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -0.4%). BrightSpire Capital, Inc. produced more free cash flow last quarter ($55.1M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -6.8%).

Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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.

BRSP vs IMAX — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.5× larger
IMAX
$125.2M
$83.2M
BRSP
Growing faster (revenue YoY)
IMAX
IMAX
+35.5% gap
IMAX
35.1%
-0.4%
BRSP
Higher net margin
IMAX
IMAX
17.8% more per $
IMAX
0.5%
-17.3%
BRSP
More free cash flow
BRSP
BRSP
$27.1M more FCF
BRSP
$55.1M
$28.0M
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
-6.8%
BRSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRSP
BRSP
IMAX
IMAX
Revenue
$83.2M
$125.2M
Net Profit
$-14.4M
$637.0K
Gross Margin
57.6%
Operating Margin
19.3%
Net Margin
-17.3%
0.5%
Revenue YoY
-0.4%
35.1%
Net Profit YoY
27.3%
-88.0%
EPS (diluted)
$-0.11
$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
BRSP
BRSP
IMAX
IMAX
Q4 25
$83.2M
$125.2M
Q3 25
$83.9M
$106.7M
Q2 25
$85.9M
$91.7M
Q1 25
$77.6M
$86.7M
Q4 24
$83.5M
$92.7M
Q3 24
$88.2M
$91.5M
Q2 24
$91.4M
$89.0M
Q1 24
$95.8M
$79.1M
Net Profit
BRSP
BRSP
IMAX
IMAX
Q4 25
$-14.4M
$637.0K
Q3 25
$984.0K
$20.7M
Q2 25
$-23.1M
$11.3M
Q1 25
$5.3M
$2.3M
Q4 24
$-19.7M
$5.3M
Q3 24
$12.7M
$13.9M
Q2 24
$-67.9M
$3.6M
Q1 24
$-57.1M
$3.3M
Gross Margin
BRSP
BRSP
IMAX
IMAX
Q4 25
57.6%
Q3 25
63.1%
Q2 25
58.5%
Q1 25
61.4%
Q4 24
52.2%
Q3 24
55.8%
Q2 24
49.4%
Q1 24
59.3%
Operating Margin
BRSP
BRSP
IMAX
IMAX
Q4 25
19.3%
Q3 25
-1.7%
27.2%
Q2 25
-54.5%
15.6%
Q1 25
5.1%
19.3%
Q4 24
-24.9%
10.3%
Q3 24
13.2%
21.2%
Q2 24
-74.9%
3.2%
Q1 24
-59.4%
15.3%
Net Margin
BRSP
BRSP
IMAX
IMAX
Q4 25
-17.3%
0.5%
Q3 25
1.2%
19.4%
Q2 25
-26.9%
12.3%
Q1 25
6.9%
2.7%
Q4 24
-23.7%
5.7%
Q3 24
14.4%
15.2%
Q2 24
-74.2%
4.0%
Q1 24
-59.6%
4.1%
EPS (diluted)
BRSP
BRSP
IMAX
IMAX
Q4 25
$-0.11
$0.02
Q3 25
$0.00
$0.37
Q2 25
$-0.19
$0.20
Q1 25
$0.04
$0.04
Q4 24
$-0.16
$0.09
Q3 24
$0.09
$0.26
Q2 24
$-0.53
$0.07
Q1 24
$-0.45
$0.06

Balance Sheet & Financial Strength

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

Metric
BRSP
BRSP
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$66.8M
$151.2M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$938.4M
$337.9M
Total Assets
$3.6B
$894.0M
Debt / EquityLower = less leverage
2.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSP
BRSP
IMAX
IMAX
Q4 25
$66.8M
$151.2M
Q3 25
$113.4M
$143.1M
Q2 25
$154.3M
$109.3M
Q1 25
$200.9M
$97.1M
Q4 24
$302.2M
$100.6M
Q3 24
$263.8M
$104.5M
Q2 24
$203.3M
$91.6M
Q1 24
$221.5M
$81.0M
Total Debt
BRSP
BRSP
IMAX
IMAX
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.5B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.6B
Stockholders' Equity
BRSP
BRSP
IMAX
IMAX
Q4 25
$938.4M
$337.9M
Q3 25
$976.4M
$349.5M
Q2 25
$994.4M
$320.4M
Q1 25
$1.0B
$299.5M
Q4 24
$1.0B
$299.5M
Q3 24
$1.1B
$289.4M
Q2 24
$1.1B
$267.2M
Q1 24
$1.2B
$258.8M
Total Assets
BRSP
BRSP
IMAX
IMAX
Q4 25
$3.6B
$894.0M
Q3 25
$3.3B
$889.6M
Q2 25
$3.4B
$868.6M
Q1 25
$3.6B
$848.3M
Q4 24
$3.7B
$830.4M
Q3 24
$3.8B
$847.6M
Q2 24
$3.8B
$827.4M
Q1 24
$3.9B
$824.1M
Debt / Equity
BRSP
BRSP
IMAX
IMAX
Q4 25
2.63×
Q3 25
2.22×
Q2 25
2.27×
Q1 25
2.27×
Q4 24
2.38×
Q3 24
2.36×
Q2 24
2.28×
Q1 24
2.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRSP
BRSP
IMAX
IMAX
Operating Cash FlowLast quarter
$73.0M
$29.4M
Free Cash FlowOCF − Capex
$55.1M
$28.0M
FCF MarginFCF / Revenue
66.2%
22.3%
Capex IntensityCapex / Revenue
21.6%
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$102.0M
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRSP
BRSP
IMAX
IMAX
Q4 25
$73.0M
$29.4M
Q3 25
$29.9M
$67.5M
Q2 25
$17.4M
$23.2M
Q1 25
$10.5M
$7.0M
Q4 24
$103.4M
$11.5M
Q3 24
$31.3M
$35.3M
Q2 24
$22.9M
$35.0M
Q1 24
$24.6M
$-11.0M
Free Cash Flow
BRSP
BRSP
IMAX
IMAX
Q4 25
$55.1M
$28.0M
Q3 25
$27.4M
$64.8M
Q2 25
$11.6M
$20.9M
Q1 25
$8.0M
$5.3M
Q4 24
$97.3M
$6.9M
Q3 24
$28.3M
$34.2M
Q2 24
$22.7M
$33.5M
Q1 24
$22.2M
$-12.1M
FCF Margin
BRSP
BRSP
IMAX
IMAX
Q4 25
66.2%
22.3%
Q3 25
32.7%
60.7%
Q2 25
13.4%
22.8%
Q1 25
10.3%
6.1%
Q4 24
116.6%
7.4%
Q3 24
32.1%
37.3%
Q2 24
24.9%
37.6%
Q1 24
23.2%
-15.3%
Capex Intensity
BRSP
BRSP
IMAX
IMAX
Q4 25
21.6%
1.1%
Q3 25
2.9%
2.6%
Q2 25
6.8%
2.6%
Q1 25
3.2%
1.9%
Q4 24
7.3%
5.0%
Q3 24
3.4%
1.2%
Q2 24
0.1%
1.8%
Q1 24
2.5%
1.4%
Cash Conversion
BRSP
BRSP
IMAX
IMAX
Q4 25
46.11×
Q3 25
30.36×
3.27×
Q2 25
2.06×
Q1 25
1.97×
2.99×
Q4 24
2.16×
Q3 24
2.46×
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

BRSP
BRSP

Segment breakdown not available.

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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