vs

Side-by-side financial comparison of Certara, Inc. (CERT) 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 $103.6M, roughly 1.2× Certara, Inc.). IMAX CORP runs the higher net margin — 0.5% vs -5.7%, a 6.2% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 3.3%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $27.8M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 3.6%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

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.

CERT vs IMAX — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.2× larger
IMAX
$125.2M
$103.6M
CERT
Growing faster (revenue YoY)
IMAX
IMAX
+31.8% gap
IMAX
35.1%
3.3%
CERT
Higher net margin
IMAX
IMAX
6.2% more per $
IMAX
0.5%
-5.7%
CERT
More free cash flow
IMAX
IMAX
$143.0K more FCF
IMAX
$28.0M
$27.8M
CERT
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
3.6%
CERT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CERT
CERT
IMAX
IMAX
Revenue
$103.6M
$125.2M
Net Profit
$-5.9M
$637.0K
Gross Margin
57.6%
Operating Margin
0.8%
19.3%
Net Margin
-5.7%
0.5%
Revenue YoY
3.3%
35.1%
Net Profit YoY
-189.6%
-88.0%
EPS (diluted)
$-0.04
$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
CERT
CERT
IMAX
IMAX
Q4 25
$103.6M
$125.2M
Q3 25
$104.6M
$106.7M
Q2 25
$104.6M
$91.7M
Q1 25
$106.0M
$86.7M
Q4 24
$100.4M
$92.7M
Q3 24
$94.8M
$91.5M
Q2 24
$93.3M
$89.0M
Q1 24
$96.7M
$79.1M
Net Profit
CERT
CERT
IMAX
IMAX
Q4 25
$-5.9M
$637.0K
Q3 25
$1.5M
$20.7M
Q2 25
$-2.0M
$11.3M
Q1 25
$4.7M
$2.3M
Q4 24
$6.6M
$5.3M
Q3 24
$-1.4M
$13.9M
Q2 24
$-12.6M
$3.6M
Q1 24
$-4.7M
$3.3M
Gross Margin
CERT
CERT
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
CERT
CERT
IMAX
IMAX
Q4 25
0.8%
19.3%
Q3 25
2.9%
27.2%
Q2 25
9.1%
15.6%
Q1 25
7.2%
19.3%
Q4 24
6.0%
10.3%
Q3 24
2.7%
21.2%
Q2 24
-9.7%
3.2%
Q1 24
-1.3%
15.3%
Net Margin
CERT
CERT
IMAX
IMAX
Q4 25
-5.7%
0.5%
Q3 25
1.5%
19.4%
Q2 25
-1.9%
12.3%
Q1 25
4.5%
2.7%
Q4 24
6.6%
5.7%
Q3 24
-1.4%
15.2%
Q2 24
-13.5%
4.0%
Q1 24
-4.8%
4.1%
EPS (diluted)
CERT
CERT
IMAX
IMAX
Q4 25
$-0.04
$0.02
Q3 25
$0.01
$0.37
Q2 25
$-0.01
$0.20
Q1 25
$0.03
$0.04
Q4 24
$0.04
$0.09
Q3 24
$-0.01
$0.26
Q2 24
$-0.08
$0.07
Q1 24
$-0.03
$0.06

Balance Sheet & Financial Strength

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

Metric
CERT
CERT
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$189.4M
$151.2M
Total DebtLower is stronger
$293.1M
Stockholders' EquityBook value
$1.1B
$337.9M
Total Assets
$1.6B
$894.0M
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
IMAX
IMAX
Q4 25
$189.4M
$151.2M
Q3 25
$172.7M
$143.1M
Q2 25
$162.3M
$109.3M
Q1 25
$179.1M
$97.1M
Q4 24
$179.2M
$100.6M
Q3 24
$233.0M
$104.5M
Q2 24
$224.6M
$91.6M
Q1 24
$224.8M
$81.0M
Total Debt
CERT
CERT
IMAX
IMAX
Q4 25
$293.1M
Q3 25
$293.5M
Q2 25
$294.2M
Q1 25
$294.8M
Q4 24
$295.4M
Q3 24
$296.1M
Q2 24
$296.7M
Q1 24
$290.8M
Stockholders' Equity
CERT
CERT
IMAX
IMAX
Q4 25
$1.1B
$337.9M
Q3 25
$1.1B
$349.5M
Q2 25
$1.1B
$320.4M
Q1 25
$1.1B
$299.5M
Q4 24
$1.1B
$299.5M
Q3 24
$1.1B
$289.4M
Q2 24
$1.0B
$267.2M
Q1 24
$1.1B
$258.8M
Total Assets
CERT
CERT
IMAX
IMAX
Q4 25
$1.6B
$894.0M
Q3 25
$1.5B
$889.6M
Q2 25
$1.5B
$868.6M
Q1 25
$1.6B
$848.3M
Q4 24
$1.6B
$830.4M
Q3 24
$1.5B
$847.6M
Q2 24
$1.5B
$827.4M
Q1 24
$1.5B
$824.1M
Debt / Equity
CERT
CERT
IMAX
IMAX
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.28×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
CERT
CERT
IMAX
IMAX
Operating Cash FlowLast quarter
$28.8M
$29.4M
Free Cash FlowOCF − Capex
$27.8M
$28.0M
FCF MarginFCF / Revenue
26.8%
22.3%
Capex IntensityCapex / Revenue
1.0%
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
IMAX
IMAX
Q4 25
$28.8M
$29.4M
Q3 25
$32.3M
$67.5M
Q2 25
$17.8M
$23.2M
Q1 25
$17.4M
$7.0M
Q4 24
$49.4M
$11.5M
Q3 24
$17.0M
$35.3M
Q2 24
$9.8M
$35.0M
Q1 24
$4.3M
$-11.0M
Free Cash Flow
CERT
CERT
IMAX
IMAX
Q4 25
$27.8M
$28.0M
Q3 25
$32.1M
$64.8M
Q2 25
$17.8M
$20.9M
Q1 25
$16.8M
$5.3M
Q4 24
$49.0M
$6.9M
Q3 24
$16.8M
$34.2M
Q2 24
$9.4M
$33.5M
Q1 24
$3.7M
$-12.1M
FCF Margin
CERT
CERT
IMAX
IMAX
Q4 25
26.8%
22.3%
Q3 25
30.7%
60.7%
Q2 25
17.0%
22.8%
Q1 25
15.8%
6.1%
Q4 24
48.8%
7.4%
Q3 24
17.7%
37.3%
Q2 24
10.1%
37.6%
Q1 24
3.8%
-15.3%
Capex Intensity
CERT
CERT
IMAX
IMAX
Q4 25
1.0%
1.1%
Q3 25
0.2%
2.6%
Q2 25
0.1%
2.6%
Q1 25
0.6%
1.9%
Q4 24
0.4%
5.0%
Q3 24
0.2%
1.2%
Q2 24
0.5%
1.8%
Q1 24
0.6%
1.4%
Cash Conversion
CERT
CERT
IMAX
IMAX
Q4 25
46.11×
Q3 25
21.19×
3.27×
Q2 25
2.06×
Q1 25
3.66×
2.99×
Q4 24
7.51×
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

CERT
CERT

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%

Related Comparisons