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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and IMAX CORP (IMAX). Click either name above to swap in a different company.
COHEN & STEERS, INC. is the larger business by last-quarter revenue ($143.8M vs $125.2M, roughly 1.1× IMAX CORP). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs 0.5%, a 23.7% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 2.9%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-126.4M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 8.3%).
Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.
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.
CNS vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.8M | $125.2M |
| Net Profit | $34.9M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 28.0% | 19.3% |
| Net Margin | 24.3% | 0.5% |
| Revenue YoY | 2.9% | 35.1% |
| Net Profit YoY | -23.9% | -88.0% |
| EPS (diluted) | $0.67 | $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 | $143.8M | $125.2M | ||
| Q3 25 | $141.7M | $106.7M | ||
| Q2 25 | $136.1M | $91.7M | ||
| Q1 25 | $134.5M | $86.7M | ||
| Q4 24 | $139.8M | $92.7M | ||
| Q3 24 | $133.2M | $91.5M | ||
| Q2 24 | $121.7M | $89.0M | ||
| Q1 24 | $122.7M | $79.1M |
| Q4 25 | $34.9M | $637.0K | ||
| Q3 25 | $41.7M | $20.7M | ||
| Q2 25 | $36.8M | $11.3M | ||
| Q1 25 | $39.8M | $2.3M | ||
| Q4 24 | $45.8M | $5.3M | ||
| Q3 24 | $39.7M | $13.9M | ||
| Q2 24 | $31.8M | $3.6M | ||
| Q1 24 | $34.0M | $3.3M |
| 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% |
| Q4 25 | 28.0% | 19.3% | ||
| Q3 25 | 34.5% | 27.2% | ||
| Q2 25 | 31.8% | 15.6% | ||
| Q1 25 | 33.6% | 19.3% | ||
| Q4 24 | 35.3% | 10.3% | ||
| Q3 24 | 33.7% | 21.2% | ||
| Q2 24 | 31.5% | 3.2% | ||
| Q1 24 | 32.8% | 15.3% |
| Q4 25 | 24.3% | 0.5% | ||
| Q3 25 | 29.4% | 19.4% | ||
| Q2 25 | 27.1% | 12.3% | ||
| Q1 25 | 29.6% | 2.7% | ||
| Q4 24 | 32.8% | 5.7% | ||
| Q3 24 | 29.8% | 15.2% | ||
| Q2 24 | 26.1% | 4.0% | ||
| Q1 24 | 27.7% | 4.1% |
| Q4 25 | $0.67 | $0.02 | ||
| Q3 25 | $0.81 | $0.37 | ||
| Q2 25 | $0.72 | $0.20 | ||
| Q1 25 | $0.77 | $0.04 | ||
| Q4 24 | $0.89 | $0.09 | ||
| Q3 24 | $0.77 | $0.26 | ||
| Q2 24 | $0.63 | $0.07 | ||
| Q1 24 | $0.68 | $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 | $145.5M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $562.0M | $337.9M |
| Total Assets | $876.7M | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $145.5M | $151.2M | ||
| Q3 25 | $98.1M | $143.1M | ||
| Q2 25 | $95.4M | $109.3M | ||
| Q1 25 | $65.2M | $97.1M | ||
| Q4 24 | $183.0M | $100.6M | ||
| Q3 24 | $106.5M | $104.5M | ||
| Q2 24 | $122.0M | $91.6M | ||
| Q1 24 | $99.5M | $81.0M |
| Q4 25 | $562.0M | $337.9M | ||
| Q3 25 | $550.3M | $349.5M | ||
| Q2 25 | $528.5M | $320.4M | ||
| Q1 25 | $507.7M | $299.5M | ||
| Q4 24 | $511.7M | $299.5M | ||
| Q3 24 | $491.0M | $289.4M | ||
| Q2 24 | $463.2M | $267.2M | ||
| Q1 24 | $378.9M | $258.8M |
| Q4 25 | $876.7M | $894.0M | ||
| Q3 25 | $801.6M | $889.6M | ||
| Q2 25 | $751.0M | $868.6M | ||
| Q1 25 | $834.9M | $848.3M | ||
| Q4 24 | $812.4M | $830.4M | ||
| Q3 24 | $727.8M | $847.6M | ||
| Q2 24 | $784.1M | $827.4M | ||
| Q1 24 | $680.7M | $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 | $-120.4M | $29.4M |
| Free Cash FlowOCF − Capex | $-126.4M | $28.0M |
| FCF MarginFCF / Revenue | -87.9% | 22.3% |
| Capex IntensityCapex / Revenue | 4.2% | 1.1% |
| Cash ConversionOCF / Net Profit | -3.45× | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $-253.6M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-120.4M | $29.4M | ||
| Q3 25 | $55.1M | $67.5M | ||
| Q2 25 | $-67.6M | $23.2M | ||
| Q1 25 | $-108.9M | $7.0M | ||
| Q4 24 | $96.7M | $11.5M | ||
| Q3 24 | $25.6M | $35.3M | ||
| Q2 24 | $31.4M | $35.0M | ||
| Q1 24 | $4.9M | $-11.0M |
| Q4 25 | $-126.4M | $28.0M | ||
| Q3 25 | $52.6M | $64.8M | ||
| Q2 25 | $-69.8M | $20.9M | ||
| Q1 25 | $-110.0M | $5.3M | ||
| Q4 24 | $85.0M | $6.9M | ||
| Q3 24 | $24.2M | $34.2M | ||
| Q2 24 | $27.1M | $33.5M | ||
| Q1 24 | $537.0K | $-12.1M |
| Q4 25 | -87.9% | 22.3% | ||
| Q3 25 | 37.1% | 60.7% | ||
| Q2 25 | -51.3% | 22.8% | ||
| Q1 25 | -81.8% | 6.1% | ||
| Q4 24 | 60.8% | 7.4% | ||
| Q3 24 | 18.2% | 37.3% | ||
| Q2 24 | 22.3% | 37.6% | ||
| Q1 24 | 0.4% | -15.3% |
| Q4 25 | 4.2% | 1.1% | ||
| Q3 25 | 1.8% | 2.6% | ||
| Q2 25 | 1.6% | 2.6% | ||
| Q1 25 | 0.8% | 1.9% | ||
| Q4 24 | 8.3% | 5.0% | ||
| Q3 24 | 1.1% | 1.2% | ||
| Q2 24 | 3.5% | 1.8% | ||
| Q1 24 | 3.5% | 1.4% |
| Q4 25 | -3.45× | 46.11× | ||
| Q3 25 | 1.32× | 3.27× | ||
| Q2 25 | -1.84× | 2.06× | ||
| Q1 25 | -2.74× | 2.99× | ||
| Q4 24 | 2.11× | 2.16× | ||
| Q3 24 | 0.65× | 2.54× | ||
| Q2 24 | 0.99× | 9.78× | ||
| Q1 24 | 0.14× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNS
Segment breakdown not available.
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% |
