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Side-by-side financial comparison of Douglas Emmett Inc (DEI) and IMAX CORP (IMAX). Click either name above to swap in a different company.
Douglas Emmett Inc is the larger business by last-quarter revenue ($249.4M vs $125.2M, roughly 2.0× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -2.7%, a 3.3% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 1.8%). Douglas Emmett Inc produced more free cash flow last quarter ($194.5M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 0.9%).
Douglas Emmett Inc is a leading real estate investment trust (REIT) that owns, operates, and acquires high-quality office and multifamily residential properties. Its core operation areas are high-barrier-to-entry markets including Los Angeles in California and Honolulu in Hawaii, serving premium commercial and residential tenant segments.
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.
DEI vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $249.4M | $125.2M |
| Net Profit | $-6.8M | $637.0K |
| Gross Margin | 62.2% | 57.6% |
| Operating Margin | — | 19.3% |
| Net Margin | -2.7% | 0.5% |
| Revenue YoY | 1.8% | 35.1% |
| Net Profit YoY | -670.7% | -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.
| Q4 25 | $249.4M | $125.2M | ||
| Q3 25 | $250.6M | $106.7M | ||
| Q2 25 | $252.4M | $91.7M | ||
| Q1 25 | $251.5M | $86.7M | ||
| Q4 24 | $245.0M | $92.7M | ||
| Q3 24 | $250.8M | $91.5M | ||
| Q2 24 | $245.8M | $89.0M | ||
| Q1 24 | $245.0M | $79.1M |
| Q4 25 | $-6.8M | $637.0K | ||
| Q3 25 | $-10.9M | $20.7M | ||
| Q2 25 | $-5.8M | $11.3M | ||
| Q1 25 | $39.8M | $2.3M | ||
| Q4 24 | $-888.0K | $5.3M | ||
| Q3 24 | $4.6M | $13.9M | ||
| Q2 24 | $10.9M | $3.6M | ||
| Q1 24 | $8.9M | $3.3M |
| Q4 25 | 62.2% | 57.6% | ||
| Q3 25 | 63.6% | 63.1% | ||
| Q2 25 | 63.2% | 58.5% | ||
| Q1 25 | 64.4% | 61.4% | ||
| Q4 24 | 63.5% | 52.2% | ||
| Q3 24 | 62.2% | 55.8% | ||
| Q2 24 | 66.2% | 49.4% | ||
| Q1 24 | 66.1% | 59.3% |
| Q4 25 | — | 19.3% | ||
| Q3 25 | — | 27.2% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 15.3% |
| Q4 25 | -2.7% | 0.5% | ||
| Q3 25 | -4.3% | 19.4% | ||
| Q2 25 | -2.3% | 12.3% | ||
| Q1 25 | 15.8% | 2.7% | ||
| Q4 24 | -0.4% | 5.7% | ||
| Q3 24 | 1.8% | 15.2% | ||
| Q2 24 | 4.4% | 4.0% | ||
| Q1 24 | 3.6% | 4.1% |
| Q4 25 | $-0.04 | $0.02 | ||
| Q3 25 | $-0.07 | $0.37 | ||
| Q2 25 | $-0.04 | $0.20 | ||
| Q1 25 | $0.24 | $0.04 | ||
| Q4 24 | $-0.01 | $0.09 | ||
| Q3 24 | $0.03 | $0.26 | ||
| Q2 24 | $0.06 | $0.07 | ||
| Q1 24 | $0.05 | $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 | $340.8M | $151.2M |
| Total DebtLower is stronger | $5.5B | — |
| Stockholders' EquityBook value | $1.9B | $337.9M |
| Total Assets | $9.3B | $894.0M |
| Debt / EquityLower = less leverage | 2.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $340.8M | $151.2M | ||
| Q3 25 | $408.5M | $143.1M | ||
| Q2 25 | $426.9M | $109.3M | ||
| Q1 25 | $525.7M | $97.1M | ||
| Q4 24 | $444.6M | $100.6M | ||
| Q3 24 | $544.2M | $104.5M | ||
| Q2 24 | $561.1M | $91.6M | ||
| Q1 24 | $556.7M | $81.0M |
| Q4 25 | $5.5B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $5.6B | — | ||
| Q1 25 | $5.6B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.5B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | — |
| Q4 25 | $1.9B | $337.9M | ||
| Q3 25 | $1.9B | $349.5M | ||
| Q2 25 | $2.0B | $320.4M | ||
| Q1 25 | $2.0B | $299.5M | ||
| Q4 24 | $2.1B | $299.5M | ||
| Q3 24 | $2.1B | $289.4M | ||
| Q2 24 | $2.2B | $267.2M | ||
| Q1 24 | $2.2B | $258.8M |
| Q4 25 | $9.3B | $894.0M | ||
| Q3 25 | $9.4B | $889.6M | ||
| Q2 25 | $9.4B | $868.6M | ||
| Q1 25 | $9.6B | $848.3M | ||
| Q4 24 | $9.4B | $830.4M | ||
| Q3 24 | $9.5B | $847.6M | ||
| Q2 24 | $9.6B | $827.4M | ||
| Q1 24 | $9.6B | $824.1M |
| Q4 25 | 2.91× | — | ||
| Q3 25 | 2.85× | — | ||
| Q2 25 | 2.78× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | 2.67× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 2.56× | — | ||
| Q1 24 | 2.52× | — |
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 | $386.9M | $29.4M |
| Free Cash FlowOCF − Capex | $194.5M | $28.0M |
| FCF MarginFCF / Revenue | 78.0% | 22.3% |
| Capex IntensityCapex / Revenue | 77.1% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $376.9M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $386.9M | $29.4M | ||
| Q3 25 | $109.8M | $67.5M | ||
| Q2 25 | $81.3M | $23.2M | ||
| Q1 25 | $132.6M | $7.0M | ||
| Q4 24 | $408.7M | $11.5M | ||
| Q3 24 | $103.7M | $35.3M | ||
| Q2 24 | $91.9M | $35.0M | ||
| Q1 24 | $139.0M | $-11.0M |
| Q4 25 | $194.5M | $28.0M | ||
| Q3 25 | $61.9M | $64.8M | ||
| Q2 25 | $30.2M | $20.9M | ||
| Q1 25 | $90.3M | $5.3M | ||
| Q4 24 | $241.4M | $6.9M | ||
| Q3 24 | $63.2M | $34.2M | ||
| Q2 24 | $52.2M | $33.5M | ||
| Q1 24 | $90.9M | $-12.1M |
| Q4 25 | 78.0% | 22.3% | ||
| Q3 25 | 24.7% | 60.7% | ||
| Q2 25 | 11.9% | 22.8% | ||
| Q1 25 | 35.9% | 6.1% | ||
| Q4 24 | 98.5% | 7.4% | ||
| Q3 24 | 25.2% | 37.3% | ||
| Q2 24 | 21.2% | 37.6% | ||
| Q1 24 | 37.1% | -15.3% |
| Q4 25 | 77.1% | 1.1% | ||
| Q3 25 | 19.1% | 2.6% | ||
| Q2 25 | 20.3% | 2.6% | ||
| Q1 25 | 16.8% | 1.9% | ||
| Q4 24 | 68.3% | 5.0% | ||
| Q3 24 | 16.1% | 1.2% | ||
| Q2 24 | 16.1% | 1.8% | ||
| Q1 24 | 19.6% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | 3.33× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 22.46× | 2.54× | ||
| Q2 24 | 8.44× | 9.78× | ||
| Q1 24 | 15.60× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEI
| Rental Revenue And Tenant Recovery Revenue | $169.4M | 68% |
| Multifamily Segment | $49.9M | 20% |
| Parking Revenue And Other Income | $30.2M | 12% |
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% |
