vs

Side-by-side financial comparison of IMAX CORP (IMAX) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $125.2M, roughly 1.0× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -35.7%, a 36.2% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -2.5%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -6.3%).

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.

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

IMAX vs JBGS — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.0× larger
JBGS
$127.6M
$125.2M
IMAX
Growing faster (revenue YoY)
IMAX
IMAX
+37.6% gap
IMAX
35.1%
-2.5%
JBGS
Higher net margin
IMAX
IMAX
36.2% more per $
IMAX
0.5%
-35.7%
JBGS
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMAX
IMAX
JBGS
JBGS
Revenue
$125.2M
$127.6M
Net Profit
$637.0K
$-45.5M
Gross Margin
57.6%
Operating Margin
19.3%
-47.5%
Net Margin
0.5%
-35.7%
Revenue YoY
35.1%
-2.5%
Net Profit YoY
-88.0%
24.0%
EPS (diluted)
$0.02
$-0.76

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
IMAX
IMAX
JBGS
JBGS
Q4 25
$125.2M
$127.6M
Q3 25
$106.7M
$123.9M
Q2 25
$91.7M
$126.5M
Q1 25
$86.7M
$120.7M
Q4 24
$92.7M
$130.8M
Q3 24
$91.5M
$136.0M
Q2 24
$89.0M
$135.3M
Q1 24
$79.1M
$145.2M
Net Profit
IMAX
IMAX
JBGS
JBGS
Q4 25
$637.0K
$-45.5M
Q3 25
$20.7M
$-28.6M
Q2 25
$11.3M
$-19.2M
Q1 25
$2.3M
$-45.7M
Q4 24
$5.3M
$-59.9M
Q3 24
$13.9M
$-27.0M
Q2 24
$3.6M
$-24.4M
Q1 24
$3.3M
$-32.3M
Gross Margin
IMAX
IMAX
JBGS
JBGS
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
IMAX
IMAX
JBGS
JBGS
Q4 25
19.3%
-47.5%
Q3 25
27.2%
-27.5%
Q2 25
15.6%
-18.4%
Q1 25
19.3%
-44.7%
Q4 24
10.3%
-53.6%
Q3 24
21.2%
-22.4%
Q2 24
3.2%
-24.3%
Q1 24
15.3%
-30.1%
Net Margin
IMAX
IMAX
JBGS
JBGS
Q4 25
0.5%
-35.7%
Q3 25
19.4%
-23.1%
Q2 25
12.3%
-15.2%
Q1 25
2.7%
-37.9%
Q4 24
5.7%
-45.8%
Q3 24
15.2%
-19.8%
Q2 24
4.0%
-18.0%
Q1 24
4.1%
-22.2%
EPS (diluted)
IMAX
IMAX
JBGS
JBGS
Q4 25
$0.02
$-0.76
Q3 25
$0.37
$-0.48
Q2 25
$0.20
$-0.29
Q1 25
$0.04
$-0.56
Q4 24
$0.09
$-0.70
Q3 24
$0.26
$-0.32
Q2 24
$0.07
$-0.27
Q1 24
$0.06
$-0.36

Balance Sheet & Financial Strength

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

Metric
IMAX
IMAX
JBGS
JBGS
Cash + ST InvestmentsLiquidity on hand
$151.2M
$75.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$337.9M
$1.2B
Total Assets
$894.0M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMAX
IMAX
JBGS
JBGS
Q4 25
$151.2M
$75.3M
Q3 25
$143.1M
$64.4M
Q2 25
$109.3M
$61.4M
Q1 25
$97.1M
$81.3M
Q4 24
$100.6M
$145.8M
Q3 24
$104.5M
$137.0M
Q2 24
$91.6M
$163.5M
Q1 24
$81.0M
$220.5M
Stockholders' Equity
IMAX
IMAX
JBGS
JBGS
Q4 25
$337.9M
$1.2B
Q3 25
$349.5M
$1.2B
Q2 25
$320.4M
$1.3B
Q1 25
$299.5M
$1.6B
Q4 24
$299.5M
$1.8B
Q3 24
$289.4M
$1.9B
Q2 24
$267.2M
$2.0B
Q1 24
$258.8M
$2.1B
Total Assets
IMAX
IMAX
JBGS
JBGS
Q4 25
$894.0M
$4.4B
Q3 25
$889.6M
$4.4B
Q2 25
$868.6M
$4.5B
Q1 25
$848.3M
$4.7B
Q4 24
$830.4M
$5.0B
Q3 24
$847.6M
$5.2B
Q2 24
$827.4M
$5.3B
Q1 24
$824.1M
$5.4B

Cash Flow & Capital Efficiency

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

Metric
IMAX
IMAX
JBGS
JBGS
Operating Cash FlowLast quarter
$29.4M
$73.3M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMAX
IMAX
JBGS
JBGS
Q4 25
$29.4M
$73.3M
Q3 25
$67.5M
$8.9M
Q2 25
$23.2M
$18.8M
Q1 25
$7.0M
$12.9M
Q4 24
$11.5M
$129.4M
Q3 24
$35.3M
$26.4M
Q2 24
$35.0M
$23.8M
Q1 24
$-11.0M
$37.0M
Free Cash Flow
IMAX
IMAX
JBGS
JBGS
Q4 25
$28.0M
Q3 25
$64.8M
Q2 25
$20.9M
Q1 25
$5.3M
Q4 24
$6.9M
Q3 24
$34.2M
Q2 24
$33.5M
Q1 24
$-12.1M
FCF Margin
IMAX
IMAX
JBGS
JBGS
Q4 25
22.3%
Q3 25
60.7%
Q2 25
22.8%
Q1 25
6.1%
Q4 24
7.4%
Q3 24
37.3%
Q2 24
37.6%
Q1 24
-15.3%
Capex Intensity
IMAX
IMAX
JBGS
JBGS
Q4 25
1.1%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.9%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
1.8%
Q1 24
1.4%
Cash Conversion
IMAX
IMAX
JBGS
JBGS
Q4 25
46.11×
Q3 25
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

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%

JBGS
JBGS

Segment breakdown not available.

Related Comparisons