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Side-by-side financial comparison of IMAX CORP (IMAX) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $120.6M, roughly 1.0× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 0.5%, a 47.6% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -11.0%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-55.2M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -6.0%).
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.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
IMAX vs KW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $125.2M | $120.6M |
| Net Profit | $637.0K | $58.0M |
| Gross Margin | 57.6% | — |
| Operating Margin | 19.3% | 57.3% |
| Net Margin | 0.5% | 48.1% |
| Revenue YoY | 35.1% | -11.0% |
| Net Profit YoY | -88.0% | 32.7% |
| EPS (diluted) | $0.02 | $0.22 |
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 | $125.2M | $120.6M | ||
| Q3 25 | $106.7M | $116.4M | ||
| Q2 25 | $91.7M | $135.7M | ||
| Q1 25 | $86.7M | $128.3M | ||
| Q4 24 | $92.7M | $135.5M | ||
| Q3 24 | $91.5M | $127.5M | ||
| Q2 24 | $89.0M | $132.0M | ||
| Q1 24 | $79.1M | $136.4M |
| Q4 25 | $637.0K | $58.0M | ||
| Q3 25 | $20.7M | $-10.2M | ||
| Q2 25 | $11.3M | $5.6M | ||
| Q1 25 | $2.3M | $-29.6M | ||
| Q4 24 | $5.3M | $43.7M | ||
| Q3 24 | $13.9M | $-66.8M | ||
| Q2 24 | $3.6M | $-48.3M | ||
| Q1 24 | $3.3M | $37.7M |
| 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 | 19.3% | 57.3% | ||
| Q3 25 | 27.2% | -6.2% | ||
| Q2 25 | 15.6% | 7.4% | ||
| Q1 25 | 19.3% | -26.9% | ||
| Q4 24 | 10.3% | 36.7% | ||
| Q3 24 | 21.2% | -60.8% | ||
| Q2 24 | 3.2% | -45.5% | ||
| Q1 24 | 15.3% | 47.2% |
| Q4 25 | 0.5% | 48.1% | ||
| Q3 25 | 19.4% | -8.8% | ||
| Q2 25 | 12.3% | 4.1% | ||
| Q1 25 | 2.7% | -23.1% | ||
| Q4 24 | 5.7% | 32.3% | ||
| Q3 24 | 15.2% | -52.4% | ||
| Q2 24 | 4.0% | -36.6% | ||
| Q1 24 | 4.1% | 27.6% |
| Q4 25 | $0.02 | $0.22 | ||
| Q3 25 | $0.37 | $-0.15 | ||
| Q2 25 | $0.20 | $-0.05 | ||
| Q1 25 | $0.04 | $-0.30 | ||
| Q4 24 | $0.09 | $0.24 | ||
| Q3 24 | $0.26 | $-0.56 | ||
| Q2 24 | $0.07 | $-0.43 | ||
| Q1 24 | $0.06 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $151.2M | $184.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $337.9M | $1.5B |
| Total Assets | $894.0M | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.2M | $184.5M | ||
| Q3 25 | $143.1M | $382.6M | ||
| Q2 25 | $109.3M | $309.1M | ||
| Q1 25 | $97.1M | $356.6M | ||
| Q4 24 | $100.6M | $217.5M | ||
| Q3 24 | $104.5M | $367.1M | ||
| Q2 24 | $91.6M | $366.5M | ||
| Q1 24 | $81.0M | $541.9M |
| Q4 25 | $337.9M | $1.5B | ||
| Q3 25 | $349.5M | $1.5B | ||
| Q2 25 | $320.4M | $1.6B | ||
| Q1 25 | $299.5M | $1.6B | ||
| Q4 24 | $299.5M | $1.6B | ||
| Q3 24 | $289.4M | $1.6B | ||
| Q2 24 | $267.2M | $1.7B | ||
| Q1 24 | $258.8M | $1.7B |
| Q4 25 | $894.0M | $6.6B | ||
| Q3 25 | $889.6M | $6.7B | ||
| Q2 25 | $868.6M | $6.8B | ||
| Q1 25 | $848.3M | $7.2B | ||
| Q4 24 | $830.4M | $7.0B | ||
| Q3 24 | $847.6M | $7.4B | ||
| Q2 24 | $827.4M | $7.5B | ||
| Q1 24 | $824.1M | $7.7B |
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 | $29.4M | $11.4M |
| Free Cash FlowOCF − Capex | $28.0M | $-55.2M |
| FCF MarginFCF / Revenue | 22.3% | -45.8% |
| Capex IntensityCapex / Revenue | 1.1% | 55.2% |
| Cash ConversionOCF / Net Profit | 46.11× | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | $118.9M | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.4M | $11.4M | ||
| Q3 25 | $67.5M | $-7.6M | ||
| Q2 25 | $23.2M | $42.0M | ||
| Q1 25 | $7.0M | $-51.9M | ||
| Q4 24 | $11.5M | $55.1M | ||
| Q3 24 | $35.3M | $-5.6M | ||
| Q2 24 | $35.0M | $36.7M | ||
| Q1 24 | $-11.0M | $-5.6M |
| Q4 25 | $28.0M | $-55.2M | ||
| Q3 25 | $64.8M | $-18.0M | ||
| Q2 25 | $20.9M | $29.4M | ||
| Q1 25 | $5.3M | $-59.7M | ||
| Q4 24 | $6.9M | $-76.5M | ||
| Q3 24 | $34.2M | $-27.7M | ||
| Q2 24 | $33.5M | $-500.0K | ||
| Q1 24 | $-12.1M | $-57.1M |
| Q4 25 | 22.3% | -45.8% | ||
| Q3 25 | 60.7% | -15.5% | ||
| Q2 25 | 22.8% | 21.7% | ||
| Q1 25 | 6.1% | -46.5% | ||
| Q4 24 | 7.4% | -56.5% | ||
| Q3 24 | 37.3% | -21.7% | ||
| Q2 24 | 37.6% | -0.4% | ||
| Q1 24 | -15.3% | -41.9% |
| Q4 25 | 1.1% | 55.2% | ||
| Q3 25 | 2.6% | 8.9% | ||
| Q2 25 | 2.6% | 9.3% | ||
| Q1 25 | 1.9% | 6.1% | ||
| Q4 24 | 5.0% | 97.1% | ||
| Q3 24 | 1.2% | 17.3% | ||
| Q2 24 | 1.8% | 28.2% | ||
| Q1 24 | 1.4% | 37.8% |
| Q4 25 | 46.11× | 0.20× | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | 7.50× | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | 1.26× | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | — | ||
| Q1 24 | -3.35× | -0.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |