vs

Side-by-side financial comparison of IMAX CORP (IMAX) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $125.2M, roughly 1.3× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -82.0%, a 82.5% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -22.7%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-36.6M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -11.5%).

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.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

IMAX vs PTCT — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.3× larger
PTCT
$164.7M
$125.2M
IMAX
Growing faster (revenue YoY)
IMAX
IMAX
+57.9% gap
IMAX
35.1%
-22.7%
PTCT
Higher net margin
IMAX
IMAX
82.5% more per $
IMAX
0.5%
-82.0%
PTCT
More free cash flow
IMAX
IMAX
$64.6M more FCF
IMAX
$28.0M
$-36.6M
PTCT
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMAX
IMAX
PTCT
PTCT
Revenue
$125.2M
$164.7M
Net Profit
$637.0K
$-135.0M
Gross Margin
57.6%
Operating Margin
19.3%
-43.3%
Net Margin
0.5%
-82.0%
Revenue YoY
35.1%
-22.7%
Net Profit YoY
-88.0%
-104.8%
EPS (diluted)
$0.02
$-1.63

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
PTCT
PTCT
Q4 25
$125.2M
$164.7M
Q3 25
$106.7M
$211.0M
Q2 25
$91.7M
$178.9M
Q1 25
$86.7M
$1.2B
Q4 24
$92.7M
$213.2M
Q3 24
$91.5M
$196.8M
Q2 24
$89.0M
$186.7M
Q1 24
$79.1M
$210.1M
Net Profit
IMAX
IMAX
PTCT
PTCT
Q4 25
$637.0K
$-135.0M
Q3 25
$20.7M
$15.9M
Q2 25
$11.3M
$-64.8M
Q1 25
$2.3M
$866.6M
Q4 24
$5.3M
$-65.9M
Q3 24
$13.9M
$-106.7M
Q2 24
$3.6M
$-99.2M
Q1 24
$3.3M
$-91.6M
Gross Margin
IMAX
IMAX
PTCT
PTCT
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
PTCT
PTCT
Q4 25
19.3%
-43.3%
Q3 25
27.2%
1.4%
Q2 25
15.6%
-19.5%
Q1 25
19.3%
82.5%
Q4 24
10.3%
-76.2%
Q3 24
21.2%
-27.7%
Q2 24
3.2%
-21.5%
Q1 24
15.3%
-21.6%
Net Margin
IMAX
IMAX
PTCT
PTCT
Q4 25
0.5%
-82.0%
Q3 25
19.4%
7.5%
Q2 25
12.3%
-36.3%
Q1 25
2.7%
73.7%
Q4 24
5.7%
-30.9%
Q3 24
15.2%
-54.2%
Q2 24
4.0%
-53.1%
Q1 24
4.1%
-43.6%
EPS (diluted)
IMAX
IMAX
PTCT
PTCT
Q4 25
$0.02
$-1.63
Q3 25
$0.37
$0.20
Q2 25
$0.20
$-0.83
Q1 25
$0.04
$10.04
Q4 24
$0.09
$-0.85
Q3 24
$0.26
$-1.39
Q2 24
$0.07
$-1.29
Q1 24
$0.06
$-1.20

Balance Sheet & Financial Strength

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

Metric
IMAX
IMAX
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$151.2M
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$337.9M
$-205.3M
Total Assets
$894.0M
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMAX
IMAX
PTCT
PTCT
Q4 25
$151.2M
$1.9B
Q3 25
$143.1M
$1.7B
Q2 25
$109.3M
$2.0B
Q1 25
$97.1M
$2.0B
Q4 24
$100.6M
$1.1B
Q3 24
$104.5M
$1.0B
Q2 24
$91.6M
$1.1B
Q1 24
$81.0M
$884.8M
Stockholders' Equity
IMAX
IMAX
PTCT
PTCT
Q4 25
$337.9M
$-205.3M
Q3 25
$349.5M
$-155.8M
Q2 25
$320.4M
$-206.5M
Q1 25
$299.5M
$-185.8M
Q4 24
$299.5M
$-1.1B
Q3 24
$289.4M
$-1.1B
Q2 24
$267.2M
$-980.2M
Q1 24
$258.8M
$-893.9M
Total Assets
IMAX
IMAX
PTCT
PTCT
Q4 25
$894.0M
$2.9B
Q3 25
$889.6M
$2.6B
Q2 25
$868.6M
$2.6B
Q1 25
$848.3M
$2.7B
Q4 24
$830.4M
$1.7B
Q3 24
$847.6M
$1.8B
Q2 24
$827.4M
$1.9B
Q1 24
$824.1M
$1.8B

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
PTCT
PTCT
Operating Cash FlowLast quarter
$29.4M
$-34.3M
Free Cash FlowOCF − Capex
$28.0M
$-36.6M
FCF MarginFCF / Revenue
22.3%
-22.3%
Capex IntensityCapex / Revenue
1.1%
1.4%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$118.9M
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMAX
IMAX
PTCT
PTCT
Q4 25
$29.4M
$-34.3M
Q3 25
$67.5M
$-66.3M
Q2 25
$23.2M
$-58.3M
Q1 25
$7.0M
$870.1M
Q4 24
$11.5M
$-30.0M
Q3 24
$35.3M
$-77.0M
Q2 24
$35.0M
$-71.5M
Q1 24
$-11.0M
$70.8M
Free Cash Flow
IMAX
IMAX
PTCT
PTCT
Q4 25
$28.0M
$-36.6M
Q3 25
$64.8M
$-69.7M
Q2 25
$20.9M
$-59.6M
Q1 25
$5.3M
$868.4M
Q4 24
$6.9M
$-33.8M
Q3 24
$34.2M
$-77.5M
Q2 24
$33.5M
$-78.8M
Q1 24
$-12.1M
$61.2M
FCF Margin
IMAX
IMAX
PTCT
PTCT
Q4 25
22.3%
-22.3%
Q3 25
60.7%
-33.1%
Q2 25
22.8%
-33.3%
Q1 25
6.1%
73.8%
Q4 24
7.4%
-15.8%
Q3 24
37.3%
-39.4%
Q2 24
37.6%
-42.2%
Q1 24
-15.3%
29.1%
Capex Intensity
IMAX
IMAX
PTCT
PTCT
Q4 25
1.1%
1.4%
Q3 25
2.6%
1.6%
Q2 25
2.6%
0.7%
Q1 25
1.9%
0.1%
Q4 24
5.0%
1.8%
Q3 24
1.2%
0.3%
Q2 24
1.8%
4.0%
Q1 24
1.4%
4.6%
Cash Conversion
IMAX
IMAX
PTCT
PTCT
Q4 25
46.11×
Q3 25
3.27×
-4.17×
Q2 25
2.06×
Q1 25
2.99×
1.00×
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%

PTCT
PTCT

Segment breakdown not available.

Related Comparisons