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Side-by-side financial comparison of IMAX CORP (IMAX) and SmartStop Self Storage REIT, Inc. (SMA). Click either name above to swap in a different company.

IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $78.4M, roughly 1.6× SmartStop Self Storage REIT, Inc.). SmartStop Self Storage REIT, Inc. runs the higher net margin — 3.8% vs 0.5%, a 3.3% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 29.4%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 17.3%).

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.

SmartStop Self Storage REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality self-storage properties. Its portfolio covers multiple U.S. states and Canadian provinces, offering secure, flexible storage solutions for residential customers storing personal belongings and commercial clients storing inventory or seasonal goods.

IMAX vs SMA — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.6× larger
IMAX
$125.2M
$78.4M
SMA
Growing faster (revenue YoY)
IMAX
IMAX
+5.8% gap
IMAX
35.1%
29.4%
SMA
Higher net margin
SMA
SMA
3.3% more per $
SMA
3.8%
0.5%
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
17.3%
SMA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMAX
IMAX
SMA
SMA
Revenue
$125.2M
$78.4M
Net Profit
$637.0K
$3.0M
Gross Margin
57.6%
61.2%
Operating Margin
19.3%
24.0%
Net Margin
0.5%
3.8%
Revenue YoY
35.1%
29.4%
Net Profit YoY
-88.0%
2080.0%
EPS (diluted)
$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.

Revenue
IMAX
IMAX
SMA
SMA
Q4 25
$125.2M
$78.4M
Q3 25
$106.7M
$70.4M
Q2 25
$91.7M
$66.8M
Q1 25
$86.7M
$65.4M
Q4 24
$92.7M
$60.6M
Q3 24
$91.5M
$60.2M
Q2 24
$89.0M
$59.2M
Q1 24
$79.1M
$57.0M
Net Profit
IMAX
IMAX
SMA
SMA
Q4 25
$637.0K
$3.0M
Q3 25
$20.7M
$5.2M
Q2 25
$11.3M
$-4.8M
Q1 25
$2.3M
$-5.5M
Q4 24
$5.3M
$-150.0K
Q3 24
$13.9M
$-6.2M
Q2 24
$3.6M
$-705.0K
Q1 24
$3.3M
$-1.6M
Gross Margin
IMAX
IMAX
SMA
SMA
Q4 25
57.6%
61.2%
Q3 25
63.1%
60.9%
Q2 25
58.5%
59.3%
Q1 25
61.4%
64.1%
Q4 24
52.2%
66.3%
Q3 24
55.8%
64.8%
Q2 24
49.4%
66.4%
Q1 24
59.3%
65.1%
Operating Margin
IMAX
IMAX
SMA
SMA
Q4 25
19.3%
24.0%
Q3 25
27.2%
18.1%
Q2 25
15.6%
15.4%
Q1 25
19.3%
26.3%
Q4 24
10.3%
29.4%
Q3 24
21.2%
29.4%
Q2 24
3.2%
29.9%
Q1 24
15.3%
28.0%
Net Margin
IMAX
IMAX
SMA
SMA
Q4 25
0.5%
3.8%
Q3 25
19.4%
7.4%
Q2 25
12.3%
-7.2%
Q1 25
2.7%
-8.3%
Q4 24
5.7%
-0.2%
Q3 24
15.2%
-10.3%
Q2 24
4.0%
-1.2%
Q1 24
4.1%
-2.9%
EPS (diluted)
IMAX
IMAX
SMA
SMA
Q4 25
$0.02
Q3 25
$0.37
$0.09
Q2 25
$0.20
$-0.16
Q1 25
$0.04
$-0.35
Q4 24
$0.09
Q3 24
$0.26
$-0.26
Q2 24
$0.07
$-0.16
Q1 24
$0.06
$-0.20

Balance Sheet & Financial Strength

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

Metric
IMAX
IMAX
SMA
SMA
Cash + ST InvestmentsLiquidity on hand
$151.2M
$54.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$337.9M
$1.2B
Total Assets
$894.0M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMAX
IMAX
SMA
SMA
Q4 25
$151.2M
$54.2M
Q3 25
$143.1M
$47.8M
Q2 25
$109.3M
$37.7M
Q1 25
$97.1M
$35.2M
Q4 24
$100.6M
$23.1M
Q3 24
$104.5M
$36.7M
Q2 24
$91.6M
$34.7M
Q1 24
$81.0M
$39.2M
Stockholders' Equity
IMAX
IMAX
SMA
SMA
Q4 25
$337.9M
$1.2B
Q3 25
$349.5M
$1.2B
Q2 25
$320.4M
$1.2B
Q1 25
$299.5M
$303.0M
Q4 24
$299.5M
$325.7M
Q3 24
$289.4M
$343.9M
Q2 24
$267.2M
$365.8M
Q1 24
$258.8M
$384.8M
Total Assets
IMAX
IMAX
SMA
SMA
Q4 25
$894.0M
$2.4B
Q3 25
$889.6M
$2.4B
Q2 25
$868.6M
$2.3B
Q1 25
$848.3M
$2.1B
Q4 24
$830.4M
$2.0B
Q3 24
$847.6M
$1.9B
Q2 24
$827.4M
$1.9B
Q1 24
$824.1M
$1.9B

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
SMA
SMA
Operating Cash FlowLast quarter
$29.4M
$85.0M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
46.11×
28.61×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMAX
IMAX
SMA
SMA
Q4 25
$29.4M
$85.0M
Q3 25
$67.5M
$52.1M
Q2 25
$23.2M
$8.0M
Q1 25
$7.0M
$10.6M
Q4 24
$11.5M
$64.0M
Q3 24
$35.3M
$21.7M
Q2 24
$35.0M
$17.3M
Q1 24
$-11.0M
$14.4M
Free Cash Flow
IMAX
IMAX
SMA
SMA
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
SMA
SMA
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
SMA
SMA
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
SMA
SMA
Q4 25
46.11×
28.61×
Q3 25
3.27×
9.96×
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%

SMA
SMA

Self Storage Rental Revenue$62.0M79%
Other$11.9M15%
Ancillary Operating Revenue$2.9M4%
Asset Management1$1.7M2%

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