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Side-by-side financial comparison of IMAX CORP (IMAX) and VICOR CORP (VICR). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $113.0M, roughly 1.1× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs 0.5%, a 17.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 20.2%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 14.7%).
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.
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
IMAX vs VICR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $125.2M | $113.0M |
| Net Profit | $637.0K | $20.7M |
| Gross Margin | 57.6% | — |
| Operating Margin | 19.3% | 59.7% |
| Net Margin | 0.5% | 18.3% |
| Revenue YoY | 35.1% | 20.2% |
| Net Profit YoY | -88.0% | 713.9% |
| EPS (diluted) | $0.02 | $0.44 |
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.
| Q1 26 | — | $113.0M | ||
| Q4 25 | $125.2M | $107.3M | ||
| Q3 25 | $106.7M | $110.4M | ||
| Q2 25 | $91.7M | $96.0M | ||
| Q1 25 | $86.7M | $94.0M | ||
| Q4 24 | $92.7M | $96.2M | ||
| Q3 24 | $91.5M | $93.2M | ||
| Q2 24 | $89.0M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $637.0K | $46.5M | ||
| Q3 25 | $20.7M | $28.3M | ||
| Q2 25 | $11.3M | $41.2M | ||
| Q1 25 | $2.3M | $2.5M | ||
| Q4 24 | $5.3M | $10.2M | ||
| Q3 24 | $13.9M | $11.6M | ||
| Q2 24 | $3.6M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | 57.6% | 55.4% | ||
| Q3 25 | 63.1% | 57.5% | ||
| Q2 25 | 58.5% | 95.9% | ||
| Q1 25 | 61.4% | 47.2% | ||
| Q4 24 | 52.2% | 52.4% | ||
| Q3 24 | 55.8% | 49.1% | ||
| Q2 24 | 49.4% | 49.8% |
| Q1 26 | — | 59.7% | ||
| Q4 25 | 19.3% | 14.6% | ||
| Q3 25 | 27.2% | 18.9% | ||
| Q2 25 | 15.6% | 47.3% | ||
| Q1 25 | 19.3% | -0.2% | ||
| Q4 24 | 10.3% | 9.6% | ||
| Q3 24 | 21.2% | 5.8% | ||
| Q2 24 | 3.2% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | 0.5% | 43.4% | ||
| Q3 25 | 19.4% | 25.6% | ||
| Q2 25 | 12.3% | 42.9% | ||
| Q1 25 | 2.7% | 2.7% | ||
| Q4 24 | 5.7% | 10.7% | ||
| Q3 24 | 15.2% | 12.4% | ||
| Q2 24 | 4.0% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.02 | $1.01 | ||
| Q3 25 | $0.37 | $0.63 | ||
| Q2 25 | $0.20 | $0.91 | ||
| Q1 25 | $0.04 | $0.06 | ||
| Q4 24 | $0.09 | $0.24 | ||
| Q3 24 | $0.26 | $0.26 | ||
| Q2 24 | $0.07 | $-0.03 |
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 | $404.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $337.9M | $754.1M |
| Total Assets | $894.0M | $804.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $151.2M | $402.8M | ||
| Q3 25 | $143.1M | $362.4M | ||
| Q2 25 | $109.3M | $338.5M | ||
| Q1 25 | $97.1M | $296.1M | ||
| Q4 24 | $100.6M | $277.3M | ||
| Q3 24 | $104.5M | $267.6M | ||
| Q2 24 | $91.6M | $251.9M |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $337.9M | $711.6M | ||
| Q3 25 | $349.5M | $630.1M | ||
| Q2 25 | $320.4M | $608.6M | ||
| Q1 25 | $299.5M | $580.3M | ||
| Q4 24 | $299.5M | $570.1M | ||
| Q3 24 | $289.4M | $554.6M | ||
| Q2 24 | $267.2M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $894.0M | $785.8M | ||
| Q3 25 | $889.6M | $710.2M | ||
| Q2 25 | $868.6M | $693.5M | ||
| Q1 25 | $848.3M | $665.0M | ||
| Q4 24 | $830.4M | $641.1M | ||
| Q3 24 | $847.6M | $632.8M | ||
| Q2 24 | $827.4M | $613.2M |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $15.7M | ||
| Q3 25 | $67.5M | $38.5M | ||
| Q2 25 | $23.2M | $65.2M | ||
| Q1 25 | $7.0M | $20.1M | ||
| Q4 24 | $11.5M | $10.1M | ||
| Q3 24 | $35.3M | $22.6M | ||
| Q2 24 | $35.0M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $10.2M | ||
| Q3 25 | $64.8M | $34.5M | ||
| Q2 25 | $20.9M | $59.0M | ||
| Q1 25 | $5.3M | $15.6M | ||
| Q4 24 | $6.9M | $8.4M | ||
| Q3 24 | $34.2M | $14.1M | ||
| Q2 24 | $33.5M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | 9.5% | ||
| Q3 25 | 60.7% | 31.2% | ||
| Q2 25 | 22.8% | 61.5% | ||
| Q1 25 | 6.1% | 16.6% | ||
| Q4 24 | 7.4% | 8.7% | ||
| Q3 24 | 37.3% | 15.2% | ||
| Q2 24 | 37.6% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 5.2% | ||
| Q3 25 | 2.6% | 3.6% | ||
| Q2 25 | 2.6% | 6.5% | ||
| Q1 25 | 1.9% | 4.8% | ||
| Q4 24 | 5.0% | 1.8% | ||
| Q3 24 | 1.2% | 9.1% | ||
| Q2 24 | 1.8% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | 46.11× | 0.34× | ||
| Q3 25 | 3.27× | 1.36× | ||
| Q2 25 | 2.06× | 1.58× | ||
| Q1 25 | 2.99× | 7.93× | ||
| Q4 24 | 2.16× | 0.99× | ||
| Q3 24 | 2.54× | 1.95× | ||
| Q2 24 | 9.78× | — |
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% |
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
