Thanks to Nolan's 'Odyssey,' IMAX Doubles Quarterly Earnings Compared to Last Year
A total of $1.4 billion is planned to be earned in 2026: new parts of 'Dune' and 'Doomsday' will be released in winter
IMAX's quarterly earnings nearly doubled compared to the same period last year. The main factor was the screening of 'Odyssey' on 70mm film: premium tickets for the film brought the network over $550 million worldwide.
The company's revenue grew by 64%, reaching $174.6 million, while net profit increased by over 400%, reaching $117.1 million. Adjusted EBITDA reached $121 million, and adjusted earnings per share were $2.21; both results set quarterly records.
IMAX expects to exceed its 2026 forecast, which projects global network earnings of $1.4 billion. Since the beginning of the year, the company has signed agreements to install 105 cinema systems, with another deal for 13 theaters in Europe awaiting completion.
Releases of *Dune: Part Three* and *Avengers: Doomsday* are scheduled by the end of 2026. Pre-sales for *Dune: Part Three* have already reached $30 million. The 2027 schedule includes films shot using IMAX cameras, such as *Star Wars: Starfighter* and *Man of Tomorrow*. *Avengers: Secret Wars* and an original *Star Wars* film will be shown in 70mm format for the first time.
The company is also testing small premium-class theaters with enhanced image and sound quality and plans to expand the number of venues offering 70mm screenings by 10–15. According to the head of IMAX, the film *The Further Mis-Adventures of Cliff Booth* will be released in over 550 theaters in the network: it will appear in cinemas on November 25 and become available on Netflix on December 23.
