Overview
- The company reported its highest quarterly revenue in company history at about $1.59–$1.60 billion and adjusted EBITDA of roughly $320–$321 million, driven by a stronger 2026 studio slate.
- Attendance rose about 13.5% to roughly 71.3 million patrons with U.S. visits up about 12% and international attendance up about 18%, lifting admissions and concession sales.
- On July 20 AMC disclosed operating cash flow turned positive and free cash flow was about $190 million for the quarter, reversing losses from earlier in the year.
- Management used capital markets during the quarter to refinance roughly $400 million of debt, raise about $285 million of equity, and push major maturities into 2029, which reduced near‑term default risk but increased share count and dilution.
- Despite the operating gains, AMC posted a GAAP net loss of $11.4 million because of marked‑to‑market derivative and debt‑extinguishment charges, leaving the per‑share recovery dependent on continued blockbuster releases and further balance‑sheet repair.