Overview
- AMC's Q1 2025 revenue fell 9% year-over-year to $862.5 million, with net losses widening to $202.1 million from $163.5 million in 2024.
- Global attendance dropped 10%, with U.S. attendance down 11.8%, attributed to a lack of major blockbuster releases and underperforming films like 'Snow White' and 'Mickey 17.'
- CEO Adam Aron described the Q1 downturn as a 'distorting anomaly,' emphasizing strong consumer demand and a robust film slate for the rest of 2025.
- Since April 1, the domestic box office has doubled year-over-year, driven by hits like 'Minecraft' and 'Thunderbolts,' with more anticipated summer releases ahead.
- AMC achieved a record Q1 U.S. admissions revenue per patron, with spending per customer rising 3% year-over-year to $14.33.