Overview

• IMAX achieved a record $298 million global box office in Q1 2025, up 12% year-over-year, led by the Chinese hit 'Ne Zha 2'.
• 'Ne Zha 2' contributed $164 million—55% of IMAX's global box office—and became the highest-grossing animated film ever, surpassing $2.1 billion worldwide.
• Quarterly revenue grew 10% to $87 million, surpassing Wall Street projections of $84 million, with adjusted EBITDA rising 15% to $37 million.
• IMAX installed 21 new and upgraded systems in Q1, a 40% increase from the same period in 2024, reflecting its global network expansion strategy.
• The company’s diversification into local-language and alternative content helped offset a 12% decline in the U.S. box office, demonstrating the strength of its evolving business model.