Filing Flows › Imax (IMAX) › Q2 2026 › vs Q1 2026
Imax (IMAX) Q2 2026 vs Q1 2026 (quarter over quarter)
Imax's revenue rose $21.5M (+26%) from $81.4M in Q1 2026 to $103M in Q2 2026. The biggest changes: Technology sales +$13.2M (+99%); Image enhancement and maintenance services +$4.6M (+9%); Technology rentals +$3.4M (+20%). Gross margin 61.2% against 56.3% (+4.9 pts).
Imax, Q2 2026: revenue $103M (+12% year over year), operating margin 20.2%, net earnings $15.4M, operating cash flow $32.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 61.2% | 56.3% | +4.9 pts |
| Operating margin | 20.2% | 12.2% | +8.0 pts |
| Net margin | 15.0% | 5.2% | +9.8 pts |
| Free cash flow margin | 31.1% | 2.3% | +28.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Image enhancement and maintenance services | $53.2M | $48.6M | $4.6M | +9% |
| Technology sales | $26.7M | $13.4M | $13.2M | +99% |
| Technology rentals | $20.0M | $16.6M | $3.4M | +20% |
| Finance income | $3.0M | $2.8M | $271K | +10% |
| Revenue | $103M | $81.4M | $21.5M | +26% |
| Gross profit | $62.9M | $45.8M | $17.1M | +37% |
| Cost of revenue | $39.9M | $35.6M | $4.4M | +12% |
| Operating profit | $20.8M | $10.0M | $10.8M | +109% |
| Operating expenses | $42.1M | $35.9M | $6.3M | +17% |
| Pre-tax earnings | $19.4M | $8.5M | $10.9M | +129% |
| Other expense, net | $1.4M | $1.5M | −$100K | -7% |
| Research & development | $1.7M | $1.8M | −$149K | -8% |
| SG&A | $34.5M | $32.5M | $2.0M | +6% |
| Other operating costs | $5.9M | $1.6M | $4.4M | +279% |
| Net earnings | $15.4M | $4.2M | $11.2M | +264% |
| Minority interests | $506K | $1.8M | −$1.3M | -73% |
| Income tax | $3.5M | $2.4M | $1.1M | +45% |
| Depreciation & amortization | $15.7M | $15.2M | $439K | +3% |
| Share-based compensation | $7.3M | $5.7M | $1.6M | +28% |
| Working capital & other | $6.4M | $21.1M | −$14.7M | -70% |
| Operating cash flow | $32.0M | $4.0M | $28.0M | +694% |
| Free cash flow (OCF − capex) | $32.0M | $1.9M | $30.1M | 17× |
| Capital expenditures | $21K | $2.1M | −$2.1M | -99% |
Questions
How much did Imax's revenue grow quarter over quarter in Q2 2026?
Imax's revenue rose $21.5M (+26%) from $81.4M in Q1 2026 to $103M in Q2 2026.
What drove Imax's revenue change in Q2 2026?
Technology sales +$13.2M (+99%); Image enhancement and maintenance services +$4.6M (+9%); Technology rentals +$3.4M (+20%).