Filing Flows › Imax (IMAX) › Q2 2026 › vs Q2 2025
Imax (IMAX) Q2 2026 vs Q2 2025 (year over year)
Imax's revenue rose $11.2M (+12%) from $91.7M in Q2 2025 to $103M in Q2 2026. The biggest changes: Technology sales +$7.8M (+41%); Image enhancement and maintenance services +$2.3M (+5%); Technology rentals +$884K (+5%). Gross margin 61.2% against 58.5% (+2.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 61.2% | 58.5% | +2.7 pts |
| Operating margin | 20.2% | 15.6% | +4.6 pts |
| Net margin | 15.0% | 12.3% | +2.7 pts |
| Free cash flow margin | 31.1% | 22.8% | +8.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Image enhancement and maintenance services | $53.2M | $50.9M | $2.3M | +5% |
| Technology sales | $26.7M | $18.8M | $7.8M | +41% |
| Technology rentals | $20.0M | $19.1M | $884K | +5% |
| Finance income | $3.0M | $2.9M | $156K | +5% |
| Revenue | $103M | $91.7M | $11.2M | +12% |
| Gross profit | $62.9M | $53.6M | $9.3M | +17% |
| Cost of revenue | $39.9M | $38.1M | $1.9M | +5% |
| Operating profit | $20.8M | $14.3M | $6.4M | +45% |
| Operating expenses | $42.1M | $39.3M | $2.9M | +7% |
| Pre-tax earnings | $19.4M | $13.4M | $6.0M | +45% |
| Other expense, net | $1.4M | $913K | $446K | +49% |
| Research & development | $1.7M | $1.5M | $113K | +7% |
| SG&A | $34.5M | $35.3M | −$774K | -2% |
| Other operating costs | $5.9M | $2.4M | $3.5M | +146% |
| Net earnings | $15.4M | $11.3M | $4.1M | +37% |
| Minority interests | $506K | $980K | −$474K | -48% |
| Income tax | $3.5M | $1.2M | $2.3M | +193% |
| Depreciation & amortization | $15.7M | $15.9M | −$221K | -1% |
| Share-based compensation | $7.3M | $7.4M | −$100K | -1% |
| Working capital & other | $6.4M | $11.3M | −$4.9M | -44% |
| Operating cash flow | $32.0M | $23.2M | $8.8M | +38% |
| Free cash flow (OCF − capex) | $32.0M | $20.9M | $11.1M | +53% |
| Capital expenditures | $21K | $2.4M | −$2.3M | -99% |
Questions
How much did Imax's revenue grow year over year in Q2 2026?
Imax's revenue rose $11.2M (+12%) from $91.7M in Q2 2025 to $103M in Q2 2026.
What drove Imax's revenue change in Q2 2026?
Technology sales +$7.8M (+41%); Image enhancement and maintenance services +$2.3M (+5%); Technology rentals +$884K (+5%).