Filing Flows › Imax (IMAX) › Q2 2026
Imax (IMAX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Imax (IMAX) reported revenue of $103M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +26% from the quarter before. Operating margin was 20.2%, net earnings $15.4M (15.0% of revenue).
Imax, Q2 2026: revenue $103M (+12% year over year), operating margin 20.2%, net earnings $15.4M, operating cash flow $32.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $103M | +26% | +12% |
| Gross profit | $62.9M | +37% | +17% |
| Operating profit | $20.8M | +109% | +45% |
| Net earnings | $15.4M | +264% | +37% |
| Operating cash flow | $32.0M | +694% | +38% |
| Free cash flow | $32.0M | 17× | +53% |
What changed
Revenue was $102.8M in Q2 2026, up 12% year over year and up 26% from the previous quarter. Image enhancement and maintenance services was the largest line at 52% of revenue. Technology sales added $7.8M year over year (up 41%), 70% of the total change.
Gross margin was 61.2%, up 2.7 points from Q2 2025. Operating profit was $20.8M, a 20.2% margin (up 4.6 points year over year). Of the extra revenue versus Q2 2025, 58% reached operating profit, above the 16% margin then. Operating expenses grew 7% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+146%). Net earnings were $15.4M, up 37% year over year. The effective tax rate was 18.1%.
Operating cash flow was $32.0M (up 38% year over year), 201% of net income including minority interests. Non-cash charges added back $15.7M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $6.9M. Capital expenditures of $21K left free cash flow of $32.0M.
Questions
What was Imax's revenue in the second quarter 2026?
Imax (IMAX) reported revenue of $103M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +26% from the quarter before.
Was Imax profitable in the second quarter 2026?
Operating profit was $20.8M (20.2% of revenue) and net earnings $15.4M.
Source: Imax 10-Q on SEC EDGAR.