Filing Flows › Imax (IMAX) › Q3 2026
Imax (IMAX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Imax (IMAX) reported revenue of $175M for the third quarter 2026 (Q3 2026), +64% from a year earlier and +70% from the quarter before. Operating margin was 42.9%, net earnings $114M (65.2% of revenue).
Imax, Q3 2026: revenue $175M (+64% year over year), operating margin 42.9%, net earnings $114M, operating cash flow $86.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $175M | +70% | +64% |
| Gross profit | $126M | +101% | +88% |
| Operating profit | $74.9M | +260% | +158% |
| Net earnings | $114M | +639% | +451% |
| Operating cash flow | $86.1M | +169% | +28% |
| Free cash flow | $84.2M | +163% | +30% |
What changed
Revenue was $174.6M in Q3 2026, up 64% year over year and up 70% from the previous quarter. Image enhancement and maintenance services was the largest line at 64% of revenue. Image enhancement and maintenance services added $49.9M year over year (up 82%), 74% of the total change. Technology sales declined 3%.
Gross margin was 72.4%, up 9.3 points from Q3 2025. Operating profit was $74.9M, a 42.9% margin (up 15.7 points year over year). Of the extra revenue versus Q3 2025, 67% reached operating profit, above the 27% margin then. Operating expenses grew 35% against revenue growth of 64%. The fastest-growing cost line was Other operating costs (+317%). Net earnings were $113.8M, up 451% year over year. The effective tax rate was -58.7%.
Operating cash flow was $86.1M (up 28% year over year), 74% of net income including minority interests. Non-cash charges added back $26.8M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items used $67.6M. Capital expenditures of $1.9M left free cash flow of $84.2M.
Questions
What was Imax's revenue in the third quarter 2026?
Imax (IMAX) reported revenue of $175M for the third quarter 2026 (Q3 2026), +64% from a year earlier and +70% from the quarter before.
Was Imax profitable in the third quarter 2026?
Operating profit was $74.9M (42.9% of revenue) and net earnings $114M.
Source: Imax 10-Q on SEC EDGAR.