Filing Flows › Imax (IMAX) › How it makes money
How Imax (IMAX) makes money
Imax (IMAX) made $175M of revenue in the third quarter 2026 (Q3 2026), +64% from a year earlier. Image enhancement and maintenance services brought in $111M (64%); Technology rentals brought in $41.4M (24%); Technology sales brought in $18.9M (11%). Of every dollar of revenue, 72¢ was left as gross profit, 43¢ was left as operating profit, 65¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Image enhancement and maintenance services | $111M | 63.6% | +109% | +82% |
| Technology rentals | $41.4M | 23.7% | +107% | +78% |
| Technology sales | $18.9M | 10.8% | -29% | -3% |
| Finance income | $3.3M | 1.9% | +8% | +12% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $175M | 100.0% |
| Cost of revenue | $48.2M | 27.6% |
| Gross profit | $126M | 72.4% |
| Operating expenses | $51.4M | 29.5% |
| Operating profit | $74.9M | 42.9% |
| Net earnings | $114M | 65.2% |
| Operating cash flow | $86.1M | 49.3% |
| Free cash flow | $84.2M | 48.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $175M | +64% |
| Q2 2026 | $103M | +12% |
| Q1 2026 | $81.4M | -6% |
| Q4 2025 | $125M | +35% |
| Q3 2025 | $107M | +17% |
| Q2 2025 | $91.7M | +3% |
| Q1 2025 | $86.7M | +10% |
From Imax's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Imax make money?
Imax (IMAX) made $175M of revenue in the third quarter 2026 (Q3 2026), +64% from a year earlier. Image enhancement and maintenance services brought in $111M (64%); Technology rentals brought in $41.4M (24%); Technology sales brought in $18.9M (11%). Of every dollar of revenue, 72¢ was left as gross profit, 43¢ was left as operating profit, 65¢ was left as net earnings.
What is Imax's biggest business?
Image enhancement and maintenance services: $111M in the third quarter 2026, 64% of revenue, +82% from a year earlier.
What is Imax's profit margin?
Net earnings were $114M, 65.2% of revenue, in the third quarter 2026; the operating margin was 42.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.