Filing Flows › Reading International (RDI) › Q1 2026
Reading International (RDI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Reading International (RDI) reported revenue of $45.1M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -10% from the quarter before. Operating margin was -8.0%, net loss $8.1M (18.0% of revenue).
Reading International, Q1 2026: revenue $45.1M (+12% year over year), operating margin -8.0%, net loss $8.1M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.1M | -10% | +12% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | −$2.5M | -158% | — |
What changed
Revenue was $45.1M in Q1 2026, up 12% year over year and down 10% from the previous quarter. Cinema was the largest line at 92% of revenue. Cinema added $5.1M year over year (up 14%), 102% of the total change. Real Estate declined 3%.
Operating costs exceeded revenue by $3.6M, an operating margin of -8.0%. Total costs grew 4% against revenue growth of 12%. The quarter ended with a net loss of $8.1M, wider than the previous quarter's $2.6M loss. Net interest and other expense of $4.6M was the main reason.
Operating cash flow was −$2.5M. Non-cash charges added back $3.2M of depreciation and amortization and $368K of share-based compensation. Working capital and other items added $2.1M. Capital expenditures of $516K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Reading International's revenue in the first quarter 2026?
Reading International (RDI) reported revenue of $45.1M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -10% from the quarter before.
Was Reading International profitable in the first quarter 2026?
Operating loss was $3.6M (-8.0% of revenue) and net loss $8.1M.