AMC Entertainment Holdings, Inc.

AMC Entertainment Holdings, Inc. Earnings Recaps

AMC Communication Services 3 recaps
Q1 2026 May 7, 2026

The stock jumped 13.1% on exceptionally strong adjusted EBITDA and robust box office growth, driven by a 22% surge in the North American box office that surpassed expectations and lifted both domestic and international segments.

Key takeaways
  • Adjusted EBITDA improved by $96 million year-over-year, marking the best first quarter result since 2019 pre-pandemic.
  • North American box office revenue increased 22% in Q1, the strongest start since the pandemic began.
  • International performance notably improved, particularly across AMC's European footprint.
  • Balance sheet enhancements included refinancing $400 million of debt to 2031, reducing interest expense, and raising $72 million via equity issuance.
  • Opportunistic asset sales generated $30 million cash in Q1, totaling $54 million from Hycroft Mining holdings, surpassing original investment.
Full recap
Q3 2025 Nov 6, 2025

AMC Entertainment reported strong third-quarter results, with revenue of $1.3 billion and adjusted EBITDA of $122 million, surpassing analyst expectations despite a challenging industry backdrop.

Key takeaways
  • Achieved all-time record admissions revenue per patron at $12.25 and second highest food and beverage revenue per patron at $7.74.
  • Grew consolidated contribution margin per patron by 9.2% year-over-year, currently 54% higher than pre-pandemic levels in 2019.
  • Increased market share significantly, reaching approximately 24% of the U.S. domestic box office, outperforming competitors like Regal and Cinemark.
  • Successfully refinanced $173 million of debt maturing in 2026 and increased equitized exchangeable debt to $183 million, enhancing financial stability.
  • Anticipates a strong fourth quarter and continued box office recovery into 2026, supported by a robust film slate.
Full recap
Q2 2025 Aug 12, 2025

AMC Entertainment reported a robust second quarter for 2025, highlighted by record attendance and a staggering 391% increase in adjusted EBITDA, driven by strong box office performance and effective cost management.

Key takeaways
  • Global attendance grew by 25.6%, with AMC and Odeon welcoming nearly 63 million guests.
  • Revenue surged by 35.6% year-over-year, reaching new heights in admissions and concession revenues per patron.
  • Adjusted EBITDA hit $189.2 million, a substantial increase from $38 million in Q2 2024, reflecting effective operational leverage.
  • Positive cash flow from operating activities improved dramatically to $138.4 million, a swing of $173 million from the previous year.
  • Optimistic outlook for Q4 2025 and beyond, with upcoming blockbuster releases expected to further boost box office results and industry recovery.
Full recap