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Imax Posts Record Revenue, Profit Growth With ‘The Odyssey’ in Third Quarter
Developing story first seen 4 hours ago
Imax reported record third-quarter box office, revenue and profit, with Christopher Nolan’s *The Odyssey* helping drive demand for its premium screens. The company also said it expects to exceed its 2026 box-office target after signing agreements for 105 theatre systems so far this year.
Global box office reached $712 million, up from $368 million a year earlier, while revenue rose 64 per cent to $174.6 million and net income climbed to $117.1 million from $22.6 million. *The Odyssey* contributed to more than $550 million in premium ticket sales, and *Dune: Part Three* has already generated $30 million in pre-sales. Imax is considering adding 10 to 15 locations capable of showing 70mm films and plans to test smaller, premium auditoriums.
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In short
- Imax expects to beat its $1.4 billion 2026 box-office target.
- Third-quarter global box office reached a record $712 million.
- *The Odyssey* helped lift premium ticket sales above $550 million.
How this story developed
- 2 hours ago Imax reported record global box office, revenue and profit growth in the third quarter, buoyed by audiences for Christopher Nolan’s *The Odyssey*. The results reflect continuing recovery at cinemas and strong demand for premium large-format screenings.
- 2 hours ago Imax reported record third-quarter box office, revenue and profit, with Christopher Nolan’s *The Odyssey* helping drive demand for its premium screens. The company also said it expects to exceed its 2026 box-office target after signing agreements for 105 theatre systems so far this year.
Explained simply
Imax is a cinema technology company known for large screens and specialised projection and sound systems. It earns money from cinema admissions and from installing or upgrading systems in theatres, while audiences often pay more for an Imax ticket than for a standard screening.
Filmmakers can release films in formats designed for Imax, and cinemas use these systems to offer a different viewing experience. Christopher Nolan has made several films for large-format presentation, helping draw audiences to Imax screenings; 70mm refers to a type of film format used in some cinemas.
Imax’s results matter to cinema operators and film studios because they show how much demand there is for premium screenings and whether theatres may invest in more specialised rooms. The company’s plans also reflect a broader effort to attract audiences back to cinemas with larger screens and higher-end experiences.
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