IMAX · Imax Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $81.38M | - | $106.65M | $91.68M | $86.67M | - | $91.45M | $88.96M | $79.12M | - |
| Cost of Revenue | $35.57M | - | $39.38M | $38.08M | $33.49M | - | $40.43M | $45.03M | $32.23M | - |
| Gross Profit | $45.81M | - | $67.27M | $53.60M | $53.18M | - | $51.02M | $43.93M | $46.89M | - |
| R&D | $1.80M | - | $1.50M | $1.54M | $1.32M | - | - | $2.03M | $2.19M | - |
| SG&A | $32.49M | - | $34.22M | $35.30M | $33.46M | - | $31.47M | $37.56M | $31.26M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $9.95M | - | $29.05M | $14.35M | $16.73M | - | $19.41M | $2.87M | $12.07M | - |
| Interest Expense | $1.90M | - | $1.83M | $1.93M | $1.95M | - | $2.24M | $2.28M | $1.95M | - |
| Income Tax | $2.42M | - | $5.21M | $1.20M | $7.29M | - | $2.38M | ($4.00M) | $5.16M | - |
| Net Income | $4.23M | - | $20.66M | $11.26M | $2.33M | - | $13.90M | $3.58M | $3.27M | - |
| EPS - Basic | $0.08 | - | $0.38 | $0.21 | $0.04 | - | $0.26 | $0.07 | $0.06 | - |
| EPS - Diluted | $0.07 | - | $0.37 | $0.20 | $0.04 | - | $0.26 | $0.07 | $0.06 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $146.00M | $151.17M | $143.11M | $109.25M | $97.07M | $100.59M | $104.50M | $91.55M | $81.02M | $76.20M |
| Accounts Receivable | $108.54M | $108.08M | $108.42M | $126.95M | $122.34M | $107.67M | $114.19M | $121.51M | $140.58M | $136.26M |
| Inventory | $35.82M | $32.51M | $41.44M | $36.70M | $31.73M | $32.84M | $37.61M | $37.80M | $36.15M | $31.58M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $893.15M | $894.03M | $889.57M | $868.58M | $848.30M | $830.40M | $847.56M | $827.40M | $824.14M | $814.67M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $464.81M | $466.30M | $452.87M | $463.51M | $464.01M | $452.18M | $479.77M | $484.44M | $490.76M | $469.08M |
| Stockholders' Equity | $335.46M | $337.89M | $349.53M | $320.41M | $299.50M | $299.47M | $289.44M | $267.19M | $258.80M | $273.14M |
| Retained Earnings | ($235.74M) | ($239.97M) | ($240.60M) | ($261.26M) | ($272.40M) | ($274.68M) | ($279.99M) | ($293.89M) | ($297.28M) | ($292.85M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.03M | - | - | - | $6.95M | - | - | - | ($10.97M) | - |
| Investing Cash Flow | ($6.93M) | - | - | - | ($14.62M) | - | - | - | ($7.14M) | - |
| Financing Cash Flow | ($2.76M) | - | - | - | $4.23M | - | - | - | $22.79M | - |
| CapEx | $2.13M | - | - | - | $1.65M | - | - | - | $1.10M | - |
| Free Cash Flow | $1.90M | - | - | - | $5.31M | - | - | - | ($12.07M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 56.3% | - | 63.1% | 58.5% | 61.4% | - | 55.8% | 49.4% | 59.3% | - |
| Operating margin | 12.2% | - | 27.2% | 15.6% | 19.3% | - | 21.2% | 3.2% | 15.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 5.2% | - | 19.4% | 12.3% | 2.7% | - | 15.2% | 4.0% | 4.1% | - |
| Free cash flow margin | 2.3% | - | - | - | 6.1% | - | - | - | -15.3% | - |
| FCF / Net income | 0.45 | - | - | - | 2.28 | - | - | - | -3.69 | - |
| R&D / Revenue | 2.2% | - | 1.4% | 1.7% | 1.5% | - | - | 2.3% | 2.8% | - |
| SG&A / Revenue | 39.9% | - | 32.1% | 38.5% | 38.6% | - | 34.4% | 42.2% | 39.5% | - |
| Effective tax rate | 36.4% | - | 20.1% | 9.6% | 75.8% | - | 14.6% | - | 61.2% | - |
| Return on assets | 0.5% | - | 2.3% | 1.3% | 0.3% | - | 1.6% | 0.4% | 0.4% | - |
| Return on equity | 1.3% | - | 5.9% | 3.5% | 0.8% | - | 4.8% | 1.3% | 1.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 5.2x | - | 15.9x | 7.4x | 8.6x | - | 8.7x | 1.3x | 6.2x | - |
| Equity multiplier | 2.66 | 2.65 | 2.55 | 2.71 | 2.83 | 2.77 | 2.93 | 3.10 | 3.18 | 2.98 |
| Liabilities / Assets | 0.52 | 0.52 | 0.51 | 0.53 | 0.55 | 0.54 | 0.57 | 0.59 | 0.60 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.12 | 0.11 | 0.10 | - | 0.11 | 0.11 | 0.10 | - |
| Inventory turnover | 0.99 | - | 0.95 | 1.04 | 1.06 | - | 1.08 | 1.19 | 0.89 | - |
| Days sales outstanding | 487d | - | 371d | 505d | 515d | - | 456d | 499d | 649d | - |
| Days inventory outstanding | 368d | - | 384d | 352d | 346d | - | 340d | 306d | 409d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 543.0x | - | 88.5x | 139.8x | 658.8x | - | 78.9x | 239.6x | 269.5x | - |
| P / B | 6.4x | - | 5.2x | 4.8x | 4.8x | - | 3.8x | 3.4x | 3.3x | - |
| P / S | 26.3x | - | 17.1x | 16.8x | 16.7x | - | 12.1x | 10.1x | 10.9x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.1% | - | 16.6% | 3.1% | 9.5% | - | -12.0% | -9.2% | -9.0% | - |
| Revenue CAGR (3y) | -2.2% | - | 15.8% | 7.4% | 13.0% | - | 17.3% | 20.4% | 26.9% | - |
| Revenue CAGR (5y) | 16.0% | - | 23.4% | 59.6% | 20.0% | - | 1.1% | -3.2% | -0.3% | - |
| Gross profit growth (YoY) | -13.9% | - | 31.9% | 22.0% | 13.4% | - | -18.6% | -24.1% | -6.3% | - |
| Operating income growth (YoY) | -40.5% | - | 49.6% | 399.5% | 38.7% | - | -11.9% | -79.8% | 5.8% | - |
| Net income growth (YoY) | 81.6% | - | 48.7% | 214.1% | -28.9% | - | 15.9% | -57.1% | 33.4% | - |
| EPS growth (YoY) | 75.0% | - | 42.3% | 185.7% | -33.3% | - | 18.2% | -53.3% | 50.0% | - |
| EPS CAGR (3y) | 20.5% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | -14.3% | - |
| FCF growth (YoY) | -64.2% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -1.4% | - | - | - | - | - |
| Book value growth (YoY) | 12.0% | 12.8% | 20.8% | 19.9% | 15.7% | 9.6% | 0.8% | -1.3% | -2.0% | 3.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$647.03M totalReportable Segment Aggregation Before Other Operating Segment$402.54M · 62.2%
Content Solutions Segment$142.35M · 22.0%
Technology Products And Services Segment$94.47M · 14.6%
All Other Segments$7.68M · 1.2%
Product / service
$552.56M totalService$217.93M · 39.4%
Image Enhancement And Maintenance Services$142.35M · 25.8%
Technology Sales$98.34M · 17.8%
Technology Rentals$82.22M · 14.9%
Finance Income$11.73M · 2.1%
Geographic
$410.21M totalUS$144.85M · 35.3%
Greater China$102.34M · 24.9%
Asia Excluding Greater China$66.63M · 16.2%
Western Europe$51.76M · 12.6%
Rest Of World$24.15M · 5.9%
CA$11.52M · 2.8%
Latin America$8.97M · 2.2%
Peer comparison
Same SIC group: Photographic Equipment & Supplies
Comparing IMAX CORP against the 5 most active filers in the same SIC group.