What changed
IMAX reported Q2 2026 EPS of $0.27, beating consensus by $0.03 (12.5%), on revenue of $102.8M, up 12% YoY and above estimates. Adjusted EPS of $0.43 surged 65% YoY, driven by record box office from *The Odyssey* and strong operating margins (Net Income margin 15.5%, Adj. EBITDA margin 46.6%). The market may miss that *The Odyssey*’s $52M opening weekend (20% global share) and $60M presales signal a multi-quarter tailwind, with installations hitting a decade-high 38 in Q2.
Why it matters
IMAX reported Q2 2026 EPS of $0.27, beating consensus by $0.03 (12.5%), on revenue of $102.8M, up 12% YoY and above estimates. Adjusted EPS of $0.43 surged 65% YoY, driven by record box office from *The Odyssey* and strong operating margins (Net Income margin 15.5%, Adj. EBITDA margin 46.6%). The market may miss that *The Odyssey*’s $52M opening weekend (20% global share) and $60M presales signal a multi-quarter tailwind, with installations hitting a decade-high 38 in Q2.