IMAX Corporation (IMAX) is in the spotlight after the company reported that its global box office results for 2025 set a new annual record. The giant-screen exhibitor tallied $1.28 billion worldwide on a gross basis, exceeding the guidance it issued early in 2025.
The company highlighted that it grew its global box office year-over-year by over 40% and surpassed its previous record, set in 2019, by +13%. It also marked the highest-grossing year ever for IMAX in all three prime box office geographies (North America, China, and Rest of World international markets). Looking ahead, IMAX (IMAX) expects to grow global box office again in 2026, as the company has guided to a record $1.4 billion in receipts worldwide for the year.
Shares of IMAX (IMAX) were down 5.9% in Wednesday morning trading as investors may be eyeing the implication of Warner Bros. Discovery (WBD) recommitting to a merger with Netflix (NFLX). Some analysis suggests that Netflix (NFLX) could use Warner Bros. (WBD) primarily as a content feeder for its platform, potentially reducing movie theaters of fresh, high-quality film content, although there are counterarguments that Netflix (NFLX) could even benefit from the merger due to formal commitments made through 2029 covering major films.