Q2 26 EPS
$0.14
BEAT +938.32%
Est. $-0.02
Q2 26 Revenue
$1.60B
BEAT +6.58%
Est. $1.50B
vs S&P Since Q2 26
+26.9%
BEATING MARKET
AMC +31.0% vs S&P +4.2%
Market Reaction
Did AMC Beat Earnings? Q2 2026 Results
AMC Entertainment delivered a commanding second-quarter 2026 performance, swinging to adjusted diluted EPS of $0.14 against a consensus estimate of negative $0.02, a beat of 938.32%, while revenue of $1.60 billion topped expectations by 6.58% and gre… Read more AMC Entertainment delivered a commanding second-quarter 2026 performance, swinging to adjusted diluted EPS of $0.14 against a consensus estimate of negative $0.02, a beat of 938.32%, while revenue of $1.60 billion topped expectations by 6.58% and grew 14.2% year over year. The primary engine behind the results was a domestic industry box office that reached approximately $2.99 billion in the quarter, the strongest in seven years, driving consolidated attendance up 13.5% to 71.3 million patrons and pushing Adjusted EBITDA margins from 13.6% to 20.1%. International markets were a particular bright spot, with that segment's Adjusted EBITDA climbing 336.7% to $35.80 million as attendance surged 17.9%. Free cash flow more than doubled to $190.10 million, and the company further strengthened its balance sheet through debt refinancing and equity raises that cut annual cash interest expense by $16.00 million. With analysts already raising box office outlooks ahead of the print, AMC pointed to upcoming tentpoles including AVENGERS: DOOMSDAY and SPIDER-MAN: BRAND NEW DAY as catalysts supporting its view that 2026 will be the strongest post-pandemic year for theatrical exhibition globally.
Key Takeaways
- • Strong domestic box office quarter reaching approximately $2.99 billion, up 10.7% YoY — biggest quarter in seven years
- • AMC domestic revenues grew faster than the industry at 13.0% YoY
- • International attendance up 17.9% with Adjusted EBITDA up 336.7%
- • Adjusted EBITDA margin expansion from 13.6% to 20.1%
- • Consolidated attendance grew 13.5% to 71.3 million patrons
- • Six films delivered domestic opening weekend grosses exceeding $75 million in Q2
- • Average ticket price of $12.11 consolidated vs $12.14 prior year
- • Food and beverage revenue per patron rose to $8.08 from $7.95
AMC Forward Guidance & Outlook
AMC expects 2026 to be the strongest post-pandemic year for theatrical exhibition at both the domestic and global box office. The company cited the powerful opening of THE ODYSSEY ($124 million domestic opening weekend) and highly anticipated upcoming releases including SPIDER-MAN: BRAND NEW DAY, DUNE: PART THREE, and AVENGERS: DOOMSDAY. Leverage-triggered interest rate reductions on approximately 75% of AMC's debt are expected to lower annual interest expense by approximately $51 million. The company plans to continue its AMC Go Plan, investing in upgraded seating and premium auditoriums while maintaining cost discipline. No material debt maturities are anticipated before calendar year 2029.
AMC YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
AMC Revenue by Segment
With YoY comparisons, source: SEC Filings
AMC Revenue by Geography
With YoY comparisons, source: SEC Filings
“The second quarter of 2026 was nothing short of extraordinary for AMC. In our 106-year history, never before has AMC had such superb results. In the second quarter of 2026, AMC reported higher quarterly revenue and higher quarterly Adjusted EBITDA than in any quarter in more than a century. Total revenues increased approximately 14.2%, year over year, to approximately $1.6 billion, while Adjusted EBITDA soared 70% to $321.4 million, a $131.9 million increase over last year's same quarter.”
— Adam Aron, Q2 2026 Earnings Press Release
AMC Earnings Trends
AMC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
AMC EPS Trend
Earnings per share: estimate vs actual
AMC Revenue Trend
Quarterly revenue: estimate vs actual
AMC Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $-0.02 | $0.14 | +938.32% | $1.60B | +6.58% |
| Q1 26 MISS | $-0.34 | $-0.36 | -6.92% | $1.05B | +7.90% |
| Q4 25 BEAT FY | $-0.25 | $-0.25 | +0.00% | $1.29B | +1.50% |
| FY Full Year | $-1.02 | $-1.34 | -31.37% | $4.85B | +0.39% |
| Q3 25 BEAT | $-0.22 | $-0.21 | +2.33% | $1.30B | +5.58% |
| Q2 25 BEAT | $-0.08 | $-0.01 | +86.96% | $1.40B | +4.18% |
| Q1 25 BEAT | $-0.61 | $-0.47 | +22.53% | $862.5M | +3.04% |