AMC Entertainment (AMC) Q3 2026 Earnings
Adjusted figure excludes a $6.4 million marked-to-market loss on derivatives, a $0.6 million loss on extinguishment of debt, and a $0.6 million loss on investments in Hycroft; GAAP diluted EPS was $0.12.
How Did AMC Stock React to Q3 2026 Earnings?
Did AMC Beat Earnings? Q3 2026 Results
No. AMC Entertainment reported Q3 2026 earnings of $0.13 a share on Nov 4, 2026, missing the $0.14 consensus estimate by 3.7%. Revenue was $1.7B against a $1.6B estimate.
AMC Entertainment Holdings delivered a mixed but broadly encouraging third quarter for fiscal 2026, posting adjusted EPS of $0.13 against a consensus estimate of $0.14, a miss of 3.70%, while revenue of $1.71 billion cleared Wall Street's $1.62 billion forecast by 5.94% and climbed 31.6% year over year. The headline driver was a resurgent box office combined with attendance gains on both sides of the Atlantic, as total patrons rose 28.3% to roughly 74.9 million, with international attendance up 41.5% and domestic up 23.3%. Adjusted EBITDA reached $347.50 million, up from $122.50 million a year earlier, as the Adjusted EBITDA margin expanded to 20.3% from 9.4%. On the balance sheet, AMC completed a $3.97 billion refinancing in early October, extending maturities and reducing its average interest rate, a move that has since drawn upgraded credit ratings. Looking ahead, management noted October domestic box office was running about 35% above year-ago levels and expressed confidence that full-year 2026 free cash flow will finish in positive territory, supported by a November-December slate headlined by Avengers: Doomsday and Dune: Part Three.
- Resurgent box office, with total attendance up 28.3% to 74.9 million
- Market share gains in both domestic and international markets
- All-time record revenue per patron; U.S. average ticket price rose to $13.55 from $12.86
- U.S. food and beverage revenue per patron rose to $8.85 from $8.55
- Premium large format and extra large format auditoriums plus loyalty programs
- Disciplined cost management and operating leverage, with Adjusted EBITDA margin of 20.3% vs 9.4%
- International attendance up 41.5%; International Adjusted EBITDA of $72.5 million vs $11.3 million
“Notably, in the third quarter of 2026, AMC Entertainment set all-time records for achieving the highest quarterly revenue ($1,711.1 million) and highest quarterly Adjusted EBITDA ($347.5 million) for any quarter in our company's 106-year history. It is the second quarter in a row that AMC set all-time records for revenue and Adjusted EBITDA.”
AMC Entertainment CEO, on the earnings call
What Is AMC Entertainment's Outlook?
Management expects AMC to generate positive free cash flow for full-year 2026. October 2026 domestic box office was up approximately 35% year over year. The November–December slate includes Avengers: Doomsday, Dune: Part Three, The Hunger Games: Sunrise on the Reaping and Jumanji: Open World. Management expects this slate to lift domestic and global box office to their highest full-year levels in seven years. Following the October refinancing, AMC says it moves forward with significantly increased balance sheet strength and a lower cost of capital.
AMC YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.7B | $1.3B | +31.6% |
| Gross Profit | $336.8M | $315.1M | +6.9% |
| Operating Income | $248.7M | $35.9M | +592.8% |
| Net Income | $109.3M | $46.2M | +136.7% |
AMC Revenue by Segment
AMC Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.