Q2 25 EPS
$-0.01
BEAT +86.96%
Est. $-0.08
Q2 25 Revenue
$1.40B
BEAT +4.18%
Est. $1.34B
vs S&P Since Q2 25
-48.7%
TRAILING MARKET
AMC -33.3% vs S&P +15.4%
Market Reaction
Did AMC Beat Earnings? Q2 2025 Results
AMC Entertainment delivered a standout second quarter, posting a near-breakeven loss of just $0.01 per share against a consensus estimate of $0.08, a beat of 86.96%, as a resurgent box office and record per-patron spending drove revenue 35.6% higher … Read more AMC Entertainment delivered a standout second quarter, posting a near-breakeven loss of just $0.01 per share against a consensus estimate of $0.08, a beat of 86.96%, as a resurgent box office and record per-patron spending drove revenue 35.6% higher year-over-year to $1.40 billion, well ahead of the $1.34 billion analysts had expected. The single most compelling driver was a 25.6% surge in consolidated attendance to 62.8 million patrons, which combined with all-time highs in admissions revenue per patron at $12.14 and food and beverage revenue per guest at $7.95, producing an Adjusted EBITDA that soared 391.4% to $189.20 million and illustrating the powerful operating leverage in AMC's model. Shares jumped double digits in pre-market trading, part of a broader market session where positive earnings lifted equities broadly. Looking ahead, CEO Adam Aron pointed to strong expectations for Q4 2025 and into 2026, describing premium experience investments and a recently completed debt refinancing that pushed all 2026 maturities to 2029 as a "flywheel" building momentum for long-term shareholder value.
Key Takeaways
- • Recovering industry-wide box office drove 25.6% attendance growth to 62.8 million patrons
- • Record consolidated admissions revenue per patron of $12.14
- • Record food and beverage revenue per guest of $7.95
- • Record total consolidated revenue per patron of $22.26
- • Premium auditoriums operating at close to three times the occupancy of regular auditoriums
- • Significant operating leverage with 35.6% revenue growth driving 391.4% Adjusted EBITDA growth
- • U.S. markets Adjusted EBITDA surged to $181.0 million from $55.4 million
- • International markets swung to positive $8.2 million Adjusted EBITDA from negative $16.9 million
AMC YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
AMC Revenue by Segment
With YoY comparisons, source: SEC Filings
AMC Revenue by Geography
With YoY comparisons, source: SEC Filings
“In this second quarter of 2025, AMC showcased the impressive operating leverage inherent in our business. AMC's revenue growth of 35.6% above last year's second quarter drove an Adjusted EBITDA increase of 391.4%, to a highly gratifying $189.2 million. That was $150.7 million more Adjusted EBITDA than was posted in last year's second quarter. It is a simple reality, and hopefully a harbinger of things to come that as AMC's revenues grow, our EBITDA can soar.”
— Adam Aron, Q2 2025 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
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| 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% |