Companies /Communication Services

AMC Entertainment Holdings Inc - Class A

NYSE: AMC Entertainment
$2.70
â–² $0.09 (+3.45%) today
Markets open · 4:09pm ET

Q2 2025 Earnings

Reported Aug 11, 2025, 6:54am ET · SEC source
$-0.01
Beat +86.96%
EPS · est. $-0.08
$1.4B
Beat +4.18%
Revenue · est. $1.3B
−11.0%
Trailing market
AMC vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
−4%0+4%Aug 11Aug 12report 6:54am ETearnings+0.6%−1.7%
−4%0+4%Aug 11Aug 12earnings+0.6%−1.7%
AMC −1.7%S&P 500 +0.6%
−4%0+4%Aug 11Aug 12report 6:54am ETearnings+0.8%−1.7%
−4%0+4%Aug 11Aug 12earnings+0.8%−1.7%
AMC −1.7%NASDAQ +0.8%
−10%−5%0Aug 11Aug 19report 6:54am ETearnings+0.8%−12.5%
−10%−5%0Aug 11Aug 19earnings+0.8%−12.5%
AMC −12.5%S&P 500 +0.8%
−10%−5%0Aug 11Aug 19report 6:54am ETearnings+0.3%−12.5%
−10%−5%0Aug 11Aug 19earnings+0.3%−12.5%
AMC −12.5%NASDAQ +0.3%
+3.41%
Day of report
+1.32%
Next session
−3.30%
One week
−7.59%
30 days

S&P 500 over the same 30 days: +3.41%.

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 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 <a href="https://247wallst.com/investing/2025/07/18/stock-market-live-july-18-sp-500-voo-hitting-higher-highs-on-positive-earnings-reports/">positive earnings lifted equities</a> 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

“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.”

AMC Entertainment CEO, on the earnings call

Forward Guidance & Outlook

Management expressed optimism about continued industry growth momentum, particularly noting strong expectations for Q4 2025 and continuing deep into 2026. CEO Aron described the combination of a resurgent box office, AMC's premium experience investments, compelling marketing programs, and increasing financial strength as creating a 'flywheel impact.' The company believes it is well positioned to deliver long-term shareholder value. The successful July 2025 refinancing that addressed all 2026 debt maturities provides a strengthened balance sheet foundation to capitalize on expected industry recovery.

AMC YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$400.0M$800.0M$1.2B$1.0B$1.4BRevenue$688.4M$159.1MGross Profit$23.4M$92.6MOperating Income$-2,531,373$-4,700,000Net Income
$0$400.0M$800.0M$1.2BRevenueGross ProfitOperating IncomeNet Income

AMC Revenue by Segment

U.S. Markets$1.1B+36.6%
Admissions$762.6M+35.1%
Food and Beverage$499.6M+36.1%
International Markets$283.7M+32.1%
Other Theatre$135.7M+36.9%

AMC Revenue by Geography

United States$1.1B+36.6%
Europe
Rest of World$283.7M+32.1%

Figures from SEC filings and company reports. Not investment advice.