Q3 25 EPS
$-0.21
BEAT +2.33%
Est. $-0.22
Q3 25 Revenue
$1.30B
BEAT +5.58%
Est. $1.23B
vs S&P Since Q3 25
-26.6%
TRAILING MARKET
AMC -17.2% vs S&P +9.4%
Market Reaction
Did AMC Beat Earnings? Q3 2025 Results
AMC Entertainment delivered a modest but meaningful beat in Q3 2025, posting adjusted diluted loss per share of $0.21 against a consensus estimate of $0.21, while revenue of $1.30 billion cleared analyst expectations of $1.23 billion by 5.58%, even a… Read more AMC Entertainment delivered a modest but meaningful beat in Q3 2025, posting adjusted diluted loss per share of $0.21 against a consensus estimate of $0.21, while revenue of $1.30 billion cleared analyst expectations of $1.23 billion by 5.58%, even as total revenues slipped 3.6% year-over-year amid a domestic box office that contracted 11.1% across the industry. The clearest bright spot was per-patron economics: admissions revenue hit an all-time company record of $12.25 per patron, up from $11.43 a year ago, helping cushion the blow from a 10.3% decline in total attendance to 58.4 million patrons. A defining moment in the quarter was AMC's sweeping July refinancing, which raised roughly $244 million in new financing and eliminated all 2026 debt maturities, though it produced $196 million in non-cash losses that swelled the GAAP net loss to $298.20 million. A partnership with Taylor Swift for a one-weekend theatrical event generating approximately $50 million in global box office receipts underscored management's content diversification push. Looking ahead, CEO Adam Aron projected Q4 2025 will be the highest-grossing fourth quarter in six years, with 2026 expected to bring a dramatically larger box office slate.
Key Takeaways
- • All-time record admissions revenue per patron of $12.25
- • Second-highest food and beverage revenue per patron in company history at $7.74
- • Significant U.S. market share gains despite 11.1% decline in domestic industry box office
- • Contribution margin per patron expanded to $14.72 from $13.49 year-over-year
- • Taylor Swift theatrical event generated approximately $50 million in global box office receipts
AMC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
AMC Revenue by Segment
With YoY comparisons, source: SEC Filings
AMC Revenue by Geography
With YoY comparisons, source: SEC Filings
“Calendar year 2025 is turning out exactly as we have long predicted. Due primarily to the timing of major studio film release dates, a weak first quarter was followed by a blazing hot second quarter, which then was followed by a softening third quarter. We continue to expect that the year will culminate in what we hope will be quite a strong year-end in quarter four.”
— Adam Aron, Q3 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% |