Q4 25 EPS
$-0.25
BEAT +0.00%
Est. $-0.25
Q4 25 Revenue
$1.29B
BEAT +1.50%
Est. $1.27B
vs S&P Since Q4 25
+68.1%
BEATING MARKET
AMC +74.8% vs S&P +6.7%
Full Year 2025 Results
FY 25 EPS
$-1.34
MISS 31.37%
Est. $-1.02
FY 25 Revenue
$4.85B
BEAT +0.39%
Est. $4.83B
Market Reaction
Did AMC Beat Earnings? Q4 2025 Results
AMC Entertainment delivered a deeply mixed fourth quarter, posting a loss that caught Wall Street well off guard even as revenues managed a narrow beat. The company reported Q4 2025 EPS of -$0.25, missing the consensus estimate of -$0.04 by a strikin… Read more AMC Entertainment delivered a deeply mixed fourth quarter, posting a loss that caught Wall Street well off guard even as revenues managed a narrow beat. The company reported Q4 2025 EPS of -$0.25, missing the consensus estimate of -$0.04 by a striking 551.04%, while revenue of $1.29 billion edged 1.50% above expectations despite falling 1.4% year over year. The core culprit behind the earnings shortfall was $142.20 million in Q4 interest expense tied to AMC's substantial debt load, which overwhelmed an operating income line that came in at a near-breakeven $100,000. Attendance slipped 9.8% to 56.3 million patrons, though AMC set all-time per-patron records in admissions and food and beverage revenue, with the average ticket price rising to $12.46 from $11.56. Reports of an aggressive cost-cutting push, including closing underperforming theaters, add further context to the restructuring narrative. Looking ahead, management pointed to January 2026 North American box office trends running approximately 16% ahead of the prior year and a blockbuster slate, including Spider-Man: Brand New Day and Avengers: Doomsday, as reasons for cautious optimism.
Key Takeaways
- • All-time per-patron records in admissions revenue, food and beverage revenue, and total revenue for both Q4 and full year
- • Record-setting contribution margin per patron of $15.58 in Q4 (up from $14.05) and $14.80 for full year (up from $13.80)
- • Average ticket price increased to $12.46 from $11.56 year-over-year in Q4
- • Food and beverage revenue per patron rose to $7.75 from $7.15 in Q4
- • Portfolio optimization and operating improvements
- • Premium large-format offerings and enhanced food and beverage choices
AMC YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
AMC Revenue by Segment
With YoY comparisons, source: SEC Filings
AMC Revenue by Geography
With YoY comparisons, source: SEC Filings
“2025 marked another important step forward for AMC. The North American box office improved modestly year‑over‑year, rising approximately 1.5%, while AMC once again outperformed, growing total revenue by 4.6% and Adjusted EBITDA by nearly 13% compared to 2024. This outperformance reflects our relentless focus on operating improvements and portfolio optimization and further demonstrates our leadership in the guest experience through world‑class marketing and loyalty programs, innovative food and beverage variety, and best‑in‑class premium large‑format offerings.”
— Adam Aron, Q4 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% |