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NYSE · Technology

IMAX CORP (IMAX)

As-reported financials and SEC filings for IMAX CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About IMAX CORP

IMAX Corporation is a Canadian company that develops and sells premium large-format theater systems and digital remastering technology for films and other content. It provides proprietary software, auditorium design, and specialized equipment to exhibitors such as commercial multiplex theaters, museums, and entertainment sites worldwide. IMAX serves filmmakers, movie studios, artists, and creators by enabling immersive visual and sound experiences through its global network of over 1,800 theaters in 91 countries.

Snapshot

Revenue
$410.2M
Revenue growth (YoY)
16.5%
Net income
$34.9M
Diluted EPS
$0.63
Gross margin
60.0%
Operating margin
20.5%
Net margin
8.5%
FCF margin
29.0%
ROE
8.2%
net income / fiscal-year-end equity
P/E
69.2×
trailing when available, otherwise FY EPS
Market cap
$2.81B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Imax

  • Revenue grew 16.5% to $410M in FY2025, after a 6.0% decline the year before.
  • Operating margin is 20.5% in FY2025, +16.2 pp against 4.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $103M, up 12.2% from Q2 FY2025.
  • Free cash flow was $119M in FY2025, 29.0% of revenue.
  • Net income rose 33.8% to $35M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Imax’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin60.0%
62nd percentile of 509
Operating margin20.5%
85th percentile of 563
Net margin8.5%
67th percentile of 577
FCF margin29.0%
88th percentile of 544
Revenue growth (YoY)+16.5%
66th percentile of 616
ROE8.2%
59th percentile of 540
P/E69.2×
84th percentile of 330
Short interest5.16d
73rd percentile of 622

Imax’s FCF margin of 29.0% ranks in the 88th percentile of the 544 Technology companies reporting it. Imax’s operating margin of 20.5% ranks in the 85th percentile of the 563 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 8 insider sales totaling $28.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$36.7M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$19.7M495.0KAdded
Two Sigma InvestmentsquantQ2 2026$11.2M281.4KReduced
Renaissance TechnologiesquantQ2 2026$3.9M99.0KAdded
AQR Capital ManagementquantQ2 2026$1.8M46.3KReduced

No longer held by: Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
8
$28.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-25
filed 2026-08-26
WELTON MARKPresident IMAX Global TheatresSell30.0K$54.47$1.6M
2026-08-25
filed 2026-08-26
Weissman Kenneth IanDeputy GC, Corp. Sec. & CCOSell8.0K$54.54$436K
2026-08-24
filed 2026-08-26
Fernandes NatashaChief Financial Officer & EVPSell20.0K$54.63$1.1M
2026-08-20
GELFOND RICHARD LChief Executive OfficerSell100.0K$53.23$5.3M
2026-08-20
filed 2026-08-21
PABLO CALAMERACTO & EVPSell15.0K$52.41$786K
2026-08-19
filed 2026-08-20
GELFOND RICHARD LChief Executive OfficerSell205.5K$53.27$10.9M
2026-08-18
filed 2026-08-20
GELFOND RICHARD LChief Executive OfficerSell151.3K$51.00$7.7M
2026-08-06
filed 2026-08-07
Zlatar Jose AleksandrSVP, Controller & PAOSell500$49.90$25K
2026-04-27
filed 2026-04-28
GELFOND RICHARD LChief Executive OfficerSell8.9K$37.33$334K
2026-04-17
filed 2026-04-20
GELFOND RICHARD LChief Executive OfficerSell34.2K$37.06$1.3M
2026-04-16
filed 2026-04-20
GELFOND RICHARD LChief Executive OfficerSell41.7K$37.05$1.5M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.3M
settled 2026-08-14
Change vs prior
-6.7%
vs previous settlement
Days to cover
5.16
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.3M-6.7%5.16
2026-07-317.8M+19.0%3.83
2026-07-156.5M+12.7%7.17
2026-06-305.8M-6.3%4.96
2026-06-156.2M-4.0%7.34
2026-05-296.4M+3.0%4.32
2026-05-156.3M+0.9%4.66
2026-04-306.2M+10.8%5.37

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$410.2M$352.2M$374.8M$300.8M$254.9M
Gross profit$246.2M$190.2M$214.3M$156.4M$134.4M
Operating income$84.2M$43.9M$50.4M$-4.8M$11.0M
Net income$34.9M$26.1M$25.3M$-22.8M$-22.3M
Diluted EPS$0.63$0.48$0.46$-0.40$-0.38

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$151.2M$100.6M$76.2M$97.4M$189.7M
Current assets
Total assets$894.0M$830.4M$814.7M$821.2M$883.2M
Current liabilities
Long-term debt$2.5M
Total liabilities$466.3M$452.2M$469.1M$491.4M$452.9M
Total equity$427.1M$377.5M$344.9M$329.0M$429.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$127.1M$70.8M$58.6M$17.3M$6.1M
Capital expenditure$8.2M$8.4M$6.5M$8.4M$3.6M
Free cash flow$118.9M$62.4M$52.1M$8.9M$2.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$102.8M12.2%$15.4M$0.27
Q1 FY2026$81.4M-6.1%$4.2M$0.07
Q4 FY2025$125.2M35.1%$637,000$0.01
Q3 FY2025$106.7M16.6%$20.7M$0.37
Q2 FY2025$91.7M3.1%$11.3M$0.20
Q1 FY2025$86.7M9.5%$2.3M$0.04
Q4 FY2024$92.7M7.7%$5.3M$0.10
Q3 FY2024$91.5M-12.0%$13.9M$0.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryPhotographic Equipment & Supplies
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK921582

Selected SEC filings

10-Q2026-07-23
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-08-21
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-06-11
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.