Imax Forecasts Record $1.2B in Global Box Office in 2025

Imax continues to leverage Hollywood’s ongoing box office recovery as the film technologies company unveiled its third-quarter financial results on Wednesday.

With cinema-going rebounding post-Hollywood strikes, Imax posted revenue of $91.5 million for the latest financial quarter, down 12 percent from revenue of $103.9 million during the year-ago period when Christopher Nolan’s Oppenheimer played on its screens.

Content Solutions revenues — or business from agreements with the major studios and filmmakers — at $30 million was down 32 percent year-over-year. With Deadpool & Wolverine and Alien: Romulus on its screens during the latest quarter, Imax saw its global box office haul come to $239 million.

That’s down from a year-earlier $347 million global box office tally when Oppenheimer and Mission: Impossible — Dead Reckoning Part One filled Imax screens in the year-ago period.

Imax in Q3 signed agreements for new theater systems in key markets like Australia, France, Japan and Saudi Arabia. With cinema-going recovering post-Hollywood strikes, the company’s upcoming movie slate and theater system sales and installations this year to date outpacing signing for full-year 2023, Imax predicted it will deliver a record of over $1.2 billion in global box office in 2025.

“Imax continues to set the table for a new, sustained era of growth with a 2025 and 2026 slate that is as promising as we’ve ever seen,” Rich Gelfond, CEO of Imax said in a statement. “With an exceptional content pipeline, accelerating system installations, and robust sales activity worldwide, we are very well-positioned to execute and capitalize on the opportunity ahead over the next several years.”