AMC Entertainment reported record quarterly results for Q2 2026, with total revenues of $1,596.7 million and adjusted EBITDA of $321.4 million — the highest quarterly figures in the company's history. Net loss for the quarter was $11.4 million while adjusted net earnings were $104.3 million; adjusted diluted earnings per share was $0.14. Cash and cash equivalents were $778.4 million at June 30, 2026, and the company reported $190.1 million of free cash flow for the quarter.

Financial Highlights

  • Total revenues: $1,596.7 million for the three months ended June 30, 2026 (up 14.2% year-over-year).
  • Adjusted EBITDA: $321.4 million for Q2 2026, compared with $189.5 million in Q2 2025 (up 69.6%).
  • Net loss: $(11.4) million for Q2 2026; Adjusted net earnings: $104.3 million for the quarter.
  • Adjusted diluted earnings per share: $0.14 for the three months ended June 30, 2026.
  • Cash and cash equivalents: $778.4 million at June 30, 2026 (excluding $41.1 million restricted cash); Free cash flow for Q2 2026: $190.1 million.

Business Highlights

  • Record quarterly performance driven by higher attendance (71.29 million consolidated patrons in Q2) and growth in both U.S. and international markets.
  • U.S. markets revenue growth: U.S. revenues of $1,258.6 million in Q2 2026; international revenues totaled $338.1 million.
  • Operational mix improvements included increased premium offerings and upgrades (expanded premium auditoriums and upgraded seating initiatives referenced as part of the AMC Go Plan and capital program).
  • Capital markets activity in the quarter strengthened the balance sheet: refinancing of $400 million notes, conversion of exchangeable notes (~$155.8 million), an at-the-market equity program and a $200 million registered direct offering, and notice to redeem subordinated notes due 2027.
  • Average screens and theatre footprint remained substantial with approximately 845 theatres and 9,249 average screens during the quarter, supporting continued box office momentum.

Original SEC Filing:

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