AMC posts record Q2 revenue and EBITDA, shares rise 16%
AMC Entertainment Holdings Inc. reported record-breaking financial results for the second quarter of 2026, which executives described as the strongest in the company's 106-year history. The announcement on Monday, July 20, 2026, sent the company's shares up approximately 16% in premarket trading.
The theater chain posted revenue of approximately $1.6 billion, a 14.2% increase compared to the same period last year and exceeding analyst expectations. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) surged 70% to $321.4 million, marking the first time the metric has surpassed $300 million in a quarter. The company also reported free cash flow of $190.1 million and a dramatic improvement in operating cash flow.
Chairman and CEO Adam Aron said more than 71 million guests visited AMC and Odeon theaters worldwide during the April-to-June period, an increase of 13.5% year-over-year. He attributed the performance to a robust slate of theatrical releases, noting the domestic industry box office reached $2.99 billion in the quarter, the highest second quarter in seven years. Six films from various studios each opened to more than $75 million domestically...