AMC Entertainment reported third-quarter revenue of $1.71 billion, up 31% from $1.3 billion in the same period a year earlier, as the box office rebound brought more moviegoers to its theaters. The company also posted net income of $109.3 million, compared with a net loss of $298.2 million a year earlier. AMC attributed that previous loss mainly to non-cash charges related to a July 2025 refinancing.
Adjusted EBITDA reached $347.5 million, up from $122.5 million and a quarterly record, according to the company. The results followed a 14% revenue increase in the second quarter, when revenue totaled $1.59 billion.
Admissions revenue rose to $953.5 million from $715.1 million, while food and beverage sales increased to $589.5 million from $451.8 million. AMC recorded 52 million admissions in the United States and another 22.7 million in international markets.
The company said its results benefited from the recovering Hollywood box office and demand for premium-format auditoriums, including Imax, Dolby Cinema, iSense and XL screens. Christopher Nolan’s “The Odyssey” and “Spider-Man: Brand New Day” played at AMC theaters during the quarter.
AMC is also working to address its debt burden. Recent refinancing transactions pushed around $4 billion in debt maturities to 2031 and 2033, according to the report. The company has used theaters and related intellectual property as collateral in debt exchanges.
Looking ahead, AMC faces a holiday-season test with “The Hunger Games: Sunrise on the Reaping,” “Avengers: Doomsday” and “Dune: Part Three” scheduled to play at its theaters. CEO Adam Aron told analysts the company’s results reflected the combination of a strong film slate and its theater network.
Sources: The Hollywood Reporter.