AMC posts record $1.71B quarter, swings to profit

What happened

AMC Theatres said revenue for the three months ended Sept. 30 reached $1.71 billion, up 31.6% from $1.30 billion a year earlier — the company's highest quarterly sales on record, Variety reported. Net income was $109.3 million, or 12 cents a share, compared with a $298.2 million loss, or 58 cents a share, in the year-earlier quarter.

By the numbers: Ticket revenue rose to $954.5 million (+33% from $715.1 million). Food and beverage revenue hit $589.5 million (+30% from $451.8 million). The prior all-time revenue high was $1.60 billion in Q2 2026, Variety said. CEO Adam Aron credited premium large formats, the A-List subscription service, and a resurgent box office led by "Spider-Man: Brand New Day" (about $2.5 billion worldwide) and Christopher Nolan's "The Odyssey" (about $1.8 billion), per Variety.

"Today, we can finally say that AMC has recovered," Aron said in the statement Variety quoted. Domestic theatrical revenue has already topped $8 billion this year, a mark the industry did not hit until December last year, Variety reported.

Why it matters

The world's largest cinema chain is declaring a post-COVID recovery after years of losses. Strong tentpoles and higher concession spending show audiences will still pay for big-screen releases when studios deliver them.

What’s next

Aron pointed to remaining titles such as "Avengers: Doomsday," "Dune: Part III," and "The Hunger Games: Sunrise on the Reaping" as reasons for optimism into year-end.