IMAX Corporation operates a technology platform for entertainment and events across the United States, Canada, Greater China, the rest of Asia, Western Europe, Latin America, and other international markets. It reports through two segments: Content Solutions and Technology Products and Services. The company provides proprietary IMAX film remastering, IMAX Enhanced home entertainment technology, AI-driven video quality solutions, streaming software, maintenance and quality monitoring for the IMAX network, post-production services, and IMAX film and digital cameras. It also distributes documentary films to institutional theaters, produces live performances and interactive events, sells or leases IMAX theater systems, and rents its proprietary 2D and 3D large-format film cameras. Founded in 1967, IMAX Corporation is headquartered in Mississauga, Canada.
Avengers: Endgame Re-Release Tops Weekend Box Office With $26 Million
Disney and Marvel Studios' Avengers: Endgame: Encore led the North American box office over the weekend with an estimated $26 million from 3,060 locations, as the domestic market generated an estimated $124.05 million from Friday through Sunday, up 9.1% from the previous weekend and 60.7% from the comparable weekend a year earlier, according to figures from Rentrak's Paul Dergarabedian. The re-release, which includes an exclusive look at the upcoming Avengers: Doomsday, averaged $8,497 per location and added $60 million overseas for an $86 million worldwide weekend. Resident Evil held up well enough in its second weekend to take second place with $23.3 million, falling 61% from its opening weekend and reaching $103.5 million domestically and $196.5 million worldwide. Paramount's Heart of the Beast debuted in third place with $20 million from 3,435 theaters, adding $30.1 million internationally for a $50.1 million worldwide opening, while A24's Primetime followed with $19.2 million from 2,874 locations and Universal and DreamWorks Animation's Forgotten Island rounded out the top five with $12.8 million. Domestic ticket sales have reached $7.79 billion through Sept. 27, up 19.1% from $6.54 billion at the same point in 2025, and the Endgame encore generated $13.7 million globally on IMAX screens, pushing the film past Star Wars: The Force Awakens to become IMAX's fourth-highest-grossing movie ever with $225.7 million.
IMAX Corporation announced Tuesday that its worldwide theater network generated $728 million in box-office revenue between Memorial Day and Labor Day, marking its strongest summer on record. The figure was 73% above the company's previous summer record set in 2023, and from June through August, IMAX screens represented 5.8% of the global box office, the highest share it has recorded for the period, from a network of just over 1,800 screens. Christopher Nolan's The Odyssey was a major contributor, generating $485 million through IMAX screens, making it the highest-grossing release in the company's history, with IMAX accounting for 30% of the movie's worldwide box office. The film also helped IMAX record its biggest Labor Day weekend, and screenings have been extended through September 30 at 39 IMAX 70mm locations worldwide. IMAX is projecting $1.4 billion in worldwide box-office revenue for 2026, with upcoming releases including Dune: Part Three, Resident Evil, Digger, Street Fighter, and Godzilla Minus Zero.
US Stocks Extend Gains, Dow Hits Record High on Renewed Iran Peace Talks
US stocks extended their rally, with the Dow Jones Industrial Average closing up 693.38 points at 53,178.41 and the Nasdaq Composite up 540.05 points at 25,913.90. Investor sentiment improved after President Trump called off a planned large-scale attack on Iran over the weekend and announced a resumption of negotiations, sending stocks higher after the open. A rise in the ISM manufacturing index, lower oil prices, and falling interest rates also provided a tailwind, pushing the Dow to a new all-time high. By sector, media and entertainment as well as software and services gained, while energy declined. Among individual stocks, Bristol Myers Squibb rose on reports of merger talks with AstraZeneca, and Boeing advanced on certification of the 737 Max 10. AMC Entertainment and IMAX were bought up after setting new weekend box office records, but Marriott fell after its third-quarter outlook missed expectations. Palantir Technologies and ON Semiconductor were being bought in after-hours trading following their earnings releases.
IMAX Stock Soared on Monday After Record July Box Office
IMAX shares closed nearly 7% higher on Monday after the company reported its highest-grossing month ever, driven by Christopher Nolan's The Odyssey. IMAX's July box-office revenue reached $257 million, a 47% increase over the previous monthly record, with The Odyssey contributing $221 million in IMAX ticket sales. The film also became the fastest IMAX release to surpass $200 million in ticket sales, achieving the milestone in its third weekend. CEO Rich Gelfond said the film's trajectory continues to defy expectations. Additionally, IMAX announced that Spider-Man: Brand New Day will begin playing on its screens on Thursday, following strong openings in China, South Korea, and Japan.
IMAX shares continued to climb as the company reported staggering box-office results for Christopher Nolan's The Odyssey. CEO Richard Gelfond said fans are flying across countries to see the film in IMAX's 70-millimeter format, selling out screenings around the clock. The movie helped IMAX follow a record-breaking $52 million opening weekend with a $48 million second weekend. IMAX extended 70-millimeter screenings into mid-September due to overwhelming demand.
IMAX maintains $1.4 billion 2026 global box office target as The Odyssey drives system demand
IMAX Corporation reaffirmed its full-year 2026 global box office target of $1.4 billion, citing record-breaking results from Christopher Nolan's The Odyssey. The film delivered a $52 million global opening weekend for IMAX, the biggest in company history on a like-for-like basis, capturing a 20 percent share of the worldwide debut on less than 1 percent of total screens. Second-quarter revenue rose 12 percent year-over-year to $103 million, with adjusted earnings per share of $0.43, up 65 percent, and adjusted EBITDA of $48 million at a nearly 47 percent margin. The company signed agreements for 62 new and upgraded IMAX systems year-to-date and installed 38 systems in the second quarter, while also noting strong demand for Odyssey-themed merchandise. Management expressed confidence in the second-half slate, anchored by The Odyssey and Dune Part Three, and maintained its full-year adjusted EBITDA guidance range of $160 million to $175 million.
Disney creates Infinity Vision premium format after Avengers loses IMAX screens to Dune
Disney is launching a new premium large format certification called Infinity Vision after its upcoming Avengers: Doomsday was shut out of IMAX screens by Warner Bros.' Dune: Part Three, which opens on the same December 18 date. Infinity Vision is not a new hardware system but a stamp of approval for existing premium auditoriums that meet technical requirements including a screen at least 50 feet wide, laser projection, and 7.1-channel Dolby surround sound. Disney says more than 75 domestic and 300 global premium large-format auditoriums already qualify, and the program has received over 7,500 applications from screens worldwide. The move comes as IMAX, which commands roughly 400 North American screens, has committed its venues to Dune: Part Three for three weeks, locking out the Marvel blockbuster from a format that can capture up to a quarter of a major film's opening-weekend gross. Disney is betting that Infinity Vision can help recapture premium-ticket revenue for Doomsday, which follows the studio's recent leadership change under new CEO Josh D'Amaro and a round of roughly 1,000 job cuts earlier this year.
DIS · Technology · Positive Disney launches Infinity Vision premium format to capture premium-ticket revenue for Avengers: Doomsday after losing IMAX screens.
IMAX · Competition · Negative IMAX loses Disney's upcoming Avengers: Doomsday to its own Infinity Vision format, as IMAX screens are locked into Dune: Part Three.
WBD · Competition · Positive Warner Bros.' Dune: Part Three secures IMAX screens for three weeks, locking out Disney's Avengers: Doomsday.
1970.HK · Competition · Negative IMAX China may be affected by the competition from Infinity Vision, though not directly mentioned.
AMD, Iren, Archer Aviation lead midday movers on AI and contract news
Advanced Micro Devices shares rose nearly 4% after Microsoft said it would offer AMD's Helios-based system on the Azure cloud, a move Wolfe Research called a testament to Helios' competitiveness ahead of AMD's Advancing AI day. Iren jumped more than 17% as the data center operator raised its year-end AI Cloud annualized run-rate revenue target to more than $4 billion from $3.7 billion after securing $2.8 billion in new multiyear contracts, with about 85% of that revenue under contract. Archer Aviation gained 17% after unveiling an autonomous vertical take-off and landing aircraft jointly developed with Anduril for defense and commercial use, with a first flight planned for next year. Movie theater stocks rose on a strong opening weekend for 'The Odyssey,' which took in $264.1 million worldwide and $52 million on Imax screens, while AMC added 20% after reporting a 12% rise in U.S. attendance. Sweetgreen fell 8% and Cava Group shed 5% as the FDA continued investigating a cyclospora outbreak, and SpaceX shares slipped 1% to a fresh low despite scheduling its next Starship launch attempt for Thursday.
ACHR · Technology · Positive Unveiled autonomous VTOL aircraft with Anduril for defense and commercial use, first flight planned next year.
AMC · Demand · Positive Reported 12% rise in U.S. attendance and strong opening weekend for 'The Odyssey'.
AMD · Demand · Positive Microsoft will offer AMD's Helios-based system on Azure cloud, highlighting competitiveness.
CAVA · Regulation · Negative FDA investigating cyclospora outbreak affecting the company.
IREN · Demand · Positive Iren raised AI Cloud revenue target to over $4 billion after securing $2.8 billion in new multiyear contracts, indicating strong demand for its data center services.
SG · Regulation · Negative FDA investigation into cyclospora outbreak negatively impacts Sweetgreen's sales and reputation.
The Odyssey opens with $17.6M in previews, targets $200M global weekend
Christopher Nolan's The Odyssey earned $17.6 million in domestic previews, the highest of any film this year, and is projected to open to $90 million to $100 million domestically and $200 million globally this weekend. The 172-minute epic, made on a $250 million budget and filmed entirely with IMAX cameras in 70 mm, holds a 96% Rotten Tomatoes score and is expected to surpass Nolan's previous box-office record set by Oppenheimer. The strong early performance is seen as a positive catalyst for Universal Pictures and IMAX.
IMAX poised for stronger second half despite expected modest Q2
IMAX Corp is positioned for a stronger second half of 2026 despite expectations for modest second quarter growth, according to Wedbush, which reiterated its Outperform rating and $46 price target ahead of the company's earnings report. Wedbush expects second-quarter revenue of $94 million, slightly below the Wall Street consensus of $97 million, and adjusted EBITDA of $39 million, in line with consensus. Global box office on IMAX screens reached an estimated $284 million during the quarter, up 1% year over year but below Wedbush's initial forecast of $309 million, with domestic box office declining 6% to $134 million, China falling 26% to $31 million, and international markets excluding China rising 23% to $119 million. The analysts characterized the softer quarter as temporary, maintaining confidence that IMAX remains on track to achieve its 2026 targets, including approximately $1.4 billion in global box office, system installations of 160 to 175, and an adjusted EBITDA margin exceeding 45%. IMAX is scheduled to report its Q2 results after the market closes on July 23.
Manpower, Abbott, UnitedHealth lead midday stock movers on earnings beats
Several stocks made big moves in midday trading following earnings reports and analyst actions. ManpowerGroup surged 33% after calling for third-quarter revenue to rise 2% to 6%, above the FactSet consensus of 1.7%, and posting adjusted earnings of 99 cents per share on revenue of $4.9 billion, topping estimates. Abbott Laboratories jumped almost 11% as it raised its full-year adjusted earnings guidance to a range of $5.45 to $5.60 per share, above the FactSet consensus of $5.47. UnitedHealth rose 4% after reporting adjusted earnings of $6.38 per share on revenue of $112.03 billion, beating LSEG estimates, and hiked its full-year outlook. Taiwan Semiconductor Manufacturing shed 2% despite beating second-quarter earnings estimates, as it raised full-year capital expenditures to between $60 billion and $64 billion and announced an additional $100 billion investment in Arizona. AtaiBeckley jumped 33% after Eli Lilly agreed to buy the psychedelic drugmaker for $2.8 billion, or $6.75 per share in cash, with potential milestone payments of up to $2.50 per share. GE Aerospace dropped 4% even after beating second-quarter earnings and revenue estimates and raising full-year guidance. United Airlines fell more than 1% as softer-than-expected third-quarter guidance of $2.50 to $3.50 per share, below the FactSet estimate of $3.53, overshadowed an earnings beat. J.B. Hunt Transport Services jumped almost 7% after reporting earnings of $1.91 per share on revenue of $3.5 billion, exceeding FactSet estimates. Cintas gained 6.5% following a Bank of America upgrade to buy, while Cinemark and Imax fell about 4% and 2% respectively after Wells Fargo downgraded both to equal weight. AST SpaceMobile tumbled more than 16% on plans to offer $1 billion of convertible senior notes due 2034.
2330.TW · Capital · Negative Raised full-year capex to $60-$64 billion and announced additional $100 billion investment in Arizona, despite beating Q2 estimates.
StockStory names IMAX and Accenture as services stocks to consider, Vestis to sell
StockStory has identified IMAX and Accenture as two business services stocks worth considering, while recommending investors sell Vestis. IMAX is backed for its 23.5% annual revenue growth over five years, a 23.5 percentage point jump in free cash flow margin, and rising returns on capital. Accenture is highlighted for 8.8% annual revenue growth, a massive $73.1 billion revenue base, and an industry-leading 35% return on capital. Vestis is flagged for a 2.8% annual sales decline over two years, flat estimated sales, and a 19.7% annual contraction in earnings per share over four years.
ACN · Capital · Positive StockStory highlights Accenture's strong revenue growth and high return on capital, recommending it as a buy.
IMAX · Capital · Positive StockStory highlights IMAX's revenue growth, free cash flow margin improvement, and rising returns on capital, recommending it as a buy.
VSTS · Capital · Negative StockStory flags Vestis for sales decline and earnings contraction, recommending investors sell.
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