Imax (IMAX)
Market Price (7/22/2026): $38.0 | Market Cap: $2.1 BilSector: Communication Services | Industry: Movies & Entertainment
Imax (IMAX)
Market Price (7/22/2026): $38.0Market Cap: $2.1 BilSector: Communication ServicesIndustry: Movies & Entertainment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% Low stock price volatilityVol 12M is 40% Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail, and Travel & Leisure Tech. | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 56x Weak revenue growthRev Chg QQuarterly Revenue Change % is -6.1% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.6% Key risksIMAX key risks include [1] a dependence on the blockbuster film slate to drive box office leverage and expansion plans, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail, and Travel & Leisure Tech. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 56x |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -6.1% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.6% |
| Key risksIMAX key risks include [1] a dependence on the blockbuster film slate to drive box office leverage and expansion plans, Show more. |
Qualitative Assessment
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Imax (IMAX) stock has remained largely at the same level since 3/31/2026 because of the following key factors:
1. Exceeded Fiscal Q1 2026 Earnings Expectations.
IMAX reported strong financial results for fiscal Q1 2026 on April 29, 2026, with an Earnings Per Share (EPS) of $0.17, significantly surpassing analyst estimates of $0.14 by 21.43%. Although total revenue of $81.4 million marked a 6.1% decrease year-over-year, it still exceeded consensus estimates of $79.82 million. The positive earnings surprise contributed to investor confidence and a 1.33% rise in shares following the announcement.
2. Anticipation of Robust Film Slate and Box Office Performance.
Investor sentiment was boosted by the strong outlook for IMAX's upcoming film slate. Notably, Christopher Nolan's "The Odyssey," filmed with IMAX cameras, is projected by analysts to achieve a global box office of $1 billion, with a potential contribution of approximately $200 million to IMAX. The company reaffirmed its full-year 2026 guidance, maintaining its projection of $1.4 billion in global box office, underscoring the strength of its content pipeline.
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Imax (IMAX) stock has remained largely at the same level since 3/31/2026 because of the following key factors:
1. Exceeded Fiscal Q1 2026 Earnings Expectations.
IMAX reported strong financial results for fiscal Q1 2026 on April 29, 2026, with an Earnings Per Share (EPS) of $0.17, significantly surpassing analyst estimates of $0.14 by 21.43%. Although total revenue of $81.4 million marked a 6.1% decrease year-over-year, it still exceeded consensus estimates of $79.82 million. The positive earnings surprise contributed to investor confidence and a 1.33% rise in shares following the announcement.
2. Anticipation of Robust Film Slate and Box Office Performance.
Investor sentiment was boosted by the strong outlook for IMAX's upcoming film slate. Notably, Christopher Nolan's "The Odyssey," filmed with IMAX cameras, is projected by analysts to achieve a global box office of $1 billion, with a potential contribution of approximately $200 million to IMAX. The company reaffirmed its full-year 2026 guidance, maintaining its projection of $1.4 billion in global box office, underscoring the strength of its content pipeline.
3. Strategic Business Expansion and Partnerships.
IMAX continued its global expansion and formed new strategic alliances, indicating future growth opportunities. The company announced a partnership with Goer Dynamics on July 15, 2026, to develop an IMAX-branded in-vehicle entertainment system, expected to commence production in fiscal Q2 2026. Furthermore, in fiscal Q1 2026, IMAX signed agreements for 42 new theater systems across 10 countries, including a notable partnership for three new IMAX with Laser locations in India on June 1, 2026.
4. Positive Analyst Sentiment and Price Targets.
Analyst coverage of IMAX largely maintained a positive outlook, with a consensus rating of "Moderate Buy" or "Strong Buy" from multiple firms. The average 12-month price target ranged from $47.44 to $47.90, suggesting a significant upside potential from the stock's price at the beginning of the period.
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Stock Movement Drivers
Fundamental Drivers
The -0.4% change in IMAX stock from 3/31/2026 to 7/21/2026 was primarily driven by a -5.1% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7212026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.01 | 37.85 | -0.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 410 | 405 | -1.3% |
| Net Income Margin (%) | 8.5% | 9.1% | 6.8% |
| P/E Multiple | 58.7 | 55.7 | -5.1% |
| Shares Outstanding (Mil) | 54 | 54 | -0.5% |
| Cumulative Contribution | -0.4% |
Market Drivers
3/31/2026 to 7/21/2026| Return | Correlation | |
|---|---|---|
| IMAX | -0.4% | |
| Market (SPY) | 15.1% | -7.0% |
| Sector (XLC) | -0.7% | 0.5% |
Fundamental Drivers
The 2.4% change in IMAX stock from 12/31/2025 to 7/21/2026 was primarily driven by a 10.8% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7212026 | Change |
|---|---|---|---|
| Stock Price ($) | 36.96 | 37.85 | 2.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 378 | 405 | 7.2% |
| Net Income Margin (%) | 10.5% | 9.1% | -13.3% |
| P/E Multiple | 50.3 | 55.7 | 10.8% |
| Shares Outstanding (Mil) | 54 | 54 | -0.6% |
| Cumulative Contribution | 2.4% |
Market Drivers
12/31/2025 to 7/21/2026| Return | Correlation | |
|---|---|---|
| IMAX | 2.4% | |
| Market (SPY) | 10.0% | 2.5% |
| Sector (XLC) | -6.2% | 7.2% |
Fundamental Drivers
The 35.4% change in IMAX stock from 6/30/2025 to 7/21/2026 was primarily driven by a 30.1% change in the company's Net Income Margin (%).| (LTM values as of) | 6302025 | 7212026 | Change |
|---|---|---|---|
| Stock Price ($) | 27.96 | 37.85 | 35.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 360 | 405 | 12.6% |
| Net Income Margin (%) | 7.0% | 9.1% | 30.1% |
| P/E Multiple | 59.2 | 55.7 | -5.9% |
| Shares Outstanding (Mil) | 53 | 54 | -1.8% |
| Cumulative Contribution | 35.4% |
Market Drivers
6/30/2025 to 7/21/2026| Return | Correlation | |
|---|---|---|
| IMAX | 35.4% | |
| Market (SPY) | 22.1% | 8.8% |
| Sector (XLC) | 2.4% | 14.1% |
Fundamental Drivers
The 122.8% change in IMAX stock from 6/30/2023 to 7/21/2026 was primarily driven by a 80.5% change in the company's P/S Multiple.| (LTM values as of) | 6302023 | 7212026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.99 | 37.85 | 122.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 328 | 405 | 23.6% |
| P/S Multiple | 2.8 | 5.1 | 80.5% |
| Shares Outstanding (Mil) | 54 | 54 | -0.1% |
| Cumulative Contribution | 122.8% |
Market Drivers
6/30/2023 to 7/21/2026| Return | Correlation | |
|---|---|---|
| IMAX | 122.8% | |
| Market (SPY) | 74.8% | 18.5% |
| Sector (XLC) | 74.4% | 21.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IMAX Return | -1% | -18% | 2% | 70% | 44% | 4% | 114% |
| Peers Return | 226% | -47% | 1% | 18% | -2% | 29% | 162% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 98% |
Monthly Win Rates [3] | |||||||
| IMAX Win Rate | 50% | 25% | 58% | 58% | 58% | 57% | |
| Peers Win Rate | 47% | 33% | 53% | 50% | 42% | 57% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| IMAX Max Drawdown | -44% | -42% | -29% | -15% | -22% | -23% | |
| Peers Max Drawdown | -41% | -58% | -48% | -35% | -44% | -26% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DLB, XPER, SPHR, CNK, AMC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/21/2026 (YTD)
How Low Can It Go
| Event | IMAX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.2% | -18.8% |
| % Gain to Breakeven | 27.0% | 23.1% |
| Time to Breakeven | 35 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -29.0% | -24.5% |
| % Gain to Breakeven | 40.9% | 32.4% |
| Time to Breakeven | 141 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -58.1% | -33.7% |
| % Gain to Breakeven | 138.8% | 50.9% |
| Time to Breakeven | 286 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.5% | -19.2% |
| % Gain to Breakeven | 39.8% | 23.8% |
| Time to Breakeven | 109 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -21.6% | -3.7% |
| % Gain to Breakeven | 27.5% | 3.9% |
| Time to Breakeven | 2997 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -26.5% | -12.2% |
| % Gain to Breakeven | 36.1% | 13.9% |
| Time to Breakeven | 3559 days | 62 days |
In The Past
Imax's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 27.0% gain to breakeven.
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| Event | IMAX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.2% | -18.8% |
| % Gain to Breakeven | 27.0% | 23.1% |
| Time to Breakeven | 35 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -29.0% | -24.5% |
| % Gain to Breakeven | 40.9% | 32.4% |
| Time to Breakeven | 141 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -58.1% | -33.7% |
| % Gain to Breakeven | 138.8% | 50.9% |
| Time to Breakeven | 286 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.5% | -19.2% |
| % Gain to Breakeven | 39.8% | 23.8% |
| Time to Breakeven | 109 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -21.6% | -3.7% |
| % Gain to Breakeven | 27.5% | 3.9% |
| Time to Breakeven | 2997 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -26.5% | -12.2% |
| % Gain to Breakeven | 36.1% | 13.9% |
| Time to Breakeven | 3559 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -52.5% | -17.9% |
| % Gain to Breakeven | 110.7% | 21.8% |
| Time to Breakeven | 595 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -42.0% | -15.4% |
| % Gain to Breakeven | 72.5% | 18.2% |
| Time to Breakeven | 114 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -62.2% | -53.4% |
| % Gain to Breakeven | 164.3% | 114.4% |
| Time to Breakeven | 161 days | 1085 days |
In The Past
Imax's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 27.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Imax (IMAX)
IMAX Corporation is an entertainment technology company that specializes in delivering immersive cinematic experiences globally. The company provides a comprehensive solution encompassing proprietary software, unique theater architecture, specialized projection equipment, and intellectual property. Its core focus is on enhancing the image resolution, visual clarity, and sound quality of motion picture films, transforming them for projection on its signature large-format screens.
The company's main products and services revolve around its IMAX theater systems, which it provides to exhibitors through sales, leases, or joint revenue-sharing arrangements. A key offering is IMAX Digital Re-Mastering (DMR), a proprietary technology that digitally optimizes films for the IMAX format. Beyond system provision, IMAX offers preventative and emergency maintenance services, distributes large-format documentary films, provides film post-production services, and operates its own IMAX theaters. It also supports filmmakers by renting 2D and 3D large-format cameras and offering production advice.
IMAX serves a diverse global customer base. Its primary customers are commercial multiplexes and destination cinemas looking to offer a premium movie-going experience. Additionally, IMAX markets its theater systems to institutional facilities such as science and natural history museums, zoos, aquaria, and other educational and cultural centers. The company's reach also extends to theme parks, tourist destination sites, and even private home theaters, with a network comprising over 1,683 IMAX theater systems operating in 87 countries and territories as of late 2021.
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Here are 1-3 brief analogies for IMAX:
Dolby Labs for the entire premium cinema experience.
The Apple of movie theaters.
Bose for the entire cinema experience.
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- IMAX Theater Systems: Provides proprietary hardware, software, and theater architecture for a premium cinematic experience to exhibitors.
- IMAX Digital Re-Mastering (DMR): A proprietary technology that enhances the image resolution, visual clarity, and sound quality of films for IMAX screens.
- Theater Network Maintenance: Offers preventative and emergency maintenance services for the global IMAX theater network.
- Large-Format Film Distribution: Distributes large-format documentary films to its network and other venues.
- Film Post-Production Services: Provides post-production and quality control services for large-format films.
- Camera Rental and Production Support: Rents 2D/3D large-format cameras and offers production advice and technical assistance to filmmakers.
- IMAX Theater Operations: Owns and operates select IMAX theaters, generating revenue from ticket sales and concessions.
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IMAX Corporation primarily sells its cinematic solutions, theater systems, and related services to other companies and organizations, making its major customers B2B entities.
The provided background description does not list specific names of customer companies. However, it identifies the following major categories of customers:
- Commercial Multiplexes/Exhibitors: These are operators of large commercial movie theater chains worldwide that integrate and operate IMAX systems. As of December 31, 2021, IMAX had 1,599 commercial multiplexes in its network.
- Institutional Facilities: This category includes science and natural history museums, zoos, aquaria, and other educational and cultural centers that acquire and operate IMAX theater systems. As of December 31, 2021, there were 72 institutional facilities in the IMAX network.
- Other Commercial Destinations: This encompasses entities such as theme parks, tourist destination sites, fairs, and expositions that license and operate IMAX systems. The company's network included 12 commercial destinations.
- Filmmakers and Studios: IMAX also provides services like film post-production, quality control, and rents 2D and 3D large-format film and digital cameras, along with production advice, to documentary and Hollywood filmmakers.
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Richard Gelfond, Chief Executive Officer
Richard Gelfond joined IMAX Corporation in 1994 as Vice Chairman when the investment company he co-founded acquired IMAX. He became co-CEO in 1996 and has served as the sole CEO since 2009. Prior to his tenure at IMAX, Mr. Gelfond founded Clean Street USA, a dry cleaning store chain, in 1986. He previously worked as a lawyer at Cleary Gottlieb and as an investment banker at Drexel Burnham Lambert. Mr. Gelfond and his business partner acquired IMAX through a leveraged buyout in 1994, taking it public a few months later, demonstrating a pattern of entrepreneurial activities including buying and selling companies.
Natasha Fernandes, Chief Financial Officer
Natasha Fernandes was appointed Chief Financial Officer of IMAX Corporation in May 2022, following a 15-year career within the company's finance department. Her previous roles at IMAX include Deputy Financial Officer, a position she assumed in 2021, and Corporate Treasurer, which she held since 2018. Ms. Fernandes led the company's successful $200 million convertible debt offering in 2021 and a new credit agreement in 2022. Before joining IMAX, she worked as an Audit Manager of Manufacturing & Service Industries at Deloitte. She is a member of the Chartered Professional Accountants of Canada.
Robert D. Lister, Chief Legal Officer and Senior Executive Vice President
Robert D. Lister joined IMAX Corporation in May 1999 as Senior Vice President, Legal Affairs and General Counsel. He has since held numerous positions within the company, including Chief Legal Officer and Chief Business Development Officer. Prior to his time at IMAX, Mr. Lister served as Vice President, General Counsel and Secretary of Clearview Cinemas, a film exhibitor, from March 1998. From 1996 to 1998, he was Associate General Counsel of Merit Behavioral Care Corporation, a behavioral healthcare company. Mr. Lister notably oversaw the successful initial public offering of IMAX's China subsidiary, IMAX China Holding, in 2015.
Mark Welton, Global President, IMAX Theatres
Mark Welton began his career at IMAX Corporation in 1997 as Director of Business Affairs and has advanced through several senior roles within the company, including Senior Vice President of Business Affairs, Senior Vice President, Theatre Operations, and Executive Vice President, Corporate and Digital Development & Theatre Operations. He is credited with leading the successful development of IMAX's revenue share business model and its digital transition. Before joining IMAX, Mr. Welton worked as an associate lawyer at the law firm Stikeman, Elliot and as a chartered accountant with Ernst & Young.
Pablo Calamera, Chief Technology Officer and Executive Vice President
Pablo Calamera joined IMAX Corporation in March 2020 as Chief Technology Officer and Executive Vice President. His prior experience includes serving as CTO of JW Player, a large network-independent video platform. He also held CTO positions at Vonage and ClearChannel, where he was responsible for iHeartRadio's technology initiatives. Mr. Calamera was previously CTO of Thumbplay, a cloud-based music streaming company that was acquired by Clear Channel in 2011. His extensive career includes senior roles at other major technology companies such as Apple, Microsoft, WebTV, Danger, and AT&T Labs.
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The key risks to IMAX's business include the evolving landscape of film consumption, intense competition in premium cinema, and its dependence on blockbuster film performance.
1. Shift in Consumer Entertainment Preferences and Declining Theatrical Attendance
IMAX's business model is inherently tied to consumers attending physical movie theaters to experience its premium cinematic offerings. The continued rise of streaming services and other home entertainment options presents a significant risk, as it has fundamentally altered how people consume films, leading to a notable shift in movie theater attendance. The COVID-19 pandemic accelerated this trend, with many consumers opting for at-home viewing for convenience and affordability. Although IMAX aims to differentiate the theatrical experience through its advanced technology, the long-term effects of streaming on box office revenue remain a challenge for the entire cinema industry.
2. Competition in the Premium Large Format (PLF) Market and Technological Obsolescence
While IMAX holds a differentiated position and brand recognition in premium large-format cinema, the market is competitive and constantly evolving. Rivals such as Dolby Cinema and other premium seating concepts offer competing experiences that can pressure IMAX's market share and revenue. Additionally, cinema chains themselves are promoting their own premium auditoriums. IMAX relies on proprietary technology and intellectual property, and there is a continuous need for innovation (e.g., laser projection, immersive audio, theater design) to maintain its competitive edge and avoid technological obsolescence.
3. Dependence on the Availability and Success of Blockbuster Content
IMAX's financial performance is significantly tied to the theatrical success of blockbuster films, particularly those that are converted to or filmed for the IMAX format. The company's revenue from its Content Solutions segment (Digital Media Remastering) is directly dependent on the quantity and commercial success of these films. A weak film slate, production delays, or fewer tentpole releases can materially reduce IMAX's box office share and overall revenue, as a disproportionate share of premium large-format attendance is driven by top blockbusters.
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Addressable Markets for IMAX's Main Products and Services:
IMAX Theater Systems, Digital Re-Mastering (DMR), and Digital Projection Systems
The primary addressable market for IMAX's theater systems, including its proprietary Digital Re-Mastering (DMR) technology and digital projection systems, is the global cinema exhibition market, particularly within the premium large format (PLF) segment.- The global movie theatre market size is projected to be USD 81.33 billion in 2025 and is expected to reach USD 106.71 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.54% from 2026 to 2031.
- The global cinema market is projected to increase from USD 74.62 billion in 2021 to USD 127.891 billion by 2033, at a CAGR of 4.592%.
- Within the movie theater market, premium large format (PLF) screens are projected to experience rapid expansion at a 4.61% CAGR through 2031.
- The global digital cinema market is predicted to reach USD 15.69 billion by 2035, growing at a CAGR of 6.66%.
- The global advanced cinema projector market was valued at USD 89.1 million in 2024 and is projected to reach USD 153.12 million by 2035, exhibiting a CAGR of 5.04%.
- In 2023, the number of premium format screens worldwide increased to 7,830, with premium large-format (PLF) screens alone rising to 5,560. Industry analysis suggests that potentially 60,000 out of 200,000 global screens could become premium offerings.
- The IMAX segment within the movie theater market is expected to grow at a CAGR of approximately 6.9% during the forecast period of 2025 to 2034.
Distribution of Large-Format Documentary Films and Film Post-Production Services
IMAX's services in distributing large-format documentary films and providing post-production and quality control are part of the broader global film and entertainment market.- The global film market size is anticipated to be worth USD 49.86 million in 2024 and is projected to reach USD 65.81 million by 2033, at a 3.53% CAGR.
- The global movies and entertainment market size was estimated at USD 112.93 billion in 2025 and is projected to reach USD 231.37 billion by 2033, growing at a CAGR of 9.7% from 2026 to 2033.
- The "movies (box office)" segment alone accounted for USD 65,940.8 million in revenue within the global movie and entertainment market in 2023.
Renting 2D and 3D Large-Format Film and Digital Cameras
While a specific market size for "large-format camera rental" is not readily available, this service falls under the global movie production market.- The global movie production market is projected to expand significantly, with an anticipated increase of USD 90.4 billion from 2025 to 2029, driven by a CAGR of 14.6%.
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Imax (symbol: IMAX) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Global Network Expansion: IMAX plans to significantly expand its global network of theaters, targeting over 2,000 systems by 2027-2028, supported by an installation backlog of more than 300 new systems as of 2024. The company aims for 80-100 net installations annually. A substantial part of this expansion is focused on high-growth international markets, particularly China, with a pipeline for 2024-2025 concentrating on Tier-2/3 cities and local-language blockbusters, and India, where partnerships aim to double the footprint to approximately 120 systems by 2027. This growth is also evident in strategic agreements for new and upgraded systems in the United States, such as with Apple Cinemas and AMC Theatres.
- Diversified Content Strategy: A strong and diversified content pipeline is crucial for revenue growth. IMAX is focused on securing a robust slate of Hollywood tentpoles, with 2025 fully booked and 2026 significantly reserved, including a projected 12 "Filmed For IMAX" releases. The company is also heavily investing in local-language films, which contributed a record $405 million to its box office in 2025. Furthermore, IMAX is expanding its offerings beyond traditional movies into alternative content and live events, such as concerts, esports, documentaries, and a new partnership with Apple TV to screen select Formula One races in 2026.
- Technological Upgrades and Innovation: The rapid rollout of advanced projection technologies, particularly IMAX with Laser, is a significant driver. The company aims for near-full conversion of legacy xenon systems to IMAX with Laser by 2026-2027, which enhances the viewing experience and contributes to increased premium ticket yields. These laser systems offer brighter images, deeper contrast, and a wider color range, justifying premium pricing. Beyond theatrical experiences, the expansion of the "IMAX Enhanced" program into home entertainment through partnerships with device manufacturers and streaming services like Disney+ also contributes to revenue diversification.
- Increasing Market Share and Premiumization: IMAX continues to leverage its brand as a premium large-format cinema experience, enabling it to command a higher ticket price, often at a 40% premium. The company consistently secures a significant portion of opening-weekend revenues for major film releases (15-25% for top-tier action and sci-fi films), despite operating on a small percentage of global screens. This premium positioning, coupled with the resurgence of experiential cinema, has driven IMAX's global box office to record levels, reaching $1.28 billion in 2025 (a 40% year-over-year increase) and projected to hit $1.4 billion in 2026.
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Share Repurchases
- IMAX repurchased $22.83 million in common shares during fiscal year 2024 and $33.29 million during fiscal year 2023.
- The company is authorized to repurchase up to $400 million of its common shares under a program expiring June 30, 2026, with approximately $151 million remaining available as of February 19, 2025.
- Since July 1, 2017, IMAX has repurchased approximately 10.0 million common shares for an aggregate of about $175.0 million.
Share Issuance
- IMAX's shares outstanding slightly increased from 53 million at the end of fiscal year 2024 to 54 million in the latest reported quarter, largely due to stock-based compensation.
- In 2021, the company issued $230.0 million of 0.500% Convertible Senior Notes due 2026.
Capital Expenditures
- Capital expenditures were $32.769 million in fiscal year 2024, $24.491 million in fiscal year 2023, and $28.227 million in fiscal year 2022.
- The primary focus of capital expenditures includes maintaining and upgrading the company's network, particularly through technology upgrade cycles to its premium laser systems.
- Capital expenditures also support the expansion of the global theater network, investment in joint revenue sharing arrangements, and the acquisition of equipment for lease agreements.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Imax Stock Built to Withstand a Pullback? | 10/17/2025 | |
| IMAX Dip Buy Analysis | 07/10/2025 | |
| Now Is Not The Time To Buy Imax Stock | 05/16/2025 | |
| Imax (IMAX) Valuation Ratios Comparison | 05/15/2025 | |
| Imax Total Shareholder Return (TSR): 70.4% in 2024 and 12.8% 3-yr compounded annual returns (above peer average) | 03/07/2025 | |
| Imax (IMAX) Operating Cash Flow Comparison | 02/17/2025 | |
| Imax (IMAX) Net Income Comparison | 02/15/2025 | |
| Imax (IMAX) Operating Income Comparison | 02/15/2025 | |
| Imax (IMAX) Revenue Comparison | 02/13/2025 | |
| ARTICLES | ||
| Can Imax Outrun Live Nation Entertainment in the Next Rally? | 11/20/2025 |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 34.66 |
| Mkt Cap | 2.8 |
| Rev LTM | 1,345 |
| Op Inc LTM | 113 |
| FCF LTM | 174 |
| FCF 3Y Avg | 6 |
| CFO LTM | 231 |
| CFO 3Y Avg | 122 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.7% |
| Rev Chg 3Y Avg | 7.5% |
| Rev Chg Q | 13.0% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Inc Chg LTM | 64.9% |
| Op Inc Chg 3Y Avg | 46.0% |
| Op Mgn LTM | 7.5% |
| Op Mgn 3Y Avg | 6.2% |
| QoQ Delta Op Mgn LTM | 1.6% |
| CFO/Rev LTM | 20.1% |
| CFO/Rev 3Y Avg | 13.8% |
| FCF/Rev LTM | 13.5% |
| FCF/Rev 3Y Avg | 1.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Technology Products and Services | 251 | 216 | 234 | 192 | |
| Content Solutions | 151 | 125 | 127 | 102 | |
| All Other | 8 | 11 | 14 | 7 | 6 |
| Film Distribution | 1 | ||||
| IMAX Maintenance | 53 | ||||
| IMAX format (IMAX DMR) | 71 | ||||
| IMAX systems | 66 | ||||
| Joint Revenue Sharing Arrangements (JRSA) | 52 | ||||
| Other Theater Business | 2 | ||||
| Post-production | 4 | ||||
| Total | 410 | 352 | 375 | 301 | 255 |
| $ Mil | 2004 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|
| IMAX Systems | 52 | 31 | 4 | 39 | |
| Theater operations | 1 | ||||
| All Other | -2 | -1 | -22 | -23 | |
| Films | -2 | 5 | -33 | -14 | |
| Digital Projection Systems | -3 | ||||
| Film | 0 | ||||
| Systems | 71 | ||||
| Total | 49 | 35 | -51 | -1 | 71 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Technology Products and Services | 555 | 544 | 529 | 524 | |
| Corporate and other non-segment specific assets | 204 | 159 | 144 | 174 | 282 |
| Content Solutions | 105 | 89 | 97 | 93 | |
| All Other | 30 | 38 | 44 | 30 | 1 |
| Film Distribution | 7 | ||||
| IMAX Maintenance | 39 | ||||
| IMAX format (IMAX DMR) | 48 | ||||
| IMAX systems | 250 | ||||
| Joint Revenue Sharing Arrangements (JRSA) | 225 | ||||
| Other Theater Business | 0 | ||||
| Post-production | 32 | ||||
| Total | 894 | 830 | 815 | 821 | 883 |
Price Behavior
| Market Price | $37.85 | |
| Market Cap ($ Bil) | 2.0 | |
| First Trading Date | 06/10/1994 | |
| Distance from 52W High | -15.8% | |
| 50 Days | 200 Days | |
| DMA Price | $38.88 | $36.84 |
| DMA Trend | up | up |
| Distance from DMA | -2.6% | 2.7% |
| 3M | 1YR | |
| Volatility | 47.3% | 39.8% |
| Downside Capture | 38.31 | 9.17 |
| Upside Capture | 52.91 | 39.24 |
| Correlation (SPY) | 1.6% | 9.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.43 | 0.15 | -0.05 | 0.17 | 0.33 | 0.45 |
| Up Beta | -0.46 | -0.34 | -0.50 | -0.18 | 0.03 | 0.36 |
| Down Beta | -1.15 | -1.23 | -0.77 | 0.35 | 0.61 | 0.71 |
| Up Capture | -13% | 87% | 36% | 25% | 42% | 22% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 12 | 21 | 32 | 60 | 127 | 391 |
| Down Capture | -18% | 78% | 46% | 22% | 17% | 48% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 9 | 20 | 31 | 62 | 119 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMAX | |
|---|---|---|---|---|
| IMAX | 33.3% | 39.7% | 0.81 | - |
| Sector ETF (XLC) | 4.7% | 14.0% | 0.09 | 13.3% |
| Equity (SPY) | 20.3% | 12.6% | 1.19 | 8.8% |
| Gold (GLD) | 21.6% | 28.1% | 0.69 | 1.4% |
| Commodities (DBC) | 31.4% | 19.1% | 1.30 | -4.8% |
| Real Estate (VNQ) | 15.0% | 14.0% | 0.76 | 12.3% |
| Bitcoin (BTCUSD) | -44.6% | 42.9% | -1.25 | -2.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMAX | |
|---|---|---|---|---|
| IMAX | 16.0% | 40.0% | 0.48 | - |
| Sector ETF (XLC) | 7.1% | 20.8% | 0.26 | 36.9% |
| Equity (SPY) | 12.9% | 17.1% | 0.58 | 35.1% |
| Gold (GLD) | 17.3% | 18.4% | 0.76 | 2.3% |
| Commodities (DBC) | 8.9% | 19.5% | 0.35 | 13.4% |
| Real Estate (VNQ) | 2.9% | 18.9% | 0.05 | 28.7% |
| Bitcoin (BTCUSD) | 14.9% | 53.4% | 0.46 | 17.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMAX | |
|---|---|---|---|---|
| IMAX | 2.9% | 46.3% | 0.22 | - |
| Sector ETF (XLC) | 9.0% | 22.1% | 0.46 | 34.2% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 31.4% |
| Gold (GLD) | 11.2% | 16.1% | 0.57 | -3.0% |
| Commodities (DBC) | 7.2% | 17.9% | 0.32 | 18.0% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 25.4% |
| Bitcoin (BTCUSD) | 58.7% | 66.2% | 0.99 | 13.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/11/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -4.0% | -6.3% | 6.5% |
| 2/25/2026 | 14.4% | 12.7% | 3.4% |
| 10/23/2025 | 1.2% | 2.7% | 10.4% |
| 7/24/2025 | -2.5% | -11.6% | -10.5% |
| 4/23/2025 | -3.4% | 1.0% | 11.7% |
| 2/19/2025 | -1.1% | -5.5% | -2.7% |
| 10/30/2024 | 12.1% | 14.1% | 21.4% |
| 7/25/2024 | 8.8% | 18.3% | 18.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 15 |
| # Negative | 12 | 11 | 9 |
| Median Positive | 8.5% | 7.4% | 10.4% |
| Median Negative | -2.7% | -6.3% | -10.0% |
| Max Positive | 18.7% | 18.3% | 32.7% |
| Max Negative | -10.7% | -11.6% | -17.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -4.0% | -6.3% | 6.5% |
| 2/25/2026 | 14.4% | 12.7% | 3.4% |
| 10/23/2025 | 1.2% | 2.7% | 10.4% |
| 7/24/2025 | -2.5% | -11.6% | -10.5% |
| 4/23/2025 | -3.4% | 1.0% | 11.7% |
| 2/19/2025 | -1.1% | -5.5% | -2.7% |
| 10/30/2024 | 12.1% | 14.1% | 21.4% |
| 7/25/2024 | 8.8% | 18.3% | 18.8% |
| 4/25/2024 | -1.1% | -8.3% | -6.3% |
| 2/27/2024 | 11.1% | 7.4% | 2.3% |
| 10/25/2023 | -1.0% | -0.4% | -10.4% |
| 7/26/2023 | 8.5% | 7.1% | 7.2% |
| 4/27/2023 | 4.9% | -3.5% | -13.9% |
| 2/22/2023 | 7.5% | 9.0% | 5.6% |
| 10/31/2022 | 0.0% | 8.2% | 32.7% |
| 7/28/2022 | -3.5% | 0.1% | -10.0% |
| 4/28/2022 | 5.6% | 4.0% | 16.1% |
| 2/23/2022 | 8.5% | 5.2% | -0.3% |
| 10/28/2021 | -2.9% | -3.5% | -17.0% |
| 7/27/2021 | -2.1% | -7.4% | -7.7% |
| 4/29/2021 | -4.1% | -6.8% | 1.8% |
| 3/4/2021 | 18.7% | 12.9% | 5.8% |
| 10/29/2020 | -2.5% | -3.2% | 31.3% |
| 7/28/2020 | -10.7% | -8.6% | 17.0% |
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 15 |
| # Negative | 12 | 11 | 9 |
| Median Positive | 8.5% | 7.4% | 10.4% |
| Median Negative | -2.7% | -6.3% | -10.0% |
| Max Positive | 18.7% | 18.3% | 32.7% |
| Max Negative | -10.7% | -11.6% | -17.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/23/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/23/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 10/25/2023 | 10-Q |
| 06/30/2023 | 07/26/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/23/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/23/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 10/25/2023 | 10-Q |
| 06/30/2023 | 07/26/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
| 09/30/2021 | 10/28/2021 | 10-Q |
| 06/30/2021 | 07/27/2021 | 10-Q |
| 03/31/2021 | 04/29/2021 | 10-Q |
| 12/31/2020 | 03/04/2021 | 10-K |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 07/28/2020 | 10-Q |
| 03/31/2020 | 04/30/2020 | 10-Q |
| 12/31/2019 | 02/19/2020 | 10-K |
| 09/30/2019 | 10/31/2019 | 10-Q |
| 06/30/2019 | 07/30/2019 | 10-Q |
Recent Forward Guidance
Updated 7/12/2026Latest: Q1 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Global Box Office | 1.40 Bil | 0 | Affirmed | Guidance: 1.40 Bil for 2026 | |||
Prior: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Global Box Office | 1.40 Bil | 16.7% | Higher New | Actual: 1.20 Bil for 2025 | |||
| 2026 System Installations | 160 | 168 | 175 | 4.7% | Higher New | Actual: 160 for 2025 | |
| 2026 Adjusted EBITDA Margin | 45.0% | ||||||
Q3 2025 Earnings Reported 10/23/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Global Box Office | 1.20 Bil | 0 | Affirmed | Guidance: 1.20 Bil for 2025 | |||
| 2025 System Installations | 150 | 160 | 160 | ||||
Insider Activity
Updated 4/28/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4282026 | 37.33 | 8,943 | 333,814 | 28,555,153 | Form |
| 2 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4202026 | 37.06 | 34,182 | 1,266,689 | 28,348,832 | Form |
| 3 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4202026 | 37.05 | 41,737 | 1,546,339 | 28,343,018 | Form |
| 4 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4152026 | 37.07 | 15,746 | 583,715 | 28,359,160 | Form |
| 5 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4152026 | 37.07 | 6,924 | 256,657 | 28,356,941 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4282026 | 37.33 | 8,943 | 333,814 | 28,555,153 | Form |
| 2 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4202026 | 37.06 | 34,182 | 1,266,689 | 28,348,832 | Form |
| 3 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4202026 | 37.05 | 41,737 | 1,546,339 | 28,343,018 | Form |
| 4 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4152026 | 37.07 | 15,746 | 583,715 | 28,359,160 | Form |
| 5 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4152026 | 37.07 | 6,924 | 256,657 | 28,356,941 | Form |
| 6 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4152026 | 37.15 | 97,462 | 3,620,967 | 28,421,813 | Form |
| 7 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4102026 | 37.82 | 135,046 | 5,106,873 | 28,929,163 | Form |
| 8 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4062026 | 40.26 | 12,987 | 522,884 | 30,800,587 | Form |
| 9 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 4062026 | 40.00 | 12,037 | 481,521 | 30,602,681 | Form |
| 10 | Douglas, Kevin | Direct | Sell | 3162026 | 37.82 | 330,200 | 12,488,164 | 138,324,759 | Form | |
| 11 | Douglas, Kevin | James E. Douglas, III | Sell | 3162026 | 37.82 | 62,600 | 2,367,532 | 49,205,522 | Form | |
| 12 | Douglas, Kevin | Irrevocable Descendants' Trust FBO Alexander James Douglas | Sell | 3162026 | 37.82 | 43,800 | 1,656,516 | 22,779,402 | Form | |
| 13 | Douglas, Kevin | Irrevocable Descendants' Trust FBO Amanda Anne Douglas | Sell | 3162026 | 37.82 | 43,800 | 1,656,516 | 22,779,364 | Form | |
| 14 | Douglas, Kevin | Irrevocable Descendants' Trust FBO Summer Jean Douglas | Sell | 3162026 | 37.82 | 87,600 | 3,313,032 | 22,779,364 | Form | |
| 15 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 3122026 | 40.10 | 121,220 | 4,860,837 | 30,676,045 | Form |
| 16 | Welton, Mark | President IMAX Global Theatres | Direct | Sell | 12152025 | 39.28 | 25,000 | 982,000 | 5,040,527 | Form |
| 17 | Fernandes, Natasha | Chief Financial Officer & EVP | Direct | Sell | 11242025 | 36.15 | 2,652 | 95,864 | 1,129,875 | Form |
| 18 | Welton, Mark | President IMAX Global Theatres | Direct | Sell | 11102025 | 35.23 | 49,504 | 1,743,927 | 5,401,263 | Form |
| 19 | Dolci, Giovanni M | Chief Commercial Officer & EVP | Direct | Sell | 11102025 | 34.25 | 6,188 | 211,909 | 1,130,092 | Form |
| 20 | Pablo, Calamera | CTO & EVP | Direct | Sell | 11102025 | 34.23 | 20,586 | 704,566 | 1,399,344 | Form |
| 21 | Lister, Robert D | Chief Legal Officer Sr Exec VP | Direct | Sell | 11072025 | 34.67 | 50,143 | 1,738,217 | 5,595,691 | Form |
| 22 | Lister, Robert D | Chief Legal Officer Sr Exec VP | Direct | Sell | 9152025 | 32.80 | 20,000 | 656,000 | 5,294,609 | Form |
| 23 | Weissman, Kenneth Ian | Deputy GC, Corp. Sec. & CCO | Direct | Sell | 8142025 | 25.65 | 15,072 | 386,561 | 670,249 | Form |
| 24 | Dolci, Giovanni M | Chief Commercial Officer | Direct | Sell | 8052025 | 25.00 | 6,500 | 162,468 | 824,838 | Form |
| 25 | Gelfond, Richard L | Chief Executive Officer | Direct | Sell | 5192025 | 27.11 | 100,000 | 2,711,440 | 16,393,339 | Form |
Investor Activity (13F)
Updated Jul 22, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Imax — Investor Video Playlist
Industry Resources
| Communication Services Resources |
| Variety |
| The Hollywood Reporter |
| Adweek |
| Movies & Entertainment Resources |
| Deadline |
| IndieWire |
| Screen Daily |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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