15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 24.5% per year over the past 5 years.
Operating margin has expanded, at 20.5% in the latest year.
Financial health
Total debt has grown slower than revenue (-38.2% vs 24.5% per year).
Operating income covered interest expense 11× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$410M
$35M
60.0%
20.5%
10.3%
3.9%
$119M
—
$151M
2024
$352M
$26M
54.0%
12.5%
8.7%
3.1%
$62M
—
$101M
2023
$375M
$25M
57.2%
13.4%
9.3%
3.1%
$52M
—
$76M
2022
$301M
-$23M
52.0%
-1.6%
-8.7%
-2.8%
$9M
—
$97M
2021
$255M
-$22M
52.7%
4.3%
-6.3%
-2.5%
$2M
$2M
$190M
2020
$137M
-$144M
15.7%
-88.9%
-36.5%
-14.4%
-$24M
$306M
$317M
2019
$396M
$47M
54.1%
19.5%
8.6%
5.3%
$83M
$18M
$109M
2018
$374M
$23M
55.5%
12.1%
4.5%
2.6%
$97M
$38M
$142M
2017
$381M
$2M
48.7%
8.3%
0.4%
0.3%
$61M
$25M
$159M
2016
—
$29M
—
—
5.1%
3.4%
$63M
$27M
$205M
2015
—
$56M
—
—
9.0%
6.0%
$41M
$29M
$317M
2014
—
$40M
—
—
10.4%
6.4%
$47M
—
$107M
2013
—
$44M
—
—
13.8%
9.2%
$42M
—
$30M
2012
—
$41M
—
—
16.3%
9.8%
$68M
$11M
$21M
2011
—
$15M
—
—
7.9%
3.8%
$719000
$55M
$18M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$103M
$15M
61.2%
20.2%
4.3%
1.7%
$32M
—
$160M
Mar '26
$81M
$4M
56.3%
12.2%
1.3%
0.5%
$2M
—
$146M
Dec '25
$125M
$637000
57.6%
19.3%
0.2%
0.1%
$28M
—
$151M
Sep '25
$107M
$21M
63.1%
27.2%
5.9%
2.3%
$65M
—
$143M
Jun '25
$92M
$11M
58.5%
15.6%
3.5%
1.3%
$21M
—
$109M
Mar '25
$87M
$2M
61.4%
19.3%
0.8%
0.3%
$5M
—
$97M
Dec '24
$93M
$5M
52.2%
10.3%
1.8%
0.6%
$7M
—
$101M
Sep '24
$91M
$14M
55.8%
21.2%
4.8%
1.6%
$34M
—
$105M
Jun '24
$89M
$4M
49.4%
3.2%
1.3%
0.4%
$33M
—
$92M
Mar '24
$79M
$3M
59.3%
15.3%
1.3%
0.4%
-$12M
—
$81M
Dec '23
$86M
$3M
50.8%
3.2%
0.9%
0.3%
$57000
—
$76M
Sep '23
$104M
$12M
60.4%
21.2%
4.2%
1.4%
$27M
—
$110M
Jun '23
$98M
$8M
59.1%
14.5%
3.1%
1.0%
$4M
—
$95M
Mar '23
$87M
$2M
57.6%
13.1%
0.9%
0.3%
$21M
—
$99M
Dec '22
$98M
$3M
49.8%
7.7%
1.0%
0.3%
$14M
—
$97M
Sep '22
$69M
-$9M
46.1%
-6.2%
-3.3%
-1.1%
$3M
—
$87M
Jun '22
$74M
-$3M
59.5%
-0.1%
-1.0%
-0.4%
-$4M
—
$110M
Mar '22
$60M
-$14M
52.9%
-13.4%
-4.0%
-1.6%
-$5M
$1M
$162M
Dec '21
$109M
$10M
59.0%
23.6%
2.8%
1.1%
$24M
$2M
$190M
Sep '21
$57M
-$8M
48.6%
-1.5%
-2.5%
-1.0%
-$4M
$9M
$193M
Valuation over time
How the market has priced IMAX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 31.0× (Jan '24) to 81.6× (Sep '26).
The price-to-sales ratio has risen from 3.5× (Mar '23) to 6.9× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is IMAX growing its revenue and profit?
Over the past 5 years, Imax Corp's revenue has grown 24.5% per year. These are computed facts, not advice.
How much debt does IMAX have?
As of FY2025, Imax Corp reported — of total debt against $151M of cash; operating income covered interest expense 11×.
What is IMAX's profit margin?
In FY2025, gross margin was 60.0%, operating margin 20.5%, and net margin 8.5%.
What is IMAX's P/E ratio?
As of Sep '26, Imax Corp traded at a price-to-earnings ratio of about 81.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.