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
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
FCF
Total debt
Cash
2025
$410M
$35M
60.0%
20.5%
$119M
—
$151M
2024
$352M
$26M
54.0%
12.5%
$62M
—
$101M
2023
$375M
$25M
57.2%
13.4%
$52M
—
$76M
2022
$301M
-$23M
52.0%
-1.6%
$9M
—
$97M
2021
$255M
-$22M
52.7%
4.3%
$2M
$2M
$190M
2020
$137M
-$144M
15.7%
-88.9%
-$24M
$306M
$317M
2019
$396M
$47M
54.1%
19.5%
$83M
$18M
$109M
2018
$374M
$23M
55.5%
12.1%
$97M
$38M
$142M
2017
$381M
$2M
48.7%
8.3%
$61M
$25M
$159M
2016
—
$29M
—
—
$63M
$27M
$205M
2015
—
$56M
—
—
$41M
$29M
$317M
2014
—
$40M
—
—
$47M
—
$107M
2013
—
$44M
—
—
$42M
—
$30M
2012
—
$41M
—
—
$68M
$11M
$21M
2011
—
$15M
—
—
$719000
$55M
$18M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$81M
$4M
56.3%
12.2%
$2M
—
$146M
Dec '25
$125M
$637000
57.6%
19.3%
$28M
—
$151M
Sep '25
$107M
$21M
63.1%
27.2%
$65M
—
$143M
Jun '25
$92M
$11M
58.5%
15.6%
$21M
—
$109M
Mar '25
$87M
$2M
61.4%
19.3%
$5M
—
$97M
Dec '24
$93M
$5M
52.2%
10.3%
$7M
—
$101M
Sep '24
$91M
$14M
55.8%
21.2%
$34M
—
$105M
Jun '24
$89M
$4M
49.4%
3.2%
$33M
—
$92M
Mar '24
$79M
$3M
59.3%
15.3%
-$12M
—
$81M
Dec '23
$86M
$3M
50.8%
3.2%
$57000
—
$76M
Sep '23
$104M
$12M
60.4%
21.2%
$27M
—
$110M
Jun '23
$98M
$8M
59.1%
14.5%
$4M
—
$95M
Mar '23
$87M
$2M
57.6%
13.1%
$21M
—
$99M
Dec '22
$98M
$3M
49.8%
7.7%
$14M
—
$97M
Sep '22
$69M
-$9M
46.1%
-6.2%
$3M
—
$87M
Jun '22
$74M
-$3M
59.5%
-0.1%
-$4M
—
$110M
Mar '22
$60M
-$14M
52.9%
-13.4%
-$5M
$1M
$162M
Dec '21
$109M
$10M
59.0%
23.6%
$24M
$2M
$190M
Sep '21
$57M
-$8M
48.6%
-1.5%
-$4M
$9M
$193M
Jun '21
$51M
-$9M
50.2%
-5.8%
-$7M
$10M
$214M
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 68.1× (Jun '26).
The price-to-sales ratio has risen from 3.5× (Mar '23) to 5.8× (Jun '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 Jun '26, Imax Corp traded at a price-to-earnings ratio of about 68.1× (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.