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 78.3× (Nov '26).
The price-to-sales ratio has risen from 3.5× (Mar '23) to 6.7× (Nov '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?
Imax Corp's P/E (TTM) is 66.81 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the IMAX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 78.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.