US EditionImax Beat Wall Street Expectations in Q1, Thanks to Smash Success of China’s ‘Ne Zha 2’
- Imax reported a revenue of $86.7 million in Q1 2025, a 10% increase from $79.1 million in Q1 2024, exceeding Wall Street's expectation of $84.23 million.
- Imax's net income reached $8.2 million, representing a 52% increase from the previous year's $5.4 million.
- The animated film 'Ne Zha 2' contributed significantly to Imax's success, earning over $161 million, making it the highest-grossing film in company history.
- CEO Rich Gelfond stated that Imax is 'uniquely positioned to benefit from a confluence of positive trends in global content,' anticipating record global box office growth in 2025.
13 Articles
13 Articles
Imax Beat Wall Street Expectations in Q1, Thanks to Smash Success of China’s ‘Ne Zha 2’
China’s blockbuster smash “Ne Zha 2” helped to boost profits and revenues at Imax during the first quarter of 2025. The big screen company logged $86.7 million for the three-month period ending in March, up 10% from the $79.1 million reported in the same quarter a year ago. Those revenues were above Wall Street’s projection of $84.23 million. Imax’s net income was $8.2 million, an improvement of 52% from Q1 in 2024. Meanwhile, adjusted earning…
Imax Posts Sharply Higher Quarterly Profit Amid Record China Box Office
The cinema technologies company saw the animated local language title ‘Ne Zha 2’ earn over $164 million in ticket sales during the Chinese New Year and has a slew of ‘Filmed for Imax’ films on release, like 'Captain America: Brave New World.'
Since its release in China, "Ne Zha 2" has become the most profitable animated film of all time, ahead of "Vice-versa 2".
The Middle Empire may have found the recipe to make a solid blockbuster for export, after decades of trial, which will not hurt Beijing's cultural soft power.
Chinese blockbuster Ne Zha 2 shines in Europe
Chinese blockbuster Ne Zha 2 shines in Europe making it a significant source of Chinese cultural exchange. The Chinese animated film Ne Zha 2, which has become the highest-grossing animated film of all time, began its release in cinemas across Denmark and other Nordic countries this week. Trinity CineAsia, the European distributor that secured the film’s theatrical rights in 37 European nations, has reported impressive box office results since t…
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