Cinemark sees strong Q3 growth as revenue hits $1.06B
Key points
- Cinemark reported third-quarter 2026 revenue of $1.06 billion, up approximately 24% year over year, exceeding Wall Street expectations.
- Net earnings attributable to shareholders reached $122.8 million, while earnings of $1.04 per share exceeded analysts' $0.97 consensus estimate.
- Worldwide attendance rose to 63.7 million patrons, while Cinemark expects approximately $250 million in full-year capital spending on theater improvements.
Cinemark (NYSE:CNK) reported third-quarter 2026 revenue of $1.06 billion, up approximately 24%, as higher movie attendance lifted earnings.
Revenue increased from $857.5 million a year earlier, exceeding analysts' $1.03 billion forecast, while diluted earnings reached $1.04 per share.
Worldwide attendance increased 18% to 63.7 million patrons, while admissions revenue reached $530.8 million and concession revenue totaled $413.9 million.
Cinemark expects approximately $250 million in full-year capital spending on theater improvements, while its shares rose 2.5% in initial post-earnings trading.
Net income attributable to shareholders increased to $122.8 million from $49.5 million, while adjusted EBITDA rose to $267.6 million from $177.6 million.
The company invested $70 million in theater upgrades during the quarter, bringing year-to-date capital spending to $170 million across its exhibition network.
Frequently asked questions
More from United States
Amneal Pharmaceuticals Q3 revenue comes in at $863M, up 10%
Revvity Q3 revenue comes in at $729 million
IDEAYA Biosciences Q3 loss widens to $125.7 million
Dynatrace Q2 revenue increases 17% to $580 million
Thomson Reuters records double-digit Q3 revenue growth
Icahn Enterprises unveils $225 million Q3 loss
