AMC Entertainment reported record third quarter 2026 revenue of $1.71B and beat EPS estimates

AMC Entertainment achieved its second consecutive quarter of record-breaking financial results, with quarterly revenue and Adjusted EBITDA reaching all-time highs in the company's 106-year history. Growth was driven by a 28.3% surge in attendance and record revenue per patron, leading to positive free cash flow and significant margin expansion.

Key Highlights

• Record quarterly revenue of $1.71 billion increased 31.6% year-over-year, exceeding the consensus estimate of $1.66 billion.
• Adjusted EBITDA grew 183.7% to $347.5 million, with Adjusted EBITDA margins more than doubling to 20.3% compared to 9.4% in the prior-year period.
• Quarterly Free Cash Flow improved by over $190 million year-over-year to $109.3 million, supporting management's expectation for positive annual Free Cash Flow for FY 2026.
• Subsequent to the quarter end on October 5, AMC completed a $3.97 billion refinancing of approximately 97% of its debt, extending maturities to 2031 and 2033.