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Companies $AMC
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AMC Entertainment Holdings, Inc. logo

AMC Entertainment Holdings, Inc.

investor.amctheatres.com

What Do They Do?

Operates movie theatres in the United States and Europe, showing films and selling tickets, food and drinks to moviegoers.

How Do They Make Money?

Moviegoers pay for admission when they attend a film and for food and drinks when they take possession. AMC also earns money from subscriptions and advertising over time, along with ticketing fees, theatre rentals and other sales.

revenue
SegmentShareRevenue
Admissions
Sold outright

55%
FY2022: 56%
Food and beverage
Sold outright

34%
FY2022: 34%
Other theatre
11%
FY2022: 10%

Who Are Their Customers?

Moviegoers buy tickets and concessions at theatres, online through AMC's website and apps, and through third-party ticketing vendors. Studios and distributors license films to AMC for exhibition.

Do Revenues Turn Into Profits?

No. It lost $632.4M in FY2025.

Operating income, FY2025
0% of revenue
▼ −78% (Loss) vs FY2024 (−$79.3M, −2%)
Net income, FY2025
−13% of revenue
▲ +79% (Loss) vs FY2024 (−$352.6M, −8%)
Free cash flow, FY2025
−8% of revenue
▲ +23% (Loss) vs FY2024 (−$296.3M, −6%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +14%
vs $1.4B in Q2 FY2025
Net income
▲ +143% (Loss)
vs −$4.7M in Q2 FY2025
Admissions share of revenue vs 54.6% in Q2 FY2025
  • Jul 20, 2026 AMC reported second-quarter results, with a net loss. Revenue was $1,596.7 million, compared with $1,397.9 million in the prior-year quarter.
  • Jun 25, 2026 AMC completed a $200 million stock offering and planned to redeem notes. It said proceeds would also support cash reserves and theatre investments.
  • Jun 11, 2026 AMC completed a $150 million at-the-market share offering. The company said the proceeds would boost its cash position.

Growing. Revenue grew 92% in 4 years, from $2.5B in FY2021 to $4.8B in FY2025, about 18% a year.

Theatrical distribution The latest report describes theatrical film distribution as a newer source of revenue, including AMC distributing film releases. The older report describes theatre exhibition and ancillary income but does not include theatrical distribution among those revenue sources.

Revenue over time
Admissions Food and beverage Other theatre
$5B$2.5B$0

Who Do They Compete With?

Competes with Regal Entertainment Group and Cinemark Holdings

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