CINEMARK HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
Cinemark Holdings, Inc. (CNK) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 CINEMARK HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS Generated all-time high quarterly revenue of $1.1 billion with records across all major revenue categories Delivered Net Income of $141 million, an increase of nearly 50% year-over-year Achieved our highest
How this was made
The 30-second read
Why it matters
The filing is a primary earnings disclosure with multiple quantified beats (revenue, net income, Adjusted EBITDA, margins) and balance-sheet/cash items (free cash flow, cash balance, net leverage) plus a financing improvement (term-loan repricing).
Market read
This is a same-day earnings release with hard financial metrics and cash/leverage updates that can drive near-term positioning and estimate changes.
What to watch
The release emphasizes historical highs but provides limited forward guidance detail in the excerpt; traders may need to assess capex needs, leverage trajectory, and film-release cadence for durability.
Cinemark reported all-time high quarterly revenue of $1.1 billion and record quarterly Adjusted EBITDA of $294 million.
Second-quarter total revenue increased 15.5% to $1,086.4 million, net income attributable to Cinemark Holdings, Inc. increased to $139.4 million from $93.5 million, and Adjusted EBITDA increased to $294.0 million from $232.2 million.
Key metrics
shortened, hover for the filing’s print| Metric | Value | q/q | y/y |
|---|---|---|---|
| Total revenue, three months ended June 30, 2026GAAP | $1.09B | – | 15.5% |
| Admissions revenue, three months ended June 30, 2026GAAP | $540M | – | – |
| Concession revenue, three months ended June 30, 2026GAAP | $433.3M | – | – |
| Other revenue, three months ended June 30, 2026GAAP | $113.1M | – | – |
| Film rentals and advertising, three months ended June 30, 2026GAAP | $311.9M | – | – |
| Concession supplies, three months ended June 30, 2026GAAP | $82M | – | – |
| Salaries and wages, three months ended June 30, 2026GAAP | $116.6M | – | – |
| Facility lease expense, three months ended June 30, 2026GAAP | $89M | – | – |
| Utilities and other, three months ended June 30, 2026GAAP | $136.7M | – | – |
| General and administrative expenses, three months ended June 30, 2026GAAP | $62.8M | – | – |
| Depreciation and amortization, three months ended June 30, 2026GAAP | $51.6M | – | – |
| Impairment of long-lived and other assets, three months ended June 30, 2026GAAP | — | – | – |
| Loss (gain) on disposal of assets and other, three months ended June 30, 2026GAAP | 2.8M | – | – |
| Total cost of operations, three months ended June 30, 2026GAAP | 853.4M | – | – |
| Operating income, three months ended June 30, 2026GAAP | 233M | – | – |
| Interest expense, three months ended June 30, 2026GAAP | −$31.3M | – | – |
| Loss on debt amendments and extinguishments, three months ended June 30, 2026GAAP | −$2.8M | – | – |
| Other income, net, three months ended June 30, 2026GAAP | 4.3M | – | – |
| Income before income taxes, three months ended June 30, 2026GAAP | 203.2M | – | – |
| Income tax expense, three months ended June 30, 2026GAAP | 62.4M | – | – |
| Net income, three months ended June 30, 2026GAAP | $140.8M | – | – |
| Net income attributable to Cinemark Holdings, Inc., three months ended June 30, 2026GAAP | $139.4M | – | – |
| Diluted earnings per share, three months ended June 30, 2026GAAP | $1.19 | – | – |
| Basic earnings per share, three months ended June 30, 2026GAAP | $1.20 | – | – |
| Weighted average diluted shares outstanding, three months ended June 30, 2026GAAP | 116.4M | – | – |
| Weighted average basic shares outstanding, three months ended June 30, 2026GAAP | 115.2M | – | – |
| Adjusted EBITDA, three months ended June 30, 2026non-GAAP | $294M | – | – |
| Adjusted EBITDA margin, three months ended June 30, 2026non-GAAP | 27.1% | – | – |
| Attendance, three months ended June 30, 2026other | 63.7 million patrons | – | – |
| Worldwide average ticket price, three months ended June 30, 2026other | $8.48 | – | – |
| Concession revenue per patron, three months ended June 30, 2026other | $6.80 | – | – |
| Total revenue, six months ended June 30, 2026GAAP | $1.73B | – | 16.8% |
| Admissions revenue, six months ended June 30, 2026GAAP | $851.4M | – | – |
| Concession revenue, six months ended June 30, 2026GAAP | $688.5M | – | – |
| Other revenue, six months ended June 30, 2026GAAP | $189.6M | – | – |
| Operating income, six months ended June 30, 2026GAAP | 256.5M | – | – |
| Net income attributable to Cinemark Holdings, Inc., six months ended June 30, 2026GAAP | $133M | – | – |
| Diluted earnings per share, six months ended June 30, 2026GAAP | $1.13 | – | – |
| Adjusted EBITDA, six months ended June 30, 2026non-GAAP | $382.5M | – | – |
| Attendance, six months ended June 30, 2026other | 102.7 million patrons | – | – |
| Worldwide average ticket price, six months ended June 30, 2026other | $8.29 | – | – |
| Concession revenue per patron, six months ended June 30, 2026other | $6.70 | – | – |
Segments
| Segment | Revenue | q/q | y/y |
|---|---|---|---|
| AdmissionsGenerated record-level quarterly admissions revenue worldwide. | $540M | – | – |
| ConcessionDelivered all-time high quarterly concession revenue worldwide. | $433.3M | – | – |
| OtherNo specific driver was provided. | $113.1M | – | – |
Capital returns
- Returned $36 million of capital to shareholders, including $25 million of share repurchases and $11 million of dividends.
- Successfully repriced its term loan, reducing the interest rate 25 basis points with $1.6 million in annual cash interest savings.
What drove it
- Domestic box office results surpassed North American industry growth by over 200 basis points year-over-year.
- International admissions outpaced comparable industry benchmarks by 500 basis points year-over-year.
- The company cited enhancements to consumer offerings, scaled revenue opportunities, business optimization, operating rigor, and a robust box office environment.
- Cinemark cited a fulsome and compelling slate of films that meaningfully connected with audiences throughout the quarter.
- The company sustained market-share gains of more than 150 basis points since the pandemic in both the U.S. and Latin America.
Concerns
- The filing identifies attendance, the number and diversity of popular movie releases, exclusive theatrical release windows, and the ability to license and exhibit popular films as risks.
- The filing identifies currency exchange rate and inflationary impacts, general economic conditions, competition from alternative entertainment and streaming, and access to capital resources as risks.
- No forward financial guidance was provided in the supplied filing text.
What to watch
- Domestic box office results relative to North American industry growth and international admissions relative to comparable industry benchmarks.
- Attendance, worldwide average ticket price, and concession revenue per patron.
- Cash generation, net leverage ratio, and the effect of the term-loan repricing on interest expense.
- The movie-release slate, exclusive theatrical windows, and management's future revenue, expense, profitability, and capital-expenditure outlook.
Balance sheet and cash flow
- Cash and cash equivalents as of June 30, 2026: $504.3 million, compared with $344.3 million as of December 31, 2025.
- Theater properties and equipment, net as of June 30, 2026: $1,169.2 million, compared with $1,175.8 million as of December 31, 2025.
- Total assets as of June 30, 2026: $4,553.6 million, compared with $4,433.9 million as of December 31, 2025.
- Total long-term debt, net of unamortized debt issuance costs and original issue discount, as of June 30, 2026: $1,876.8 million, compared with $1,875.6 million as of December 31, 2025.
- Total equity as of June 30, 2026: $505.1 million, compared with $413.8 million as of December 31, 2025.
- Generated $360 million of cash from operations and $298 million of free cash flow.
- Cash flows provided by operating activities for the six months ended June 30, 2026: $339.7 million, compared with $156.8 million for the six months ended June 30, 2025.
- Investing activities for the six months ended June 30, 2026: $(99.1) million, compared with $(45.2) million for the six months ended June 30, 2025.
- Net leverage ratio: 2.0x.
Analysis
Cinemark delivered a record second quarter, with total revenue increasing 15.5% to $1,086.4 million. Admissions revenue was $540.0 million, concession revenue was $433.3 million, and other revenue was $113.1 million. The company reported 63.7 million patrons, a worldwide average ticket price of $8.48, and concession revenue per patron of $6.80. Management attributed the performance to consumer-offering enhancements, scaled revenue opportunities, operating rigor, and a robust box office environment.
Profitability advanced materially. Operating income was 233.0 million, versus 173.5 million in the prior-year quarter, while net income attributable to Cinemark Holdings, Inc. was $139.4 million, versus $93.5 million. Diluted earnings per share was $1.19, compared with $0.63. Adjusted EBITDA reached $294.0 million, compared with $232.2 million, and the company reported a record second-quarter Adjusted EBITDA margin of 27.1%.
The first-half figures also show broad improvement. Six-month revenue increased 16.8% to $1,729.5 million, net income attributable to Cinemark Holdings, Inc. was $133.0 million compared with $54.6 million, and Adjusted EBITDA was $382.5 million compared with $268.6 million. Domestic box office results surpassed North American industry growth by over 200 basis points year-over-year, while international admissions outpaced comparable industry benchmarks by 500 basis points year-over-year.
Capital allocation and liquidity were notable features of the release. Cinemark generated $360 million of cash from operations and $298 million of free cash flow, ended the quarter with $504.3 million of cash and cash equivalents, and reported a net leverage ratio of 2.0x. The company returned $36 million to shareholders through $25 million of share repurchases and $11 million of dividends, while repricing its term loan to reduce the interest rate 25 basis points. The supplied filing text contains no forward financial guidance, leaving future performance tied to attendance, the film slate, release windows, and industry box-office conditions.
Management, verbatim
We are thrilled to report that Cinemark delivered historic results in the second quarter with all-time quarterly highs in revenue and Adjusted EBITDA, both domestically and internationally. Our achievements reflect the significant progress we’ve made enhancing our consumer offerings, scaling revenue opportunities and further optimizing our business, combined with the impact of solid operating rigor in a robust box office environment.
Sean Gamble, President and Chief Executive Officer
Not in the filing
stated, not guessed- Forward financial guidance, including revenue, gross margin, operating expenses, tax rate, capital expenditures, and other outlook metrics.
- Prior-quarter comparisons for reported second-quarter metrics.
- Gross profit and gross margin.
- A reported year-over-year percentage change for admissions revenue, concession revenue, other revenue, operating income, net income, earnings per share, Adjusted EBITDA, attendance, average ticket price, and concession revenue per patron.
- A complete cash-flow statement: the supplied filing text is truncated during the financing-activities line.
- Free-cash-flow definition and prior-year comparison.
- Non-GAAP reconciliation schedules referenced by the company.
- Earnings executive commentary or CFO commentary.
Written by an AI language model from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure is checked against the filing text, and a metric the filing does not print, or whose value, prior period and change do not add up, is dropped from the metrics. The model can still misread a table, in the metrics or in the text, so check a number in the filing before you rely on it. Consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.
Background
The 8-K (Item 2.02) includes Exhibit 99.1 with Cinemark’s Q2 2026 results for the three and six months ended June 30, 2026.
Ticker impact
Cinemark reported Q2 2026 revenue of $1.086B (+15.5% YoY) and Adjusted EBITDA of $294M, plus record margins of 27.1%.
Bias toward upside or reduced downside risk versus prior expectations, with follow-through tied to how investors underwrite box-office and margin durability.
The filing provides multiple hard datapoints: revenue, net income, Adjusted EBITDA, margin, free cash flow, net leverage (2.0x), and a specific interest-rate reduction (25 bps) from term-loan repricing.
Market effects
Exhibitor results with record EBITDA and admissions/concession strength can improve read-through expectations for theatrical demand and margin structure.
International admissions outperformance (500 bps vs benchmarks) may support sentiment for Latin America and global box-office exposure.
Global attendance and revenue mix improvements can influence broader entertainment and consumer discretionary risk appetite.
Counterpoint
Record margins may be partly driven by film slate strength and box-office conditions, which could mean less repeatability than the headline suggests.
Key entities
- companyCinemark Holdings, Inc.
Reported Q2 2026 results including $1.086B revenue, $294M Adjusted EBITDA, 27.1% margin, and $298M free cash flow.
- executiveSean Gamble
CEO quoted on delivering historic results and progress on consumer offerings and operating rigor.
