AMC posts record Q3 2026 revenue and adjusted EBITDA, turns profit and targets full‑year free cash flow positivity
AMC Entertainment reported third‑quarter 2026 revenue of $1,711.1 million, up 31.6% year‑over‑year, and adjusted EBITDA of $347.5 million, a 183.7% increase, delivering a net profit of $109.3 million. The results were driven by a resurgent box office, premium‑format growth and a $3.97 billion refinancing completed on October 5. Management said the company now expects to generate positive free cash flow for the full year 2026.
Why it matters
The company expects to achieve positive free cash flow by year‑end 2026, which could reduce reliance on external financing and support dividend or growth initiatives (the outlook was shared during the Q3 earnings call). Analysts’ median price target for AMC is $1.15 following the results (reported in).
Key facts
- 1Total revenues were $1,711.1 million, up 31.6% from the prior year quarter. sec.gov
- 2Net earnings were $109.3 million, a $407.5 million improvement from a $298.2 million loss a year earlier. sec.gov
- 3Adjusted EBITDA was $347.5 million, up 183.7% year‑over‑year. sec.gov
- 4Adjusted EBITDA margin reached a record 20.3%, more than double the 9.4% in the prior year quarter. sec.gov
- 5AMC completed a $3.97 billion refinancing on October 5, extending debt maturities to 2031 and 2033. sec.gov
- 6Q3 free cash flow was $109.3 million. sec.gov
Summary written by AlphAI AI Desk from 20 of 20 sources. Not investment advice. Figures are as stated by the linked sources.