Cinemark's Third-Quarter Revenue Hits a Record $1.1 Billion

The Tip Desk · November 4, 2026 · 3 min read

The exhibitor posted $1.04 a share of diluted earnings and $268 million of Adjusted EBITDA as attendance rose to 63.7 million patrons from 54.2 million a year earlier.

Cinemark Holdings (CNK) reported third-quarter revenue of $1.06 billion, a record for the period and 23.5% above $857.5 million a year earlier, as attendance rose to 63.7 million patrons from 54.2 million and premium formats and concessions lifted per-ticket economics.

The theatrical exhibition company said worldwide revenue and Adjusted EBITDA reached third-quarter highs, with Adjusted EBITDA margin expanding 460 basis points year over year. President and Chief Executive Officer Sean Gamble said the company translated positive box-office momentum from a summer slate into earnings growth.

Net income attributable to Cinemark Holdings was $122.8 million, or $1.04 a share, compared with $49.5 million, or $0.40 a share, a year earlier. Adjusted EBITDA was $267.6 million, up from $177.6 million. The company said that figure was a record third-quarter result and the second-best quarterly Adjusted EBITDA in company history.

Admissions revenue was $530.8 million, versus $429.7 million a year earlier. Concession revenue was $413.9 million, versus $336.7 million. Other revenue was $114.4 million. Worldwide average ticket price was $8.33. Concession revenue per patron was a record third-quarter $6.50.

Premium large-format box office across XD, IMAX and ScreenX increased 50% year over year and surpassed the prior record by 20%, the company said. Motion-seat revenue was the highest quarterly result and accounted for 7% of global box office.

The U.S. reportable segment generated $817.5 million of revenue, versus $683.6 million a year earlier, and $203.1 million of Adjusted EBITDA, versus $140.2 million. U.S. attendance was 37.4 million patrons, versus 33.2 million. U.S. average ticket price was $11.16 and concession revenue per patron was $8.66.

The international segment generated $241.6 million of revenue, versus $173.9 million a year earlier, or $236.6 million in constant currency. International Adjusted EBITDA was $64.5 million, versus $37.4 million. International attendance was 26.3 million patrons, versus 21.0 million. International average ticket price was $4.32 and concession revenue per patron was $3.43. The company said it sustained market-share gains of more than 150 basis points since the pandemic in both the U.S. and Latin America.

Operating costs rose with the larger top line. Film rentals and advertising were $309.3 million, versus $245.5 million. Concession supplies were $79.1 million. Salaries and wages were $116.1 million. Facility lease expense was $90.4 million. Utilities and other were $142.9 million. Operating income was $206.6 million, versus $114.4 million. Interest expense was $31.3 million. Income tax expense was $50.3 million, versus a $22.9 million tax benefit a year earlier.

Cash and cash equivalents were $555.5 million as of September 30, 2026, up from $344.3 million at year-end 2025. The company generated $136 million of cash from operations and $66 million of free cash flow in the quarter. Capital expenditures were $70.4 million, versus $53.4 million a year earlier. Year-to-date capital expenditures reached $170 million as the company progresses toward a full-year expected investment of approximately $250 million.

Gamble said the company remains highly confident in long-term growth prospects, citing consumer trends, content dynamics, the circuit, the balance sheet and competitive position.