Cinemark announced its first-quarter financial results, showing a significant decrease in net loss and a 19% increase in total revenue compared to the same period last year. Growth was seen across admissions, concessions, and patron numbers, driven in part by alternative content and premium large format screens.
Holdings on Friday unveiled its first-quarter financial results , with a sharply lower loss on higher revenue compared to a year ago. Cinemark saw total revenue increase 19 percent to $643.1 million, against overall revenue of $540.7 million in 2025.
Admissions revenue for the three months to March 31, 2026 was $311.4 million, up from a year-earlier $264.1 million, while concession revenue came to $255.2 million, ahead of the $210.4 million posted in the same period of 2025. Cinemark said it hosted 24 million patrons in its U.S. theaters during the first quarter, up 17 percent from year ago levels. The net loss attributable to Cinemark was $6.4 million, compared to a $38.9 million net loss a year ago.
“Our first quarter results marked our strongest first quarter since the onset of the pandemic across all revenue categories and adjusted EBITDA, with meaningful top-line growth and margin expansion,” Cinemark CEO Sean Gamble said in a statement that accompanied his latest financial results. Gamble pointed to 17 percent of his company’s global box office coming from alternative content during the first quarter, while 13 percent of the worldwide admissions revenue came from premium large format screens, including XD, Imax and ScreenX.
The rise of event cinema has exhibitors like Cinemark acquiring new PLF screen locations, or leveraging their own branded premium screens, in a bid for more assured revenue streams. That’s a bet film viewers will continue in the streaming era to leave their living rooms at home for the local multiplex to see Hollywood tentpole releases. Cinemark has been investing to add to its portfolio of PLF locations, which includes its own proprietary XD screens.
“As we aim to create unforgettable, larger-than-life entertainment that can’t be found at home or anywhere else, we focus on ensuring our guests receive a premium moviegoing experience at Cinemark regardless of which auditorium they choose,” the company said in its executive summary on Friday. Evangeline Lilly Slams Marvel Studios Layoffs, Says Artists Who “Brought MCU to Life” Are “Being Replaced by AI”The Hollywood Reporter is a part of Penske Media Corporation. © 2026 The Hollywood Reporter, LLC. All Rights Reserved.
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