AMC Entertainment: Mixed — EPS $0.13, Revenue $1.71B

Adam Aron, Chairman and CEO

“Sometimes short but sweet is the best way to summarize performance. Notably, in the third quarter of 2026, AMC Entertainment set all-time records for achieving the highest quarterly revenue ($1,711.1 million) and highest quarterly Adjusted EBITDA ($347.5 million) for any quarter in our company’s 106-year history. It is the second quarter in a row that AMC set all-time records for revenue and Adjusted EBITDA. On revenue, first Q2 of 2026 and now again Q3 of 2026 surpassed AMC’s prior all-time record set in Q2 of 2019. On Adjusted EBITDA, first Q2 of 2026 and now again Q3 of 2026 surpassed AMC’s prior all-time record set in Q4 of 2017.”

Adam Aron, Chairman and CEO

“AMC turned audience enthusiasm into exceptional third quarter financial results thanks to our industry-leading loyalty programs along with the vast and growing number of AMC’s premium large format and extra large format auditoriums, combined with disciplined cost management, superb execution and the operating leverage inherent in our business. Our success was driven by a resurgent box office, market share gains in both domestic and international markets, and the achievement of all-time record revenue per patron. Accordingly, our Q3 revenues increased by 31.6% compared to the third quarter of last year. Our Q3 Adjusted EBITDA grew by 183.7%, nearly triple the result of last year’s third quarter, while our Adjusted EBITDA margin reached a record of 20.3%, more than double the 9.4% recorded in last year’s third quarter. Q3 Free Cash Flow was $109.3 million, an improvement of more than $190 million year over year, bringing year-to-date Free Cash Flow to $124.7 million. This gives us confidence to expect that AMC will achieve the much-welcomed milestone of positive annual Free Cash Flow for the full year 2026.”

Adam Aron, Chairman and CEO

“Alongside these record-setting operating results, we recently took another extraordinarily important step forward in strengthening AMC’s financial foundation. On October 5, we completed a $3.97 billion refinancing covering approximately 97% of our debt, extending maturities to late 2031 and 2033, simplifying our capital structure, and reducing our cost of capital. This transaction builds on years of bold and creative capital markets actions taken. Indeed, the major credit rating agencies have recognized the significant strengthening of AMC’s credit profile and meaningfully upgraded our credit rating. AMC now moves forward from a position of significantly increased balance sheet strength.”

Adam Aron, Chairman and CEO

“And the excitement continues with a surging fourth quarter domestic box office. The October domestic box office was up approximately 35% above the same month last year. And some of the year’s most anticipated films are still to come in November and December, including among other titles I PLAY ROCKY, WILD HORSE NINE, EBENEZER, THE FURTHER MISADVENTURES OF CLIFF BOOTH, THE HUNGER GAMES: SUNRISE ON THE REAPING, DUNE: PART THREE, AVENGERS: DOOMSDAY, MR. IRRELEVANT and JUMANJI: OPEN WORLD. It is an impressive and promising film slate that is a fitting close to a wonderful year for moviegoers. We expect the remaining film slate to propel both the domestic and global box office to their highest full-year levels in seven years. We could not be more enthusiastic about AMC’s prospects as this year draws to a triumphant close.”

Adam Aron, Chairman and CEO

“In recent years, where other key players in our industry collapsed, at AMC we repeatedly instead have talked about recovery. Today, we can finally say that AMC has recovered. To our studio partners, lenders, business partners, employees and our millions of passionate shareholders, thank you for standing with us as we traveled through a long, and at times brutal, road. Mere survival was never the goal. Our goal ultimately was to thrive, and that is exactly and precisely where our focus now lies. We are highly energized by the tremendous opportunities ahead.”