Reading International Reports Second Quarter 2026 Results
Earnings Call Webcast to Discuss Second Quarter Financial Results Scheduled to Post to Corporate Website on Tuesday, August 18, 2026 * Q2 2026 Total Revenues grew to $66.9 million, * Q2 2026 Total Revenues highest since pre-Pandemic, * Q2 2026 Operating Income grew to $7.5 million, * Q2 2026 EBITDA grew to $11.3 million. NEW YORK, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the second quarter and six months ended June 30, 2026.
Key Financial Summary Results – Second Quarter 2026 * Total Revenues of $66.9 million increased by 11% from $60.4 million in Q2 2025 and represented the highest second quarter Total Revenues since Q2 2019. * Operating Income of $7.5 million marked a 159% improvement from $2.9 million in Q2 2025 and represented the highest quarter result for this metric since Q2 2018. * EBITDA of $11.3 million increased by 79% from $6.3 million in Q2 2025. Our Q2 2025 results included a $1.8 million gain on sale from the sale of our Cannon Park property in Australia. There were no asset sales in Q2 2026. Further, excluding the Q2 2021 EBITDA that included $43.2 million of gains on real estate asset sales, the Q2 2026 EBITDA represented the best second quarter since Q2 2019. * Q2 Basic Earnings Per Share was $0.10 against a Q2 2025 Basic Loss Per Share of $0.12 noting the inclusion of asset sales in the Q2 2025 Loss Per Share. Further, excluding the Q2 2021 Basic Earnings Per Share that included $43.2 million of gains on sale from real estate asset sales, the Q2 2026 Basic Earnings Per Share represented the best second quarter since Q2 2019. * Net Income was $2.3 million against a loss of $2.8 million in Q2 2025. Excluding the Q2 2021 Net Income result, which included gains on sale of $43.2 million from real estate asset sales, the Q2 2026 Net Income represented the best second quarter since Q2 2019. Key Financial Summary Results – Six Months of 2026
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