Overview
- On Monday, July 20, 2026, AMC reported record second-quarter revenue of about $1.59–$1.60 billion and adjusted EBITDA around $320–$321 million.
- Operating cash flow turned positive to roughly $106.9 million and free cash flow was about $190.1 million, marking a material cash-flow reversal from a year earlier.
- U.S. and international attendance rose in the quarter as multiple summer tentpoles including Christopher Nolan’s The Odyssey drove weekend traffic and stronger concession sales.
- During the quarter AMC refinanced roughly $400 million of debt, raised about $285 million of equity, pushed major maturities out to 2029 and reduced near-term principal balances, though the equity raises increased share count.
- Management said the momentum could make 2026 the strongest post-pandemic box-office year but future shareholder outcomes will hinge on continued studio tentpoles, debt costs and how AMC uses its improved cash flow for debt, upgrades, or shareholder returns.