AMC Entertainment Holdings saw its net loss decline in the fourth quarter due to lower overall revenues as it hopes to boost the Hollywood box office this year.
The debt-laden parent of AMC Theaters on Monday reported total revenue of $1.28 billion, down 1.4 percent from $1.3 billion a year earlier. This came as total attendance at its domestic and international theaters declined by nearly 10 percent to 56.3 million visitors during the latest quarter.
Attendance in U.S. markets fell 7.5% to 39.7 million moviegoers, while international attendance fell nearly 15% to 16.5 million ticket buyers after a whirlwind run at the Hollywood box office in 2025.
AMC Theaters’ net loss in the most recent fiscal quarter was $127.4 million, versus the prior year’s loss of $135.6 million, or a diluted loss per share of 25 cents, compared to a loss of 35 cents per share in the same period in 2024. During the fourth quarter, admission revenue was $701.6 million, versus $721.4 million a year earlier, while food and beverage revenue also decreased to $436.5 million. Compared to $446.2 million in the same period in 2024.
AMC is embarking on a premium screen gold rush in the domestic complex by offering various immersive auditoriums such as Imax, Dolby Cinema, iSense, XL and laser projection equipped screens. In remarks accompanying its latest financial results, AMC Theaters CEO Adam Aron predicted an expected improvement in the Hollywood box office in 2026.
“Looking to the future, our studio partners are preparing to deliver on their commitment to release more films in 2026 and beyond, and that makes us increasingly optimistic. It is encouraging that the North American box office for January was approximately 16 percent ahead of the same period last year, and European box office growth was even more significant,” he added.
Also Monday, parent AMC Entertainment Holdings said its subsidiary, Muvico LLC, launched an offering of $1.73 billion in first-lien notes due 2031 as part of an ongoing debt refinancing effort. The company also recently announced that it has entered into an agreement to sell up to $150 million of Class A common stock to address its high debt load caused by the pandemic.
AMC Theaters will hold its fourth-quarter analyst call on Tuesday after the market closes.
