AMC posts record Q2 revenue and EBITDA as options activity surges

The theater chain beat analyst estimates with $1.5967 billion in revenue and $321.4 million in adjusted EBITDA, while bullish options trading and strong weekend attendance lifted the shares.

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Summary

AMC Entertainment reported record quarterly revenue and adjusted EBITDA in Q2 2026, with revenue rising 14.2% year over year to $1.5967 billion and adjusted EBITDA climbing 69.6% to $321.4 million, both company records. Adjusted earnings per share were $0.14 versus analyst expectations for a $0.06 loss, helping send the stock up about 26% as investors also responded to stronger box office momentum. More than 300,000 AMC options contracts traded Monday, nearly five times the stock's 30-day average, with bullish call buying dominating the flow. CEO Adam Aron said AMC theatres welcomed 4.3 million guests globally over the weekend and cited strong demand tied to "The Odyssey." AMC did not announce new crypto initiatives, though it has previously accepted Bitcoin for ticket payments, issued NFT collectibles on the WAX blockchain, and is also linked to on-chain markets through Ondo Finance's tokenized AMC shares.

Terms & Concepts
  • adjusted EBITDA: A profitability measure that excludes interest, taxes, depreciation and amortization, and may also remove certain other items.
  • call options: Contracts that give traders exposure to potential upside in a stock at a specified strike price.
  • real-world asset tokens: Blockchain-based tokens designed to represent ownership or exposure to traditional financial assets such as stocks.