Exhibition giant Cinemark posted strong second quarter revenue and earnings gains on the strength of its summer box office on Friday.
Overall revenue rose 28 percent year-over-year to $941 million, as admissions revenue jumped 27.7 percent to $467.1 million and concession revenue rose 29 percent to $377.7 million. Cinemark posted its biggest domestic Memorial Day weekend ever as tentpoles like Lilo & Stich and Tom Cruise’s Mission: Impossible – The Final Reckoning played at its multiplexes.
Cinemark also pointed to a nearly 16 percent increase in attendance to 57.9 million patrons during the three months to June 30, 2025.
“The second quarter once again showcased the strength and resilience of theatrical exhibition as a surge in summer moviegoing momentum reflected the enduring consumer appeal for larger-than-life cinematic experiences,” Sean Gamble, Cinemark’s president and CEO said in a statement that accompanied his latest financial results.
The second quarter financial results came as Cinemark, the third-largest theater circuit in the U.S. behind AMC Theatres and Regal Entertainment Group, continues to recover at the box office coming out of the pandemic and possibly return to pre-COVID levels of releases. Getting there will be helped by new players like Amazon MGM Studios, as well as independent studios like A24 and Neon, adding more to the overall Hollywood movie pipeline.
Gamble reiterated his confidence in the exhibition sector going forward in the face of competition from streaming platforms. “As we look ahead, we remain highly encouraged about the trajectory of our industry and believe Cinemark is exceptionally well-positioned to continue thriving in the years to come,” he added.