Cinemark Q4 Profit Falls One-Third on Softer Slate as EPS Misses Forecasts
Management cites record per-cap concessions alongside premium-format gains to frame a post‑pandemic revenue high.
Overview
- The exhibitor reported fourth‑quarter diluted earnings of $0.16 per share on $776.3 million in revenue, with net income of $34.1 million down about one‑third year over year and below analyst expectations.
- Attendance fell to 44.3 million from 51 million, with admissions of $383.8 million; concessions totaled $302.4 million as food‑and‑beverage per cap reached a company record of $5.96.
- Quarterly adjusted EBITDA came in at $131.7 million versus $156.9 million a year earlier as revenue declined roughly 5% from the 2024 fourth‑quarter record.
- Executives linked the softer quarter to weaker releases, citing a slow October and underperforming sequels including Tron: Ares and Wicked: For Good.
- For 2025, Cinemark posted $3.1 billion in revenue and $138 million in net income, and management pointed to market‑share gains, premium formats now driving roughly 15% of box office, and a planned 2026 capital spend near $250 million with expectations for a stronger slate.