v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 1,596.7 $ 1,397.9 $ 2,642.1 $ 2,260.4
Operating costs and expenses        
Operating expense, excluding depreciation and amortization below 458.4 458.4 865.7 851.6
Rent 223.8 222.6 447.9 440.7
General and administrative:        
Merger, acquisition and other costs 0.3 0.1 1.4 3.1
Other, excluding depreciation and amortization below 52.0 58.2 112.9 114.2
Depreciation and amortization 76.1 77.8 151.8 153.9
Operating costs and expenses 1,358.6 1,305.3 2,449.7 2,313.7
Operating income (loss) 238.1 92.6 192.4 (53.3)
Other expense, net:        
Other expense (income) 109.6 (32.1) 57.2 (90.9)
Interest expense:        
Corporate borrowings 115.9 109.6 235.8 218.6
Finance lease obligations 1.7 1.4 3.2 2.6
Non-cash NCM exhibitor services agreement 18.4 18.6 36.9 27.5
Investment expense (income) 0.5 (1.4) (17.8) (7.1)
Total other expense, net 246.1 96.1 315.3 150.7
Loss before income taxes (8.0) (3.5) (122.9) (204.0)
Income tax provision 3.4 1.2 5.6 2.8
Net loss $ (11.4) $ (4.7) $ (128.5) $ (206.8)
Net loss per share:        
Basic (in dollars per share) $ (0.02) $ (0.01) $ (0.2) $ (0.48)
Diluted (in dollars per share) $ (0.02) $ (0.01) $ (0.2) $ (0.48)
Weighted average shares outstanding:        
Basic (Shares in thousands) 722,015 433,144 631,343 432,064
Diluted (Shares in thousands) 722,015 433,144 631,343 432,064
Admissions        
Revenues        
Total revenues $ 863.1 $ 762.6 $ 1,441.5 $ 1,236.1
Operating costs and expenses        
Operating costs and expenses 440.3 392.1 695.9 596.9
Food and beverage        
Revenues        
Total revenues 576.1 499.6 923.4 783.0
Operating costs and expenses        
Operating costs and expenses 107.7 96.1 174.1 153.3
Other theatre        
Revenues        
Total revenues $ 157.5 $ 135.7 $ 277.2 $ 241.3