Cineplex Inc. released on Wednesday its financial results for the three months and year ended December 31, 2025. Its total annual revenue rose by 0.8% from the previous year to $1.28 billion.
2025 Highlights:
- Generated $91.6 million in Adjusted EBITDAaL compared to $89.9 million in the prior year
- Reported net loss of $36.9 million, an improvement of $67.3 million relative to the prior year net loss of $104.2 million
- Set annual records for Box Office Per Patron at $13.29 and Concession Per Patron at $9.72
- International film product contributed 11.2% of total box office revenues, the highest share in Cineplex’s history
- Premium experiences accounted for 43.2% of total box office revenues, the highest annual percentage since 2018
- Cinema Media revenue grew by 13.1% over prior year and delivered record cinema media per patron of $2.12
- Completed sale of Cineplex Digital Media for gross proceeds of $70 million in cash
- Location-Based Entertainment segment EBITDAaL Margin increased to 15.9%, up from 15.4% in the prior year
- Renewed the Normal Course Issuer Bid Program and repurchased 636,602 common shares for cancellation
“Moviegoers continue to demonstrate that nothing compares to the shared experience of watching immersive content at our theaters, and the strength of our programming and experiences is what truly sets us apart”, said Ellis Jacob, President & CEO. “2025 continued to display the vital role that diverse content and premium experiences play in bringing guests to our theatres. International programming delivered its highest contribution on record and premium formats delivered their highest share of our box office since 2018, broadening audience reach and enriching the theatrical experience. These factors supported strong guest engagement throughout the year and contributed to record box office per patron and record concession per patron in 2025.
“In a crowded advertising market, our media business continues to demonstrate the importance of a highly engaged and highly attentive audience. With extensive audience data and a full range of media offerings, we provide advertisers with a powerful platform to deliver targeted and impactful campaigns, contributing to record cinema media per patron results in 2025.
“Our LBE business continues to contribute meaningfully to our overall results. While the broader industry faces macroeconomic pressures, our focus on optimizing operations has stabilized same store margins year over year.
“This year we took further steps to strengthen our balance sheet, improve liquidity and return value to shareholders through the sale of CDM. Proceeds from the sale provided the funds to repurchase shares under our NCIB and going forward, offer flexibility to reduce leverage, pursue additional share repurchases subject to our debt agreements, and support broader corporate priorities.
“While the 2025 film slate offered depth across genres, it lacked mega-blockbuster films. This will certainly change with the 2026 slate shaping up to be much stronger, with multiple major tentpoles and an even deeper lineup that will attract a broad base of Canadian moviegoers. This expanded slate signals the strength and opportunity within both the industry and our business, and we remain focused on leveraging this environment to advance our strategic priorities and deliver growth.”
Cineplex is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. Cineplex has 170 movie theatres and location-based entertainment venues. It operates The Rec Room, Playdium, Cineplex Junxion. It also operates successful businesses in cinema media (Cineplex Media), alternative programming (Cineplex Events) and motion picture distribution (Cineplex Pictures).
More from Retail Insider:
