AMC Q4 net cash provided by operating activities at USD 126.7 million (-76.9%)

AMC reported Q4 2025 total revenues of USD 1.29 billion (-1.4%) and a net loss of USD 127.4 million, with diluted loss per share of USD 0.25. Adjusted EBITDA was USD 134.1 million, and free cash flow was USD 43.3 million. Net cash provided by operating activities totaled USD 126.7 million, and cash and cash equivalents were USD 428.5 million at December 31, 2025 (excluding restricted cash of USD 48.8 million). Q4 attendance was 56.33 million (-9.8%). For FY 2025, AMC posted total revenues of USD 4.85 billion (+4.6%) and a net loss of USD 632.4 million, with diluted loss per share of USD 1.34. Adjusted EBITDA was USD 387.5 million, net cash used in operating activities was USD 119.8 million, and free cash flow was USD 365.9 million. FY attendance was 219.41 million (-2.1%). AMC said the higher FY net loss primarily reflected non-cash charges tied to a July 2025 refinancing that enabled it to fully redeem its 2026 maturities. Corporate updates included converting most of its equity investment in Hycroft into USD 24.1 million cash during Q4 2025. In Q1 2026, AMC entered a sales and registration agreement to sell up to USD 150 million of Class A common stock and, as of February 20, 2026, had raised gross proceeds of USD 26.2 million from the sale of 20.4 million shares. AMC also launched a refinancing of its USD 400 million 12.75% Odeon Senior Secured Notes due 2027 and its USD 2 billion term loan due 2029, expected to close in Q1 2026, aimed at simplifying its capital structure, addressing certain 2027 maturities, and reducing future cash interest costs. CEO Adam Aron said the North American box office rose about 1.5% in 2025 and cited January box office trends, while highlighting an upcoming 2026 slate including SPIDER-MAN: BRAND NEW DAY, AVENGERS: DOOMSDAY, MOANA, DUNE: PART THREE, and THE ODYSSEY.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMC Entertainment Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001411579-26-000018), on February 23, 2026, and is solely responsible for the information contained therein.