AMC FY 2025 net loss widens to USD 632.4 million (79.4%)

AMC reported FY 2025 total revenues of USD 4.85 billion (+4.6%), driven by admissions revenue of USD 2.65 billion (+3.6%), food and beverage revenue of USD 1.67 billion (+2.9%) and other theatre revenue of USD 524.8 million (+16.2%). Attendance was 219.41 million patrons and the average ticket price rose 5.9%. Adjusted EBITDA was USD 387.5 million, while net loss was USD 632.4 million. Cash and cash equivalents were USD 428.5 million at December 31, 2025, and net cash used in operating activities was USD 119.8 million in FY 2025. For corporate updates, AMC highlighted 2025 refinancing activity, including issuance of USD 857.0 million New 2029 Notes in exchange for USD 590.0 million of existing 7.5% notes plus USD 244.4 million of new money, and issuance of USD 194.4 million New Exchangeable Notes in exchange for existing exchangeable notes (with USD 39.9 million later cancelled via a downward adjustment feature). Stockholders also approved an increase in authorized common shares to 1.1 billion. AMC also amended its NCM exhibitor services agreement, extending the term through February 13, 2042 and updating the discount rate used for the significant financing component to 16.12%. In equity funding, AMC received USD 108.7 million of initial gross cash proceeds tied to forward positions for 30.0 million shares and raised USD 63.0 million of gross proceeds from at-the-market share sales (17.1 million shares) in FY 2025.

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: 0001411579-26-000016), on February 23, 2026, and is solely responsible for the information contained therein.