CNK · Cinemark Holdings, Inc.

Cinemark Holdings, Inc. delivered a robust first quarter 2026, achieving its strongest top-line and Adjusted EBITDA performance for a first quarter since the pandemic began. Total revenue rose 18.9% year-over-year to $643.1 million, fueled by an 18.0% increase in admissions revenue to $311.4 million and a 21.3% jump in concession revenue to $255.2 million. The company attributed the growth to diligent operational execution, an advantaged market position, and strategic initiatives, including premium large format screen expansion which generated 13% of worldwide admissions revenue. Attendance grew to 39.0 million patrons, up from 36.6 million in the prior year period, while the average ticket price increased to $7.98. Profitability improved significantly, with operating income swinging to $23.5 million from a loss of $(19.2) million in the prior year. Net loss narrowed 85% to $(6.4) million, or $(0.06) per diluted share. Adjusted EBITDA more than doubled to $88.5 million, representing a 710 basis point margin expansion. Management expressed confidence in long-term growth prospects, citing a solid financial position ending with $261.7 million in cash and a 2.6x net leverage ratio, as well as positive industry fundamentals including sustained consumer enthusiasm and a strong film slate.