AMC Hits 106-Year Revenue Record as Spider-Man Draws 10.2M Moviegoers

AMC Entertainment set a company record for weekend revenue from Wednesday through Sunday, driven by Spider-Man: Brand New Day’s massive $927 million global opening. More than 10.2 million moviegoers attended AMC theatres in the US and ODEON Cinemas internationally, generating new all-time highs for admissions and food and beverage sales. The performance marks the strongest theatrical weekend in the company’s 106-year history and signals sustained demand for premium cinema experiences.

Spider-Man’s Record-Breaking Debut Powers AMC

Spider-Man: Brand New Day opened to $355 million domestically and $927 million globally, making it the second-largest opening weekend for any film in history. The film debuted Wednesday at ODEON Cinemas internationally and Thursday at domestic AMC theatres. CEO Adam Aron noted this marks the ninth blockbuster opening since March 2026, demonstrating that audiences embrace theatrical releases when studios deliver compelling films with strong marketing support.

Premium Formats Drive Highest Admissions Revenue

Thursday through Sunday each set new single-day admissions revenue records for their respective weekdays. Spider-Man performed exceptionally in premium formats, helping drive the highest weekend admissions revenue ever recorded for Dolby Cinema at AMC locations. The company also surpassed its previous food and beverage revenue record, which had stood since Avengers: Endgame’s opening weekend in 2019.

IMAX Screens Keep Drawing Crowds

Christopher Nolan’s The Odyssey continued driving strong theatre traffic, particularly on IMAX screens. AMC’s Lincoln Square 13 location in New York operated around-the-clock IMAX 70mm screenings for the third consecutive weekend, underscoring sustained demand for premium large-format experiences. The combined performance of both films helped drive the highest-grossing weekend at the domestic box office in industry history based on admissions revenue.

Stock Momentum Reflects Operational Turnaround

AMC shares rose more than 9% in pre-market trading on Monday following the announcement. The stock has climbed 63.8% over the past month and 82.7% year-to-date, reflecting improved operations and lower debt that prompted an S&P credit upgrade. Meyka rates the stock B+ with a buy suggestion, though analysts remain mixed with three buy ratings, one hold, and one sell, reflecting ongoing concerns about the company’s capital structure despite operational gains.

Final Thoughts

AMC’s record weekend demonstrates that theatrical exhibition remains viable when studios release major tentpole films. With the stock up 63.8% this month and premium-format demand strong, the company’s operational turnaround is gaining traction, though debt levels and negative earnings remain structural headwinds investors must weigh.

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