Revenue: As of FY2025, the actual value is USD 3.115 B, beating the estimate of USD 3.114 B.EPS: As of FY2025, the actual value is USD 1.04, missing the estimate of USD 1.1317.EBIT: As of FY2025, the actual value is USD 436.8 M.<h4>Full Year 2025 Highlights</h4>Cinemark Holdings, Inc. (喜满客影城) achieved its highest post-pandemic revenue of $3.1 billion for fiscal year 2025, reporting a net income of $141 million and Adjusted EBITDA of $578 million with an 18.6% Adjusted EBITDA margin. The company returned $315 million to shareholders through dividends and share repurchases, and reinvested $219 million in capital expenditures. Cash generated from operating activities was $396 million, with free cash flow at $177 million. The company ended the year with a cash balance of $344 million and extinguished all remaining COVID-related debt by effectively settling convertible notes and associated warrants.<h4>Consolidated Financial Performance (Three Months Ended December 31)</h4>Total revenue for the three months ended December 31, 2025, decreased by 4.7% to $776.3 million, compared to $814.3 million in the prior year period. Admissions revenue was $383.8 million, and concession revenue was $302.4 million. Net income attributable to Cinemark Holdings, Inc. (喜满客影城) was $34.1 million, down from $51.3 million in 2024. Adjusted EBITDA was $131.7 million, compared to $156.9 million in the same period of 2024.<h4>Consolidated Financial Performance (Twelve Months Ended December 31)</h4>Total revenue increased by 2.1% to $3,115.0 million for the twelve months ended December 31, 2025, up from $3,049.5 million in 2024. Admissions revenue was $1,544.7 million, and concession revenue reached $1,227.2 million. Net income attributable to Cinemark Holdings, Inc. (喜满客影城) was $138.2 million, a decrease from $309.7 million in 2024. Adjusted EBITDA was $577.9 million, slightly down from $590.2 million in 2024.<h4>Operational Metrics</h4><ul><li>Attendance: Cinemark Holdings, Inc. (喜满客影城) entertained over 44 million moviegoers during Q4 2025 and 193 million for the full year 2025. Worldwide attendance for the twelve months ended December 31, 2025, was 193.0 million patrons, down from 201.1 million in 2024.</li><li>Average Ticket Price: The worldwide average ticket price was $8.66 for Q4 2025 and $8.00 for FY 2025.</li><li>Concession Revenue per Patron: Concession revenue per patron was $6.83 for Q4 2025 and $6.36 for FY 2025.</li><li>Loyalty Program: Movie Club membership grew over 5% year-over-year to over 1.45 million members, contributing 30% of full-year domestic admissions revenue.</li></ul><h4>Cost of Operations (Twelve Months Ended December 31)</h4>Total cost of operations was $2,781.8 million in 2025, compared to $2,690.2 million in 2024. Film rentals and advertising: $877.0 million in 2025, compared to $859.6 million in 2024. Concession supplies: $240.5 million in 2025, compared to $225.4 million in 2024. Salaries and wages: $411.1 million in 2025, compared to $401.8 million in 2024. Facility lease expense: $321.8 million in 2025, compared to $325.3 million in 2024. Utilities and other: $484.8 million in 2025, compared to $459.4 million in 2024. General and administrative expenses: $236.1 million in 2025, compared to $218.1 million in 2024. Depreciation and amortization: $201.9 million in 2025, compared to $197.5 million in 2024. Impairment of long-lived and other assets: $6.5 million in 2025, compared to $1.5 million in 2024. Loss (gain) on disposal of assets and other: $2.1 million in 2025, compared to $1.6 million in 2024.<h4>Operating Income (Twelve Months Ended December 31)</h4>Operating income was $333.2 million in 2025, down from $359.3 million in 2024.<h4>Other Income (Expense) (Twelve Months Ended December 31)</h4><ul><li>Interest expense: -$142.3 million in 2025, compared to -$144.0 million in 2024.</li><li>Interest income: $38.7 million in 2025, compared to $53.2 million in 2024.</li><li>Loss on debt amendments and extinguishments: -$1.5 million in 2025, compared to -$6.9 million in 2024.</li><li>Loss on warrants: -$39.3 million in 2025, compared to $0 in 2024.</li><li>Foreign currency exchange and other related loss: -$9.8 million in 2025, compared to -$9.7 million in 2024.</li><li>Distributions from NCMI/NCM: $1.7 million in 2025, compared to $0 in 2024.</li><li>Interest expense - NCM: -$21.3 million in 2025, compared to -$22.0 million in 2024.</li><li>Equity in income of affiliates: $6.6 million in 2025, compared to $11.9 million in 2024.</li><li>Net loss on investment in NCMI: -$12.1 million in 2025, compared to $11.0 million gain in 2024.</li></ul><h4>Income and Tax (Twelve Months Ended December 31)</h4><ul><li>Income before income taxes: $153.9 million in 2025, compared to $252.8 million in 2024.</li><li>Income tax expense (benefit): $12.4 million in 2025, compared to -$60.1 million benefit in 2024.</li><li>Net income: $141.5 million in 2025, compared to $312.9 million in 2024.</li><li>Net income attributable to noncontrolling interests: $3.3 million in 2025, compared to $3.2 million in 2024.</li></ul><h4>Balance Sheet Data (As of December 31)</h4><ul><li>Cash and cash equivalents: $344.3 million in 2025, compared to $1,057.3 million in 2024.</li><li>Theater properties and equipment, net: $1,175.8 million in 2025, compared to $1,145.1 million in 2024.</li><li>Total assets: $4,433.9 million in 2025, compared to $5,067.0 million in 2024.</li><li>Long-term debt, net of unamortized debt issuance costs and original issue discount: $1,875.6 million in 2025, compared to $2,334.7 million in 2024.</li><li>Total equity: $413.8 million in 2025, compared to $603.4 million in 2024.</li></ul><h4>Cash Flows (Twelve Months Ended December 31)</h4><ul><li>Cash flows provided by operating activities: $396.1 million in 2025, compared to $466.0 million in 2024.</li><li>Cash flows used for investing activities: -$209.2 million in 2025, compared to -$146.9 million in 2024.</li><li>Cash flows used for financing activities: -$913.1 million in 2025, compared to -$103.1 million in 2024.</li><li>Capital expenditures: $218.9 million in 2025, compared to $150.8 million in 2024.</li><li>Free cash flow: $177.2 million in 2025, compared to $315.2 million in 2024.</li></ul><h4>Segment Information (Twelve Months Ended December 31, 2025)</h4><ul><li>U.S. Reportable Segment Revenue: Admissions revenue was $1,266.0 million, concession revenue was $998.2 million, and other revenue was $238.0 million, totaling $2,502.2 million.</li><li>International Reportable Segment Revenue: Admissions revenue was $278.7 million, concession revenue was $229.0 million, and other revenue was $105.1 million, totaling $612.8 million.</li><li>U.S. Adjusted EBITDA: $462.0 million in 2025, compared to $466.6 million in 2024.</li><li>International Adjusted EBITDA: $115.9 million in 2025, compared to $123.6 million in 2024.</li><li>U.S. Capital Expenditures: $161.4 million in 2025, compared to $109.1 million in 2024.</li><li>International Capital Expenditures: $57.5 million in 2025, compared to $41.7 million in 2024.</li></ul>

Cinemark | 8-K: FY2025 Revenue Beats Estimate at USD 3.115 B