AMC Entertainment just did something it hasn’t managed in over a century of existence: it posted the best quarterly revenue in company history. The theater chain reported $1.5967 billion in Q2 2026 revenue, a 14.2% jump from the same period last year, and shares responded by rocketing roughly 26%.
Look, a company that spent much of the pandemic era as the poster child for meme stock chaos just delivered adjusted earnings per share of $0.14. Wall Street had expected a loss of $0.06. That’s a swing worth paying attention to.
The numbers behind AMC’s blockbuster quarter
The headline figure is impressive, but the profitability metrics tell an even more compelling story. AMC’s adjusted EBITDA hit $321.4 million, a 69.6% increase year-over-year. That marks the first time in the company’s 106-year history that quarterly EBITDA crossed the $300 million threshold.
Revenue of nearly $1.6 billion blew past analyst consensus estimates of around $1.47 billion. Shares climbed more than 16% in premarket trading before the broader session pushed the total gain to approximately 26%.
