Cinemark披露二季度收入和调整后EBITDA创历史新高

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 30, 2026
CINEMARK HOLDINGS, INC.
(Exact name of Registrant as Specified in Its Charter)
Delaware
001-33401
20-5490327
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
3900 Dallas Parkway
Plano
,
Texas
75093
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s Telephone Number, Including Area Code:
972
665-1000
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
CNK
The New York Stock Exchange Texas
Common Stock, par value $0.001 per share
CNK
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 2.02 Results of Operations and Financial Condition.
On July 30, 2026, we announced our financial results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Use of Website to Distribute Material Company Information
We use our Investor Relations website as a means of disclosing material non-public information and for the purpose of complying with our disclosure obligations under Regulation FD. Therefore, we encourage investors, the media and others to review the information we post at
https://ir.cinemark.com
.
Item 7.01 Regulation FD Disclosure.
On July 30, 2026, we announced our financial results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
.
Exhibit
No.
Exhibit Description
99.1
Earnings press release dated July 30, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
The information furnished pursuant to Items 2.02 and 7.01 of this Current Report on Form 8-K, including the exhibits, shall not be deemed to be incorporated by reference into any of our filings with the SEC under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing, and shall not be deemed to be “filed” with the SEC under the Securities Exchange Act of 1934, as amended.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CINEMARK HOLDINGS, INC.
Date: July 30, 2026
By:
/s/ Michael D. Cavalier
Name:
Michael D. Cavalier
Title:
Executive Vice President - General Counsel

----- EXHIBIT -----

EX-99.1
2
cnk-ex99_1.htm
EX-99.1
EX-99.1
Exhibit 99.1
CINEMARK HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
Generated all-time high quarterly revenue of $1.1 billion with records across all major revenue categories
Delivered Net Income of $141 million, an increase of nearly 50% year-over-year
Achieved our highest quarterly Adjusted EBITDA in Company history of $294 million,
with a record second quarter Adjusted EBITDA margin of 27.1%
Plano, TX, July 30, 2026 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and six months ended June 30, 2026.
“We are thrilled to report that Cinemark delivered historic results in the second quarter with all-time quarterly highs in revenue and Adjusted EBITDA, both domestically and internationally. Our achievements reflect the significant progress we’ve made enhancing our consumer offerings, scaling revenue opportunities and further optimizing our business, combined with the impact of solid operating rigor in a robust box office environment.” stated Sean Gamble, Cinemark’s President and Chief Executive Officer. “We commend our sensational team for their outstanding execution, and we applaud our studio partners for delivering such a fulsome and compelling slate of films that meaningfully connected with audiences throughout the quarter.”
Q2 2026 Earnings Highlights
•
Entertained 64 million moviegoers across our global footprint that spans 14 countries.
•
Domestic box office results surpassed North American industry growth by over 200 basis points year-over-year; international admissions outpaced comparable industry benchmarks by 500 basis points year-over-year.
•
Sustained our sizable market share gains of more than 150 basis points since the pandemic in both the U.S. and Latin America, representing the most significant gains of all major exhibitors.
•
Achieved record-setting results throughout our business:
o
Exceeded $1 billion total revenue milestone for the first time ever with $1.1 billion in total revenue.
o
Generated record-level quarterly admissions revenue of $540 million worldwide.
o
Delivered all-time high quarterly concession revenue of $433 million worldwide.
o
Achieved our highest quarterly Adjusted EBITDA of all-time with $294 million.
o
Reported highest second quarter Adjusted EBITDA margin of 27.1% that trailed our all-time quarterly record set in the first quarter of 2017 by only 10 basis points.
•
Successfully repriced our term loan, reducing interest rate 25 basis points with $1.6 million in annual cash interest savings.
•
Reported Net Income of $139 million, or $1.19 diluted earnings per share, attributable to Cinemark Holdings, Inc.
•
Generated $360 million of cash from operations and $298 million of free cash flow; ended the quarter with a cash balance of $504 million and net leverage ratio of 2.0x.
•
Returned $36 million of capital to shareholders, including $25 million of share repurchases and $11 million of dividends.
1
Financial Results
Cinemark Holdings, Inc.’s total revenue for the three months ended June 30, 2026 increased 15.5% to $1,086.4 million compared with $940.5 million for the three months ended June 30, 2025. For the three months ended June 30, 2026, admissions revenue was $540.0 million while concession revenue was $433.3 million, with attendance of 63.7 million patrons. Worldwide average ticket price was $8.48 and concession revenue per patron was $6.80.
Net income attributable to Cinemark Holdings, Inc. for the three months ended June 30, 2026 was $139.4 million compared with $93.5 million for the three months ended June 30, 2025. Diluted earnings per share for the three months ended June 30, 2026 was $1.19 compared with $0.63 for the three months ended June 30, 2025.
Adjusted EBITDA for the three months ended June 30, 2026 was $294.0 million compared with $232.2 million for the three months ended June 30, 2025. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release and at
https://ir.cinemark.com
.
Cinemark Holdings, Inc.’s total revenue for the six months ended June 30, 2026 increased 16.8% to $1,729.5 million compared with $1,481.2 million for the six months ended June 30, 2025. For the six months ended June 30, 2026, admissions revenue was $851.4 million while concession revenue was $688.5 million, with attendance of 102.7 million patrons. Worldwide average ticket price was $8.29 and concession revenue per patron was $6.70.
Net income attributable to Cinemark Holdings, Inc. for the six months ended June 30, 2026 was $133.0 million compared with $54.6 million for the six months ended June 30, 2025. Diluted earnings per share for the six months ended June 30, 2026 was $1.13 compared with $0.38 for the six months ended June 30, 2025.
Adjusted EBITDA for the six months ended June 30, 2026 was $382.5 million compared with $268.6 million for the six months ended June 30, 2025. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release and at
https://ir.cinemark.com
.
Prepared Earnings Remarks and Conference Call Information
In conjunction with this release, Cinemark will post an earnings executive commentary at
https://ir.cinemark.com
and will host a live webcast today at 8:30 am ET.
To access the webcast go to
https://event.choruscall.com/mediaframe/webcast.html?webcastid=PQdrLCpN
. A replay will be available following the call and archived for a limited time.
About Cinemark Holdings, Inc.
Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across nearly 500 theaters and more than 5,500 screens, operating in 42 states in the U.S. (301 theaters; 4,219 screens) and 13 South and Central American countries (194 theaters; 1,401 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world’s No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information go to
https://ir.cinemark.com
.
Investor Relations Contact
:
Chanda Brashears – 972-665-1671 or cbrashears@cinemark.com
Media Contact:
Julia McCartha – 972-665-1322 or pr@cinemark.com
2
Forward-looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on information currently available as well as management’s assumptions and beliefs today. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the statements, and investors should not place undue reliance on them. Risks and uncertainties that could cause actual results to differ materially from such statements include:
•
future revenue, expenses and profitability;
•
currency exchange rate and inflationary impacts;
•
general economic conditions in the United States and internationally;
•
the future development and expected growth of our business;
•
projected capital expenditures;
•
access to capital resources;
•
attendance at movies generally or in any of the markets in which we operate;
•
the number and diversity of popular movies released, the length of exclusive theatrical release windows, and our ability to successfully license and exhibit popular films;
•
national and international growth in our industry;
•
competition from other exhibitors, alternative forms of entertainment and content delivery via streaming and other formats;
•
changes in legislation, government regulations or policies that affect our operations;
•
determinations in lawsuits in which we are a party; and
•
extraordinary events beyond our control, such as conflicts, wars, natural disasters, public health crises, labor strikes, or terrorist acts.
You can identify forward-looking statements by the use of words such as “may,” “should,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future” and “intends” and similar expressions which are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict. Such risks and uncertainties could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. In evaluating forward-looking statements, you should carefully consider the risks and uncertainties described in the “Risk Factors” section or other sections in the Company's Annual Report on Form 10-K filed February 18, 2026. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements and risk factors. Forward-looking statements contained in this press release reflect our view only as of the date of this press release. We undertake no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
3
Cinemark Holdings, Inc.
Financial and Operating Summary
(unaudited, in millions, except per share amounts)
Three Months Ended
Six Months Ended
June 30,
June 30,
2026
2025
2026
2025
Statement of income data:
Revenue
Admissions
$
540.0
$
467.1
$
851.4
$
731.2
Concession
433.3
377.7
688.5
588.1
Other
113.1
95.7
189.6
161.9
Total revenue
$
1,086.4
$
940.5
$
1,729.5
$
1,481.2
Cost of operations
Film rentals and advertising
311.9
270.8
481.6
412.2
Concession supplies
82.0
73.1
130.5
117.4
Salaries and wages
116.6
109.4
211.0
199.7
Facility lease expense
89.0
82.9
169.9
161.2
Utilities and other
136.7
124.7
251.4
230.4
General and administrative expenses
62.8
54.1
118.9
108.6
Depreciation and amortization
51.6
49.4
103.2
98.9
Impairment of long-lived and other assets
—
1.6
—
1.6
Loss (gain) on disposal of assets and other
2.8
1.0
6.5
(3.1
)
Total cost of operations
853.4
767.0
1,473.0
1,326.9
Operating income
233.0
173.5
256.5
154.3
Other income (expense)
Interest expense
(31.3
)
(39.4
)
(66.0
)
(77.9
)
Loss on debt amendments and extinguishments
(2.8
)
(1.5
)
(2.8
)
(1.5
)
Other income, net
4.3
4.6
5.7
9.0
Income before income taxes
203.2
137.2
193.4
83.9
Income tax expense
62.4
42.5
58.4
27.8
Net income
$
140.8
$
94.7
$
135.0
$
56.1
Less: Net income attributable to noncontrolling interests
1.4
1.2
2.0
1.5
Net income attributable to Cinemark Holdings, Inc.
$
139.4
$
93.5
$
133.0
$
54.6
Net income per share attributable to Cinemark Holdings, Inc.'s common stockholders
Basic
$
1.20
$
0.81
$
1.14
$
0.46
Diluted
$
1.19
$
0.63
$
1.13
$
0.38
Weighted average shares outstanding
Basic
115.2
113.5
115.0
116.4
Diluted
116.4
149.1
116.6
155.0
4
Other Operating Data
(unaudited, in millions)
As of
June 30, 2026
December 31, 2025
Balance sheet data:
Cash and cash equivalents
$
504.3
$
344.3
Theater properties and equipment, net
$
1,169.2
$
1,175.8
Total assets
$
4,553.6
$
4,433.9
Total long-term debt, net of unamortized debt issuance costs and original issue discount
$
1,876.8
$
1,875.6
Total equity
$
505.1
$
413.8
Six Months Ended June 30,
2026
2025
Cash flows provided by (used for):
Operating activities
(1)
$
339.7
$
156.8
Investing activities
$
(99.1
)
$
(45.2
)
Financing activities
$
(80.7
)
$
(246.3
)
(1)
We define free cash flow as cash flows provided by operating activities less capital expenditures. A reconciliation of cash flows provided by operating activities to free cash flow is provided below:
Six Months Ended June 30,
2026
2025
Reconciliation of free cash flow:
Cash flows provided by operating activities
$
339.7
$
156.8
Less: capital expenditures
99.3
52.2
Free cash flow
$
240.4
$
104.6
Segment Information
(unaudited, in millions, except per patron data)
U.S. Reportable Segment
International Reportable Segment
Consolidated
Three Months Ended June 30,
Three Months Ended June 30,
Three Months Ended June 30,
Revenue and Attendance
2026
2025
2026
2025
Constant
Currency
(1)
2026
2026
2025
Admissions revenue
$
434.4
$
383.4
$
105.6
$
83.7
$
102.9
$
540.0
$
467.1
Concession revenue
348.9
307.6
84.4
70.1
81.7
433.3
377.7
Other revenue
76.7
68.3
36.4
27.4
35.5
113.1
95.7
Total revenue
$
860.0
$
759.3
$
226.4
$
181.2
$
220.1
$
1,086.4
$
940.5
Attendance
40.1
36.9
23.6
21.0
63.7
57.9
Average ticket price
$
10.83
$
10.39
$
4.47
$
3.99
$
4.36
$
8.48
$
8.07
Concession revenue per patron
$
8.70
$
8.34
$
3.58
$
3.34
$
3.46
$
6.80
$
6.52
Cost of Operations
Film rentals and advertising
$
258.4
$
227.7
$
53.5
$
43.1
$
52.2
$
311.9
$
270.8
Concession supplies
$
62.6
$
57.0
$
19.4
$
16.1
$
18.7
$
82.0
$
73.1
Salaries and wages
$
95.0
$
90.9
$
21.6
$
18.5
$
21.1
$
116.6
$
109.4
Facility lease expense
$
63.5
$
62.2
$
25.5
$
20.7
$
24.4
$
89.0
$
82.9
Utilities and other
$
104.5
$
97.7
$
32.2
$
27.0
$
31.4
$
136.7
$
124.7
U.S. Reportable Segment
International Reportable Segment
Consolidated
Six Months Ended June 30,
Six Months Ended June 30,
Six Months Ended June 30,
Revenue and Attendance
2026
2025
2026
2025
Constant
Currency
(1)
2026
2026
2025
Admissions revenue
$
688.2
$
591.0
$
163.2
$
140.2
$
160.2
$
851.4
$
731.2
Concession revenue
555.7
472.0
132.8
116.1
129.4
688.5
588.1
Other revenue
130.8
113.4
58.8
48.5
58.2
189.6
161.9
Total revenue
$
1,374.7
$
1,176.4
$
354.8
$
304.8
$
347.8
$
1,729.5
$
1,481.2
Attendance
64.2
57.5
38.5
37.0
102.7
94.5
Average ticket price
$
10.72
$
10.28
$
4.24
$
3.79
$
4.16
$
8.29
$
7.74
Concession revenue per patron
$
8.66
$
8.21
$
3.45
$
3.14
$
3.36
$
6.70
$
6.22
Cost of Operations
Film rentals and advertising
$
399.3
$
340.9
$
82.3
$
71.3
$
81.0
$
481.6
$
412.2
Concession supplies
$
100.4
$
90.8
$
30.1
$
26.6
$
29.2
$
130.5
$
117.4
Salaries and wages
$
172.2
$
165.5
$
38.8
$
34.2
$
38.2
$
211.0
$
199.7
Facility lease expense
$
125.8
$
122.4
$
44.1
$
38.8
$
42.3
$
169.9
$
161.2
Utilities and other
$
193.3
$
179.5
$
58.1
$
50.9
$
57.2
$
251.4
$
230.4
(1) Constant currency amounts, which are non-GAAP measurements, were calculated using the average exchange rate for the corresponding month for 2025. We translate the results of our international reportable segment from local currencies into U.S. dollars using currency rates in effect at different points in time in accordance with U.S. GAAP. Significant changes in foreign currency exchange rates from one period to the next can result in meaningful variations in reported results. We are providing constant currency amounts for our international reportable segment to present a period-to-period comparison of business performance that excludes the impact of foreign currency fluctuations.
5
Other Segment Information
(unaudited, in millions)
Three Months Ended
Six Months Ended
June 30,
June 30,
2026
2025
2026
2025
Adjusted EBITDA
(1)
U.S.
$
234.0
$
188.1
$
308.7
$
208.1
International
60.0
44.1
73.8
60.5
Total Adjusted EBITDA
(1)
$
294.0
$
232.2
$
382.5
$
268.6
Capital expenditures
U.S.
$
48.7
$
25.0
$
77.6
$
41.9
International
12.9
5.1
21.7
10.3
Total capital expenditures
$
61.6
$
30.1
$
99.3
$
52.2
(1)
Adjusted EBITDA represents net income before income taxes, depreciation and amortization expense and other items, as calculated below. Adjusted EBITDA is a non-GAAP financial measure commonly used in our industry and should not be construed as an alternative to net income as an indicator of operating performance or as an alternative to cash flow provided by operating activities as a measure of liquidity (as determined in accordance with GAAP). Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. We have included Adjusted EBITDA because we believe it provides management and investors with additional information to measure our performance and liquidity, estimate our value and evaluate our ability to service debt. In addition, we use Adjusted EBITDA for incentive compensation purposes. A reconciliation of net income to Adjusted EBITDA is provided below.
Reconciliation of Adjusted EBITDA
(unaudited, in millions)
Three Months Ended
Six Months Ended
June 30,
June 30,
2026
2025
2026
2025
Net income
$
140.8
$
94.7
$
135.0
$
56.1
Add (deduct):
Income tax expense
62.4
42.5
58.4
27.8
Interest expense
(1)
31.3
39.4
66.0
77.9
Other income, net
(4.3
)
(4.6
)
(5.7
)
(9.0
)
Cash distributions from equity investees
(2)
0.4
1.9
4.3
6.7
Depreciation and amortization
51.6
49.4
103.2
98.9
Impairment of long-lived and other assets
—
1.6
—
1.6
Gain on disposal of assets and other
2.8
1.0
6.5
(3.1
)
Loss on debt amendments and extinguishments
2.8
1.5
2.8
1.5
Non-cash rent expense
(2.7
)
(2.8
)
(5.6
)
(5.6
)
Share-based awards compensation expense
(3)
8.9
7.6
17.6
15.8
Adjusted EBITDA
$
294.0
$
232.2
$
382.5
$
268.6
(1)
Includes amortization of debt issuance costs, amortization of original issue discount and amortization of accumulated losses for amended swap agreements.
(2)
Reflects cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. These distributions are reported entirely within the U.S. reportable segment.
(3)
Non-cash expense included in general and administrative expenses.
6