Imax CEO Hails 'The Odyssey' as a Game-changer Amid Rising Earnings

WHO:

Deadline - Imax CEO described "The Odyssey" as a game-changer.

Variety - Christopher Nolan is the director of "The Odyssey."

WHAT:

CNBC - Imax is projected to deliver a record $1.4 billion in global box office in 2026.

CNBC - Imax's shares jumped more than 8% following the report of "The Odyssey's" success.

CNBC - Imax's locations represented less than 1% of total screens but accounted for 20% of "The Odyssey's" worldwide debut.

CNBC - Imax installed 38 systems globally during the second quarter, up from 36 during the same period a year prior.

CNBC - Nineteen systems were installed in the first quarter of the year.

CNBC - "The Odyssey" generated $52 million in global box office for Imax over its opening weekend.

CNBC - The opening weekend of "The Odyssey" was 47% higher than Nolan's previous film, "Oppenheimer."

CNBC - "The Odyssey" secured another $11 million on Monday and $10.6 million on Tuesday, marking the best Tuesday performance of all time for Imax.

CNBC - Imax is on pace to have 160 to 175 installations by the end of 2026.

CNBC - Imax currently has a backlog of 421 contracts to build screens.

Coming Soon - The demand for IMAX 70mm screenings of "The Odyssey" has increased exponentially, leading several cinemas to host 24-hour screenings to meet the demand.

Deadline - Imax reported its most successful opening weekend ever for "The Odyssey."

Variety - Imax's revenues increased by 12% to $102.8 million during the second quarter.

Variety - Imax's net income improved by 30% to $15.9 million in the same period.

Variety - Imax recorded adjusted earnings per share of 43 cents, a 65% improvement over the prior year.

Coming Soon - "The Odyssey" broke multiple weekday box office records during its opening week.

WHERE:

Coming Soon - "The Odyssey" set new box office records at the domestic box office.

WHEN:

CNBC - Upcoming films for Imax screens include "Spider-Man: Brand New Day," "Resident Evil," "Digger," "Godzilla Minus Zero," "The Adventures of Cliff Booth," and "Dune: Part Three."

Deadline - The second quarter ended in June.

Coming Soon - "The Odyssey" had its opening week recently, with specific records set on Monday and Tuesday.

WHY:

Variety - The success of "The Odyssey" contributed to Imax's rising earnings, alongside hits like "The Super Mario Galaxy Movie" and "Michael."

HOW:

CNBC - Imax installed 38 systems globally during the second quarter, the highest number of installations in the second quarter in a decade.

Coming Soon - IMAX 70mm screenings are currently only available in 40 cinemas globally.

Deadline - Imax's performance was bolstered by the massive debut of "The Odyssey."

(UPDATED July 24, 2026 06:48 UTC)

Imax is projected to deliver a record $1.4 billion in global box office revenue in 2026, with shares jumping more than 8% following the success of "The Odyssey." Although Imax locations represent less than 1% of total screens, they accounted for an impressive 20% of the film's worldwide debut, and the company installed 38 systems globally in the second quarter, up from 36 a year earlier. Looking ahead, audiences can expect to see upcoming films on Imax screens, including "Spider-Man: Brand New Day," "Resident Evil," "Digger," "Godzilla Minus Zero," "The Adventures of Cliff Booth," and "Dune: Part Three."

(UPDATED July 23, 2026 19:25 UTC)

"Imax's latest release, 'The Odyssey,' has made a remarkable $52 million in global box office sales during its opening weekend, which is 47% higher than Christopher Nolan's previous film, 'Oppenheimer.' Following its strong debut, the film added another $11 million on Monday and $10.6 million on Tuesday, achieving the best Tuesday performance of all time for Imax. Looking ahead, Imax is on track to have between 160 and 175 installations by the end of 2026, with a current backlog of 421 contracts to build new screens."

(UPDATED July 23, 2026 18:21 UTC)

The demand for IMAX 70mm screenings of "The Odyssey" has surged dramatically, prompting several cinemas to offer 24-hour screenings to accommodate moviegoers. Currently, these special screenings are available in just 40 cinemas around the world. As interest continues to grow, theaters are working hard to meet the needs of eager fans.

(UPDATED July 23, 2026 13:26 UTC)

Imax has hailed "The Odyssey" as a game-changer, with the film achieving its most successful opening weekend ever, breaking multiple weekday box office records at the domestic box office. The impressive performance of "The Odyssey" helped boost Imax's revenues by 12% to $102.8 million in the second quarter, while net income rose by 30% to $15.9 million, leading to adjusted earnings per share of 43 cents, a remarkable 65% improvement over the previous year. Directed by Christopher Nolan, "The Odyssey" has joined the ranks of other hits like "The Super Mario Galaxy Movie" and "Michael," significantly contributing to Imax's rising earnings.