IMAX Stock Reaches All-Time High As CEO Says ‘The Odyssey’ Demand ‘Continues To Defy Gravity’

Aug 03, 2026 11:13 PM - 1 hour ago 65

Topline

IMAX shares connected Monday climbed to an all-time precocious aft the large-format cinema patient announced “The Odyssey” headlined its highest-grossing period ever, pinch CEO Rich Gelfond saying request for Christopher Nolan’s flick “continues to defy gravity.”

The Christopher Nolan flick surpassed IMAX’s single-month container agency grounds by 47%.

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Key Facts

Shares of IMAX jumped 4.9% to conscionable complete $50 arsenic of Monday day aft hitting an all-time precocious of $50.72 earlier successful the session, extending a more-than 30% surge since “The Odyssey” debuted successful the U.S. connected July 17.

IMAX connected Monday reported $257 cardinal successful world container agency gross for July, its highest-grossing period successful its 50-year history, pinch $221 cardinal generated from “The Odyssey,” which the patient said became the fastest movie ever to transverse $200 cardinal successful world IMAX receipts.

Gelfond, successful a statement, praised “The Odyssey” arsenic a “singular accomplishment successful filmmaking” whose “box agency trajectory is nary little groundbreaking” and “seems intent connected shattering each IMAX container agency records successful its path.”

crucial quote

“We are each witnesser to history pinch Christopher Nolan’s ‘The Odyssey,’ which seems intent connected shattering each IMAX container agency records successful its way arsenic its travel astatine the container agency and astir the world continues,” Gelfond said. “[The film] is simply a singular accomplishment successful filmmaking and its container agency trajectory is nary little groundbreaking: it continues to defy gravity successful a measurement fewer films ever have, making it virtually intolerable to foretell really precocious it will yet soar.”

what to watch for

“The Odyssey” has yet to debut successful awesome markets China, Japan and South Korea, which could further accelerate IMAX sales.

key background

“The Odyssey,” which Nolan changeable wholly connected IMAX film, quickly became the filmmaker’s largest-ever world opening, bringing successful much than $260 cardinal successful its first weekend. Only 25 theaters successful the U.S. are tin of showing “The Odyssey” successful the coveted IMAX 70mm format, however, and showtimes to position the movie astatine its intended facet ratio sold retired respective weeks successful beforehand for immoderate locations. Tickets for the earliest screenings went connected waste 1 twelvemonth earlier its release, and arsenic the movie rolled out, immoderate IMAX theaters introduced 2 a.m. and 6 a.m. showings to meet precocious demand.

tangent

“Spider-Man: Brand New Day” pulled in $360 cardinal successful its home debut, marking the largest-ever opening play successful box-office history, up of “Avengers: Endgame.” The Marvel Studios movie already group the grounds for the largest preview haul, bringing successful $72 million, and the biggest opening time container agency astatine conscionable nether $170 million.