v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table Total for PEO(1)
Compensation Actually Paid ("CAP") to PEO(2)
Average Summary Compensation Table Total for Non-PEO NEOs(1)
Average Compensation Actually Paid to Non-PEO NEOs(2)
Value of Initial Fixed $100 Investment Based On:
Net Income (Loss) (millions)(4)
Total Adjusted EBITDA (millions)(5)
TSR
Peer Group TSR(3)
2025$8,655,929$21,460,615$2,321,421$4,530,276$205.1$65.8$34.9$184.9
2024$7,981,811$20,436,937$2,140,666$3,899,727$142.1$74.6$26.1$138.9
2023$8,728,635$9,444,922$2,285,243$2,378,593$83.4$71.0$25.3$144.0
2022$8,038,004$5,845,194$2,065,369$1,578,025$81.4$108.1$(22.8)$95.7
2021$9,081,442$9,581,484$2,623,371$1,838,719$99.0$131.5$(22.3)$88.7
       
Company Selected Measure Name Adjusted EBITDA        
Named Executive Officers, Footnote The PEO for the covered years is Richard L. Gelfond. Our non-PEO NEOs for the covered years are as follows:
20212022202320242025
Patrick McClymontNatasha FernandesNatasha FernandesNatasha FernandesNatasha Fernandes
Joseph Sparacio Joseph Sparacio Daniel ManwaringAnne GlobeAnne Globe
Megan ColliganMegan ColliganRobert D. ListerRobert D. ListerRobert D. Lister
Robert D. Lister Robert D. Lister Mark WeltonMark WeltonMark Welton
Mark Welton
       
Peer Group Issuers, Footnote Represents the total cumulative shareholder return for $100 invested on December 31, 2020 (assuming that all dividends were reinvested) in common shares of the Company against the cumulative total return of the IMAX Peer Group to the end of the most recently completed fiscal year. The 2025 IMAX Peer Group consists of Ambarella, Inc., Cinemark Holdings, Inc., Cineplex Inc., Corsair Gaming, Inc., Dolby Laboratories, Inc., fuboTV Inc., Harmonic Inc., Knowles Corporation, The Marcus Corporation, WildBrain Ltd., and Xperi Inc. (the “2025 Peer Group”). IMAX’s 2024 peer group consists of Ambarella, Inc., Cinemark Holdings, Inc., Cineplex Inc., Corsair Gaming Inc., Dolby Laboratories, Inc., fuboTV Inc, Harmonic Inc., Knowles Corporation, Lions Gate Entertainment Corp., The Marcus Corporation, WildBrain Ltd., and Xperi Holding Corporation (the “2024 Peer Group”), which is consistent from the peer group used in 2023. IMAX’s 2022 peer group consisted of Ambarella, Inc., Avid Technologies, Inc., Cinemark Holdings, Inc., Cineplex Inc., Dolby Laboratories, Inc., Harmonic Inc., Lions Gate Entertainment Corp., The Marcus Corporation, and World Wrestling Entertainment, Inc. (the 2022 Peer Group). IMAX’s 2021 peer group consisted of the 2022 Peer Group and Zynga Inc. Avid Technologies, Inc. and World Wrestling Entertainment, Inc. were excluded starting 2023 due to their acquisitions.        
PEO Total Compensation Amount $ 8,655,929 $ 7,981,811 $ 8,728,635 $ 8,038,004 $ 9,081,442
PEO Actually Paid Compensation Amount $ 21,460,615 20,436,937 9,444,922 5,845,194 9,581,484
Adjustment To PEO Compensation, Footnote The following adjustments relating to equity awards were made to total compensation for each year to determine CAP:
YearValue of Equity Awards Disclosed in the Summary Compensation TableYear End Value of Equity Awards Granted During the Covered YearChange in Fair Value of Outstanding and Unvested Equity AwardsChange in Fair Value of Awards Granted in Prior Years Vesting During the Covered YearValue of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered YearTotal Equity Award Adjustments
2025
PEO$(5,499,951)$10,273,849$8,227,636$(196,848)$0$12,804,686
Average non-PEO NEO
$(1,143,743)$2,127,170$1,244,870$(19,442)$0$2,208,855

Fair values of equity awards set forth in the table above are computed in accordance with FASB ASC Topic 718 as of the end of the respective fiscal year, other than fair values of equity awards that vest in the covered year, which are valued as of the applicable vesting date. The amounts in the “Year End Value of Equity Awards Granted During the Covered Year” and “Change in Fair Value of Outstanding and Unvested Equity Awards” reflect the 44.4% increase in the Company’s total shareholder return in 2025.
       
Non-PEO NEO Average Total Compensation Amount $ 2,321,421 2,140,666 2,285,243 2,065,369 2,623,371
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,530,276 3,899,727 2,378,593 1,578,025 1,838,719
Adjustment to Non-PEO NEO Compensation Footnote The following adjustments relating to equity awards were made to total compensation for each year to determine CAP:
YearValue of Equity Awards Disclosed in the Summary Compensation TableYear End Value of Equity Awards Granted During the Covered YearChange in Fair Value of Outstanding and Unvested Equity AwardsChange in Fair Value of Awards Granted in Prior Years Vesting During the Covered YearValue of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered YearTotal Equity Award Adjustments
2025
PEO$(5,499,951)$10,273,849$8,227,636$(196,848)$0$12,804,686
Average non-PEO NEO
$(1,143,743)$2,127,170$1,244,870$(19,442)$0$2,208,855
       
Compensation Actually Paid vs. Total Shareholder Return
The following graphs depict the relationship between CAP and IMAX TSR, Peer Group TSR, Total Adjusted EBITDA(1), and Net Income.
11544872096725
       
Compensation Actually Paid vs. Net Income
11544872096753
(1)Total Adjusted EBITDA is a non-GAAP financial measure. Please see “Non-GAAP Measures” on page 76 for a reconciliation of all non-GAAP measures to the most directly comparable GAAP measure and a description of how the non-GAAP numbers are calculated from our audited financial statements.
       
Total Shareholder Return Vs Peer Group
The following graphs depict the relationship between CAP and IMAX TSR, Peer Group TSR, Total Adjusted EBITDA(1), and Net Income.
11544872096725
       
Tabular List, Table Adjusted EPS
Installations

Signings

Total Adjusted EBITDA Growth

Total Adjusted EBITDA Margin

Total Revenue
       
Total Shareholder Return Amount $ 205.1 142.1 83.4 81.4 99.0
Peer Group Total Shareholder Return Amount 65.8 74.6 71.0 108.1 131.5
Net Income (Loss) 34,900,000 26,100,000 25,300,000 (22,800,000) (22,300,000)
Adjustment to Compensation, Amount $ 184,900,000 $ 138,900,000 $ 144,000,000.0 $ 95,700,000 $ 88,700,000
PEO Name Richard L. Gelfond        
Additional 402(v) Disclosure The dollar amounts reported represent the amount of net income attributable to common shareholders reflected in the Company’s audited financial statements for the applicable year (GAAP Net Income).        
Measure:: 1          
Pay vs Performance Disclosure          
Name •Adjusted EPS        
Non-GAAP Measure Description Based on the Company assessment, Total Adjusted EBITDA is the financial performance measure most closely linked to the calculation of CAP. Total Adjusted EBITDA is a non-GAAP Financial Measure. See Non-GAAP Financial Measures on page 76 for a reconciliation of all non-GAAP measurements to the most directly comparable GAAP measure and a description of how the non-GAAP numbers are calculated from our audited financial statements.        
Measure:: 2          
Pay vs Performance Disclosure          
Name Installations        
Measure:: 3          
Pay vs Performance Disclosure          
Name Signings        
Measure:: 4          
Pay vs Performance Disclosure          
Name Total Adjusted EBITDA Growth        
Measure:: 5          
Pay vs Performance Disclosure          
Name Total Adjusted EBITDA Margin        
Measure:: 6          
Pay vs Performance Disclosure          
Name Total Revenue        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 12,804,686        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,499,951)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 10,273,849        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,227,636        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (196,848)        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,208,855        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,143,743)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,127,170        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,244,870        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (19,442)        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0