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AMC Stock Soars on Q2 Results: CEO Says ‘I Think We’ve Won That Fight’ Against At‑Home Viewing

Benzinga·07/20/2026 20:40:07
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AMC Entertainment Holdings (NYSE:AMC) stock soared on Monday on the heels of quarterly financial results. Along with the record quarterly results, AMC CEO Adam Aron is sharing positive commentary on the overall movie industry and movies for the second half of the year, which could help shares throughout the year.

AMC CEO on Q2 Results

AMC has been around for more than 100 years. On Monday, the company reported its highest quarterly revenue in company history.

This could prove to be a testament to the company’s resilience in the post-COVID world and also a result of a strong slate of movies in the second quarter and strong food and beverage revenue.

In an interview on CNBC, Aron said the company reported "record everything just about," with the keys being record revenue and EBITDA.

Taking a victory lap for the results, Aron said that there has been a lot of experimentation since the COVID-19 pandemic, but Hollywood has learned one thing.

"People love to go to movie theaters," Aron said.

Aron said movie studios continue to turn out movies designed for the big screen, which included six different films that opened to $75 million or more domestically in the second quarter.

Discussing the battle of at-home viewing, streaming and movie theaters, Aron declared victory.

"I think we’ve won that fight."

"The Odyssey" Kickstarts Q3 Results

After a record second quarter, expectations could be high for AMC for the third and fourth quarters.

Aron is confident in the company’s lineup of films, which includes the recent opening of "The Odyssey" and the upcoming Spider-Man, Avengers and Dune films.

"The Odyssey" opened with $124 million domestically this past weekend. AMC announced Monday that it had 4.3 million guests in movie theaters globally during the weekend.

Aron said a third of the guests were seeing movies other than "The Odyssey."

AMC has been a popular stock in the past, but often times hurt by its own dilution. A strong second quarter could set the company up for a strong 2026 with the pipeline of blockbuster films looking strong.

AMC Stock Price Action

AMC stock was up 26.8% to $2.46 on Monday versus a 52-week trading range of $0.93 to $3.60. AMC stock is up 50.3% year-to-date in 2026.

Photo Courtesy: rblfmr on Shutterstock.com