The lack of winter blockbusters sets AMC Theater's quarterly revenue apart.

With box office difficult start in 2025, this period was the box office like "Mickey 17", "Snow White" and "Alto Knights", and the losses of the world's largest film operator expanded to $202.1 million. It was a dull financial situation, and it was a dull financial situation when AMC's losses reached $163.5 million. Revenue for the three months ending March fell 9% to $862.5 million, compared with revenue for the same three months of 2024 of $951.4 million. Loss of 58 cents per share, compared with a loss of 78 cents last quarter.

These are consistent with Wall Street’s predictions. Analysts expect the exhibition giant to lose 59 cents in the first quarter to earn $837 million, according to Factset. AMC's stock fell slightly in after-hours trading, trading at a price of just under $2.70 per share.

AMC Chairman Adam Aron sent a defensive note in his statement of results. “Anyone who tries to draw any conclusions about the success or appeal of cinemas from the first quarter of 2025 results may be wrong because in our opinion, the industry-wide domestic box office in Q1 has corrected itself. We continue to believe that the demand for 2025 films for 2025 balance will show great power.”

Indeed, ticket sales have rebounded in the second quarter, thanks to popular orders such as "Sinner", "Minecraft" and last weekend's "Thunderbolts*". Additionally, considering the release of sequels to popular franchises like "Dunes" and "Kung Fu Panda" during this period, a comparison with the first quarter of 2024 is always challenging. Amid the decline in admissions revenues at AMC, the flow of people can be seen, which fell 11% to $473.5 million and sales offers, down nearly 12% to $283.4 million.

Aside from the pandemic era, the box office results from January to March were the lowest since 1996, Allen said.

“If this level is to be continued, it will certainly be very problematic for cinemas,” he said. “But instead, demand for cinemas has been booming since April 1. The domestic box office in the industry in April 2025 doubled in April 2024 and so far, the box office is doubled a year ago. So we think that any negative claims about cinema theaters could be caused.”

AMC said it has $378.7 million in cash and cash equivalents.

In a call with analysts, Aron talked about President Trump’s proposal for 100% tariffs on films made in “Foreign Land,” a plan that industry insiders believe increases the cost of making movies exponentially. There are concerns that the outcome will allow theaters like AMC to show movies, but Aaron is diplomatic.

“Our understanding is that there is no final, specific plan for what might happen, and there will be plenty of opportunities for discussion between the government and industry on this topic,” he said. “It goes without saying that we will be very focused on the development of the field.”