IMAX, Roku, Apple, and Angel Studios.

IMAX Q1 revenue dips. We broke down their numbers and how they stacked up against last year:

• $260 M global box office

  • ↓12.8%

• $81.4 M revenue

  • ↓6%

• $6.1M Net Income

  • ↓26%

  • But adjusted net income is $9.6M, up 33%

The top earners:

• $77M, Avatar: Fire and Ash

• $66M, Project Hail Mary

Natasha Fernandes, IMAX CFO, said:

“As we enter one of the most productive periods of the moviegoing year with among the most promising slates we’ve seen, we look forward to delivering a record $1.4 billion in global box office for the full year and driving network expansion worldwide.”

This is nowhere close to last year’s top earner, the Chinese film Ne Zha 2, which earned IMAX $190M.

Avatar 3’s weak earnings hurt IMAX’s bottom line.

Roku is popping champagne. They posted better-than-expected Q1 results. Here’s how they stacked up, plus the delta between last year:

• $1.248 bn - net revenue

  • ↑22%

• $85.7 M net income

  • ↑447%

  • ↑ from $24.7 M net loss for the year

• 38.7 bn - streaming hours

  • ↑ 8%

• 100M - streaming households

  • ↑ 10M from Q4 2025

Roku shared:

“Advertising revenue grew 27% YoY to $613 million, with a gross margin of 60.5%. In particular, video advertising growth on our platform outpaced both the U.S. OTT and digital ad markets. We believe this outperformance reflects the growing recognition among advertisers that Roku’s unique combination of scale.”

Roku is projected to continue this growth into 2026.

Apple Q1 2026. Apple does not release individual numbers for Apple TV+. Here is the most relevant figure from their earnings call and the delta from Q1 2026:

• $31bn - Overall services revenue

  • ↑ 16%

​Their total revenue was $112.2bn, meaning the services division makes up almost 28% of their total revenue.

Full report here.

Provo-based distribution and production company Angel Studios (Animal Farm, Solo Mio) reported strong Q1 2026 results. Big highlights are their triple-digit revenue growth on account of the continued momentum in their core subscription base.

The company’s Angel Guild expanded to 2.22M members up 11% from the last quarter.

• $115.1 M total revenue

  • ↑ 11% QoQ

  • ↑ 143% YoY

• $13.8M net income

  • ↑ $37.3M

• $4.0M adjusted EBITDA

  • ↑ from $28.7M in losses Q1 2025

• $71.1 M gross profit

  • ↑ 154% YoY

The streaming library surpassed 1,000 titles, with a plan that they are on track to double that number by the end of 2026. Angel’s unique community-powered model, where members directly fuel both the content and revenue, appears to be very effective for long-term growth.