Short answer
Cinemark Holdings, Inc. (CNK) filed its fiscal 2025 10-K annual report with the SEC on Feb 18, 2026. It reported revenue of $3.1B (+2.1% year over year) and net income of $138M.
- Top risk flagged: Regulatory risk from evolving U.S. and international data privacy laws and emerging AI regulations impacting marketing, transaction processing, and compliance costs
FY2025 key financial metrics · XBRL
- Revenue
- $3.1B
- +2.1% YoY
- Net income
- $138M
- −55.4% YoY
- EPS (diluted)
- $1.04
- −49.5% YoY
Source: XBRL data from the Cinemark Holdings, Inc. (CNK) FY2025 10-K on SEC EDGAR. USD.
Cinemark Holdings, Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: Movie theater operations primarily in leased venues with long-term leases (10-25 years)
- Lease agreements feature variable payments tied to sales, attendance, inflation, and ticket prices
- Owned global headquarters in Plano, Texas; leased offices in Frisco, McKinney, and eight Latin America regions
- Strategic focus on flexible lease structures, including renewal and escalating rent provisions for cost management
Management Discussion & Analysis
- Revenue $3.115B in 2025, up 2.1% YoY from $3.050B in 2024; U.S. segment revenue up 2.7%, International flat at $612.8M
- Operating margin 10.7% in 2025 vs 11.8% in 2024; operating income $333.2M vs $359.3M, decline driven by higher costs
- Best segment U.S. with admissions revenue $1.266B (up 2.7%), worst international with admissions revenue down 3.7% to $278.7M
- Declared quarterly dividend $0.09/share payable March 2026; no specific buybacks or capex amounts disclosed
- Management notes risks from film slate performance and inflationary pressures on concession supplies and wages impacting future margins
Risk Factors
- Regulatory risk from evolving U.S. and international data privacy laws and emerging AI regulations impacting marketing, transaction processing, and compliance costs
- Geopolitical exposure with 193 theaters in 13 Latin American countries, including Brazil at 6.8% of 2025 revenue, facing currency fluctuation and economic instability risks
- Operational risk from potential 2026 labor strikes by WGA, DGA, SAG-AFTRA disrupting film production and theatrical release schedules
- Competitive threat from streaming platforms and new ticketing technologies, plus competition from dine-in and tavern-style theaters reducing attendance and online ticketing fees
- Financial risk of $1.9B long-term debt plus $1.1B lease obligations limiting liquidity and flexibility, with primarily non-investment grade ratings raising refinancing costs
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.