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This statistic highlights Cinemark’s Revenue by Region, split across United States, Brazil and other International countries, reported on a quarterly basis from 2016 onwards.
Cinemark Holdings Inc. is a company that works in the movie theatre sector. U.S. markets and overseas markets are two of the company’s segments. It has a wide range of content in its theatres. It shows popular films from a variety of genres, including animated films, family films, dramas, comedy, horror, and action films. It has a total of 521 theatres with 5,864 screens around the world.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures in millions, except percentages)
Cinemark Holdings Inc’s total revenue increased from $35.79 million in Q3 2020 to $785.57 million in Q3 2021, marking a magnanimous growth of over 2000% on a year-on-year basis. When compared on a quarterly basis, the revenue witnessed an increment of 166.45%, from $294.82 million in Q2 2021 to $785.57 million in Q3 2021.
The company earned maximum revenue internationally, amounting to $388.66, which accounted for 49.47% of the total revenue in Q3 2021. United States accounted for 47.88% of the total revenue and stood second in the list, with a revenue of $376.2 million. Lastly, Brazil contributed $20.63 million, which equalled to 2.62% of the total revenue.
Cinemark Holdings Inc’s revenue is further bifurcated into different regions as follows :
Cinemark Holdings have 531 theatres and 5,958 screens in the United States as of December 31, 2020. Their domestic circuit consisted of 331 theatres with 4,507 screens in 42 states. For movie studios and other content producers, their enormous and broad presence in the United States has made them a vital distribution route. Their portfolio of modern, high-quality theatres with different platforms provides a preferred destination for moviegoers and has contributed to their consistently strong financial performance in the past.
United States contributed a revenue of $376.2 million, accounting for 47.88% of the total revenue in Q3 2021 and is the second highest contributor. The revenue from the states has increased highly, from $34.63 million in Q3 2020 to $376.2 million in Q3 2021, making a growth of % on a year-on-year basis. On a quarterly basis, the revenue witnessed a rise of 39.62%, as compared to $269.43 million in Q2 2021.
Cinemark Holdings is a leader in the motion picture exhibition industry in Brazil. It has a 30% market share in brazil and is the largest movie theatre chain in Brazil.
Brazil contributed $20.63 million, accounting for 2.62% of the total revenue in Q3 2021. The revenue from Brazil has increased highly from just $0.51 million in Q3 2020 to $20.63 million in Q3 2021, which was a total growth of over 3000% on a yearly basis. When compared on a quarterly basis, the revenue rose by 277.8%, from $5.46 million in Q2 2021 to $20.63 million in Q3 2021.
Cinemark Holdings has its international presence in Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay. Their domestic circuit consisted of 200 theatres and 1,451 screens in these countries.
The company earned maximum revenue internationally, amounting to $388.66 million, that accounted for 49.47% of the total revenue in Q3 2021. The revenue from the international countries has increased highly from just $0.55 million in Q3 2020 to $388.66 million in Q3 2021, making an increment of 70,500% on a yearly basis. On a quarter-on-quarter basis, the revenue increased by 1851%, as compared to $19.92 million in Q2 2021.
Cinemark Holdings Inc. is an American movie theatre company that first opened its doors in 1984 and has since grown to hundreds of locations across the Americas and in Taiwan. Cinemark runs theatres under a variety of names, including Cinemark, Century Theatres, Tinseltown, CinéArts, and Rave Cinemas, among others. In May 2021, Cinemark agreed to broadcast films from Warner Bros., Walt Disney Studios, Paramount, and Sony, along with its major Hollywood studio partners.
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