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Marcus Corporation MCS Q2 2026 earnings

Reported July 30, 2026 · Before market open

Revenue$231.7MBeat by $14.0M
EPS$0.51Beat by $0.16
Revenue estimate$217.7M
EPS estimate$0.35
Marcus Theatres delivered the highest admission revenue growth among the top theatre circuits during the second quarter of fiscal 2026, powered by a diverse slate of high-quality films that performed well in our markets, including a favorable mix of family friendly movies. In our hotels and resorts division, healthy leisure demand drove both occupancy and rate growth that propelled performance and set a record second quarter revenue and Adjusted EBITDA for Marcus Hotels & Resorts. Each division has a lot to look forward to as we head into the second half of the year. In Marcus Theatres, the film slate for the third and fourth quarters of fiscal 2026 is impressive, starting with the recent epic opening of The Odyssey and this weekend's eagerly awaited release of Spider-Man: Brand New Day, followed by many great titles through the end of the year, including the highly anticipated Avengers: Doomsday and Dune: Part Three. In Marcus Hotels & Resorts, leisure travelers and groups continue to prioritize travel and events, which bodes well for our primarily upper-upscale and luxury hotels and resorts across the nation.
Gregory S. Marcus

Next report

Oct 30, 2026 (in a month)
Revenue estimate$216.1M
EPS estimate$0.52

Financials

Q2 2026

Income statement

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Revenue$231.7M+12.5%
Operating income$27.1M+108%
Net income$15.8M+116%
EPS (diluted)$0.48+118%

Balance sheet

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Cash & equivalents$26.3M+76.8%
Total debt$320.0M-12.3%
Total equity$456.9M+1.9%
Total assets$999.5M-1.6%

Cash flow

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Operating cash flow$54.0M+70.6%
CapEx$10.0M-40.9%
Free cash flow$44.0M

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$842.64M+68.3%
Enterprise value$1.14B+33.6%
P/E37.2×
P/S1.1×+0.4×

Profitability

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Operating margin4.1%
Net margin2.9%

Returns & leverage

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Return on equity5%
Debt / equity0.7×-0.1×
Current ratio0.4×0.0×

Segments

By product

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Theatre admissions$72.6M+16.4%
Theatre concessions$65.3M+13.3%
Rooms$33.7M+13.7%
Food and beverage$22.5M+5.7%

By segment

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Theatres$150.6M
Hotels/Resorts$81.0M+9.0%

FAQ

When did Marcus Corporation report Q2 2026 earnings?
Marcus Corporation (MCS) reported Q2 2026 earnings on July 30, 2026 before market open.
What were Marcus Corporation's Q2 2026 revenue and EPS?
Marcus Corporation reported revenue of $231.7M and eps of $0.51 for Q2 2026.
Did Marcus Corporation beat estimates in Q2 2026?
Revenue beat the consensus estimate of $217.7M by $14.0M. EPS beat the consensus estimate of $0.35 by $0.16.
How did Marcus Corporation's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 12.5% from $206.0M a year earlier and eps grew 121.7% from $0.23.
Where can I find Marcus Corporation's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000062234-26-000038) and the 10-Q periodic report (0000062234-26-000041) directly on SEC EDGAR. The filing index links above go to sec.gov.