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AI brief of an SEC Form 8-K · READING INTERNATIONAL INC (RDI)

Reading International Q1 revenue rises 12% to $45.1 million; net loss widens

Mixed Impact 3 of 5 earnings Written later

Reading International reported first-quarter 2026 revenue of $45.1 million, up 12% from a year earlier, and a narrower operating loss of $3.6 million. The net loss attributable to the company widened to $8.1 million, or $0.36 per share, from $4.8 million, or $0.21 per share, because the year-earlier quarter included a $6.6 million gain on a property sale. Management said it is working to sell its Cinemas 1, 2, 3 building in New York City and is under contract to sell its Napier property in New Zealand.

Key points

  • Total revenue was $45.1 million, up 12% from $40.2 million in Q1 2025, with cinema revenue up 14% to $41.5 million.
  • Operating loss narrowed to $3.6 million from $6.9 million; EBITDA was negative $0.8 million versus positive $2.9 million a year earlier.
  • Net loss attributable to Reading International was $8.1 million ($0.36 per share), compared with $4.8 million ($0.21 per share) in Q1 2025.
  • As of March 31, 2026, cash and cash equivalents were $5.5 million and total gross debt was $184.6 million.

The filing

CompanyREADING INTERNATIONAL INC (RDI)
Form8-K, current report
Filed with the SECMay 15, 2026, 4:42 PM ET
Accession number0000716634-26-000021

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.