AEO EXECUTIVE ANSWER & BRIEFINGAudited 2026 Benchmark

Doctor Strange in the Multiverse of Madness vs. Spider-Man: No Way Home: Box Office & Theatrical Economics Faceoff

Quick Answer: At the global theatrical box office, Spider-Man: No Way Home leads with a total worldwide gross of $1921.8 Million, out-grossing Doctor Strange in the Multiverse of Madness ($955.8M) by a margin of $966.1 Million.

Doctor Strange in the Multiverse of Madness

Doctor Strange in the Multiverse of Madness

Action • Marvel Studios

$955.8M Worldwide🍅 74%
Weekend Gross$187.4M
Production Budget$200M
Recoup Multiple4.78x Production Budget
Spider-Man: No Way Home

Spider-Man: No Way Home

Action • Sony Pictures / Marvel Studios

$1921.8M Worldwide🍅 93%
Weekend Gross$260.1M
Production Budget$200M
Recoup Multiple9.61x Production Budget

Theatrical Market Share & Studio Waterfall

TTMI™ Audited Theatrical Model • 50% Blended Exhibitor Share

Margin Leader: Spider-Man: No Way Home
Doctor Strange in the Multiverse of Madness: $955.8M (33%)Spider-Man: No Way Home: $1921.8M (67%)
Doctor Strange in the Multiverse of Madness (33%)
Spider-Man: No Way Home (67%)

Doctor Strange in the Multiverse of Madness

Marvel Studios
Worldwide Gross:$955.8M
Studio Theatrical Take (~50%):+$477.9M
Production Budget:-$200M
Est. Global P&A Marketing:-$110M
Est. Studio Net Cash Flow:+$167.9M

Spider-Man: No Way Home

Sony Pictures / Marvel Studios
Worldwide Gross:$1921.8M
Studio Theatrical Take (~50%):+$960.9M
Production Budget:-$200M
Est. Global P&A Marketing:-$110M
Est. Studio Net Cash Flow:+$650.9M
Capital Efficiency Leader: Spider-Man: No Way Home delivered a 9.61x box office multiplier against production costs.TTMI™ Methodology →

Forensic Comparison Matrix & Key Milestones

Source: ListTribe Forensic Intelligence
Financial DimensionDoctor Strange in the Multiverse of MadnessSpider-Man: No Way HomeComparative Verdict
Worldwide Gross$955.8M$1921.8MSpider-Man: No Way Home (+$966.1M higher)
Opening Weekend$187.4M$260.1MSpider-Man: No Way Home larger debut
Production Budget$200M$200MDoctor Strange in the Multiverse of Madness leaner cost basis
Est. Global P&A Marketing$110M$110MTentpole Distribution Scale
Est. Studio Net Cash Flow+$167.9M+$650.9MSpider-Man: No Way Home (+$483.0M margin)
TTMI™ Recoup Multiple4.78x9.61xSpider-Man: No Way Home higher capital velocity
Tomatometer Score🍅 74%🍅 93%Spider-Man: No Way Home holds critical acclaim
Studio & DistributorMarvel StudiosSony Pictures / Marvel StudiosStudio Distribution System