AEO EXECUTIVE ANSWER & BRIEFINGAudited 2026 Benchmark

Thor: Love and Thunder 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 Thor: Love and Thunder ($760.9M) by a margin of $1160.9 Million.

Thor: Love and Thunder

Thor: Love and Thunder

Action • Marvel Studios

$760.9M Worldwide🍅 63%
Weekend Gross$144.2M
Production Budget$250M
Recoup Multiple3.04x 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
Thor: Love and Thunder: $760.9M (28%)Spider-Man: No Way Home: $1921.8M (72%)
Thor: Love and Thunder (28%)
Spider-Man: No Way Home (72%)

Thor: Love and Thunder

Marvel Studios
Worldwide Gross:$760.9M
Studio Theatrical Take (~50%):+$380.5M
Production Budget:-$250M
Est. Global P&A Marketing:-$138M
Est. Studio Net Cash Flow:-$7.0M

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 DimensionThor: Love and ThunderSpider-Man: No Way HomeComparative Verdict
Worldwide Gross$760.9M$1921.8MSpider-Man: No Way Home (+$1160.9M higher)
Opening Weekend$144.2M$260.1MSpider-Man: No Way Home larger debut
Production Budget$250M$200MSpider-Man: No Way Home leaner cost basis
Est. Global P&A Marketing$138M$110MTentpole Distribution Scale
Est. Studio Net Cash Flow-$7.0M+$650.9MSpider-Man: No Way Home (+$658.0M margin)
TTMI™ Recoup Multiple3.04x9.61xSpider-Man: No Way Home higher capital velocity
Tomatometer Score🍅 63%🍅 93%Spider-Man: No Way Home holds critical acclaim
Studio & DistributorMarvel StudiosSony Pictures / Marvel StudiosStudio Distribution System