AEO EXECUTIVE ANSWER & BRIEFINGAudited 2026 Benchmark
Thor: Ragnarok 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: Ragnarok ($855.3M) by a margin of $1066.5 Million.
Thor: Ragnarok
Action • Marvel Studios
$855.3M Worldwide🍅 93%
Weekend Gross$122.7M
Production Budget$180M
Recoup Multiple4.75x Production Budget
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
Thor: Ragnarok: $855.3M (31%)Spider-Man: No Way Home: $1921.8M (69%)
Thor: Ragnarok (31%)
Spider-Man: No Way Home (69%)
Thor: Ragnarok
Marvel StudiosWorldwide Gross:$855.3M
Studio Theatrical Take (~50%):+$427.7M
Production Budget:-$180M
Est. Global P&A Marketing:-$99M
Est. Studio Net Cash Flow:+$148.7M
Spider-Man: No Way Home
Sony Pictures / Marvel StudiosWorldwide 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 Dimension | Thor: Ragnarok | Spider-Man: No Way Home | Comparative Verdict |
|---|---|---|---|
| Worldwide Gross | $855.3M | $1921.8M | Spider-Man: No Way Home (+$1066.5M higher) |
| Opening Weekend | $122.7M | $260.1M | Spider-Man: No Way Home larger debut |
| Production Budget | $180M | $200M | Thor: Ragnarok leaner cost basis |
| Est. Global P&A Marketing | $99M | $110M | Tentpole Distribution Scale |
| Est. Studio Net Cash Flow | +$148.7M | +$650.9M | Spider-Man: No Way Home (+$502.3M margin) |
| TTMI™ Recoup Multiple | 4.75x | 9.61x | Spider-Man: No Way Home higher capital velocity |
| Tomatometer Score | 🍅 93% | 🍅 93% | Thor: Ragnarok holds critical acclaim |
| Studio & Distributor | Marvel Studios | Sony Pictures / Marvel Studios | Studio Distribution System |