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A24 Documentary 'You Can See Everything' Hits $80 Million Domestic Milestone

The Elizabeth Holmes documentary becomes A24's third-highest domestic release, securing significant profitability.

IndieWire2 min

1Documentary Box Office Success

The documentary You Can See Everything has reached $79.8 million at the domestic box office. This performance positions it as A24’s third-highest-grossing release in North America. The film explores the life of Theranos founder Elizabeth Holmes, successfully surpassing the $77 million domestic total previously held by the acclaimed Everything Everywhere All at Once.

2Historical Documentary Rankings

The film has officially overtaken March of the Penguins, which earned $77 million, to become the second highest-grossing documentary in North America. It currently trails only Michael Moore’s Fahrenheit 9/11, which holds the record with $119 million. This ranking excludes concert films like Taylor Swift: The Eras Tour, which achieved significantly higher totals.

3A24 Studio Performance Context

A24 maintains a strong market position with recent hits like Backrooms, which earned $197 million domestically, and Marty Supreme, which grossed $96 million. While You Can See Everything ranks third domestically for the studio, it remains behind those summer blockbusters. Globally, the studio’s top films have reached even higher revenue milestones.

4Profitability and Production Budget

With a production budget of only $7 million, the documentary is already considered wildly profitable for A24. The film’s financial success has significantly elevated the industry profile of its directing duo, Nathan Fielder and Lance Oppenheim. Their work on this project has placed them in high demand for future creative collaborations.

5International Market Uncertainty

The film has not yet been released in most international markets, leaving its global potential unclear. Industry analysts are questioning whether the specific narrative of Elizabeth Holmes and Silicon Valley fraud will resonate with audiences outside North America. The studio has not provided a definitive timeline for these upcoming international theatrical rollouts.

6Studio Strategic Growth

A24 continues its hot streak by diversifying its portfolio beyond documentaries. The studio recently opened the drama Club Kid in New York and Los Angeles, achieving a strong per-screen average of $65,097. This film, acquired from the Cannes Film Festival, is currently being positioned by the studio for the upcoming Oscar race.

7Market Dynamics of Documentaries

Documentary films rarely achieve the massive domestic totals seen in traditional narrative blockbusters. The success of You Can See Everything highlights a growing audience appetite for investigative, real-life narratives. By outperforming major award-winning features, the film demonstrates that niche subject matter can achieve mainstream financial viability when executed with high-profile creative talent.

8Future Industry Implications

The financial trajectory of this documentary suggests that A24 will likely continue investing in high-concept non-fiction projects. As the studio balances its Oscar-contending dramas with profitable documentaries, its market strategy remains focused on high-impact releases. Observers will monitor whether future international releases can replicate the strong domestic performance seen in North America.

Original article: IndieWire — A24 Documentary 'You Can See Everything' Hits $80 Million Domestic Milestone