A24 has been on a roll lately, transforming from an indie darling into a serious box office contender. After years of releasing critically acclaimed but modestly performing films, the studio has found its stride with bigger, bolder projects. This year alone has seen several hits, but none more surprising than the documentary You Can See Everything, which is now making a final push toward a major milestone after a significant theater reduction.
The film, co-directed by Nathan Fielder and Lance Oppenheim, has been a cultural phenomenon. It follows Elizabeth Holmes in the 30 days before her incarceration for fraud, and it has captivated audiences and critics alike. With a 96% critics' score and a 95% audience score on Rotten Tomatoes, it's been hailed as a haunting and absorbing portrait of the disgraced entrepreneur.
After a limited release that shattered records, You Can See Everything expanded to over 2,600 theaters, peaking at 3,243. In its fourth week, it saw its first major contraction, losing 770 locations. Despite this, the film has already grossed $80 million domestically, a staggering sum for a documentary, and it's within striking distance of the $100 million mark.
This success is part of A24's broader strategy to compete with major studios. The company's pivot to mid-budget films began with Civil War, which earned nearly $130 million worldwide. That was followed by Marty Supreme, which grossed almost $200 million. While there were some missteps, like Beau is Afraid and The Smashing Machine, the studio has bounced back strongly in 2026.
This year alone, A24 has delivered hits like The Drama with Zendaya and Robert Pattinson, and Primetime, also starring Pattinson. But the biggest surprise was Backrooms, a horror film that grossed $400 million worldwide on a budget of under $10 million. Now, You Can See Everything is adding to that legacy, proving that documentaries can be box office gold.
The film's theater count reduction is typical for a movie in its fourth week, but it's notable given the milestone it's approaching. As it continues to play in over 2,000 theaters, it has a strong chance of crossing the $100 million domestic mark, which would be unprecedented for a documentary. A24 is also gearing up for an Oscar campaign, hoping to secure a Best Picture nomination.
For context, other films have seen similar theater drops. Sense and Sensibility lost over 1,300 theaters after its digital debut, and Resident Evil exited 2,500 theaters after a record run. But You Can See Everything's journey is unique, as it's redefining what a documentary can achieve at the box office.
As the film continues its run, all eyes will be on whether it can hit that $100 million milestone. If it does, it will be a historic moment for A24 and for documentary filmmaking as a whole. Stay tuned for more updates on this unprecedented success story.
