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The film Uncut Gems (2019) was a significant commercial and critical success for A24, serving as the studio's highest-grossing domestic release until it was surpassed by Everything Everywhere All At Once in 2022. Below is the breakdown of its financial performance and how it compares to its budget.
The production budget for Uncut Gems was approximately $19 million.
At the time, this made it A24's most expensive in-house production. The budget was relatively high for an indie film because of the New York City location shoots, the high-intensity cinematography (shot on 35mm), and the star power of Adam Sandler.
Unlike most major films, Uncut Gems had a bifurcated distribution strategy: A24 handled the U.S. theatrical release, while Netflix acquired the international rights.
The film generated significant revenue through licensing and home media, which is crucial to understanding its profitability.
| Category | Figure (USD) |
|---|---|
| Production Budget | $19 million |
| Estimated Marketing (P&A) | $10–$15 million |
| Total Estimated Investment | $29–$34 million |
| Box Office Revenue (Domestic) | $50.02 million |
| Netflix International Rights Sale | ~$15–$19 million (Est.) |
| Home Video & Digital | ~$7–$10 million (Est.) |
| Total Estimated Gross Revenue | $72–$79 million |
Conclusion:
The film was highly profitable. By selling the international rights to Netflix, A24 essentially "cleared" their production costs before the film even hit U.S. theaters. The $50 million domestic box office was almost entirely "found money" for the studio (after split with theaters and marketing costs), cementing the film as a massive win for both the Safdie Brothers and A24's business model.
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Uncut Gems (2019) had a production budget of approximately $19 million. It grossed $50,023,780 at the domestic box office. International theatrical gross was effectively $0 because A24 sold the international distribution rights to Netflix. This rights deal reportedly covered the film's production budget (approx. $19 million), mitigating A24's financial risk before the US release. In the home market, the film earned approximately $4.9 million from DVD and Blu-ray sales in the US (excluding Criterion Collection sales). The film was A24's highest-grossing domestic release until it was surpassed by Everything Everywhere All At Once in 2022.