Mission: Impossible – Dead Reckoning Part One is gearing up for a summer release, and expectations are soaring for this highly-anticipated blockbuster. The seventh installment in the Mission: Impossible franchise is receiving rave early reviews, which is only fueling anticipation for its box office performance after its worldwide debut on July 12, 2023.
The previous Mission: Impossible movies have all achieved success at the box office, with the weakest performer being Mission: Impossible III back in 2006. With Mission: Impossible 8 already scheduled for release in June 2024, it appears that Dead Reckoning Part One is poised to become the most successful movie both critically and commercially in the entire franchise.
What’s catching everyone’s attention is the staggering $290 million production budget allocated to Mission: Impossible 7, more than double the average budget of the previous six films combined. This makes it the most expensive movie in the franchise to date, surpassing 2018’s Fallout, which had a production cost of $178 million (around $210 million adjusting for inflation). It’s worth noting that a portion of Mission: Impossible 7’s budget might also cover some costs for Mission: Impossible 8 since these two films form the first two-part installment in the series. However, in order to match the performance of its predecessors, Dead Reckoning Part One must generate significant revenue at the box office.
To avoid becoming the lowest-performing Mission: Impossible movie, Mission: Impossible 7 needs to rake in at least $800 million globally. Mission: Impossible III, with a budget of $150 million, earned approximately $400 million, making it a modest success. To surpass Mission: Impossible III’s revenue-to-budget ratio of 2.7, Mission: Impossible 7 would need to exceed roughly $785 million worldwide.
To achieve the median box office performance of the franchise, Dead Reckoning Part One would have to generate revenue roughly 4.5 times its production budget. This means that Mission: Impossible 7 would need to make around $1.3 billion, putting it among the top 20 highest-grossing movies of all time. It’s important to note that the production budget for Mission: Impossible films increased by almost 63% from Fallout to Dead Reckoning Part One. Considering that Fallout nearly surpassed the $800 million mark in 2018, Dead Reckoning Part One will need to exceed that number to secure its position as a box office success.
All eyes are now on Mission: Impossible – Dead Reckoning Part One as fans and industry experts eagerly await its release, hoping it will live up to the franchise’s legacy and exceed expectations both critically and financially.