The Elizabeth Holmes documentary You Can See Everything is expected to earn between $12 million and $14 million during its opening weekend. Co-directed by Nathan Fielder and Lance Oppenheim,the film focuses on the Theranos founder's final month before entering prison.
Surpassing the $10.7 million mark set by Chimpanzee
The projected domestic opening for You Can See Everything represents a significant anomaly in the documentary market.. According to Deadline, the film is on track to earn $12 million to $14 million over its first three days,which would easily eclipse the $10.7 million opening of the 2012 film Chimpanzee. It would also dwarf the $7.2 million opening of the 2026 Melania documentary.
If these figures hold, the Elizabeth Holmes project will become the highest-grossing opening for a non-concert documentary since 2004, when Michael Moore's Fahrenheit 9/11 debuted to $23.9 million. this surge suggests a massive public appetite for high-stakes corporate failure narratives, positioning the film as a rare theatrical event in a genre often relegated to streaming platforms.
A $7 million investment and the path to $36 million
From a financial perspective, You Can See Everything is positioned for an immense return on investment. The film, produced by A24, To Be Formed, and Blow Out Productions, reportedly cost only $7 million to produce. As the report says, the estimated break-even point for the project is no higher than $17.5 million, a figure the film is likely to surpass within its first few weeks of release.
Industry analysts suggest that if the Elizabeth Holmes documentary follows the trajectory of a standard successful documentary, it could potentially earn roughly $36 million worldwide. This stands in stark contrast to the 2026 film Melania, which reportedly cost $40 million to produce , making the lean production model of A24 and its partners far more sustainable for this specific content type.
Nathan Fielder's month with Elizabeth Holmes and Billy Evans
The narrative core of the 174-minute film centers on a month spent by filmmakers with Elizabeth Holmes and her partner, Billy Evans. The project, which was first unveiled during a secret screening at Telluride in September, follows Nathan Fielder as he attempts to determine the truth behind the claims made by the couple before Holmes began her prison sentence.
This approach reflects a broader trend in modern documentary filmmaking where the director becomes a character in the story, using a meta-analytical lens to dissect the subject's psyche. By focusing on the interpersonal dynamics between Fielder, Holmes, and Evans, the film moves beyond a simple retelling of the Theranos fraud and into a psychological study of deception.
The mystery of the worldwide multiplier
While the domestic opening is strong, the ultimate success of You Can See Everything depends on its worldwide multiplier. As reported, previous non-concert hits have varied wildly: Melania had a multiplier of 2.3, Chimpanzee hit 3.2, and Fahrenheit 9/11 reached a staggering 9.3. It remains to be seen which of these paths the Elizabeth Holmes film will follow.
Several key details remain unverified or absent from the current reporting. Specifically, it is unclear how the film will perform in international markets where the Theranos scandal may have had less cultural penetration. Additionally, there is no mention of whether the legal teams for Elizabeth Holmes or Billy Evans provided any input or objections to the film's portrayal of their final month of freedom.
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