Spider-Man: No Way Home Becomes First Movie to Make $1 Billion at the Box Office in COVID Pandemic Era

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It also had the third-best movie opening ever behind Avengers: Endgame ($357.1 million) and Avengers: Infinity War ($257.7 million).

Spider-Man: No Way Home Becomes First Movie to Make  Billion at the Box Office in COVID Pandemic Era tom holland Credit: Columbia Pictures

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"This weekend's historic Spider-Man: No Way Home results, from all over the world and in the face of many challenges, reaffirm the unmatched cultural impact that exclusive theatrical films can have when they are made and marketed with vision and resolve," said Tom Rothman, Sony Pictures chairman and CEO, in a statement following the record-breaking weekend.

"All of us at Sony Pictures are deeply grateful to the fabulous talent, both in front of and behind the camera, that produced such a landmark film," Rothman added.

RELATED:Spider-Man: No Way Home Sees Biggest Fandango Presales Since 2019's Avengers: Endgame

The third installment in the franchise, Spider-Man: No Way Home follows Holland's Peter Parker navigating the world after his superhero identity is revealed. Parker attempts to change the course of history with help from Dr. Strange (Cumberbatch), but the two hit a major snag when they accidentally open up the multiverse, allowing villains from alternate realities to come after Parker.

"I've loved every minute of it," Holland, 25, said of playing the character in an interview with PEOPLE earlier this month. "I've been so grateful to Marvel and Sony for giving us the opportunity and keeping us on and allowing our characters to progress. It's been amazing."

"That's why for me, I don't want to say goodbye to Spider-Man but I feel like we might be ready to say goodbye to Spider-Man," he added.

Spider-Man: No Way Home is now playing in theaters.

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