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The Hangover Part II is biggest comedy of all-time with $86.5M 3-day / $118.1M 4-day; Will gross nearly $140M through Monday

The Hangover Part II is a huge success for director Todd Phillips and stars. Warner Brothers estimates that the R-rated comedy will gross $86.48M for the 3-day weekend (Fri-Sun) for a 4-day cume of $118.09M including its Thursday opening day from 3,615 theaters. Additionally, Monday grosses could top $20M for a current 5-day estimate of $138.1M. For comparison purposes, the first ‘Hangover’ grossed $44.979M in its opening weekend two years ago and had taken in $52.638M by day four (and $59.228M by day five). By the end of its run, the original grossed —  a current R-rated comedy record — $277.322M domestic ($467.484M worldwide). The Hangover Part II will crush both those marks by the end of its run.

The film now holds the record for biggest grossing comedy opening of all-time and it ranks second only to “The Matrix Reloaded” among R-rated movies ($91.774M 3-day). The weekend gross also ranks second on the year just slightly behind ‘On Stranger Tides’ ($90.152M) and a touch ahead of “Fast Five” ($86.199M). Both of those films had the benefit of opening on a Friday vs. the Thursday opening of The Hangover Part II.

The other new release this weekend was Kung Fu Panda 2. The animated sequel will gross an estimated $48M over the 3-day weekend with its 4-day cume (including its Thursday opening) at $53.8M. It’ll gross somewhere in the neighborhood of $13-15M on Monday for a 5-day estimated cume of about $66-69M. That’s good, but a step below the original which opened three years ago to $60.239M in its first weekend and was at $66.556M by day four (without the added benefit of opening over a Holiday weekend). One of the concerns was that 3D didn’t help as much as it should have. Of the 3,925 theaters it played to, 2,707 were 3D, but those presentations accounted for only 45% of business.

Rounding out the top five was Pirates of the Caribbean: On Stranger Tides in third place with an estimated $39.3M 3-day weekend (-56%), Bridesmaids in fourth place with an estimated $16.4M 3-day weekend (-22%) and Thor in fifth place with an estimated $9.4M (-39%). ‘On Stranger Tides’ now stands at $152.92M domestic ($505.62M worldwide) and Thor is at $159.71M domestic ($409.22M worldwide). Bridesmaids, meanwhile, has a domestic cume of $84.98M and Fast Five, which ranked sixth for the weekend with an estimated $6.62M, is now at $196.03M domestic ($530.43M worldwide).

All-in-all, the 2011 Memorial Holiday will rank #1 all-time, +49% vs. 2010 and +8% from the previous record in 2007.

See the complete top 10 chart here.

Sources: Box Office Mojo & Deadline