The panel of nine women and three men will now hear from victims of the July 2012 rampage at a midnight screening of the Batman film "The Dark Knight Rises." They will then deliberate on whether the 27-year-old shooter should be executed by lethal injection.
After cautioning members of the public not to make any emotional outbursts in the small, windowless courtroom near Denver, Arapahoe County District Court Judge Carlos Samour began reading the jurors' forms.
Holmes, who killed 12 people and wounded 70, showed no reaction as the verdicts were delivered, staring straight ahead, hands in pockets. He has been mostly expressionless throughout the trial, which began in late April.
Sitting in the public gallery, Holmes' father, Bob, put an arm around the shoulders of his wife, Arlene, and the couple bowed their heads together.
The jury had deliberated for less than half a day on whether mitigating factors outweighed aggravating ones.
If just one member of the panel had found that they did, the former neuroscience graduate student would have received a life sentence with no possibility of parole.
"The handwriting is on the wall for James Holmes, and the writing says 'execution,'" said Denver-based legal analyst and defense attorney Scott Robinson.
"He faces an uphill battle from here on in. That was the last best chance for him to be spared capital punishment," Robinson added.
VICTIMS TO TESTIFY
The jurors had already rejected Holmes' insanity plea and found him guilty on all 165 counts of murder, attempted murder and explosives charges relating to the mass shooting inside the Century 16 multiplex in the Denver suburb of Aurora.
They had also determined there were proven aggravating factors that could justify the death penalty. During the next phase of the trial, prosecutors have said they expect to call 15 victims to testify over two or three days.
Sandy Phillips, whose daughter Jessica Ghawi was among the dozen whom Holmes killed when he opened fire with a semiautomatic rifle, shotgun and pistol, is due to testify on Tuesday.
"We're very happy the outcome came as quickly as it did," Phillips told reporters outside court after the verdict.
Throughout the trial, she has carried a green shawl that belonged to her daughter. She said she will have it with her when she takes the witness stand.
"My job is to share Jessi with the jury," Phillips said.
During closing arguments by both sides last Thursday, the defense had argued that Holmes is "obviously" mentally ill and that his delusions, not hatred or a lust for notoriety, led him to plan and carry out the rampage.
The prosecution said Holmes took a decision to massacre, then hid his preparations from everyone. He must not be allowed to use mental illness as a "shield," the district attorney said.
The jurors found the prosecution proved Holmes' crimes were committed in a particularly cruel, depraved or heinous manner, including that he carried them out from a position of "ambush," using teargas to try to stop his victims leaving the theater.
They then heard mitigating witnesses who were called by the gunman's attorneys and who described him as a quiet child who was never in trouble growing up.
They also heard from Holmes' sister and his parents, who said they still loved him and blamed mental illness for what he did.