-The Raid 1/2 - Agreed, great movies, the knock against it is they are foreign Asian film and the highest grossing one I think was Crouching Tiger, Hidden Dragon
-Expendables(1 or 2, can't remember which one got the positive scores) Expendables 2 got 61% but it was also an August release.  There's only been a handful of films that have made $200 or above released in August.
-The Crank films Both Cranks got over 60% positive.  I can't find any reason why this didn't do better other than possible star power.
-Face Off(remember that film getting really high scores even though I found it to be nonsense corny but awesome action)I mean this was in the Top 11 for 1997, and there were only 5 movies that made $175 and above
-Last Stand(more recently saw it in a free screening)An older Schwarzenegger who doesn't have the bo 
-Blade2 Blade 2 got 59% on RT, which I'm kinda surprised at because I'd rank this as one of the better CBM movies.
-Tropic thunder(lots of action) Tropic Thunder, another August release
-predators Predators 65% postive, it was a good movie
-dusk till dawn I saw this in the movies in 96, but I don't really remember it being really being promoted.  Felt this was more of a cult movie.
-Rumble in the Bronx I think this was Jackie Chan's first "American" film but again for the most part films with Asian leads don't do as well in the States
-Under siege Under Siege is a 92 movie.  It did decent for it's time.  Only a couple action movies made more and Steven Seagal has never been a top box office draw
-Shanghai noon and sequel I know Chan has done well with the Rush Hours but I think the premise wasn't there 
-A bunch of Chans other dubbed north american transfers I'm sure Again, most Asian films don't really do that well with some exceptions 
-Rush hour Was the highest grossing action movie that year
-Commando This was before Schwarzenegger hit it big. 
-Machete Could be Tujo as the main character
-Once upon a time in mexico(only theater experience I ever passed out in) The El Mariachi trilogy is more of a cult film, I felt.  Even with Johnny Depp staring in the last movie, I don't think most people even realized this was the 3rd movie.
-death proof Grindhouse movies were a 3 hour + affair
-Pacific Rim Pacific Rim I feel should have done much better
I think there's a variety of excuses why a lot of these movies didn't do well.  Foreign movies, star power and lack of marketing or bad release date.
There's only a couple of movies of why I can't think it didn't do better like the Expendables.