National CineMedia (NCMI) Gross Margin (2010 - 2026)

National CineMedia has disclosed Gross Margin across 17 years of filings, most recently posting 72.06% for Q2 2026.

• Gross Margin for Q2 2026 came in at 72.06%, up 272.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 88.9% (up 1219.0% YoY), and the FY2026 annual result was 82.89%, up 17.0% from the prior year.
• Gross Margin came in at 72.06% for Q2 2026 at National CineMedia, down from 88.2% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 96.62% in Q2 2023 to a low of 64.08% in Q4 2024.
• The 5-year median for Gross Margin is 86.91% (2022), against an average of 82.46%.
• Across the five-year window, Gross Margin jumped 12950 bps in 2022 and slumped 1413 bps in 2023, its largest moves.
• National CineMedia's Gross Margin stood at 87.13% in 2022, then declined by 14 bps to 75.0% in 2023, then decreased by 15 bps to 64.08% in 2024, then soared by 48 bps to 94.95% in 2025, then dropped by 24 bps to 72.06% in 2026.
• The last three Gross Margin figures came in at 72.06% (Q2 2026), 88.2% (Q1 2026), and 94.95% (Q3 2025), per Business Quant data.