National CineMedia (NCMI) Operating Expenses (2010 - 2026)
National CineMedia (NCMI) posted Operating Expenses of $60.9 million for Q2 2026, down 12.25% sequentially from $69.4 million in Q1 2026, and up 3.57% YoY from $58.8 million in Q2 2025.
National CineMedia (NCMI) Operating Expenses (2010 - 2026) Analysis & Trends
National CineMedia has reported Operating Expenses for 17 years, with the latest figure at $60.9 million in Q2 2026.
- Quarterly Operating Expenses rose 3.57% year-over-year to $60.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $259.3 million (changed 0.08% YoY) and the FY2026 annual result came in at $257.1 million, down 1.23% from the prior year.
- Operating Expenses fell to $60.9 million in Q2 2026 per NCMI's latest filing, from $69.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $70.4 million in Q4 2023 and troughed at $19.7 million in Q2 2023.
- A 5-year average of $59.6 million and a median of $63.6 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 67.97% in 2023, then surged 224.87% in 2024.
- Over 5 years, Operating Expenses stood at $63.6 million in 2022, then rose by 10.69% to $70.4 million in 2023, then fell by 5.68% to $66.4 million in 2024, then dropped by 1.81% to $65.2 million in 2025, then declined by 6.6% to $60.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $60.9 million, $69.4 million, and $65.2 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 101.16 Bn | 98.10 Bn | 1.70 Bn | 429.41 Mn |
| 2 | Omnicom | 24.30 Bn | 20.96 Bn | 1.30 Bn | 5.64 Bn |
| 3 | Trade Desk | 6.21 Bn | 4.73 Bn | 530.72 Mn | 613.48 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.33 Bn | 3.00 Bn | 130.79 Mn | 161.60 Mn |
| 6 | Stagwell | 2.11 Bn | 2.01 Bn | 269.24 Mn | 774.76 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 75.23 Mn |
| 8 | Ziff Davis | 2.01 Bn | 406.32 Mn | 241.03 Mn | 331.46 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | 106.55 Mn |
| 10 | National CineMedia | 236.11 Mn | 190.01 Mn | 54.70 Mn | 71.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 2, 2026 | 71.20 Mn |
| Apr 2, 2026 | 60.90 Mn |
| Jan 1, 2026 | 69.40 Mn |
| Sep 25, 2025 | 65.20 Mn |
| Jun 26, 2025 | 63.80 Mn |
| Mar 27, 2025 | 58.80 Mn |
| Dec 26, 2024 | 66.40 Mn |
| Sep 26, 2024 | 69.90 Mn |
| Jun 27, 2024 | 64.00 Mn |
| Mar 28, 2024 | 60.10 Mn |
| Dec 28, 2023 | 70.40 Mn |
| Sep 28, 2023 | 37.00 Mn |
| Jun 29, 2023 | 19.70 Mn |
| Mar 30, 2023 | 65.50 Mn |
| Dec 29, 2022 | 63.60 Mn |
| Sep 29, 2022 | 58.70 Mn |
| Jun 30, 2022 | 61.50 Mn |
| Mar 31, 2022 | 58.40 Mn |
| Dec 30, 2021 | 55.50 Mn |
| Sep 30, 2021 | 50.40 Mn |