National CineMedia (NCMI) Operating Expenses (2010 - 2026)
National CineMedia's Operating Expenses came in at $71.2 million for Q2 2027, up 11.6% from $63.8 million a year earlier and up 16.9% from the prior quarter.
National CineMedia (NCMI) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 2, 2026, National CineMedia reported Operating Expenses of $266.7 million, up 3.0% year-over-year; for FY2026, it came in at $257.1 million.
- Operating Expenses carries a five-year compound annual growth rate of 7.0% (FY2021 to FY2026).
- Going back by year, Operating Expenses was $260.3 million in FY2024 (+35.2%), $192.5 million in FY2023 (-20.6%) and $242.3 million in FY2022 (+32.3%).
- The Q2 2027 figure represents the highest quarterly Operating Expenses in data going back to Q1 2015.
- Business Quant data shows NCMI's Operating Expenses at $60.9 million (Q1 2027), $69.4 million (Q4 2026) and $65.2 million (Q3 2026) in the three quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fox | 28.13 Bn | 13.77 Bn | - | 2.36 Bn |
| 2 | Omnicom | 23.90 Bn | 5.59 Bn | 1.36 Bn | 5.43 Bn |
| 3 | News | 14.62 Bn | 6.11 Bn | - | 991.00 Mn |
| 4 | New York Times | 11.45 Bn | 8.88 Bn | 395.07 Mn | 646.60 Mn |
| 5 | Pearson | 11.16 Bn | 8.96 Bn | - | - |
| 6 | Sirius Xm Holdings | 10.73 Bn | 10.18 Bn | 1.43 Bn | 1.67 Bn |
| 7 | Skydance | 8.79 Bn | 8.79 Bn | - | - |
| 8 | Nexstar Media | 6.17 Bn | 4.79 Bn | 1.20 Bn | 1.60 Bn |
| 9 | Wpp | 5.97 Bn | -6.08 Bn | - | - |
| 10 | National CineMedia | 152.26 Mn | -15.94 Mn | 54.70 Mn | 71.20 Mn |
Historic 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 |
National CineMedia Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NCMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NCMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NCMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();