National CineMedia (NCMI) Operating Expenses (2010 - 2026)
National CineMedia's (NCMI) quarterly Operating Expenses came in at $60.9 million in Q2 2026, up 3.57% year-on-year from $58.8 million in Q2 2025, and down 12.25% quarter-over-quarter from $69.4 million in Q1 2026.
National CineMedia (NCMI) Operating Expenses (2010 - 2026) Analysis & Trends
National CineMedia has disclosed Operating Expenses across 17 years of filings, most recently posting $60.9 million for Q2 2026.
- Operating Expenses for Q2 2026 came in at $60.9 million, up 3.57% year-over-year; the trailing twelve-month figure through Apr 2026 was $259.3 million (changed 0.08% YoY), and the FY2026 annual result was $257.1 million, down 1.23% from the prior year.
- Operating Expenses came in at $60.9 million for Q2 2026 at National CineMedia, down from $69.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $70.4 million in Q4 2023 to a low of $19.7 million in Q2 2023.
- The 5-year median for Operating Expenses is $63.6 million (2022), against an average of $59.6 million.
- Across the five-year window, Operating Expenses sank 67.97% in 2023 and soared 224.87% in 2024, its largest moves.
- National CineMedia's Operating Expenses stood at $63.6 million in 2022, then grew by 10.69% to $70.4 million in 2023, then dropped by 5.68% to $66.4 million in 2024, then decreased by 1.81% to $65.2 million in 2025, then slipped by 6.6% to $60.9 million in 2026.
- The last three Operating Expenses figures came in at $60.9 million (Q2 2026), $69.4 million (Q1 2026), and $65.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 402.52 Mn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 5.60 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 622.21 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 75.27 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 156.65 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 264.71 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 71.10 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 694.50 Mn |
| 10 | National CineMedia | 332.29 Mn | 280.69 Mn | 24.50 Mn | 60.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 1, 2021 | 43.60 Mn |