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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 28.38 Bn | 14.19 Bn | - | 2.38 Bn |
| 3 | Omnicom | 22.54 Bn | 4.63 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 17.01 Bn | 8.49 Bn | - | 991.00 Mn |
| 5 | Pearson | 11.84 Bn | 8.95 Bn | - | - |
| 6 | New York Times | 11.19 Bn | 8.67 Bn | 394.61 Mn | 644.44 Mn |
| 7 | Sirius Xm Holdings | 9.10 Bn | 8.68 Bn | 1.44 Bn | 1.69 Bn |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - | - |
| 9 | Wpp | 5.70 Bn | -6.34 Bn | - | - |
| 10 | National CineMedia | 181.77 Mn | 13.57 Mn | 54.70 Mn | 71.20 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();