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Home›NCMI›Financials
Annual statements · SEC XBRL · FY2016 – FY2026

National CineMedia, Inc. (NCMI) financials

Income statement

National CineMedia, Inc. (NCMI) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026
Revenue$448M$426M$441M$445M$90.4M$115M$249M$165M$241M$243M
Revenue growth—-4.8%3.6%0.8%-79.7%26.8%117.5%-33.7%45.8%1.0%
Operating income$173M$154M$154M$161M-$61.0M-$68.6M$6.90M-$27.3M-$19.5M-$13.9M
Operating margin38.7%36.1%35.0%36.3%-67.5%-59.9%2.8%-16.5%-8.1%-5.7%
Net income$32.9M$58.3M$29.8M$36.1M-$65.4M-$48.7M-$28.7M$705M-$22.3M-$10.6M
Net margin7.4%13.7%6.8%8.1%-72.3%-42.5%-11.5%426.9%-9.3%-4.4%
EPS (diluted)$0.54$0.48$0.37$0.46-$0.84-$0.61-$3.50$14.34-$0.23-$0.11

Cash flow

National CineMedia, Inc. (NCMI) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026
Operating cash flow$134M$139M$150M$144M$55.3M-$95.2M-$47.3M-$6.70M$60.3M$8.40M
Capital expenditures$12.9M$11.6M$14.2M$14.0M$8.00M$5.70M$2.90M$3.30M$5.80M$5.60M
Free cash flow$121M$127M$136M$130M$47.3M-$101M-$50.2M-$10.0M$54.5M$2.80M
Share buybacks———————$0.00$13.1M$22.0M
Dividends paid$54.6M$58.7M$54.4M$53.6M$32.0M$16.9M$9.50M$500K$300K$11.4M

Balance sheet

National CineMedia, Inc. (NCMI) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026
Cash & equivalents$23.0M$30.2M$41.4M$55.9M$180M$101M$61.7M$34.6M$75.1M$34.6M
Total assets$1.14B$1.17B$1.14B$1.13B$886M$817M$792M$568M$569M$491M
Total liabilities$1.26B$1.25B$1.23B$1.25B$1.15B$1.20B$1.26B$133M$157M$115M
Long-term debt$924M$923M$921M$924M$1.05B$1.09B$0.00$10.0M$10.0M$12.0M
Shareholders' equity-$358M-$363M-$368M-$380M-$473M-$527M-$515M$435M$411M$375M
Retained earnings-$248M-$130M-$154M-$171M-$266M-$332M-$370M$317M$281M$236M
Shares (wtd avg diluted)60.6M151M157M77.8M78.0M79.9M8.20M48.6M95.9M94.2M

Every figure is extracted from National CineMedia, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is National CineMedia, Inc.'s annual revenue?
National CineMedia, Inc. (NCMI) reported $243M of revenue for fiscal year 2026 — up 1.0% from $241M in FY2024, per its annual report filed with the SEC.
Is National CineMedia, Inc. profitable?
Not in FY2026 — NCMI reported a net loss of $10.6M, per SEC filings.
What is National CineMedia, Inc.'s free cash flow?
$2.80M in FY2026 (operating cash flow $8.40M minus $5.60M of capital expenditures), from the SEC cash-flow statement.
Does NCMI pay a dividend?
Yes — National CineMedia, Inc. paid $11.4M in cash dividends during FY2026, per its SEC cash-flow statement.
Full NCMI analysis — verdict, score & filings →Is NCMI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.