National CineMedia financials
$2.30+4.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Jan 1 | FY24 Dec 26 | FY23 Dec 28 | FY22 Dec 29 | FY21 Dec 30 | FY20 Dec 31 | FY19 Dec 26 | FY18 Dec 27 | FY17 Dec 28 | FY16 Dec 29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $243.2M | $240.8M | $165.2M | $249.2M | $114.6M | $90.4M | $444.8M | $441.4M | $426.1M | $447.6M |
| Gross profit | $230.2M | $227.1M | $154.6M | $222.0M | $96.2M | $80.1M | $406.5M | $404.0M | $393.7M | $417.6M |
| Gross margin | 94.7% | 94.3% | 93.6% | 89.1% | 83.9% | 88.6% | 91.4% | 91.5% | 92.4% | 93.3% |
| Operating income | -$13.9M | -$19.5M | -$27.3M | $6.9M | -$68.6M | -$61.0M | $161.3M | $154.3M | $153.9M | $173.0M |
| Net income | -$10.6M | -$22.3M | $705.2M | -$28.7M | -$48.7M | -$65.4M | $36.1M | $29.8M | $58.3M | $32.9M |
| Net margin | −4.4% | −9.3% | 426.9% | −11.5% | −42.5% | −72.3% | 8.1% | 6.8% | 13.7% | 7.4% |
| Diluted EPS | $-0.11 | $-0.23 | $14.34 | $-3.50 | $-6.10 | $-8.40 | $4.60 | $3.70 | $4.80 | $5.40 |
| EBITDA | $24.0M | $22.9M | -$1.8M | $44.2M | -$33.0M | -$21.6M | $201.6M | $194.2M | $191.5M | $208.8M |
| Operating cash flow | $8.4M | $60.3M | -$6.7M | -$47.3M | -$95.2M | $55.3M | $143.6M | $168.7M | $157.7M | $133.3M |
| Free cash flow | $2.8M | $54.5M | -$10.0M | -$50.2M | -$100.9M | $47.3M | $129.6M | $154.5M | $146.1M | $120.4M |
| Diluted shares | 94.2M | 95.9M | 48.6M | 8.2M | 8.0M | 7.8M | 7.8M | 15.7M | 15.1M | 6.1M |
Balance sheet
| Period end | Jan 1 | Dec 26 | Dec 28 | Dec 29 | Dec 30 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $34.6M | $75.1M | $34.6M | $61.7M | $101.2M | $180.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $700.0K | $300.0K | $300.0K |
| Total debt | $14.9M | $74.0M | $10.0M | $1.12B | $1.10B | $1.05B |
| Total assets | $490.6M | $568.6M | $567.7M | $792.4M | $817.4M | $886.2M |
| Total liabilities | $115.2M | $157.4M | $133.2M | $1.26B | $1.20B | $1.15B |
| Shareholders' equity | $375.4M | $411.2M | $434.5M | -$464.0M | -$383.5M | -$268.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology