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National CineMedia NCMI Q2 2026 earnings

Reported August 11, 2026 · After market close

Revenue$58.4MMiss by $940.0K
EPS-$0.10Miss by $0.02
Revenue estimate$59.3M
EPS estimate-$0.09
NCM delivered another quarter of meaningful growth alongside the strong domestic box office. We navigated a competitive advertising environment while executing against our strategic priorities, including continuing to strengthen our local business and driving efficiencies across the business through our operational transformation initiative. As we look to the future, we have taken a transformative next step in advancing our growth strategy through our agreement to acquire Captivate, the leading operator of digital video elevator and lobby advertising in North America, expanding and diversifying our premium platform to reach complementary, highly sought-after attentive audiences. Together, NCM and Captivate will create the leading premium video and digital out-of-home platform across theaters, office buildings and residential properties, enabling advertisers to reach consumers in high attention locations, with a single premium media partner.
Tom Lesinski

Next report

Oct 29, 2026 (in a month)
Revenue estimate$68.8M
EPS estimate$0.03

Financials

Q2 2026

Income statement

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Revenue$58.4M+12.7%
Gross profit$54.7M+12.6%
Operating income-$12.8M-6.7%
Net income-$9.9M+7.5%
EPS (diluted)-$0.110.0%

Balance sheet

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Cash & equivalents$46.1M+14.4%
Total debt$21.9M+62.2%
Total equity$334.3M-4.5%
Total assets$446.3M-3.4%

Cash flow

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CapEx$700.0K-58.8%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$227.65M-50.3%
Enterprise value$203.45M-52.8%
P/S0.9×-1.0×

Profitability

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Gross margin94.2%-0.4pp

Returns & leverage

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Debt / equity0.1×0.0×
Current ratio1.8×+0.1×

Segments

By product

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National Advertising Revenue$44.9M+9.0%
Local Advertising Revenue$9.5M+48.4%
Founding Member Advertising Revenue From Beverage Concessionaire Agreements$4.0M-4.8%

FAQ

When did National CineMedia report Q2 2026 earnings?
National CineMedia (NCMI) reported Q2 2026 earnings on August 11, 2026 after market close.
What were National CineMedia's Q2 2026 revenue and EPS?
National CineMedia reported revenue of $58.4M and eps of $-0.10 for Q2 2026.
Did National CineMedia beat estimates in Q2 2026?
Revenue missed the consensus estimate of $59.3M by $940.0K. EPS missed the consensus estimate of $-0.09 by $0.01.
How did National CineMedia's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 12.7% from $51.8M a year earlier and eps grew 9.1% from $-0.11.
Where can I find National CineMedia's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-344631) and the 10-Q periodic report (0001193125-26-344956) directly on SEC EDGAR. The filing index links above go to sec.gov.