National CineMedia NCMI Barter Transaction Revenue — Cost of Goods Sold

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Questions, answered.

What is National CineMedia's barter transaction revenue — cost of goods sold?

National CineMedia (NCMI) reported barter transaction revenue — cost of goods sold of $125K in Q4 2025.

How has National CineMedia's barter transaction revenue — cost of goods sold changed year-over-year?

National CineMedia's barter transaction revenue — cost of goods sold increased by 66.7% year-over-year, from $75K to $125K.

What is the long-term trend for National CineMedia's barter transaction revenue — cost of goods sold?

Over 4 years (2021 to 2025), National CineMedia's barter transaction revenue — cost of goods sold has grown at a -8.1% compound annual growth rate (CAGR), from $700K to $500K.

What does barter transaction revenue — cost of goods sold mean?

This metric captures the direct costs incurred to fulfill advertising obligations associated with barter transactions. It includes the expenses directly attributable to delivering the advertising content or promotional services provided in exchange for non-cash assets. Monitoring this cost helps assess the operational efficiency and profitability margins of the company's barter-based advertising segment.