Stocks Consumer discretionary NCMI
NASDAQ · Consumer discretionaryNational CineMedia, Inc. (NCMI)
National CineMedia, Inc. brought in $248.9M of revenue over the twelve months to July 2, 2026, up 5.7% from a year earlier. It posted a net loss of $7.7M. Operating cash flow minus capital spending left $2.8M of free cash flow in fiscal 2025. At July 2, 2026 it held $43.1M in cash against $12M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 11, 2026.
Key facts about National CineMedia, Inc.
- Net worth
- National CineMedia, Inc. has a market value (market cap) of $156.2M at the latest share price, and shareholders' equity of $334.3M on its balance sheet at July 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $243.2M (+1.0% year on year), with a net loss of $10.6M. Over the 12 months to July 2, 2026: revenue $248.9M, net loss $7.7M.
- Cash flow
- In fiscal 2025 operations brought in $8.4M of cash; after $5.6M of capital spending, free cash flow was $2.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 11, 2026 and covers the period to July 2, 2026. Open on SEC EDGAR
- Next earnings report
- National CineMedia, Inc.'s next report was expected around October 29, 2026 and is not on file with the SEC yet.
- Dividend
- National CineMedia, Inc. declared dividends of $0.12 per share in fiscal 2025, a yield of 7.23% at the current price.
What National CineMedia, Inc. does
National CineMedia, Inc. is registered with the SEC under industry code SIC 7310 (Services-Advertising). Its shares trade on NASDAQ under the ticker NCMI.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $243.2M | -$10.6M | -$0.11 | $2.8M |
| 2024 | $240.8M | -$22.3M | -$0.23 | $54.5M |
| 2023 | $165.2M | $705.2M | $14.34 | -$10M |
| 2022 | $249.2M | -$28.7M | -$3.50 | -$50.2M |
| 2021 | $114.6M | -$48.7M | -$6.10 | -$100.9M |
| 2020 | $90.4M | -$65.4M | -$8.40 | $47.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where NCMI ranks in Consumer discretionary
Dividends
National CineMedia, Inc. declared $0.12 per share in fiscal 2025. At the current price that is a yield of 7.23%. It paid out $11.4M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.12 | $11.4M | n/a |
| 2024 | n/a | $300K | n/a |
| 2023 | n/a | $500K | 0% |
| 2022 | $0.11 | $9.5M | n/a |
| 2021 | $0.20 | $16.9M | n/a |
| 2020 | $0.40 | $32M | n/a |
Latest SEC filings
What National CineMedia, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 9, 2026Activist stake (5% or more) SCHEDULE 13D
- September 21, 2026Acquisition or sale completed8-KNational CineMedia completed the acquisition of Captivate for $275.0 million and secured new credit facilities.
- September 8, 2026Passive stake changed SCHEDULE 13G/A
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026Quarterly report 10-Q · period to July 2, 2026Revenue rose 13% to $58.4M versus the same quarter last year; diluted EPS -$0.11 versus -$0.11.
- August 11, 2026
- August 11, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
- May 15, 2026Passive stake changed SCHEDULE 13G/A
What is NCMI worth? A DCF from its reported cash flow
Insider trades
What the people running National CineMedia, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $248.3K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Lesinski Thomas F.Chief Executive Officer, Director | Sold | 70,933 | $148.5K |
| October 1, 2026 | Ng Ronnie Y.Chief Financial Officer | Sold | 35,467 | $74.3K |
| October 1, 2026 | Woods Maria VGChief Legal Officer | Sold | 12,189 | $25.5K |
| September 30, 2026 | Lesinski Thomas F.Chief Executive Officer, Director | Exercised options | 103,333 | - |
| September 30, 2026 | Ng Ronnie Y.Chief Financial Officer | Exercised options | 51,666 | - |
| September 30, 2026 | Woods Maria VGChief Legal Officer | Exercised options | 25,833 | - |
| August 14, 2026 | Glazek David EdwardDirector | Received as pay | 50,000 | $139.3K |
| August 3, 2026 | Lesinski Thomas F.Chief Executive Officer, Director | Sold | 50,623 | $211.8K |
Who owns NCMI
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Mubashir Mukadam13D, may seek influence with 9 related filers | 29% | September 29, 2025 |
| Blantyre Capital II Limited13D, may seek influence | 28.9% | October 9, 2026 |
| Orbis Investment Management Ltd13G, passive with 1 related filers | 11.8% | September 8, 2026 |
| Hotchkis and Wiley Capital Management, LLC13G, passive | 10.08% | August 12, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 107 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Blantyre Capital Ltd | 27,144,639 | 0 |
| Hotchkis & Wiley Capital Management LLC | 9,451,093 | +1,553,240 |
| Orbis Allan Gray Ltd | 9,313,977 | +175,935 |
| BlackRock, Inc. | 5,771,528 | +422,582 |
| Vanguard Capital Management LLC | 3,221,372 | -6,999 |
| Wellington Management Group Llp | 3,220,165 | +444,984 |
| Geode Capital Management, LLC | 2,118,373 | +95,532 |
| Barclays PLC | 2,010,024 | -153,136 |
| Luxor Capital Group, LP | 1,960,660 | +139,923 |
| Dimensional Fund Advisors LP | 1,880,647 | -117,258 |
| Jpmorgan Chase & Co | 1,805,343 | +687 |
| Glendon Capital Management LP | 1,678,903 | 0 |
| State Street Corp | 1,588,634 | -27,480 |
| Whitebox Advisors LLC | 1,342,084 | +100,000 |
| EVR Research LP | 1,160,000 | +30,000 |
| Bank of New York Mellon Corp | 698,209 | +24,899 |
| First Eagle Investment Management, LLC | 687,428 | +251,810 |
| Vanguard Portfolio Management LLC | 663,842 | +31,069 |
| Charles Schwab Investment Management Inc | 648,996 | -52,264 |
| Northern Trust Corp | 599,154 | +14,759 |
Insiders
8 insiders reported holding 1,304,543 shares in total, about $2.2M at the last price.
| Holder | Shares |
|---|---|
| Lesinski Thomas F.Chief Executive Officer, Director | 583,061 |
| Ng Ronnie Y.Chief Financial Officer | 220,294 |
| Woods Maria VGChief Legal Officer | 176,806 |
| Glazek David EdwardDirector | 111,720 |
| Marchese JoeDirector | 70,875 |
| Bell NicholasDirector | 69,186 |
| Hill Juliana FDirector | 58,575 |
| Campbell Kotzman KellyDirector | 14,026 |
Questions about NCMI
What does National CineMedia, Inc. do?
National CineMedia, Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as NCMI. Its shares trade on NASDAQ under the ticker NCMI.
What is National CineMedia, Inc.'s net worth?
National CineMedia, Inc. has a market value (market cap) of $156.2M at the latest share price, and shareholders' equity of $334.3M on its balance sheet at July 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is National CineMedia, Inc. profitable?
No. Over the twelve months to July 2, 2026 it reported a net loss of $7.7M on revenue of $248.9M.
How much revenue does National CineMedia, Inc. make?
Over the twelve months to July 2, 2026 National CineMedia, Inc. reported revenue of $248.9M. That is 5.7% more than a year earlier.
When did National CineMedia, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 11, 2026. It covers the period to July 2, 2026. Its newest filing of any kind is the activist stake (5% or more) from October 9, 2026.
When is National CineMedia, Inc.'s next earnings report?
National CineMedia, Inc.'s next report was expected around October 29, 2026 and is not on file with the SEC yet.
Does National CineMedia, Inc. pay a dividend?
Yes. National CineMedia, Inc. declared dividends of $0.12 per share in fiscal 2025, a yield of 7.23% at the current price.
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Where the numbers come from
Financial figures are the values National CineMedia, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.