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Filing Flows › National CineMedia (NCMI) › Q2 2026 › vs Q1 2026

National CineMedia (NCMI) Q2 2026 vs Q1 2026 (quarter over quarter)

National CineMedia's revenue rose $24.4M (+72%) from $34.0M in Q1 2026 to $58.4M in Q2 2026. The biggest changes: National Advertising Revenue +$17.4M (+63%); Local Advertising Revenue +$5.1M (+116%); Founding Member Advertising Revenue From Beverage Concessionaire Agreements +$1.9M (+90%).

National CineMedia, Q2 2026: revenue $58.4M (+13% year over year), operating margin -21.9%, net loss $9.9M, operating cash flow −$1.5M. The chart draws each line against Q1 2026, the increases inside each band.

National CineMedia: what changed, Q2 2026 vs Q1 2026National CineMedia: what changed, Q2 2026 vs Q1 2026Working capital & other−$38.9MCash used in operations$19.6MNet loss−$18.7MOperating cash sources−$18.7MNet loss absorbed−$18.7MNational Advertising Revenue$17.4MOther operating costs$13.0MOperating costs$10.3MCosts & expenses$8.6MLocal Advertising Revenue$5.1M

Every line

LineQ2 2026Q1 2026Change%
National Advertising Revenue$44.9M$27.5M$17.4M+63%
Local Advertising Revenue$9.5M$4.4M$5.1M+116%
Founding Member Advertising Revenue From Beverage Concessionaire Agreements$4.0M$2.1M$1.9M+90%
Revenue$58.4M$34.0M$24.4M+72%
Other income, net$2.9M−$1.7M$4.6M—
Net loss$9.9M$28.6M−$18.7M-65%
Costs & expenses$71.2M$62.6M$8.6M+14%
Operating costs$71.2M$60.9M$10.3M+17%
Cost of revenue$3.7M$4.0M−$300K-7%
Sales & marketing$9.6M$9.5M$100K+1%
General & admin$10.8M$13.3M−$2.5M-19%
Other operating costs$47.1M$34.1M$13.0M+38%
Operating cash sources$9.9M$28.6M−$18.7M-65%
Share-based compensation$2.3M$1.7M$600K+35%
Working capital & other$6.1M$45.0M−$38.9M-86%
Cash used in operations$1.5M−$18.1M$19.6M—
Net loss absorbed$9.9M$28.6M−$18.7M-65%

Questions

How much did National CineMedia's revenue grow quarter over quarter in Q2 2026?

National CineMedia's revenue rose $24.4M (+72%) from $34.0M in Q1 2026 to $58.4M in Q2 2026.

What drove National CineMedia's revenue change in Q2 2026?

National Advertising Revenue +$17.4M (+63%); Local Advertising Revenue +$5.1M (+116%); Founding Member Advertising Revenue From Beverage Concessionaire Agreements +$1.9M (+90%).

Q2 2026 results → · Compare in the interactive Sankey →