National CineMedia, Inc. (NCMI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NCMI Revenue Growth
Revenue Breakdown (FY 2025)
NCMI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
NCMI Revenue Analysis (2014–2025)
As of May 6, 2026, National CineMedia, Inc. (NCMI) generated trailing twelve-month (TTM) revenue of $243.2 million, reflecting solid growth of +7.9% year-over-year. The most recent quarter (Q4 2025) recorded $93.1 million in revenue, up 46.8% sequentially.
Looking at the longer-term picture, NCMI's 5-year compound annual growth rate (CAGR) stands at +21.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $447.6 million in 2016.
Revenue diversification analysis shows NCMI's business is primarily driven by National Advertising Revenue (80%), Local Advertising Revenue (14%), and Founding Member Advertising Revenue From Beverage Concessionaire Agreements (6%). With over half of revenue concentrated in National Advertising Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including CCO (-3.4% YoY), OUT (+0.0% YoY), and LAMR (+2.7% YoY), NCMI has outperformed the peer group in terms of revenue growth. Compare NCMI vs CCO →
NCMI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NCMICurrent | $243M | +7.9% | +21.9% | -5.7% | |
 CCO | $1.6B | -3.4% | -2.9% | 19.0% | |
 OUT | $1.8B | +0.0% | +8.2% | 16.8% | |
 LAMR | $2.3B | +2.7% | +7.6% | 30.8% | |
 VALU | $35M | - | - | 17.1% | |
 IPG | $10.7B | -6.0% | +0.9% | 11.3% |
NCMI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $243.2M | +1.0% | $73.8M | 30.3% | $-13,900,000 | -5.7% |
| 2024 | $240.8M | +45.8% | $72.8M | 30.2% | $-19,500,000 | -8.1% |
| 2023 | $165.2M | -33.7% | $85.1M | 51.5% | $-27,300,000 | -16.5% |
| 2022 | $249.2M | +117.5% | $131.3M | 52.7% | $6.9M | 2.8% |
| 2021 | $114.6M | +26.8% | $37.7M | 32.9% | $-68,600,000 | -59.9% |
| 2020 | $90.4M | -79.7% | $46.9M | 51.9% | $-61,000,000 | -67.5% |
| 2019 | $444.8M | +0.8% | $310.3M | 69.8% | $161.3M | 36.3% |
| 2018 | $441.4M | +3.6% | $404.0M | 91.5% | $154.3M | 35.0% |
| 2017 | $426.1M | -4.8% | $393.7M | 92.4% | $153.9M | 36.1% |
| 2016 | $447.6M | +0.2% | $417.6M | 93.3% | $173.0M | 38.7% |
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Start ComparisonNCMI — Frequently Asked Questions
Quick answers to the most common questions about buying NCMI stock.
Is NCMI's revenue growth accelerating or slowing?
NCMI maintains +7.9% revenue growth, in line with its 5-year CAGR of +21.9%. TTM revenue stands at $243M. Growth rate remains consistent with historical average.
What is NCMI's long-term revenue growth rate?
National CineMedia, Inc.'s 5-year revenue CAGR of +21.9% reflects the sustained expansion pattern. Current YoY growth of +7.9% is near this long-term average.
How is NCMI's revenue distributed by segment?
NCMI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.