National CineMedia annual gross margin
2022
2023
2024
2025
National CineMedia Gross Margin Growth & History (NCMI)
National CineMedia's gross margin was 94.65% for fiscal 2025.
View full National CineMedia company overviewNational CineMedia annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-01-01 | 94.65% | +0.34 pp |
| 2024 | 2024-12-26 | 94.31% | +0.73 pp |
| 2023 | 2023-12-28 | 93.58% | +40.89 pp |
| 2022 | 2022-12-29 | 52.69% | — |
National CineMedia quarterly gross margin
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-07-02 | 93.66% | −0.16 pp |
| Q1 2026 | 2026-04-02 | 88.24% | −2.88 pp |
| Q4 2025 | 2026-01-01 | 96.24% | −0.17 pp |
| Q3 2025 | 2025-09-25 | 94.95% | +0.24 pp |
| Q2 2025 | 2025-06-26 | 93.82% | +0.59 pp |
| Q1 2025 | 2025-03-27 | 91.12% | +0.74 pp |
| Q4 2024 | 2024-12-26 | 96.41% | +0.37 pp |
| Q3 2024 | 2024-09-26 | 94.71% | +5.24 pp |
| Q2 2024 | 2024-06-27 | 93.24% | −3.39 pp |
| Q1 2024 | 2024-03-28 | 90.37% | +1.55 pp |
| Q4 2023 | 2023-12-28 | 96.04% | — |
| Q3 2023 | 2023-09-28 | 89.47% | +1.03 pp |
| Q2 2023 | 2023-06-29 | 96.62% | +8.99 pp |
| Q1 2023 | 2023-03-30 | 88.83% | +1.92 pp |
| Q3 2022 | 2022-09-29 | 88.44% | +4.84 pp |
| Q2 2022 | 2022-06-30 | 87.63% | +10.49 pp |
| Q1 2022 | 2022-03-31 | 86.91% | +14.69 pp |
| Q3 2021 | 2021-09-30 | 83.60% | +1.93 pp |
| Q2 2021 | 2021-07-01 | 77.14% | +4.64 pp |
| Q1 2021 | 2021-04-01 | 72.22% | −18.20 pp |
| Q3 2020 | 2020-09-24 | 81.67% | −9.65 pp |
| Q2 2020 | 2020-06-25 | 72.50% | −18.52 pp |
| Q1 2020 | 2020-03-26 | 90.42% | −0.09 pp |
| Q3 2019 | 2019-09-26 | 91.31% | +0.67 pp |
| Q2 2019 | 2019-06-27 | 91.02% | −0.89 pp |
| Q1 2019 | 2019-03-28 | 90.51% | −0.76 pp |
| Q3 2018 | 2018-09-27 | 90.64% | — |
| Q2 2018 | 2018-06-28 | 91.91% | — |
| Q1 2018 | 2018-03-29 | 91.27% | — |
National CineMedia gross margin trends
Between the periods ended 2022-12-29 and 2026-01-01, National CineMedia's gross margin increased from 52.69% to 94.65%, a change of +41.97 percentage points. The latest reported quarter, Q2 2026, shows 93.66%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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