National Cinemedia, Inc. · NASDAQ:NCMI
National Cinemedia — Q2 2026 Earnings Presentation
9 slides from National Cinemedia's earnings presentation, Aug 11, 2026
Slide 1: 2Q'26 Earnings Supplemental Presentation
2Q’26 Earnings Supplemental Presentation August 10, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains various forward-looking statements that reflect management’s current expectations or beliefs regarding future events, including statements regarding the Company’s anticipated future financial performance and any projections or expectations regard
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted OIBDA, Unlevered Free Cash Flow and Adjusted Operating Expense Adjusted Operating Income Before Depreciation and Amortization (“Adjusted OIBDA”), Unlevered free cash flow and Adjusted Operating Expense are not financial measures calculated in accordance with GAAP
Slide 4: 2Q'26 Key Highlights
2Q’26 Key Highlights • NCM entered into a definitive agreement to acquire Captivate Holdings, a leading operator of digital video elevator and lobby advertising in North America, for an enterprise value of $275.0M; the transaction is expected to close in the second half of 2026, subject to customary
Slide 5: 2Q'26 Results vs. Guidance
2Q’26 Results vs. Guidance 2Q’26 Revenue 2Q’26 Adjusted OIBDA $63.0 $5.0 $57.0 $58.4 $2.1 $1.0 Low High Actual Low High Actual Management Guidance Management Guidance 5
Slide 6: NCM, Inc. 2Q'26 & 2025 Financial Results
NCM, Inc. 2Q’26 & 2025 Financial Results Quarter Ended (in millions, unaudited) June 26, September 25, January 1, April 2, July 2, 2025 2025 2026 2026 2026 Attendance 115.3 108.7 107.4 83.2 137.6 Revenue $51.8 $63.4 $93.2 $34.0 $58.4 Operating Expenses Network Operating Costs 3.2 3.2 3.5 4.0 3.7 The
Slide 7: Adjusted OIBDA & Unlevered Free Cash Flow Reconciliation for NCM, Inc.
Adjusted OIBDA & Unlevered Free Cash Flow Reconciliation for NCM, Inc. Quarter Ended (in millions, unaudited) June 26, September 25, January 1, April 2, July 2, 2025 2025 2026 2026 2026 Operating income (loss) $(12.0) $(1.8) $23.8 $(26.9) $(12.8) Depreciation expense 1.1 1.1 1.3 1.5 1.5 Amortization
Slide 8: Adjusted Operating Expense Reconciliation for NCM, Inc.
Adjusted Operating Expense Reconciliation for NCM, Inc. Quarter Ended (in millions, unaudited) June 26, September 25, January 1, April 2, July 2, 2025 2025 2026 2026 2026 Operating expense $63.8 $65.2 $69.4 $60.9 $71.2 Depreciation expense (1.1) (1.1) (1.3) (1.5) (1.5) Amortization expense (8.2) (7.
Slide 9: Investor Contact Media Contact
Investor Contact Media Contact Chan Park press@ncm.com investors@ncm.com