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Side-by-side financial comparison of National CineMedia, Inc. (NCMI) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.

PUMA BIOTECHNOLOGY, INC. is the larger business by last-quarter revenue ($75.5M vs $63.4M, roughly 1.2× National CineMedia, Inc.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 1.6%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $-2.0M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -16.4%).

National CineMedia, Inc. (NCM) is an American cinema advertising company. NCM displays ads to U.S. consumers in movie theaters, online and through mobile technology. NCM presents cinema advertising across a digital in-theater network, consisting of theaters owned by AMC Theatres, Cinemark Theatres, Regal Cinemas and other regional theater circuits.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

NCMI vs PBYI — Head-to-Head

Bigger by revenue
PBYI
PBYI
1.2× larger
PBYI
$75.5M
$63.4M
NCMI
Growing faster (revenue YoY)
PBYI
PBYI
+26.1% gap
PBYI
27.7%
1.6%
NCMI
More free cash flow
PBYI
PBYI
$16.4M more FCF
PBYI
$14.4M
$-2.0M
NCMI
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
-16.4%
NCMI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NCMI
NCMI
PBYI
PBYI
Revenue
$63.4M
$75.5M
Net Profit
$1.6M
Gross Margin
95.0%
69.3%
Operating Margin
-2.8%
22.7%
Net Margin
2.5%
Revenue YoY
1.6%
27.7%
Net Profit YoY
144.4%
EPS (diluted)
$0.02
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NCMI
NCMI
PBYI
PBYI
Q4 25
$75.5M
Q3 25
$63.4M
$54.5M
Q2 25
$51.8M
$52.4M
Q1 25
$34.9M
$46.0M
Q4 24
$86.3M
$59.1M
Q3 24
$62.4M
$80.5M
Q2 24
$54.7M
$47.1M
Q1 24
$37.4M
$43.8M
Net Profit
NCMI
NCMI
PBYI
PBYI
Q4 25
Q3 25
$1.6M
$8.8M
Q2 25
$-10.7M
$5.9M
Q1 25
$-30.7M
$3.0M
Q4 24
$24.7M
Q3 24
$-3.6M
$20.3M
Q2 24
$-8.7M
$-4.5M
Q1 24
$-34.7M
$-4.8M
Gross Margin
NCMI
NCMI
PBYI
PBYI
Q4 25
69.3%
Q3 25
95.0%
77.7%
Q2 25
93.8%
76.5%
Q1 25
91.1%
77.1%
Q4 24
96.4%
76.4%
Q3 24
94.7%
63.9%
Q2 24
93.2%
77.4%
Q1 24
90.4%
75.5%
Operating Margin
NCMI
NCMI
PBYI
PBYI
Q4 25
22.7%
Q3 25
-2.8%
17.6%
Q2 25
-23.2%
12.7%
Q1 25
-68.5%
8.7%
Q4 24
23.2%
22.6%
Q3 24
-12.0%
27.4%
Q2 24
-17.0%
-4.6%
Q1 24
-60.7%
-5.3%
Net Margin
NCMI
NCMI
PBYI
PBYI
Q4 25
Q3 25
2.5%
16.2%
Q2 25
-20.7%
11.2%
Q1 25
-88.0%
6.5%
Q4 24
28.6%
Q3 24
-5.8%
25.2%
Q2 24
-15.9%
-9.6%
Q1 24
-92.8%
-11.0%
EPS (diluted)
NCMI
NCMI
PBYI
PBYI
Q4 25
$0.26
Q3 25
$0.02
$0.17
Q2 25
$-0.11
$0.12
Q1 25
$-0.32
$0.06
Q4 24
$0.26
$0.40
Q3 24
$-0.04
$0.41
Q2 24
$-0.09
$-0.09
Q1 24
$-0.36
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NCMI
NCMI
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$29.9M
$97.5M
Total DebtLower is stronger
$22.7M
Stockholders' EquityBook value
$350.5M
$130.3M
Total Assets
$451.9M
$216.3M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NCMI
NCMI
PBYI
PBYI
Q4 25
$97.5M
Q3 25
$29.9M
$94.4M
Q2 25
$37.2M
$96.0M
Q1 25
$59.8M
$93.2M
Q4 24
$75.2M
$101.0M
Q3 24
$49.5M
$96.7M
Q2 24
$53.8M
$96.8M
Q1 24
$57.1M
$107.2M
Total Debt
NCMI
NCMI
PBYI
PBYI
Q4 25
$22.7M
Q3 25
$34.0M
Q2 25
$45.3M
Q1 25
$56.7M
Q4 24
$68.0M
Q3 24
$79.3M
Q2 24
$90.7M
Q1 24
$102.0M
Stockholders' Equity
NCMI
NCMI
PBYI
PBYI
Q4 25
$130.3M
Q3 25
$350.5M
$115.3M
Q2 25
$350.0M
$104.7M
Q1 25
$370.8M
$97.1M
Q4 24
$411.2M
$92.1M
Q3 24
$385.5M
$71.1M
Q2 24
$387.9M
$48.5M
Q1 24
$402.3M
$51.0M
Total Assets
NCMI
NCMI
PBYI
PBYI
Q4 25
$216.3M
Q3 25
$451.9M
$202.9M
Q2 25
$462.0M
$194.9M
Q1 25
$503.8M
$196.2M
Q4 24
$568.6M
$213.3M
Q3 24
$526.1M
$220.7M
Q2 24
$527.2M
$205.0M
Q1 24
$538.6M
$214.1M
Debt / Equity
NCMI
NCMI
PBYI
PBYI
Q4 25
0.17×
Q3 25
0.30×
Q2 25
0.43×
Q1 25
0.58×
Q4 24
0.74×
Q3 24
1.12×
Q2 24
1.87×
Q1 24
2.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NCMI
NCMI
PBYI
PBYI
Operating Cash FlowLast quarter
$-1.0M
$14.4M
Free Cash FlowOCF − Capex
$-2.0M
$14.4M
FCF MarginFCF / Revenue
-3.2%
19.1%
Capex IntensityCapex / Revenue
1.6%
0.0%
Cash ConversionOCF / Net Profit
-0.63×
TTM Free Cash FlowTrailing 4 quarters
$24.8M
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NCMI
NCMI
PBYI
PBYI
Q4 25
$14.4M
Q3 25
$-1.0M
$9.7M
Q2 25
$-4.9M
$14.1M
Q1 25
$6.0M
$3.6M
Q4 24
$30.5M
$15.6M
Q3 24
$-2.0M
$11.0M
Q2 24
$7.7M
$1.0M
Q1 24
$24.1M
$11.2M
Free Cash Flow
NCMI
NCMI
PBYI
PBYI
Q4 25
$14.4M
Q3 25
$-2.0M
$9.7M
Q2 25
$-6.6M
$14.1M
Q1 25
$5.3M
$3.6M
Q4 24
$28.1M
$15.6M
Q3 24
$-2.6M
$11.0M
Q2 24
$6.4M
$1.0M
Q1 24
$22.6M
FCF Margin
NCMI
NCMI
PBYI
PBYI
Q4 25
19.1%
Q3 25
-3.2%
17.7%
Q2 25
-12.7%
26.8%
Q1 25
15.2%
7.7%
Q4 24
32.6%
26.4%
Q3 24
-4.2%
13.7%
Q2 24
11.7%
2.1%
Q1 24
60.4%
Capex Intensity
NCMI
NCMI
PBYI
PBYI
Q4 25
0.0%
Q3 25
1.6%
0.0%
Q2 25
3.3%
0.0%
Q1 25
2.0%
0.1%
Q4 24
2.8%
0.0%
Q3 24
1.0%
0.0%
Q2 24
2.4%
0.0%
Q1 24
4.0%
0.0%
Cash Conversion
NCMI
NCMI
PBYI
PBYI
Q4 25
Q3 25
-0.63×
1.10×
Q2 25
2.41×
Q1 25
1.21×
Q4 24
1.23×
Q3 24
0.54×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NCMI
NCMI

National Advertising Revenue$49.9M79%
Local Advertising Revenue$9.6M15%
Founding Member Advertising Revenue From Beverage Concessionaire Agreements$3.9M6%

PBYI
PBYI

Segment breakdown not available.

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