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Side-by-side financial comparison of National CineMedia, Inc. (NCMI) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
National CineMedia, Inc. is the larger business by last-quarter revenue ($63.4M vs $32.6M, roughly 1.9× RxSight, Inc.). National CineMedia, Inc. runs the higher net margin — 2.5% vs -28.1%, a 30.6% gap on every dollar of revenue. On growth, National CineMedia, Inc. posted the faster year-over-year revenue change (1.6% vs -18.9%). National CineMedia, Inc. produced more free cash flow last quarter ($-2.0M vs $-2.3M). Over the past eight quarters, RxSight, Inc.'s revenue compounded faster (5.1% 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.
RxSight, Inc. is a medical technology company focused on developing and commercializing innovative intraocular lens solutions for patients undergoing cataract and refractive lens exchange procedures. Its flagship Light Adjustable Lens allows post-surgery power adjustment via a dedicated light delivery device, serving global ophthalmology care markets to improve post-operative visual outcomes for patients.
NCMI vs RXST — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $63.4M | $32.6M |
| Net Profit | $1.6M | $-9.2M |
| Gross Margin | 95.0% | 77.5% |
| Operating Margin | -2.8% | -34.8% |
| Net Margin | 2.5% | -28.1% |
| Revenue YoY | 1.6% | -18.9% |
| Net Profit YoY | 144.4% | -54.1% |
| EPS (diluted) | $0.02 | $-0.22 |
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.
| Q4 25 | — | $32.6M | ||
| Q3 25 | $63.4M | $30.3M | ||
| Q2 25 | $51.8M | $33.6M | ||
| Q1 25 | $34.9M | $37.9M | ||
| Q4 24 | $86.3M | $40.2M | ||
| Q3 24 | $62.4M | $35.3M | ||
| Q2 24 | $54.7M | $34.9M | ||
| Q1 24 | $37.4M | $29.5M |
| Q4 25 | — | $-9.2M | ||
| Q3 25 | $1.6M | $-9.8M | ||
| Q2 25 | $-10.7M | $-11.8M | ||
| Q1 25 | $-30.7M | $-8.2M | ||
| Q4 24 | $24.7M | $-5.9M | ||
| Q3 24 | $-3.6M | $-6.3M | ||
| Q2 24 | $-8.7M | $-6.1M | ||
| Q1 24 | $-34.7M | $-9.1M |
| Q4 25 | — | 77.5% | ||
| Q3 25 | 95.0% | 79.9% | ||
| Q2 25 | 93.8% | 74.9% | ||
| Q1 25 | 91.1% | 74.8% | ||
| Q4 24 | 96.4% | 71.6% | ||
| Q3 24 | 94.7% | 71.4% | ||
| Q2 24 | 93.2% | 69.5% | ||
| Q1 24 | 90.4% | 70.1% |
| Q4 25 | — | -34.8% | ||
| Q3 25 | -2.8% | -40.1% | ||
| Q2 25 | -23.2% | -41.6% | ||
| Q1 25 | -68.5% | -28.2% | ||
| Q4 24 | 23.2% | -21.5% | ||
| Q3 24 | -12.0% | -26.1% | ||
| Q2 24 | -17.0% | -23.9% | ||
| Q1 24 | -60.7% | -36.2% |
| Q4 25 | — | -28.1% | ||
| Q3 25 | 2.5% | -32.4% | ||
| Q2 25 | -20.7% | -35.0% | ||
| Q1 25 | -88.0% | -21.6% | ||
| Q4 24 | 28.6% | -14.8% | ||
| Q3 24 | -5.8% | -17.9% | ||
| Q2 24 | -15.9% | -17.4% | ||
| Q1 24 | -92.8% | -30.8% |
| Q4 25 | — | $-0.22 | ||
| Q3 25 | $0.02 | $-0.24 | ||
| Q2 25 | $-0.11 | $-0.29 | ||
| Q1 25 | $-0.32 | $-0.20 | ||
| Q4 24 | $0.26 | $-0.14 | ||
| Q3 24 | $-0.04 | $-0.16 | ||
| Q2 24 | $-0.09 | $-0.16 | ||
| Q1 24 | $-0.36 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.9M | $228.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $350.5M | $275.7M |
| Total Assets | $451.9M | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $228.1M | ||
| Q3 25 | $29.9M | $227.5M | ||
| Q2 25 | $37.2M | $227.5M | ||
| Q1 25 | $59.8M | $229.3M | ||
| Q4 24 | $75.2M | $237.2M | ||
| Q3 24 | $49.5M | $237.1M | ||
| Q2 24 | $53.8M | $233.3M | ||
| Q1 24 | $57.1M | $125.4M |
| Q4 25 | — | $275.7M | ||
| Q3 25 | $350.5M | $276.0M | ||
| Q2 25 | $350.0M | $278.0M | ||
| Q1 25 | $370.8M | $279.3M | ||
| Q4 24 | $411.2M | $281.2M | ||
| Q3 24 | $385.5M | $277.3M | ||
| Q2 24 | $387.9M | $275.2M | ||
| Q1 24 | $402.3M | $163.9M |
| Q4 25 | — | $311.8M | ||
| Q3 25 | $451.9M | $308.5M | ||
| Q2 25 | $462.0M | $309.0M | ||
| Q1 25 | $503.8M | $313.0M | ||
| Q4 24 | $568.6M | $318.6M | ||
| Q3 24 | $526.1M | $310.5M | ||
| Q2 24 | $527.2M | $305.5M | ||
| Q1 24 | $538.6M | $183.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.0M | $-1.1M |
| Free Cash FlowOCF − Capex | $-2.0M | $-2.3M |
| FCF MarginFCF / Revenue | -3.2% | -6.9% |
| Capex IntensityCapex / Revenue | 1.6% | 3.5% |
| Cash ConversionOCF / Net Profit | -0.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $24.8M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $-1.0M | $-1.2M | ||
| Q2 25 | $-4.9M | $-4.4M | ||
| Q1 25 | $6.0M | $-8.8M | ||
| Q4 24 | $30.5M | $-4.3M | ||
| Q3 24 | $-2.0M | $650.0K | ||
| Q2 24 | $7.7M | $-4.0M | ||
| Q1 24 | $24.1M | $-9.3M |
| Q4 25 | — | $-2.3M | ||
| Q3 25 | $-2.0M | $-1.8M | ||
| Q2 25 | $-6.6M | $-5.9M | ||
| Q1 25 | $5.3M | $-9.4M | ||
| Q4 24 | $28.1M | $-5.1M | ||
| Q3 24 | $-2.6M | $-453.0K | ||
| Q2 24 | $6.4M | $-5.5M | ||
| Q1 24 | $22.6M | $-11.3M |
| Q4 25 | — | -6.9% | ||
| Q3 25 | -3.2% | -5.8% | ||
| Q2 25 | -12.7% | -17.6% | ||
| Q1 25 | 15.2% | -24.8% | ||
| Q4 24 | 32.6% | -12.7% | ||
| Q3 24 | -4.2% | -1.3% | ||
| Q2 24 | 11.7% | -15.9% | ||
| Q1 24 | 60.4% | -38.2% |
| Q4 25 | — | 3.5% | ||
| Q3 25 | 1.6% | 1.9% | ||
| Q2 25 | 3.3% | 4.6% | ||
| Q1 25 | 2.0% | 1.5% | ||
| Q4 24 | 2.8% | 2.1% | ||
| Q3 24 | 1.0% | 3.1% | ||
| Q2 24 | 2.4% | 4.4% | ||
| Q1 24 | 4.0% | 6.7% |
| Q4 25 | — | — | ||
| Q3 25 | -0.63× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.23× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NCMI
| National Advertising Revenue | $49.9M | 79% |
| Local Advertising Revenue | $9.6M | 15% |
| Founding Member Advertising Revenue From Beverage Concessionaire Agreements | $3.9M | 6% |
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |
