Company research / NVCR

NovoCure Ltd (NVCR)

CIK 0001645113 · Nasdaq · Surgical & Medical Instruments & Apparatus

  • Sector Manufacturing
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, NovoCure Ltd reported revenue of $655.35M. Revenue grew 8.3% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $699.19M.

Key ratios (year ended 2025-12-31)

74.5%
Gross margin
-23.5%
Operating margin
-20.8%
Net margin
-40.0%
Return on year-end equity
8.3%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-01

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$699.19M$655.35M$605.22M$509.34M$537.84M$535.03M$494.37M$351.32M$248.07M$177.03M$82.89M
Cost of Revenue$166.92M$166.88M$137.18M$128.28M$114.87M$114.88M$106.50M$88.61M$80.05M$55.61M$39.87M
Gross Profit$532.27M$488.47M$468.04M$381.06M$422.97M$420.15M$387.87M$262.71M$168.02M$121.42M$36.61M
R&D Expense$224.72M$224.54M$209.65M$223.06M$206.09M$201.30M$132.01M$79.00M$50.57M$38.10M$41.47M
Operating Income-$154.40M-$153.80M-$170.50M-$232.87M-$89.52M-$44.33M$30.40M-$914.0K-$33.67M-$39.33M-$115.32M
Depreciation & Amortization$16.31M$14.65M$11.23M$10.97M$10.62M$10.25M$9.15M$8.46M$9.01M$7.68M$5.65M
EBITDA-$138.08M-$139.15M-$159.26M-$221.90M-$78.90M-$34.08M$39.55M$7.55M-$24.67M-$31.65M-$109.67M
Net Income-$148.56M-$136.23M-$168.63M-$207.04M-$92.53M-$58.35M$19.81M-$7.23M-$63.56M-$61.66M-$131.84M
EPS (Diluted)n/a-$1.22-$1.56-$1.95-$0.88-$0.56$0.18-$0.07-$0.69n/an/a
Total Assets$795.19M$804.33M$1.24B$1.15B$1.19B$1.14B$1.05B$479.45M$339.79M$265.30M$282.08M
Total Liabilities$457.10M$463.86M$880.61M$783.63M$750.48M$729.00M$575.46M$261.66M$227.53M$151.73M$139.74M
Long-Term Debtn/an/an/a$568.82M$565.51M$562.22M$429.90M$149.42Mn/an/an/a
Shareholders' Equity$338.09M$340.47M$360.18M$362.50M$441.17M$410.49M$476.53M$217.79M$112.26M$113.56M$142.34M
Cash & Equivalents$93.70M$93.55M$163.77M$240.82M$115.33M$208.80M$234.67M$177.32M$140.62M$78.59M$99.78M
Operating Cash Flow-$2.81M-$49.03M-$26.37M-$73.34M$30.79M$82.76M$99.15M$26.62M-$1.86M-$33.13M-$107.59M
Capital Expenditures$22.62M$26.65M$42.85M$27.09M$21.36M$24.17M$14.97M$10.48M$6.71M$7.37M$5.67M
Free Cash Flow-$25.43M-$75.68M-$69.22M-$100.43M$9.43M$58.59M$84.18M$16.14M-$8.58M-$40.50M-$113.27M
Dividends Paidn/an/an/an/an/an/an/an/an/a$0$0
Shares Outstanding116.44M112.49M108.52M107.08M105.05M103.97M102.33M99.53M93.25M89.48M87.07M
Weighted Average Diluted Sharesn/a111.47M107.83M106.39M104.66M103.43M108.88M97.24M91.83Mn/an/a
EPS (Basic)n/a-$1.22-$1.56-$1.95-$0.88-$0.56$0.20-$0.07-$0.69n/an/a

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