NovoCure Limited (NVCR)
NASDAQ: NVCR · Real-Time Price · USD
15.10
-0.49 (-3.14%)
At close: Oct 22, 2026, 4:00 PM EDT
14.85
-0.25 (-1.66%)
Pre-market: Oct 23, 2026, 7:44 AM EDT

NovoCure Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
699.19655.35605.22509.34537.84535.03
Revenue Growth
10.96%8.28%18.82%-5.30%0.53%8.23%
Gross Profit
533.98490.18469.05381.8423.58420.79
Operating Income
-151.19-148.29-167.54-226.16-88.91-43.69
Net Income
-148.57-136.23-168.63-207.04-92.53-58.35
Earnings Per Share
-1.31-1.22-1.56-1.95-0.88-0.56
EPS Growth
------

Revenue by Geography

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
397.13385.63391.8349.74406.89353.11
Germany
89.4679.4165.2660.2146.1293.94
France
84.1476.1955.7311.74--
Japan
41.6237.7932.5731.6732.7834.64
Other International Markets
65.8756.942.4732.7630.7130.58
Greater China
20.9819.4417.3923.2221.3322.77
Total
699.19655.35605.22509.34537.84535.03

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
440.56447.67959.87910.62969.43937.7
Total Debt
233.42248.35683.34596.24584.34575.23
Net Cash (Debt)
207.14199.32276.53314.37385.08362.48
Net Cash Growth
-1.96%-27.92%-12.04%-18.36%6.24%-9.00%
Net Cash Per Share
1.821.792.562.953.683.50

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-2.82-49.03-26.37-73.3430.7982.76
Capital Expenditures
-22.62-26.65-42.86-27.09-21.36-24.17
Free Cash Flow
-25.43-75.68-69.22-100.439.4358.59
Free Cash Flow Growth
-----83.90%-30.40%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
76.37%74.80%77.50%74.96%78.76%78.65%
Operating Margin
-21.62%-22.63%-27.68%-44.40%-16.53%-8.17%
Pretax Margin
-21.84%-20.79%-21.67%-37.64%-15.22%-9.73%
Profit Margin
-21.25%-20.79%-27.86%-40.65%-17.21%-10.91%
FCF Margin
-3.64%-11.55%-11.44%-19.72%1.75%10.95%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
-277.46277.46277.46277.46277.46
P/FCF Ratio
----816.34133.05
PS Ratio
2.512.215.333.1314.3114.57