NovoCure Limited (NVCR)
NASDAQ: NVCR · Real-Time Price · USD
11.47
-0.25 (-2.13%)
Nov 13, 2026, 12:25 PM EST - Market open

NovoCure Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
725.39655.35605.22509.34537.84535.03
Revenue Growth
12.94%8.28%18.82%-5.30%0.53%8.23%
Gross Profit
560.38490.18469.05381.8423.58420.79
Operating Income
-119.04-148.29-167.54-226.16-88.91-43.69
Net Income
-121.73-136.23-168.63-207.04-92.53-58.35
Earnings Per Share
-1.06-1.22-1.56-1.95-0.88-0.56
EPS Growth
------

Revenue by Geography

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
412.42385.63391.8349.74406.89353.11
Germany
94.1279.4165.2660.2146.1293.94
France
83.2476.1955.7311.74--
Japan
46.7537.7932.5731.6732.7834.64
Other International Markets
68.9856.942.4732.7630.7130.58
Greater China
19.8719.4417.3923.2221.3322.77
Total
725.39655.35605.22509.34537.84535.03

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
463.48447.67959.87910.62969.43937.7
Total Debt
231.55248.35683.34596.24584.34575.23
Net Cash (Debt)
231.93199.32276.53314.37385.08362.48
Net Cash Growth
-1.54%-27.92%-12.04%-18.36%6.24%-9.00%
Net Cash Per Share
2.021.792.562.953.683.50

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-0.72-49.03-26.37-73.3430.7982.76
Capital Expenditures
-23.89-26.65-42.86-27.09-21.36-24.17
Free Cash Flow
-24.61-75.68-69.22-100.439.4358.59
Free Cash Flow Growth
-----83.90%-30.40%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
77.25%74.80%77.50%74.96%78.76%78.65%
Operating Margin
-16.41%-22.63%-27.68%-44.40%-16.53%-8.17%
Pretax Margin
-18.00%-20.79%-21.67%-37.64%-15.22%-9.73%
Profit Margin
-16.78%-20.79%-27.86%-40.65%-17.21%-10.91%
FCF Margin
-3.39%-11.55%-11.44%-19.72%1.75%10.95%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
1.862.215.333.1314.3114.57