Novocure Ltd (NVCR) quarterly income statement — complete revenue, gross profit & net income history
Novocure Ltd (NVCR) annual income statement — 13-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 193.4M | 183.58M | 174.06M | 174.35M | 167.2M | 158.81M | 154.99M | 161.27M | 155.09M | 150.36M | 138.5M | 133.78M | 127.32M | 126.05M | 122.18M | 128.43M | 131M | 140.87M | 137.55M | 133.21M |
| Revenue Growth % | 15.67% | 15.6% | 12.3% | 8.11% | 7.81% | 5.62% | 11.91% | 20.54% | 21.81% | 19.28% | 13.36% | 4.17% | -2.81% | -10.52% | -11.17% | -3.59% | -1.95% | 5.5% | 2.12% | -7.46% |
| Cost of Goods Sold | 44.53M | 41.11M | 38.93M | 42.16M | 44.73M | 41.47M | 38.52M | 33.47M | 35.37M | 34.65M | 33.69M | 32.56M | 32.09M | 34.02M | 29.61M | 28.89M | 29.75M | 28.5M | 27.73M | 29.69M |
| COGS % of Revenue | 23.02% | 22.39% | 22.37% | 24.18% | 26.75% | 26.11% | 24.85% | 20.75% | 22.81% | 23.05% | 24.32% | 24.33% | 25.21% | 26.99% | 24.24% | 22.49% | 22.71% | 20.23% | 20.16% | 22.29% |
| Gross Profit | 148.87M | 142.48M | 135.13M | 132.19M | 122.47M | 117.33M | 116.47M | 127.8M | 119.72M | 115.7M | 104.81M | 101.23M | 95.23M | 92.03M | 92.57M | 99.54M | 101.25M | 112.36M | 109.82M | 103.53M |
| Gross Margin % | 76.98% | 77.61% | 77.63% | 75.82% | 73.25% | 73.89% | 75.15% | 79.25% | 77.19% | 76.95% | 75.68% | 75.67% | 74.79% | 73.01% | 75.76% | 77.51% | 77.29% | 79.77% | 79.84% | 77.71% |
| Gross Profit Growth % | 21.55% | 21.43% | 16.01% | 3.44% | 2.3% | 1.41% | 11.12% | 26.25% | 25.72% | 25.72% | 13.23% | 1.69% | -5.95% | -18.09% | -15.71% | -3.85% | -2.08% | 7.1% | 1.39% | -10.61% |
| Operating Expenses | 155.04M | 153.04M | 202.55M | 172.59M | 158.5M | 156.85M | 154.34M | 191.1M | 151.81M | 149.31M | 146.33M | 152.94M | 153.47M | 154.69M | 152.82M | 142.52M | 125.86M | 133.49M | 110.63M | 126.92M |
| OpEx % of Revenue | 80.17% | 83.36% | 116.37% | 98.99% | 94.79% | 98.77% | 99.58% | 118.5% | 97.89% | 99.3% | 105.65% | 114.32% | 120.54% | 122.72% | 125.07% | 110.97% | 96.08% | 94.76% | 80.43% | 95.28% |
| Selling, General & Admin | 96.94M | 101.59M | 144.21M | 111.68M | 104.47M | 101.02M | 100.56M | 139.89M | 99.93M | 94.35M | 94.74M | 98.64M | 99.85M | 99.27M | 93.11M | 87.7M | 73.9M | 76.42M | 68.39M | 69.99M |
| SG&A % of Revenue | 50.13% | 55.34% | 82.85% | 64.06% | 62.48% | 63.61% | 64.88% | 86.75% | 64.43% | 62.75% | 68.4% | 73.73% | 78.42% | 78.75% | 76.21% | 68.29% | 56.42% | 54.25% | 49.72% | 52.54% |
| Research & Development | 58.1M | 51.45M | 58.34M | 60.91M | 54.03M | 55.83M | 53.78M | 51.21M | 51.88M | 54.95M | 51.6M | 54.31M | 53.62M | 55.43M | 59.7M | 54.82M | 51.96M | 57.08M | 42.23M | 56.93M |
| R&D % of Revenue | 30.04% | 28.02% | 33.52% | 34.93% | 32.31% | 35.16% | 34.7% | 31.75% | 33.45% | 36.55% | 37.25% | 40.59% | 42.12% | 43.97% | 48.86% | 42.69% | 39.66% | 40.52% | 30.71% | 42.74% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -6.17M | -10.56M | -67.42M | -40.39M | -36.02M | -39.52M | -37.87M | -63.3M | -32.09M | -33.61M | -41.52M | -51.72M | -58.24M | -62.66M | -60.25M | -42.98M | -24.61M | -21.13M | -806K | -23.4M |
| Operating Margin % | -3.19% | -5.75% | -38.73% | -23.17% | -21.54% | -24.89% | -24.43% | -39.25% | -20.69% | -22.35% | -29.98% | -38.66% | -45.75% | -49.71% | -49.31% | -33.46% | -18.79% | -15% | -0.59% | -17.56% |
| Operating Income Growth % | 82.87% | 73.28% | -78.05% | 36.19% | -12.24% | -17.6% | 8.8% | -22.41% | 44.9% | 46.37% | 31.09% | -20.33% | -136.66% | -196.57% | -7375.06% | -83.68% | -187.78% | -71.84% | -815.91% | -293.5% |
| EBITDA | -1.75M | -6.25M | -63.3M | -36.17M | -32.36M | -36.08M | -34.54M | -60.2M | -29.63M | -30.75M | -38.7M | -48.99M | -55.44M | -59.94M | -57.53M | -40.28M | -21.95M | -18.47M | 1.8M | -20.73M |
| EBITDA Margin % | -0.91% | -3.41% | -36.37% | -20.75% | -19.35% | -22.72% | -22.28% | -37.33% | -19.11% | -20.45% | -27.95% | -36.62% | -43.55% | -47.55% | -47.08% | -31.36% | -16.76% | -13.11% | 1.31% | -15.56% |
| EBITDA Growth % | 94.58% | 82.66% | -83.25% | 39.91% | -9.19% | -17.33% | 10.76% | -22.87% | 46.55% | 48.7% | 32.72% | -21.64% | -152.56% | -224.45% | -3288.86% | -94.29% | -277.31% | -88.22% | -20.95% | -242.33% |
| D&A (Non-Cash Add-back) | 4.42M | 4.31M | 4.12M | 4.22M | 3.66M | 3.44M | 3.33M | 3.1M | 2.46M | 2.86M | 2.81M | 2.72M | 2.8M | 2.72M | 2.72M | 2.7M | 2.66M | 2.65M | 2.61M | 2.67M |
| EBIT | -2.34M | -10.56M | -67.42M | -40.95M | -30.02M | -34.98M | -30.3M | -13.63M | -21.59M | -22.73M | -31.64M | -38.53M | -48.22M | -53.9M | -51.08M | -32.56M | -23.42M | -21.13M | -806K | -25.57M |
| Net Interest Income | -5.54M | 0 | -1.84M | -561K | 6M | 4.54M | 7.57M | 8.1M | 10.51M | 10.85M | 9.88M | 13.18M | 10.02M | 8.76M | 9.17M | 10.42M | 1.19M | -2.23M | -1.71M | 1.86M |
| Interest Income | 0 | 0 | 0 | 0 | 6M | 4.54M | 7.57M | 8.1M | 10.51M | 10.85M | 9.88M | 13.18M | 10.02M | 8.76M | 9.17M | 10.42M | 1.19M | 0 | 0 | 1.86M |
| Interest Expense | 5.54M | 0 | 1.84M | 561K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.23M | 1.71M | 0 |
| Other Income/Expense | -1.71M | -1.89M | -1.84M | -561K | 6M | 4.54M | 7.57M | 8.1M | 10.51M | 10.85M | 9.88M | 13.18M | 10.02M | 8.76M | 9.17M | 10.42M | 1.19M | -2.23M | -1.71M | -2.17M |
| Pretax Income | -7.88M | -12.45M | -69.26M | -40.95M | -30.02M | -34.98M | -30.3M | -55.21M | -21.59M | -22.73M | -31.64M | -38.53M | -48.22M | -53.9M | -51.08M | -32.56M | -23.42M | -23.36M | -2.52M | -25.57M |
| Pretax Margin % | -4.07% | -6.78% | -39.79% | -23.49% | -17.96% | -22.03% | -19.55% | -34.23% | -13.92% | -15.12% | -22.85% | -28.8% | -37.87% | -42.76% | -41.81% | -25.35% | -17.88% | -16.58% | -1.83% | -19.2% |
| Income Tax | 2.56M | 3.21M | 1.88M | -16.45M | 7.25M | 5.16M | 4.02M | 10.72M | 8.98M | 10.65M | 7.12M | 8.54M | 1.26M | 3.51M | 1.98M | 4.75M | 3.16M | 652K | 2.13M | 885K |
| Effective Tax Rate % | -32.42% | -25.75% | -2.71% | 40.18% | -24.14% | -14.75% | -13.28% | -19.41% | -41.63% | -46.84% | -22.5% | -22.18% | -2.62% | -6.52% | -3.88% | -14.57% | -13.49% | -2.79% | -84.77% | -3.46% |
| Net Income | -10.44M | -15.66M | -71.14M | -24.5M | -37.27M | -40.14M | -34.32M | -65.92M | -30.57M | -33.38M | -38.76M | -47.08M | -49.48M | -57.42M | -53.06M | -37.3M | -26.58M | -24.01M | -4.65M | -26.46M |
| Net Margin % | -5.4% | -8.53% | -40.87% | -14.05% | -22.29% | -25.28% | -22.14% | -40.88% | -19.71% | -22.2% | -27.98% | -35.19% | -38.87% | -45.55% | -43.43% | -29.05% | -20.29% | -17.04% | -3.38% | -19.86% |
| Net Income Growth % | 72% | 60.99% | -107.28% | 62.84% | -21.92% | -20.27% | 11.46% | -40.02% | 38.22% | 41.87% | 26.95% | -26.21% | -86.2% | -139.16% | -1041.83% | -40.99% | -102.5% | -63.98% | -12.57% | -638.09% |
| Net Income (Continuing) | -10.44M | -15.66M | -71.14M | -24.5M | -37.27M | -40.14M | -34.32M | -65.92M | -30.57M | -33.38M | -38.76M | -47.08M | -49.48M | -57.42M | -53.06M | -37.3M | -26.58M | -24.01M | -4.65M | -26.46M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | -0.13 | -0.62 | -0.22 | -0.33 | -0.36 | -0.31 | -0.61 | -0.28 | -0.31 | -0.36 | -0.44 | -0.46 | -0.54 | -0.50 | -0.36 | -0.25 | -0.23 | -0.04 | -0.25 |
| EPS Growth % | 72.73% | 63.89% | -100% | 63.93% | -17.86% | -16.13% | 13.89% | -38.64% | 39.13% | 42.59% | 28% | -22.22% | -84% | -134.78% | -1021.08% | -44% | -92.31% | -64.29% | -10.95% | -725% |
| EPS (Basic) | -0.09 | -0.13 | -0.62 | -0.22 | -0.33 | -0.36 | -0.31 | -0.61 | -0.28 | -0.31 | -0.36 | -0.44 | -0.46 | -0.54 | -0.50 | -0.36 | -0.25 | -0.23 | -0.04 | -0.25 |
| Diluted Shares Outstanding | 116.79M | 116.01M | 114.15M | 111.47M | 111.91M | 111.57M | 110.28M | 107.83M | 108.25M | 107.7M | 107.27M | 106.98M | 106.77M | 106.29M | 105.67M | 105.03M | 104.88M | 104.63M | 104.19M | 103.88M |
| Basic Shares Outstanding | 116.79M | 116.01M | 114.15M | 111.47M | 111.91M | 111.57M | 110.28M | 107.83M | 108.25M | 107.7M | 107.27M | 106.98M | 106.77M | 106.29M | 105.67M | 105.03M | 104.88M | 104.63M | 104.19M | 103.88M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |