NovoCure Ltd
NovoCure Ltd
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 94 | 88 | 94 | 342 | 150 | 127 | 164 | 185 | 165 | 454 | 241 | 155 | |||||
Held To Maturity Securities Current | 347 | 344 | 354 | 691 | 762 | 802 | 796 | 774 | 786 | 416 | 670 | 766 | |||||
Restricted Cash Current | 10 | 10 | 10 | 3 | 3 | 2 | 2 | 4 | 4 | 4 | 2 | 2 | |||||
Accounts Receivable Net Current | 99 | 93 | 89 | 85 | 90 | 85 | 74 | 67 | 65 | 65 | 61 | 65 | |||||
Inventory Net | 42 | 43 | 41 | 39 | 40 | 39 | 35 | 39 | 40 | 42 | 38 | 37 | |||||
Assets Current | 639 | 632 | 647 | 1,200 | 1,083 | 1,089 | 1,107 | 1,095 | 1,093 | 1,003 | 1,034 | 1,048 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 75 | 76 | 78 | 80 | 80 | 80 | 78 | 73 | 66 | 59 | 51 | 46 | |||||
Operating Lease Right Of Use Asset | 44 | 45 | 47 | 48 | 48 | 49 | 27 | 28 | 29 | 33 | 35 | 29 | |||||
Other Assets Noncurrent | 11 | 11 | 11 | 12 | 16 | 14 | 15 | 12 | 12 | 15 | 14 | 12 | |||||
Assets Noncurrent | 157 | 156 | 158 | 161 | 163 | 160 | 134 | 127 | 119 | 119 | 112 | 98 | |||||
Assets | 795 | 788 | 804 | 1,361 | 1,246 | 1,249 | 1,241 | 1,222 | 1,212 | 1,121 | 1,146 | 1,146 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Convertible Notes Payable Current | - | - | 0 | 561 | 560 | 559 | 558 | 557 | - | - | 0 | - | |||||
Accounts Payable Trade Current | 131 | 127 | 122 | 119 | 104 | 95 | 105 | 91 | 90 | 84 | 94 | 80 | |||||
Liabilities Current | 221 | 218 | 223 | 776 | 750 | 743 | 756 | 735 | 169 | 160 | 179 | 157 | |||||
Long Term Debt Noncurrent | - | - | - | - | - | - | - | - | - | 570 | 569 | 568 | |||||
Liabilities Noncurrent | |||||||||||||||||
Convertible Long Term Notes Payable | - | - | - | - | - | - | 0 | 0 | 557 | - | 569 | - | |||||
Contract With Customer Liability Noncurrent | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Long Term Line Of Credit | 196 | 195 | 195 | 195 | 98 | 97 | 97 | 97 | 97 | - | 0 | - | |||||
Operating Lease Liability Noncurrent | 38 | 39 | 42 | 43 | 43 | 40 | 20 | 21 | 22 | 26 | 27 | 22 | |||||
Other Liabilities Noncurrent | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Noncurrent | 236 | 240 | 241 | 244 | 147 | 144 | 124 | 126 | 681 | 602 | 605 | 595 | |||||
Liabilities | 457 | 457 | 464 | 1,020 | 896 | 887 | 881 | 861 | 850 | 762 | 784 | 753 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 1,719 | 1,697 | 1,634 | 1,613 | 1,583 | 1,555 | 1,520 | 1,454 | 1,423 | 1,388 | 1,353 | 1,334 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -3 | -5 | -3 | -6 | -5 | -4 | -6 | -5 | -4 | -4 | -5 | -2 | |||||
Retained Earnings Accumulated Deficit | -1,377 | -1,361 | -1,290 | -1,266 | -1,229 | -1,188 | -1,154 | -1,088 | -1,058 | -1,024 | -986 | -938 | |||||
Stockholders Equity | 338 | 331 | 340 | 341 | 349 | 362 | 360 | 361 | 362 | 359 | 362 | 394 | |||||
Liabilities And Stockholders Equity | 795 | 788 | 804 | 1,361 | 1,246 | 1,249 | 1,241 | 1,222 | 1,212 | 1,121 | 1,146 | 1,146 | |||||
Common Stock Shares Issued | 116 | 116 | 112 | 112 | 112 | 111 | 109 | 108 | 108 | 108 | 107 | 107 | |||||
Shares Outstanding | 116 | 116 | 112 | 112 | 112 | 111 | 109 | 108 | 108 | 108 | 107 | 107 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.08% | -6.11% | 4.67% | - | - | - | - | - | - | - | - | - |
| 2025 | -3.56% | -5.39% | -5.12% | -6.46% | -3.11% | 7.58% | -6.79% | 0.16% | 6.40% | -14.11% | -6.69% | 27.85% |
| 2024 | 63.14% | 34.39% | 29.67% | -4.02% | -0.43% | -15.55% | 4.36% | 81.28% | 54.03% | 0.52% | -18.98% | -6.97% |
| 2023 | - | - | - | -8.49% | -43.12% | -58.12% | -4.99% | 4.15% | 2.84% | -8.27% | -10.96% | 8.07% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.89 | 2.90 | 2.90 | 1.55 | 1.45 | 1.47 | 1.46 | 1.49 | 6.46 | 6.26 | 5.78 | 6.67 | |||||
| Quick Ratio | 2.70 | 2.70 | 2.71 | 1.50 | 1.39 | 1.41 | 1.42 | 1.44 | 6.22 | 5.99 | 5.56 | 6.43 | |||||
| Working Capital | 417.81M | 414.09M | 423.50M | 423.85M | 333.67M | 346.00M | 350.18M | 360.27M | 923.66M | 842.48M | 855.29M | 890.84M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.35 | 1.38 | 1.36 | 2.99 | 2.57 | 2.45 | 2.44 | 2.39 | 2.35 | 2.12 | 2.16 | 1.91 | |||||
| Interest Coverage TTM | -15.01 | -14.17 | -8.24 | -6.74 | -5.62 | -4.51 | -4.33 | -3.58 | -4.21 | -5.12 | -5.66 | -6.09 | |||||
| Debt Ratio | 0.57 | 0.58 | 0.58 | 0.75 | 0.72 | 0.71 | 0.71 | 0.70 | 0.70 | 0.68 | 0.68 | 0.66 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.69 | 0.66 | 0.64 | 0.50 | 0.51 | 0.52 | 0.51 | 0.49 | 0.46 | 0.46 | 0.44 | 0.43 | |||||
| Days Sales Outstanding TTM | 49.34 | 48.11 | 45.58 | 43.27 | 44.78 | 43.91 | 40.84 | 41.76 | 45.03 | 48.58 | 52.84 | 55.29 | |||||
| Receivables Turnover TTM | 7.40 | 7.59 | 8.01 | 8.43 | 8.15 | 8.31 | 8.94 | 8.74 | 8.11 | 7.51 | 6.91 | 6.60 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.28 | -1.52 | -1.22 | -1.59 | -1.53 | -1.49 | -1.56 | -1.38 | -1.57 | -1.80 | -1.95 | -1.85 | |||||
| Free Cash Flow Per Share TTM | -0.22 | -0.42 | -0.68 | -0.58 | -0.72 | -0.65 | -0.64 | -0.72 | -0.97 | -1.13 | -0.94 | -0.84 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 76.13% | 75.20% | 74.54% | 75.37% | 76.38% | 77.16% | 77.33% | 76.41% | 75.82% | 74.82% | 74.81% | 75.27% | |||||
| Operating Profit Margin TTM | -22.08% | -27.19% | -23.47% | -27.51% | -27.42% | -26.84% | -28.17% | -27.51% | -33.65% | -40.74% | -45.72% | -44.47% | |||||
| Net Profit Margin TTM | -21.25% | -25.66% | -20.79% | -27.66% | -27.13% | -26.41% | -27.86% | -25.93% | -30.67% | -36.67% | -40.65% | -39.14% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.95% | 8.48% | 8.28% | 11.17% | 14.58% | 18.27% | 18.82% | 14.63% | 8.33% | 0.61% | -5.30% | -7.12% | |||||
| Net Income Growth (1Y) | -13.09% | 5.40% | -19.21% | 18.60% | 1.33% | -14.82% | -18.55% | -24.07% | -3.25% | 36.75% | 123.75% | 141.49% | |||||
| EPS Growth (1Y) | -16.42% | 1.82% | -21.85% | 14.72% | -2.18% | -17.15% | -19.64% | -25.10% | -4.51% | 34.71% | 120.11% | 137.21% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -11.83 | -7.19 | -10.58 | -8.14 | -11.62 | -11.97 | -19.06 | -11.30 | -10.94 | -8.70 | -7.67 | -8.74 | |||||
| P/B TTM | 5.20 | 3.76 | 4.23 | 4.24 | 5.68 | 5.43 | 8.92 | 4.69 | 5.10 | 4.67 | 4.38 | 4.38 | |||||
| P/S TTM | 2.51 | 1.84 | 2.20 | 2.25 | 3.15 | 3.16 | 5.31 | 2.93 | 3.35 | 3.19 | 3.12 | 3.42 | |||||
| Market Cap | 1.76B | 1.24B | 1.44B | 1.45B | 1.99B | 1.97B | 3.21B | 1.69B | 1.84B | 1.68B | 1.59B | 1.72B | |||||
| Enterprise Value | 1.65B | 1.15B | 1.34B | 1.66B | 2.39B | 2.40B | 3.61B | 2.06B | 2.23B | 1.79B | 1.91B | 2.14B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -25.43M | -48.07M | -75.68M | -65.17M | -80.40M | -72.14M | -69.22M | -78.21M | -104.47M | -120.97M | -100.43M | -89.19M | |||||
| Net Debt | -103.62M | -97.32M | -103.39M | 215.98M | 407.66M | 431.69M | 394.39M | 368.13M | 388.07M | 112.29M | 326.26M | 411.47M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
NovoCure Ltd (NVCR) — SEC Financial Statements & Analysis
NovoCure Ltd (NVCR) is a surgical & medical instruments & apparatus company. NovoCure Ltd trades on Nasdaq as: NVCR. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NovoCure Ltd reported a 10.95% year-over-year revenue growth, a Gross Profit Margin of 76.13% (TTM), a Debt-to-Equity ratio of 1.35x, a Price-to-Sales (P/S) ratio of 2.51x (TTM), a Price-to-Book (P/B) ratio of 5.20x (TTM), at a market cap of $1.76B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.95%
- Gross Profit Margin TTM
- 76.13%
- Debt To Equity
- 1.35x
- P/S TTM
- 2.51x
- P/B TTM
- 5.20x
- Market Cap
- $1.76B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is NovoCure Ltd in?
NovoCure Ltd (NVCR) operates in the Surgical & Medical Instruments & Apparatus industry.
What is NVCR's market cap?
NovoCure Ltd (NVCR) has a market capitalization of $1.76B as of 2026-06-30.
What exchange does NVCR trade on?
NovoCure Ltd (NVCR) trades on the Nasdaq.