NovoCure (NVCR) Cost of Revenue (2014 - 2026)
NovoCure's (NVCR) quarterly Cost of Revenue came in at $41.1 million in Q2 2026, down 0.88% year-over-year from $41.5 million in Q2 2025, and up 5.59% quarter-over-quarter from $38.9 million in Q1 2026.
Analysis
NovoCure (NVCR) Cost of Revenue (2014 - 2026) Analysis & Trends
NovoCure has disclosed Cost of Revenue across 13 years of filings, most recently posting $41.1 million for Q2 2026.
- In Q2 2026, Cost of Revenue fell 0.88% year-over-year to $41.1 million; the TTM figure through Jun 2026 stood at $166.9 million (up 12.15% YoY), while the FY2025 annual figure was $166.9 million, up 21.65% from the prior year.
- Cost of Revenue came in at $41.1 million for Q2 2026 at NovoCure, up from $38.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $44.7 million in Q3 2025 to a low of $27.7 million in Q1 2022.
- Average Cost of Revenue over 5 years is $34.8 million, with a median of $33.9 million recorded in 2023.
- Year-over-year, Cost of Revenue declined 2.69% in 2022 and grew 26.45% in 2025.
- Over 5 years, Cost of Revenue stood at $28.9 million in 2022, then climbed by 12.7% to $32.6 million in 2023, then advanced by 2.8% to $33.5 million in 2024, then advanced by 25.97% to $42.2 million in 2025, then dropped by 2.49% to $41.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $41.1 million in Q2 2026, $38.9 million in Q1 2026, and $42.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.86 Bn | 178.25 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Intuitive Surgical | 124.29 Bn | 119.08 Bn | 1.96 Bn | 931.90 Mn |
| 3 | Medtronic | 118.22 Bn | 109.40 Bn | 6.34 Bn | 3.42 Bn |
| 4 | Stryker | 104.88 Bn | 101.41 Bn | 4.50 Bn | 2.09 Bn |
| 5 | Boston Scientific | 66.35 Bn | 65.81 Bn | 3.85 Bn | 1.59 Bn |
| 6 | Edwards Lifesciences | 49.66 Bn | 45.41 Bn | 1.35 Bn | 392.40 Mn |
| 7 | Alcon | 33.90 Bn | 32.44 Bn | 1.68 Bn | 18.00 Mn |
| 8 | Dexcom | 32.28 Bn | 30.33 Bn | 830.00 Mn | 478.40 Mn |
| 9 | Steris | 21.10 Bn | 20.62 Bn | 684.20 Mn | 808.60 Mn |
| 10 | NovoCure | 1.89 Bn | 1.45 Bn | 142.48 Mn | 41.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.11 Mn |
| Mar 31, 2026 | 38.93 Mn |
| Dec 31, 2025 | 42.16 Mn |
| Sep 30, 2025 | 44.73 Mn |
| Jun 30, 2025 | 41.47 Mn |
| Mar 31, 2025 | 38.52 Mn |
| Dec 31, 2024 | 33.47 Mn |
| Sep 30, 2024 | 35.37 Mn |
| Jun 30, 2024 | 34.65 Mn |
| Mar 31, 2024 | 33.69 Mn |
| Dec 31, 2023 | 32.56 Mn |
| Sep 30, 2023 | 32.09 Mn |
| Jun 30, 2023 | 34.02 Mn |
| Mar 31, 2023 | 29.61 Mn |
| Dec 31, 2022 | 28.89 Mn |
| Sep 30, 2022 | 29.75 Mn |
| Jun 30, 2022 | 28.50 Mn |
| Mar 31, 2022 | 27.73 Mn |
| Dec 31, 2021 | 29.69 Mn |
| Sep 30, 2021 | 30.21 Mn |