Growth Metrics

NovoCure (NVCR) Cost of Revenue (2014 - 2026)

NovoCure recorded quarterly Cost of Revenue of $38.9 million in Q1 2026, up 960.31% quarter-over-quarter from -$4.5 million in Q4 2025, and up 1.06% year-over-year from $38.5 million in Q1 2025.

NovoCure's Cost of Revenue history runs 13 years deep, the most recent figure standing at $38.9 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 1.06% year-over-year to $38.9 million; the TTM figure through Mar 2026 stood at $150.0 million (up 102.52% YoY), while the FY2025 annual figure was $166.9 million, up 21.65% from the prior year.
  • Cost of Revenue came in at $38.9 million for Q1 2026 at NovoCure, up from -$4.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $58.5 million in Q3 2025 to a low of -$39.3 million in Q4 2023.
  • A 5-year average of $25.9 million and a median of $33.7 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue slumped 236.18% in 2023 and jumped 86.87% in 2025, its largest moves.
  • NovoCure's Cost of Revenue stood at $28.9 million in 2022, then plunged by 236.18% to -$39.3 million in 2023, then advanced by 12.38% to -$34.5 million in 2024, then surged by 86.87% to -$4.5 million in 2025, then jumped by 960.31% to $38.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $38.9 million, -$4.5 million, and $58.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 4.89 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.21 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.26 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.59 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 362.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 2.51 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 441.60 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 481.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 891.20 Mn
10 NovoCure 1.90 Bn 1.47 Bn 135.13 Mn 38.93 Mn

Historic Data

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DateValue
Mar 31, 2026 38.93 Mn
Mar 31, 2026 38.93 Mn
Dec 31, 2025 -4.53 Mn
Dec 31, 2025 -4.53 Mn
Sep 30, 2025 58.55 Mn
Sep 30, 2025 58.55 Mn
Jun 30, 2025 57.07 Mn
Jun 30, 2025 57.07 Mn
Mar 31, 2025 38.52 Mn
Mar 31, 2025 38.52 Mn
Dec 31, 2024 -34.47 Mn
Dec 31, 2024 -34.47 Mn
Sep 30, 2024 35.37 Mn
Sep 30, 2024 35.37 Mn
Jun 30, 2024 34.65 Mn
Jun 30, 2024 34.65 Mn
Mar 31, 2024 33.69 Mn
Mar 31, 2024 33.69 Mn
Dec 31, 2023 -39.34 Mn
Dec 31, 2023 -39.34 Mn
Sep 30, 2023 32.09 Mn
Sep 30, 2023 32.09 Mn
Jun 30, 2023 34.02 Mn
Jun 30, 2023 34.02 Mn
Mar 31, 2023 29.61 Mn
Mar 31, 2023 29.61 Mn
Dec 31, 2022 28.89 Mn
Dec 31, 2022 28.89 Mn
Sep 30, 2022 41.40 Mn
Sep 30, 2022 41.40 Mn
Jun 30, 2022 28.50 Mn
Jun 30, 2022 28.50 Mn
Mar 31, 2022 27.73 Mn
Mar 31, 2022 27.73 Mn
Dec 31, 2021 51.87 Mn
Dec 31, 2021 51.87 Mn
Sep 30, 2021 32.58 Mn
Sep 30, 2021 32.58 Mn
Jun 30, 2021 34.14 Mn
Jun 30, 2021 34.14 Mn
Mar 31, 2021 26.39 Mn
Mar 31, 2021 26.39 Mn
Dec 31, 2020 39.65 Mn
Dec 31, 2020 39.65 Mn
Sep 30, 2020 29.36 Mn
Sep 30, 2020 29.36 Mn
Jun 30, 2020 25.47 Mn
Jun 30, 2020 25.47 Mn
Mar 31, 2020 28.83 Mn
Mar 31, 2020 28.83 Mn
Dec 31, 2019 18.74 Mn
Dec 31, 2019 18.74 Mn
Sep 30, 2019 22.90 Mn
Sep 30, 2019 22.90 Mn
Jun 30, 2019 23.71 Mn
Jun 30, 2019 23.71 Mn
Mar 31, 2019 19.81 Mn
Mar 31, 2019 19.81 Mn
Dec 31, 2018 21.21 Mn
Dec 31, 2018 21.21 Mn
Sep 30, 2018 19.12 Mn
Sep 30, 2018 19.12 Mn
Jun 30, 2018 19.20 Mn
Jun 30, 2018 19.20 Mn
Mar 31, 2018 18.24 Mn
Mar 31, 2018 18.24 Mn
Dec 31, 2017 23.56 Mn
Dec 31, 2017 23.56 Mn
Sep 30, 2017 16.39 Mn
Sep 30, 2017 16.39 Mn
Jun 30, 2017 16.36 Mn
Jun 30, 2017 16.36 Mn
Mar 31, 2017 11.66 Mn
Mar 31, 2017 11.66 Mn
Dec 31, 2016 10.97 Mn
Dec 31, 2016 10.97 Mn
Sep 30, 2016 11.12 Mn
Sep 30, 2016 11.12 Mn
Jun 30, 2016 14.60 Mn
Jun 30, 2016 14.60 Mn
Mar 31, 2016 13.31 Mn
Mar 31, 2016 13.31 Mn
Dec 31, 2015 -3.53 Mn
Dec 31, 2015 -3.53 Mn
Sep 30, 2015 8.92 Mn
Sep 30, 2015 8.92 Mn
Jun 30, 2015 8.87 Mn
Jun 30, 2015 8.87 Mn
Mar 31, 2015 6.36 Mn
Mar 31, 2015 6.36 Mn
Dec 31, 2014 13.77 Mn
Dec 31, 2014 13.77 Mn
Sep 30, 2014 5.38 Mn
Sep 30, 2014 5.38 Mn