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
Download Data| Date | Value |
|---|---|
| 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 |