NovoCure (NVCR) EBT Margin (2014 - 2026)
NovoCure (NVCR) posted EBT Margin of -6.78% for Q2 2026, up 15.24 percentage points from -22.03% a year earlier and up 33.01 percentage points from the prior quarter.
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Analysis
NovoCure (NVCR) EBT Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at NovoCure was -21.84%, up 0.71 percentage points year-over-year; for FY2025, it was -20.79%, up 0.88 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of -24.45 percentage points (FY2020 to FY2025).
- In prior years, NovoCure's EBT Margin was -21.67% in FY2024 (+15.97 pp), -37.64% in FY2023 (-22.43 pp), -15.22% in FY2022 (-5.48 pp) and -9.73% in FY2021 (-13.39 pp).
- The Q2 2026 figure stands as the highest quarterly EBT Margin since Q1 2022.
- On a year-over-year basis, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of +2.08 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2024, with a gain of 27.65 percentage points; the weakest was Q1 2023, with a drop of 39.98 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was -39.79% (Q1 2026), -23.49% (Q4 2025) and -17.96% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 16.04% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 12.10% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 17.21% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 36.46% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 23.74% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 19.48% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 29.86% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 11.12% |
| 10 | NovoCure | 1.86 Bn | -496.48 Mn | 142.48 Mn | -6.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.78% |
| Mar 31, 2026 | -39.79% |
| Dec 31, 2025 | -23.49% |
| Sep 30, 2025 | -17.96% |
| Jun 30, 2025 | -22.03% |
| Mar 31, 2025 | -19.55% |
| Dec 31, 2024 | -34.23% |
| Sep 30, 2024 | -13.92% |
| Jun 30, 2024 | -15.12% |
| Mar 31, 2024 | -22.85% |
| Dec 31, 2023 | -28.80% |
| Sep 30, 2023 | -37.87% |
| Jun 30, 2023 | -42.76% |
| Mar 31, 2023 | -41.81% |
| Dec 31, 2022 | -25.35% |
| Sep 30, 2022 | -17.88% |
| Jun 30, 2022 | -16.58% |
| Mar 31, 2022 | -1.83% |
| Dec 31, 2021 | -19.20% |
| Sep 30, 2021 | -7.88% |
API Access
NovoCure EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "NVCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();