Growth Metrics

NovoCure (NVCR) Gross Margin (2016 - 2025)

NovoCure's Gross Margin history spans 11 years, with the latest figure at 75.82% for Q4 2025.

  • For Q4 2025, Gross Margin fell 343.0% year-over-year to 75.82%; the TTM value through Dec 2025 reached 74.54%, down 280.0%, while the annual FY2025 figure was 74.54%, 280.0% down from the prior year.
  • Gross Margin for Q4 2025 was 75.82% at NovoCure, up from 73.25% in the prior quarter.
  • Across five years, Gross Margin topped out at 80.41% in Q1 2021 and bottomed at 73.01% in Q2 2023.
  • The 5-year median for Gross Margin is 77.07% (2024), against an average of 76.75%.
  • The largest annual shift saw Gross Margin surged 447bps in 2021 before it crashed -675bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 77.71% in 2021, then fell by 0bps to 77.51% in 2022, then decreased by -2bps to 75.67% in 2023, then rose by 5bps to 79.25% in 2024, then dropped by -4bps to 75.82% in 2025.
  • Per Business Quant, the three most recent readings for NVCR's Gross Margin are 75.82% (Q4 2025), 73.25% (Q3 2025), and 73.88% (Q2 2025).