Growth Metrics

NovoCure (NVCR) Gross Margin (2016 - 2026)

NovoCure's Gross Margin history spans 13 years, with the latest figure at 77.63% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 249.0% to 77.63% in Q1 2026 year-over-year; TTM through Mar 2026 was 75.2%, a 196.0% decrease, with the full-year FY2025 number at 74.54%, down 280.0% from a year prior.
  • Gross Margin hit 77.63% in Q1 2026 for NovoCure, up from 75.82% in the prior quarter.
  • Over the last five years, Gross Margin for NVCR hit a ceiling of 79.84% in Q1 2022 and a floor of 73.01% in Q2 2023.
  • Historically, Gross Margin has averaged 76.38% across 5 years, with a median of 75.82% in 2025.
  • Biggest five-year swings in Gross Margin: plummeted -675bps in 2023 and later surged 394bps in 2024.
  • Tracing NVCR's Gross Margin over 5 years: stood at 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, then rose by 2bps to 77.63% in 2026.
  • Business Quant data shows Gross Margin for NVCR at 77.63% in Q1 2026, 75.82% in Q4 2025, and 73.25% in Q3 2025.