NovoCure (NVCR) Inventory (2014 - 2026)
NovoCure's Inventory was $42.22 million in Q2 2026, up 5.0% from $40.21 million a year earlier but down 2.8% from the prior quarter.
Analysis
NovoCure (NVCR) Inventory (2014 - 2026) Analysis & Trends
At the end of FY2025, Inventory at NovoCure came in at $41.11 million, up 17.2% from FY2024.
- Inventory shows a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- In earlier years, Inventory was $35.09 million in FY2024 (-8.0%), $38.15 million in FY2023 (+29.9%), $29.38 million in FY2022 (+20.3%) and $24.43 million in FY2021 (-10.9%).
- Quarterly Inventory has moved between $22.64 million (Q3 2021) and $43.46 million (Q1 2026) over five years.
- Compared with a year earlier, Inventory has increased for three straight quarters, with growth averaging 2.9% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q3 2023 (growth of 37.4%); the worst was Q3 2021 (a decline of 14.5%).
- Per Business Quant data, NVCR's Inventory in the three quarters before Q2 2026 was $43.46 million (Q1 2026), $41.11 million (Q4 2025) and $39.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 5.63 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 7.32 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 3.26 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 2.03 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 6.22 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 5.52 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 3.24 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 1.13 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 3.32 Bn |
| 10 | NovoCure | 1.86 Bn | -491.82 Mn | 142.48 Mn | 42.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.22 Mn |
| Mar 31, 2026 | 43.46 Mn |
| Dec 31, 2025 | 41.11 Mn |
| Sep 30, 2025 | 39.10 Mn |
| Jun 30, 2025 | 40.21 Mn |
| Mar 31, 2025 | 39.47 Mn |
| Dec 31, 2024 | 35.09 Mn |
| Sep 30, 2024 | 39.10 Mn |
| Jun 30, 2024 | 40.44 Mn |
| Mar 31, 2024 | 42.39 Mn |
| Dec 31, 2023 | 38.15 Mn |
| Sep 30, 2023 | 36.81 Mn |
| Jun 30, 2023 | 33.02 Mn |
| Mar 31, 2023 | 31.72 Mn |
| Dec 31, 2022 | 29.38 Mn |
| Sep 30, 2022 | 26.79 Mn |
| Jun 30, 2022 | 29.53 Mn |
| Mar 31, 2022 | 29.08 Mn |
| Dec 31, 2021 | 24.43 Mn |
| Sep 30, 2021 | 22.64 Mn |
API Access
NovoCure Inventory 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=inventory&ticker=NVCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();