NovoCure (NVCR) Invested Capital (2014 - 2026)
NovoCure (NVCR) recorded Invested Capital of $533.98 million in Q2 2026, down 47.0% from $1.01 billion a year earlier but up 1.5% from the prior quarter.
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Analysis
NovoCure (NVCR) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, NovoCure reported Invested Capital of $535.51 million, down 47.3% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of -10.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $1.02 billion in FY2024 (+180.2%), $362.5 million in FY2023 (-64.0%), $1.01 billion in FY2022 (+3.5%) and $972.71 million in FY2021 (+7.3%).
- Quarterly Invested Capital has ranged from $362.5 million in Q4 2023 to $1.1 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 22.5% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 217.4% in Q3 2021, against a decline of 64.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $526.18 million (Q1 2026), $535.51 million (Q4 2025) and $1.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 11.32 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 41.22 Bn |
| 10 | NovoCure | 1.86 Bn | -496.48 Mn | 142.48 Mn | 533.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 533.98 Mn |
| Mar 31, 2026 | 526.18 Mn |
| Dec 31, 2025 | 535.51 Mn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 1.02 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 458.71 Mn |
| Mar 31, 2024 | 929.01 Mn |
| Dec 31, 2023 | 362.50 Mn |
| Sep 30, 2023 | 961.69 Mn |
| Jun 30, 2023 | 982.83 Mn |
| Mar 31, 2023 | 998.47 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 1.01 Bn |
| Mar 31, 2022 | 998.91 Mn |
| Dec 31, 2021 | 972.71 Mn |
| Sep 30, 2021 | 974.55 Mn |
API Access
NovoCure Invested Capital 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=invested-capital&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();