Growth Metrics

NovoCure (NVCR) Net Margin (2016 - 2026)

NovoCure's Net Margin history spans 13 years, with the latest figure at 40.87% for Q1 2026.

  • On a quarterly basis, Net Margin fell 1873.0% to 40.87% in Q1 2026 year-over-year; TTM through Mar 2026 was 25.66%, a 75.0% increase, with the full-year FY2025 number at 20.79%, up 708.0% from a year prior.
  • Net Margin hit 40.87% in Q1 2026 for NovoCure, down from 14.05% in the prior quarter.
  • Over the last five years, Net Margin for NVCR hit a ceiling of 3.38% in Q1 2022 and a floor of 45.55% in Q2 2023.
  • Historically, Net Margin has averaged 27.54% across 5 years, with a median of 25.28% in 2025.
  • Biggest five-year swings in Net Margin: crashed -4005bps in 2023 and later surged 2683bps in 2025.
  • Tracing NVCR's Net Margin over 5 years: stood at 29.05% in 2022, then dropped by -21bps to 35.19% in 2023, then decreased by -16bps to 40.88% in 2024, then soared by 66bps to 14.05% in 2025, then tumbled by -191bps to 40.87% in 2026.
  • Business Quant data shows Net Margin for NVCR at 40.87% in Q1 2026, 14.05% in Q4 2025, and 22.29% in Q3 2025.