NovoCure (NVCR) Net Margin (2014 - 2026)
NovoCure recorded quarterly Net Margin of 40.87% in Q1 2026, down 190.86% quarter-over-quarter from 14.05% in Q4 2025, and down 1873.0% year-over-year from 2.31% in Q1 2025.
NovoCure's Net Margin history runs 13 years deep, the most recent figure standing at 40.87% for Q1 2026.
- In Q1 2026, Net Margin fell 1873.0% year-over-year to 40.87%; the TTM figure through Mar 2026 stood at 25.66% (up 75.0% YoY), while the FY2025 annual figure was 20.79%, up 708.0% from the prior year.
- Net Margin came in at 40.87% for Q1 2026 at NovoCure, down from 14.05% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 3.38% in Q1 2022 to a low of 45.55% in Q2 2023.
- A 5-year average of 27.54% and a median of 25.28% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 4005 bps in 2023 and jumped 2683 bps in 2025, its largest moves.
- NovoCure's Net Margin stood at 29.05% in 2022, then retreated by 21 bps to 35.19% in 2023, then decreased by 16 bps to 40.88% in 2024, then soared by 66 bps to 14.05% in 2025, then sank by 191 bps to 40.87% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 40.87%, 14.05%, and 22.29% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 16.74% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 8.01% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | - |
| 10 | NovoCure | 1.90 Bn | 1.47 Bn | 135.13 Mn | -40.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -40.87% |
| Dec 31, 2025 | -14.05% |
| Sep 30, 2025 | -22.29% |
| Jun 30, 2025 | -25.28% |
| Mar 31, 2025 | -22.14% |
| Dec 31, 2024 | -40.88% |
| Sep 30, 2024 | -19.71% |
| Jun 30, 2024 | -22.20% |
| Mar 31, 2024 | -27.98% |
| Dec 31, 2023 | -35.19% |
| Sep 30, 2023 | -38.87% |
| Jun 30, 2023 | -45.55% |
| Mar 31, 2023 | -43.43% |
| Dec 31, 2022 | -29.05% |
| Sep 30, 2022 | -20.29% |
| Jun 30, 2022 | -17.04% |
| Mar 31, 2022 | -3.38% |
| Dec 31, 2021 | -19.86% |
| Sep 30, 2021 | -9.82% |
| Jun 30, 2021 | -10.97% |
| Mar 31, 2021 | -3.06% |
| Dec 31, 2020 | 3.42% |
| Sep 30, 2020 | 7.00% |
| Jun 30, 2020 | 1.43% |
| Mar 31, 2020 | 3.88% |
| Dec 31, 2019 | 4.29% |
| Sep 30, 2019 | 2.10% |
| Jun 30, 2019 | -1.46% |
| Mar 31, 2019 | -16.57% |
| Dec 31, 2018 | -22.43% |
| Sep 30, 2018 | -18.06% |
| Jun 30, 2018 | -25.21% |
| Mar 31, 2018 | -39.76% |
| Dec 31, 2017 | -20.40% |
| Sep 30, 2017 | -22.95% |
| Jun 30, 2017 | -55.18% |
| Mar 31, 2017 | -51.73% |
| Dec 31, 2016 | 194.50% |
| Sep 30, 2016 | -155.15% |
| Jun 30, 2016 | -226.64% |
| Mar 31, 2016 | -271.49% |
| Dec 31, 2015 | -265.91% |
| Sep 30, 2015 | -290.66% |
| Jun 30, 2015 | -448.68% |
| Mar 31, 2015 | -446.87% |
| Dec 31, 2014 | 930.52% |
| Sep 30, 2014 | -418.84% |