NovoCure (NVCR) Operating Expenses (2014 - 2026)
NovoCure (NVCR) posted Operating Expenses of $153.0 million for Q2 2026, down 24.44% sequentially from $202.5 million in Q1 2026, and down 2.43% YoY from $156.9 million in Q2 2025.
NovoCure (NVCR) Operating Expenses (2014 - 2026) Analysis & Trends
NovoCure has reported Operating Expenses for 13 years, with the latest figure at $153.0 million in Q2 2026.
- Quarterly Operating Expenses fell 2.43% year-over-year to $153.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $686.7 million (up 4.98% YoY) and the FY2025 annual result came in at $642.3 million, up 0.59% from the prior year.
- Operating Expenses slipped to $153.0 million in Q2 2026 per NVCR's latest filing, from $202.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $202.5 million in Q1 2026 and troughed at $110.6 million in Q1 2022.
- A 5-year average of $153.5 million and a median of $153.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 38.14% in 2023, then retreated 9.69% in 2025.
- Over 5 years, Operating Expenses stood at $142.5 million in 2022, then rose by 7.31% to $152.9 million in 2023, then climbed by 24.95% to $191.1 million in 2024, then declined by 9.69% to $172.6 million in 2025, then slipped by 11.33% to $153.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $153.0 million, $202.5 million, and $172.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 398.30 Mn |
| 10 | NovoCure | 2.06 Bn | 1.62 Bn | 142.48 Mn | 153.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 153.04 Mn |
| Mar 31, 2026 | 202.55 Mn |
| Dec 31, 2025 | 172.59 Mn |
| Sep 30, 2025 | 158.50 Mn |
| Jun 30, 2025 | 156.85 Mn |
| Mar 31, 2025 | 154.34 Mn |
| Dec 31, 2024 | 191.10 Mn |
| Sep 30, 2024 | 151.82 Mn |
| Jun 30, 2024 | 149.28 Mn |
| Mar 31, 2024 | 146.33 Mn |
| Dec 31, 2023 | 152.94 Mn |
| Sep 30, 2023 | 153.47 Mn |
| Jun 30, 2023 | 154.69 Mn |
| Mar 31, 2023 | 152.82 Mn |
| Dec 31, 2022 | 142.52 Mn |
| Sep 30, 2022 | 125.86 Mn |
| Jun 30, 2022 | 133.49 Mn |
| Mar 31, 2022 | 110.63 Mn |
| Dec 31, 2021 | 126.92 Mn |
| Sep 30, 2021 | 111.95 Mn |