NovoCure (NVCR) Operating Expenses (2014 - 2026)
NovoCure recorded quarterly Operating Expenses of $202.5 million in Q1 2026, up 17.36% quarter-over-quarter from $172.6 million in Q4 2025, and up 31.24% year-over-year from $154.3 million in Q1 2025.
NovoCure's Operating Expenses history runs 13 years deep, the most recent figure standing at $202.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 31.24% year-over-year to $202.5 million; the TTM figure through Mar 2026 stood at $690.5 million (up 6.8% YoY), while the FY2025 annual figure was $642.3 million, up 0.59% from the prior year.
- Operating Expenses came in at $202.5 million for Q1 2026 at NovoCure, up from $172.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $202.5 million in Q1 2026 to a low of $110.6 million in Q1 2022.
- A 5-year average of $153.5 million and a median of $152.9 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 38.14% in 2023 and fell 9.69% in 2025, its largest moves.
- NovoCure's Operating Expenses stood at $142.5 million in 2022, then increased by 7.31% to $152.9 million in 2023, then advanced by 24.95% to $191.1 million in 2024, then dropped by 9.69% to $172.6 million in 2025, then advanced by 17.36% to $202.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $202.5 million, $172.6 million, and $158.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | NovoCure | 1.90 Bn | 1.47 Bn | 135.13 Mn | 202.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 117.21 Mn |
| Mar 31, 2021 | 108.40 Mn |
| Dec 31, 2020 | 103.73 Mn |
| Sep 30, 2020 | 89.24 Mn |
| Jun 30, 2020 | 83.78 Mn |
| Mar 31, 2020 | 80.71 Mn |
| Dec 31, 2019 | 74.30 Mn |
| Sep 30, 2019 | 65.31 Mn |
| Jun 30, 2019 | 64.41 Mn |
| Mar 31, 2019 | 59.61 Mn |
| Dec 31, 2018 | 55.31 Mn |
| Sep 30, 2018 | 51.05 Mn |
| Jun 30, 2018 | 48.77 Mn |
| Mar 31, 2018 | 46.56 Mn |
| Dec 31, 2017 | 42.53 Mn |
| Sep 30, 2017 | 40.88 Mn |
| Jun 30, 2017 | 40.75 Mn |
| Mar 31, 2017 | 36.59 Mn |
| Dec 31, 2016 | 37.15 Mn |
| Sep 30, 2016 | 38.82 Mn |
| Jun 30, 2016 | 38.95 Mn |
| Mar 31, 2016 | 37.01 Mn |
| Dec 31, 2015 | 36.69 Mn |
| Sep 30, 2015 | 27.53 Mn |
| Jun 30, 2015 | 29.00 Mn |
| Mar 31, 2015 | 23.26 Mn |
| Dec 31, 2014 | 24.18 Mn |
| Sep 30, 2014 | 19.69 Mn |