NovoCure (NVCR) Operating Expenses (2014 - 2026)

NovoCure (NVCR) posted quarterly Operating Expenses of $153.0 million for Q2 2026, down 2.43% year-on-year from $156.9 million in Q2 2025, and down 24.44% on a QoQ basis from $202.5 million in Q1 2026.

NovoCure (NVCR) Operating Expenses (2014 - 2026) Analysis & Trends

NovoCure (NVCR) has reported Operating Expenses for 13 consecutive years, with $153.0 million the latest figure, recorded 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 fell to $153.0 million in Q2 2026 per NVCR's latest filing, from $202.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for NVCR reached as high as $202.5 million in Q1 2026 and fell as low as $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.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 38.14% — and 2025, when it slipped 9.69%.
  • Year by year, Operating Expenses stood at $142.5 million in 2022, then climbed by 7.31% to $152.9 million in 2023, then rose by 24.95% to $191.1 million in 2024, then decreased by 9.69% to $172.6 million in 2025, then fell 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 NovoCure 2.28 Bn 1.85 Bn 142.48 Mn 153.04 Mn

Historic Data

Download Data
DateValue
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