NovoCure (NVCR) Operating Leases (2019 - 2026)
NovoCure's Operating Leases was $37.53 million in Q2 2026, down 12.4% from $42.85 million a year earlier and down 4.9% from the prior quarter.
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Analysis
NovoCure (NVCR) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at NovoCure came in at $41.65 million, up 108.5% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- In earlier years, Operating Leases was $19.97 million in FY2024 (-27.2%), $27.42 million in FY2023 (+46.1%), $18.76 million in FY2022 (+44.4%) and $13 million in FY2021 (-9.1%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q4 2024.
- Compared with a year earlier, Operating Leases was higher in four of the last eight quarters, with growth averaging 39.9%.
- The best year-over-year quarter for Operating Leases over five years was Q4 2025 (growth of 108.5%); the worst was Q4 2024 (a decline of 27.2%).
- Per Business Quant data, NVCR's Operating Leases in the three quarters before Q2 2026 was $39.48 million (Q1 2026), $41.65 million (Q4 2025) and $42.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | NovoCure | 1.86 Bn | -491.82 Mn | 142.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.53 Mn |
| Mar 31, 2026 | 39.48 Mn |
| Dec 31, 2025 | 41.65 Mn |
| Sep 30, 2025 | 42.68 Mn |
| Jun 30, 2025 | 42.85 Mn |
| Mar 31, 2025 | 40.31 Mn |
| Dec 31, 2024 | 19.97 Mn |
| Sep 30, 2024 | 21.14 Mn |
| Jun 30, 2024 | 21.73 Mn |
| Mar 31, 2024 | 25.61 Mn |
| Dec 31, 2023 | 27.42 Mn |
| Sep 30, 2023 | 22.05 Mn |
| Jun 30, 2023 | 20.33 Mn |
| Mar 31, 2023 | 19.97 Mn |
| Dec 31, 2022 | 18.76 Mn |
| Sep 30, 2022 | 14.83 Mn |
| Jun 30, 2022 | 13.38 Mn |
| Mar 31, 2022 | 14.81 Mn |
| Dec 31, 2021 | 13.00 Mn |
| Sep 30, 2021 | 11.48 Mn |
API Access
NovoCure Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NVCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();