NovoCure (NVCR) Operating Margin (2014 - 2026)
NovoCure (NVCR) posted Operating Margin of 5.75% for Q2 2026, up 85.15% sequentially from 38.73% in Q1 2026, and up 1913.0% YoY from 0.29% in Q2 2025.
NovoCure (NVCR) Operating Margin (2014 - 2026) Analysis & Trends
NovoCure has reported Operating Margin for 13 years, with the latest figure at 5.75% in Q2 2026.
- Quarterly Operating Margin rose 1913.0% year-over-year to 5.75% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 22.08% (up 534.0% YoY) and the FY2025 annual result came in at 23.47%, up 470.0% from the prior year.
- Operating Margin grew to 5.75% in Q2 2026 per NVCR's latest filing, from 38.73% in the prior quarter.
- Over five years, Operating Margin peaked at 0.59% in Q1 2022 and troughed at 49.71% in Q2 2023.
- A 5-year average of 27.89% and a median of 24.66% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 4872 bps in 2023, then jumped 2738 bps in 2024.
- Over 5 years, Operating Margin stood at 33.46% in 2022, then decreased by 16 bps to 38.66% in 2023, then retreated by 2 bps to 39.25% in 2024, then soared by 41 bps to 23.17% in 2025, then surged by 75 bps to 5.75% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.75%, 38.73%, and 23.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 19.15% |
| 10 | NovoCure | 2.04 Bn | 1.60 Bn | 142.48 Mn | -5.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.75% |
| Mar 31, 2026 | -38.73% |
| Dec 31, 2025 | -23.17% |
| Sep 30, 2025 | -21.54% |
| Jun 30, 2025 | -24.89% |
| Mar 31, 2025 | -24.43% |
| Dec 31, 2024 | -39.25% |
| Sep 30, 2024 | -20.69% |
| Jun 30, 2024 | -22.33% |
| Mar 31, 2024 | -29.98% |
| Dec 31, 2023 | -38.66% |
| Sep 30, 2023 | -45.75% |
| Jun 30, 2023 | -49.71% |
| Mar 31, 2023 | -49.31% |
| Dec 31, 2022 | -33.46% |
| Sep 30, 2022 | -18.79% |
| Jun 30, 2022 | -15.00% |
| Mar 31, 2022 | -0.59% |
| Dec 31, 2021 | -17.56% |
| Sep 30, 2021 | -6.40% |