NovoCure (NVCR) Research & Development (2014 - 2026)

NovoCure (NVCR) posted quarterly Research & Development of $61.7 million for Q2 2026, up 8.09% year-on-year from $57.1 million in Q2 2025, and up 5.7% on a QoQ basis from $58.4 million in Q1 2026.

NovoCure (NVCR) Research & Development (2014 - 2026) Analysis & Trends

NovoCure (NVCR) has reported Research & Development for 13 consecutive years, with $61.7 million the latest figure, recorded in Q2 2026.

  • Quarterly Research & Development rose 8.09% year-over-year to $61.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $247.2 million (up 2.98% YoY) and the FY2025 annual result came in at $240.1 million, changed 0.42% from the prior year.
  • Research & Development grew to $61.7 million in Q2 2026 per NVCR's latest filing, from $58.4 million in the prior quarter.
  • Over the last five years, Research & Development for NVCR reached as high as $68.7 million in Q4 2025 and fell as low as $42.2 million in Q1 2022.
  • A 5-year average of $57.7 million and a median of $58.0 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development declined 8.02% — and 2023, when it soared 41.36%.
  • Year by year, Research & Development stood at $54.8 million in 2022, then increased by 5.9% to $58.1 million in 2023, then increased by 16.12% to $67.4 million in 2024, then advanced by 1.85% to $68.7 million in 2025, then retreated by 10.16% to $61.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $61.7 million, $58.4 million, and $68.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 NovoCure 2.28 Bn 1.85 Bn 142.48 Mn 61.68 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 61.68 Mn
Mar 31, 2026 58.36 Mn
Dec 31, 2025 68.66 Mn
Sep 30, 2025 58.55 Mn
Jun 30, 2025 57.07 Mn
Mar 31, 2025 55.79 Mn
Dec 31, 2024 67.41 Mn
Sep 30, 2024 59.83 Mn
Jun 30, 2024 56.62 Mn
Mar 31, 2024 55.21 Mn
Dec 31, 2023 58.06 Mn
Sep 30, 2023 57.96 Mn
Jun 30, 2023 58.49 Mn
Mar 31, 2023 59.70 Mn
Dec 31, 2022 54.82 Mn
Sep 30, 2022 51.96 Mn
Jun 30, 2022 57.08 Mn
Mar 31, 2022 42.23 Mn
Dec 31, 2021 56.93 Mn
Sep 30, 2021 48.14 Mn