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| Date | Value |
|---|---|
| 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 |