NovoCure (NVCR) Retained Earnings (2014 - 2026)
NovoCure's Retained Earnings came in at -$1.38 billion for Q2 2026, compared with -$1.23 billion a year earlier.
Powered by 
Analysis
NovoCure (NVCR) Retained Earnings (2014 - 2026) Analysis & Trends
At the end of FY2025, NovoCure's Retained Earnings was -$1.29 billion.
- Going back by year, Retained Earnings was -$1.15 billion in FY2024, -$985.5 million in FY2023, -$778.46 million in FY2022 and -$685.93 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Retained Earnings in data going back to Q4 2014.
- Business Quant data shows NVCR's Retained Earnings at -$1.36 billion (Q1 2026), -$1.29 billion (Q4 2025) and -$1.27 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 62.19 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 49.79 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 48.23 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 6.84 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 33.19 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 21.82 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 7.82 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 14.86 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 17.51 Bn |
| 10 | NovoCure | 1.86 Bn | -491.82 Mn | 142.48 Mn | -1.38 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.38 Bn |
| Mar 31, 2026 | -1.36 Bn |
| Dec 31, 2025 | -1.29 Bn |
| Sep 30, 2025 | -1.27 Bn |
| Jun 30, 2025 | -1.23 Bn |
| Mar 31, 2025 | -1.19 Bn |
| Dec 31, 2024 | -1.15 Bn |
| Sep 30, 2024 | -1.09 Bn |
| Jun 30, 2024 | -1.06 Bn |
| Mar 31, 2024 | -1.02 Bn |
| Dec 31, 2023 | -985.50 Mn |
| Sep 30, 2023 | -938.42 Mn |
| Jun 30, 2023 | -888.94 Mn |
| Mar 31, 2023 | -831.52 Mn |
| Dec 31, 2022 | -778.46 Mn |
| Sep 30, 2022 | -741.16 Mn |
| Jun 30, 2022 | -714.58 Mn |
| Mar 31, 2022 | -690.57 Mn |
| Dec 31, 2021 | -685.93 Mn |
| Sep 30, 2021 | -659.47 Mn |
API Access
NovoCure Retained Earnings 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=retained-earnings&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();