NovoCure (NVCR) Tax Provisions (2014 - 2026)
NovoCure (NVCR) posted quarterly Tax Provisions of $3.2 million for Q2 2026, down 37.87% year-on-year from $5.2 million in Q2 2025, and up 70.53% on a QoQ basis from $1.9 million in Q1 2026.
NovoCure (NVCR) Tax Provisions (2014 - 2026) Analysis & Trends
NovoCure (NVCR) has reported Tax Provisions for 13 consecutive years, with $3.2 million the latest figure, recorded in Q2 2026.
- Quarterly Tax Provisions fell 37.87% year-over-year to $3.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$4.1 million (down 114.27% YoY) and the FY2025 annual result came in at -$23000.0, down 100.06% from the prior year.
- Tax Provisions climbed to $3.2 million in Q2 2026 per NVCR's latest filing, from $1.9 million in the prior quarter.
- Over the last five years, Tax Provisions for NVCR reached as high as $10.7 million in Q4 2024 and fell as low as -$16.5 million in Q4 2025.
- A 5-year average of $3.8 million and a median of $3.8 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions surged 611.4% — and 2025, when it tumbled 253.56%.
- Year by year, Tax Provisions stood at $4.7 million in 2022, then surged by 80.08% to $8.5 million in 2023, then increased by 25.41% to $10.7 million in 2024, then slumped by 253.56% to -$16.5 million in 2025, then surged by 119.48% to $3.2 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $3.2 million, $1.9 million, and -$16.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 70.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -51.51 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | NovoCure | 2.28 Bn | 1.85 Bn | 142.48 Mn | 3.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.21 Mn |
| Mar 31, 2026 | 1.88 Mn |
| Dec 31, 2025 | -16.46 Mn |
| Sep 30, 2025 | 7.25 Mn |
| Jun 30, 2025 | 5.16 Mn |
| Mar 31, 2025 | 4.02 Mn |
| Dec 31, 2024 | 10.72 Mn |
| Sep 30, 2024 | 8.99 Mn |
| Jun 30, 2024 | 10.65 Mn |
| Mar 31, 2024 | 7.12 Mn |
| Dec 31, 2023 | 8.55 Mn |
| Sep 30, 2023 | 1.26 Mn |
| Jun 30, 2023 | 3.51 Mn |
| Mar 31, 2023 | 1.98 Mn |
| Dec 31, 2022 | 4.75 Mn |
| Sep 30, 2022 | 3.16 Mn |
| Jun 30, 2022 | 652,000.00 |
| Mar 31, 2022 | 2.13 Mn |
| Dec 31, 2021 | 885,000.00 |
| Sep 30, 2021 | 2.59 Mn |