Growth Metrics

NovoCure (NVCR) Tax Rate (2016 - 2025)

NovoCure's Tax Rate history spans 12 years, with the latest figure at 40.18% for Q4 2025.

  • For Q4 2025, Tax Rate rose 5959.0% year-over-year to 40.18%; the TTM value through Dec 2025 reached 0.02%, up 2858.0%, while the annual FY2025 figure was 0.02%, 2858.0% up from the prior year.
  • Tax Rate for Q4 2025 was 40.18% at NovoCure, up from 24.14% in the prior quarter.
  • Across five years, Tax Rate topped out at 40.18% in Q4 2025 and bottomed at 84.77% in Q1 2022.
  • The 5-year median for Tax Rate is 14.66% (2025), against an average of 19.14%.
  • The largest annual shift saw Tax Rate crashed -21897bps in 2021 before it skyrocketed 8089bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 3.46% in 2021, then plummeted by -321bps to 14.57% in 2022, then plummeted by -52bps to 22.18% in 2023, then rose by 12bps to 19.41% in 2024, then surged by 307bps to 40.18% in 2025.
  • Per Business Quant, the three most recent readings for NVCR's Tax Rate are 40.18% (Q4 2025), 24.14% (Q3 2025), and 14.75% (Q2 2025).