Growth Metrics

NovoCure (NVCR) Tax Rate (2016 - 2026)

NovoCure's Tax Rate history spans 13 years, with the latest figure at 2.71% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 1057.0% to 2.71% in Q1 2026 year-over-year; TTM through Mar 2026 was 1.24%, a 2771.0% increase, with the full-year FY2025 number at 0.02%, up 2858.0% from a year prior.
  • Tax Rate hit 2.71% in Q1 2026 for NovoCure, down from 40.18% in the prior quarter.
  • Over the last five years, Tax Rate for NVCR hit a ceiling of 40.18% in Q4 2025 and a floor of 84.77% in Q1 2022.
  • Historically, Tax Rate has averaged 17.41% across 5 years, with a median of 14.57% in 2022.
  • Biggest five-year swings in Tax Rate: surged 8089bps in 2023 and later plummeted -4032bps in 2024.
  • Tracing NVCR's Tax Rate over 5 years: stood at 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, then crashed by -107bps to 2.71% in 2026.
  • Business Quant data shows Tax Rate for NVCR at 2.71% in Q1 2026, 40.18% in Q4 2025, and 24.14% in Q3 2025.