Novocure Ltd (NVCR) — Financial statements
Income statement, balance sheet, and cash flow for Novocure Ltd — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 655↑8.3% | 605↑18.8% | 509↓5.3% | 538↑0.5% | 535 | |
| Cost of Revenue | 167↑21.6% | 137↑6.9% | 128↑11.7% | 115↓0.0% | 115 | |
| Gross Profit | 488↑4.4% | 468↑22.8% | 381↓9.9% | 423↑0.7% | 420 | |
| Operating Expenses | ||||||
| R&D Expenses | 225↑7.1% | 210↓6.0% | 223↑8.2% | 206↑2.4% | 201 | |
| General & Administrative Expenses | 178↓6.4% | 190↑15.7% | 164↑23.6% | 133↑5.3% | 126 | |
| Selling & Marketing Expenses | 240↑0.4% | 239↑5.4% | 227↑30.6% | 174↑26.7% | 137 | |
| SG&A Expenses | 418↓2.6% | 429↑9.7% | 391↑27.6% | 306↑16.4% | 263 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 642↑0.6% | 639↑3.9% | 615↑19.9% | 512↑10.3% | 464 | |
| Total Costs & Expenses | 809↑4.3% | 776↑4.5% | 742↑18.3% | 627↑8.3% | 579 | |
| Operating Results | ||||||
| Operating Income | -154↑9.8% | -170↑26.8% | -233↓160.1% | -90↓101.9% | -44 | |
| Depreciation & Amortization | 17↑53.1% | 11↑2.4% | 11↑3.2% | 11↑3.6% | 10 | |
| EBITDA | -119↓8.6% | -110↑38.2% | -177↓161.4% | -68↓76.9% | -38 | |
| EBIT | -136↓12.8% | -121↑35.9% | -188↓140.0% | -79↓61.4% | -49 | |
| Interest & Other Income | ||||||
| Net Interest Income | 18↓54.0% | 39↓4.4% | 41↑435.8% | 8↑199.2% | -8 | |
| Interest Income | 18↓64.5% | 51↑10.8% | 46↑191.6% | 16↑1339.4% | 1 | |
| Interest Expense | 0.00↓100.0% | 12↑137.7% | 5↓39.5% | 8↓8.2% | 9 | |
| Non-Operating Income | -18↑64.7% | -50↓11.8% | -44↓303.7% | -11↓356.0% | 4 | |
| Other Income / Expenses | 18↓55.4% | 39↓4.4% | 41↑435.8% | 8↑199.2% | -8 | |
| Income Before Tax | -136↓3.9% | -131↑31.6% | -192↓134.3% | -82↓57.2% | -52 | |
| Income Tax Expense | -0.02↓100.1% | 37↑144.8% | 15↑43.2% | 11↑70.3% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -136↑19.2% | -169↑18.6% | -207↓123.7% | -93↓58.6% | -58 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -136↑19.2% | -169↑18.6% | -207↓123.7% | -93↓58.6% | -58 | |
| Bottom-Line Net Income | -136↑19.2% | -169↑18.6% | -207↓123.7% | -93↓58.6% | -58 | |
| EPS (Basic) | -1.22↑21.8% | -1.56↑20.0% | -1.95↓121.6% | -0.88↓57.1% | -0.56 | |
| EPS (Diluted) | -1.22↑21.8% | -1.56↑20.0% | -1.95↓121.6% | -0.88↓57.1% | -0.56 | |
| Weighted Average Shares | 111↑3.4% | 108↑1.4% | 106↑1.7% | 105↑1.2% | 103 | |
| Weighted Average Diluted Shares | 111↑3.4% | 108↑1.4% | 106↑1.7% | 105↑1.2% | 103 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.