Saturday 17 October 2026 Export NVCR’s income statement to Excel — free account

NovoCure Limited

NovoCure Limited’s revenue for fiscal 2025 (year ended December 2025) was $655.4 million, up 8.28% from fiscal 2024. In the quarter to June 2026, revenue grew 15.6%, EPS grew 63.9%, free cash flow grew 105.7% and total debt rose 100.7%, each against the same quarter a year earlier.

14.07 0.34 −2.36%

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Market cap: $1.7B
P/E: 0.0×
Fwd P/E: −10.8×
Dividend yield: —
F-score: 4/9
Altman Z: 0.43
Beneish M: −2.12
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	0.00	0.00	0.00	0.00	865.20	0.00	0.00	0.00	0.00	0.00
Piotroski F-Score Full definition →	4	4	4	7	6	4	4	1	5	4
P/S ratio Full definition →	8.10	10.15	12.39	23.32	35.33	14.51	13.22	3.01	5.31	2.20
Altman Z-Score Full definition →	0.21	5.06	6.77	18.50	18.95	6.87	6.39	0.68	1.26	0.43
P/FCF ratio Full definition →	0.00	0.00	0.00	507.85	207.47	132.55	754.04	0.00	0.00	0.00
Altman Z″-Score (non-manufacturers) Full definition →	(2.45)	(2.55)	(1.37)	1.27	4.63	3.73	3.23	1.21	(1.67)	(2.29)
Beneish M-Score Full definition →	(2.09)	(1.93)	(2.99)	(0.43)	(2.72)	(3.18)	(2.86)	(3.14)	(2.87)	(2.12)
P/Operating CF Full definition →	(48.94)	(620.26)	182.85	1,176.99	326.57	539.14	(1,918.15)	(105.24)	(931.17)	(80.06)
P/B ratio Full definition →	4.72	15.83	27.39	37.62	36.65	18.92	16.12	4.23	8.92	4.23
Price to Tangible BV Full definition →	4.72	15.83	27.39	37.62	36.65	18.92	16.12	4.23	8.92	4.23
EV/Sales Full definition →	6.61	9.66	12.00	22.82	34.47	13.81	12.47	2.33	3.91	1.80
EV/EBITDA Full definition →	0.00	0.00	0.00	1,492.64	398.05	0.00	0.00	0.00	0.00	0.00
EV/Operating CF Full definition →	(5.09)	(51.59)	(1,595.53)	301.11	171.87	89.29	217.82	(16.21)	(89.82)	(24.04)
EV/FCF Full definition →	(4.37)	(42.21)	(346.97)	496.77	202.43	126.13	711.15	(11.83)	(34.22)	(15.58)
Quick Ratio Full definition →	6.41	4.44	4.63	4.82	8.56	7.36	6.82	5.56	1.42	2.71
Current Ratio Full definition →	7.10	4.88	4.98	5.10	8.80	7.53	7.00	5.78	1.46	2.90
Net Debt/EBITDA Full definition →	1.13	2.81	4.18	(33.29)	(9.91)	12.15	5.03	1.40	4.57	1.36
Debt/Assets Full definition →	34.11%	36.69%	43.93%	31.17%	40.87%	49.34%	47.46%	49.63%	9.45%	29.43%
Debt/Equity Full definition →	0.68	0.86	1.33	0.69	0.90	1.37	1.28	1.57	0.33	0.70
Asset Turnover Full definition →	0.28	0.65	0.82	0.86	0.65	0.49	0.46	0.44	0.51	0.64
Operating CF/Net income Full definition →	0.82	0.54	0.03	(3.68)	5.01	(1.42)	(0.33)	0.35	0.16	0.36
Capex/Depreciation Full definition →	(3.04)	(0.93)	(0.67)	(1.67)	(1.21)	(1.81)	(2.35)	2.24	2.97	3.09
Interest Coverage Full definition →	(18.76)	(4.29)	(2.74)	(0.12)	2.47	(5.73)	11.66	5.66	4.33	8.76
ROE Full definition →	(67.07%)	(48.19%)	(56.29%)	(4.38%)	5.71%	(13.16%)	(21.73%)	(51.52%)	(46.67%)	(38.89%)
ROA Full definition →	(44.74%)	(22.53%)	(21.01%)	(1.77%)	2.59%	(5.33%)	(7.94%)	(17.71%)	(14.13%)	(13.32%)
ROIC Full definition →	(385.93%)	(96.51%)	(155.72%)	(1.46%)	36.29%	(81.01%)	(152.27%)	(767.68%)	0.00%	(80.34%)
Return on Tangible Assets Full definition →	(54.12%)	(28.95%)	(23.35%)	(1.95%)	2.18%	(6.04%)	(9.27%)	(22.55%)	(38.09%)	(26.04%)
Average Days of Receivables Full definition →	72.32	77.67	74.75	91.49	87.08	75.45	76.16	60.12	65.91	82.49
Research and Development Expense of Revenue Full definition →	50.03%	21.52%	20.39%	22.49%	26.70%	37.62%	38.32%	43.79%	34.64%	34.26%
Selling, General and Administrative Expense of Revenue Full definition →	133.26%	69.28%	60.92%	52.55%	45.60%	49.19%	56.97%	76.74%	70.87%	63.74%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	26.71%	15.32%	16.06%	14.92%	15.32%	17.74%	19.89%	22.70%	26.44%	16.00%
Graham Net Nets Full definition →	0.18	0.05	0.03	0.02	0.02	0.04	0.05	0.16	0.07	0.13
Graham Number Full definition →	0.00	0.00	0.00	0.00	4.61	0.00	0.00	0.00	0.00	0.00
Earnings Yield Full definition →	(19.75%)	(3.45%)	(2.09%)	(0.09%)	0.12%	(0.75%)	(1.30%)	(13.54%)	(5.23%)	(9.44%)
Free Cash Flow Yield Full definition →	(18.65%)	(2.25%)	(0.28%)	0.20%	0.48%	0.75%	0.13%	(6.56%)	(2.15%)	(5.25%)
Revenue per Share Full definition →	0.97	2.00	2.70	3.61	4.90	5.17	5.14	4.79	5.61	5.88
Operating CF per Share Full definition →	(1.26)	(0.37)	(0.02)	0.27	0.98	0.80	0.29	(0.69)	(0.24)	(0.44)
Capex per Share Full definition →	(0.21)	(0.08)	(0.07)	(0.11)	(0.15)	(0.23)	(0.20)	(0.25)	(0.40)	(0.24)
Free Cash Flow per Share Full definition →	(1.46)	(0.46)	(0.09)	0.17	0.83	0.57	0.09	(0.94)	(0.64)	(0.68)
Cash per Share Full definition →	2.57	2.09	2.70	3.38	8.46	9.07	9.27	8.58	8.92	4.10
Shareholders Equity per Share Full definition →	1.66	1.28	1.22	2.24	4.72	3.97	4.22	3.41	3.34	3.05
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	1.66	1.28	1.22	2.24	4.72	3.97	4.22	3.41	3.34	3.05
Free Cash Flow Full definition →	(125.26)	(40.50)	(8.58)	16.14	84.18	58.59	9.43	(100.43)	(69.22)	(75.68)
Working Capital Full definition →	224.99	194.93	256.81	353.64	885.83	930.92	952.75	855.29	350.18	423.50
Capital Expenditures Full definition →	(17.66)	(7.37)	(6.71)	(10.48)	(14.97)	(24.17)	(21.36)	(27.09)	(42.85)	(26.65)
Net Current Asset Value Full definition →	122.14	93.40	93.84	178.29	423.98	344.53	361.05	250.78	225.97	182.87
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	560.54	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.21	0.04	0.03	0.03	0.03	0.05	0.04	0.05	0.07	0.04
Price to Operating Income Full definition →	0.00	0.00	0.00	0.00	574.49	0.00	0.00	0.00	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.31	0.44	0.65	0.37	0.55	0.37	0.20	(0.19)	(0.16)	(0.09)
Cash ROIC Full definition →	(27.32%)	(10.22%)	(1.68%)	2.32%	4.78%	3.07%	0.48%	(5.45%)	(4.81%)	(7.31%)
Accounts Receivable Turnover Full definition →	6.09	6.55	5.61	5.06	4.80	4.68	4.83	5.19	6.27	5.09
Accounts Payable Turnover Full definition →	2.64	3.13	3.65	2.78	2.35	1.82	1.46	1.43	1.38	1.47
Inventory Turnover Full definition →	2.36	2.34	3.59	3.83	4.17	4.43	4.27	3.80	3.75	4.38
Average Days of Payables Full definition →	144.76	112.93	121.78	152.11	183.86	230.67	270.72	268.57	279.60	267.35
Days of Inventory on Hand Full definition →	201.49	144.57	102.85	97.63	93.98	77.61	93.34	108.56	93.35	89.92
Average Receivables Full definition →	13.61	27.05	44.24	69.43	103.00	114.27	111.41	98.06	96.59	128.70
Average Payables Full definition →	17.56	17.78	21.96	31.82	45.29	63.12	78.90	89.79	99.74	113.66
Average Inventory Full definition →	19.57	23.79	22.29	23.13	25.56	25.92	26.90	33.76	36.62	38.10
Average Assets Full definition →	294.71	273.69	302.55	409.62	765.72	1,095.74	1,165.57	1,168.89	1,193.46	1,022.56
Average Common Equity Full definition →	196.58	127.95	112.91	165.02	347.16	443.51	425.83	401.83	361.34	350.32

Fold the line items

Columns are period end dates

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