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

Fold the line items

Columns are period end dates

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