TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›NVCR›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

NovoCure Ltd (NVCR) financials

Income statement

NovoCure Ltd (NVCR) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$82.9M$177M$248M$351M$494M$535M$538M$509M$605M$655M
Revenue growth—113.6%40.1%41.6%40.7%8.2%0.5%-5.3%18.8%8.3%
Gross profit$36.6M$121M$168M$263M$388M$420M$423M$381M$468M$488M
Gross margin44.2%68.6%67.7%74.8%78.5%78.5%78.6%74.8%77.3%74.5%
Operating income-$115M-$39.3M-$33.7M-$914K$30.4M-$44.3M-$89.5M-$233M-$170M-$154M
Operating margin-139.1%-22.2%-13.6%-0.3%6.1%-8.3%-16.6%-45.7%-28.2%-23.5%
Net income-$132M-$61.7M-$63.6M-$7.23M$19.8M-$58.4M-$92.5M-$207M-$169M-$136M
Net margin-159.1%-34.8%-25.6%-2.1%4.0%-10.9%-17.2%-40.6%-27.9%-20.8%
EPS (diluted)-$1.54-$0.70-$0.69-$0.07$0.18-$0.56-$0.88-$1.95-$1.56-$1.22

Cash flow

NovoCure Ltd (NVCR) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$108M-$33.1M-$1.86M$26.6M$99.1M$82.8M$30.8M-$73.3M-$26.4M-$49.0M
Capital expenditures$5.67M$7.37M$6.71M$10.5M$15.0M$24.2M$21.4M$27.1M$42.9M$26.6M
Free cash flow-$113M-$40.5M-$8.58M$16.1M$84.2M$58.6M$9.43M-$100M-$69.2M-$75.7M
Dividends paid$0.00$0.00————————

Balance sheet

NovoCure Ltd (NVCR) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$99.8M$78.6M$141M$177M$235M$209M$115M$241M$164M$93.5M
Total assets$282M$265M$340M$479M$1.05B$1.14B$1.19B$1.15B$1.24B$804M
Total liabilities$140M$152M$228M$262M$575M$729M$750M$784M$881M$464M
Long-term debt$96.2M$97.3M$149M$149M$430M$562M$566M$569M$97.3M$195M
Shareholders' equity$142M$114M$112M$218M$477M$410M$441M$362M$360M$340M
Retained earnings-$520M-$582M-$644M-$651M-$631M-$686M-$778M-$986M-$1.15B-$1.29B
Shares (wtd avg diluted)87.1M89.5M91.8M97.2M109M103M105M106M108M111M

Every figure is extracted from NovoCure Ltd’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NovoCure Ltd's annual revenue?
NovoCure Ltd (NVCR) reported $655M of revenue for fiscal year 2025 — up 8.3% from $605M in FY2024, per its annual report filed with the SEC.
Is NovoCure Ltd profitable?
Not in FY2025 — NVCR reported a net loss of $136M, per SEC filings.
What is NovoCure Ltd's free cash flow?
-$75.7M in FY2025 (operating cash flow -$49.0M minus $26.6M of capital expenditures), from the SEC cash-flow statement.
Does NVCR pay a dividend?
NovoCure Ltd reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NVCR analysis — verdict, score & filings →Is NVCR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.