What is NovoCure's taxes paid?

NovoCure (NVCR) reported taxes paid of -$3.88M in Q1 2026.

How has NovoCure's taxes paid changed year-over-year?

NovoCure's taxes paid decreased by 178.0% year-over-year, from $4.97M to -$3.88M.

What is the long-term trend for NovoCure's taxes paid?

Over 4 years (2021 to 2025), NovoCure's taxes paid has grown at a 77.2% compound annual growth rate (CAGR), from $3.11M to $30.67M.

What does taxes paid mean?

Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.

NovoCure NVCR Taxes Paid

Taxes Paid at other companies

Boston ScientificBSX

$140.25M-14.5%

MedtronicMDT

$344M+13.2%

Nuvation BioNUVB

$49.25K-47.2%

ExelixisEXEL

$38.82M-8.9%

Cullinan Therapeutics, Inc.CGEM

-$2.97M—

BillionToOne, Inc. BLLN

$129K—

Other financials

Income statement

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Revenue$174.1M+12.3%

Gross profit$135.1M+16.0%

Operating income-$67.4M-78.1%

Net income-$71.1M-107%

EPS (diluted)-$0.62-100%

Balance sheet

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Cash & equivalents$87.5M-31.2%

Total debt$39.5M-2.1%

Total equity$330.7M-8.6%

Total assets$787.9M-36.9%

Cash flow

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Operating cash flow-$13.5M+62.1%

CapEx$5.2M-51.4%

Free cash flow-$18.7M+59.7%

Valuation

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Market cap$1.7B-36.7%

Enterprise value$1.66B-36.3%

P/S2.5×-1.8×

Profitability

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Gross margin75.2%-2.0pp

Operating margin-27.2%+0.4pp

Net margin-25.7%-0.7pp

FCF margin-7.1%-2.0pp

Returns & leverage

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Return on equity-50%+5.4pp

Debt / equity0.1×0.0×

Current ratio2.9×+1.4×

Where this comes from

Reported directly by NovoCure in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxesPaidNet.

The official record: NovoCure’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NovoCure's taxes paid?: NovoCure (NVCR) reported taxes paid of -$3.88M in Q1 2026.
How has NovoCure's taxes paid changed year-over-year?: NovoCure's taxes paid decreased by 178.0% year-over-year, from $4.97M to -$3.88M.
What is the long-term trend for NovoCure's taxes paid?: Over 4 years (2021 to 2025), NovoCure's taxes paid has grown at a 77.2% compound annual growth rate (CAGR), from $3.11M to $30.67M.
What does taxes paid mean?: Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.