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NovoCure NVCR Field equipment, net

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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 nvcr:FieldEquipmentNetNoncurrent.

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 field equipment, net?
NovoCure (NVCR) reported field equipment, net of $23.31M in Q1 2026.
How has NovoCure's field equipment, net changed year-over-year?
NovoCure's field equipment, net increased by 37.8% year-over-year, from $16.91M to $23.31M.
What is the long-term trend for NovoCure's field equipment, net?
Over 5 years (2020 to 2025), NovoCure's field equipment, net has grown at a 14.5% compound annual growth rate (CAGR), from $11.23M to $22.07M.
What does field equipment, net mean?
This reflects the net book value of specialized medical devices or hardware deployed at customer sites or clinical locations that are expected to provide economic benefits beyond one year. It represents a significant portion of the company's capital investment in its core technology delivery model. Tracking this metric is essential for understanding the scale of the installed base and the depreciation impact on long-term assets.