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NovoCure NVCR United States — Net revenues

Other geography segments

Germany
$23.34M
France
$21.35M
Japan
$11.78M
Greater China
$5.96M

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Other financials

Income statement

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Revenue$183.6M+15.6%
Gross profit$142.5M+21.4%
Operating income-$10.6M+73.3%
Net income-$15.7M+61.0%
EPS (diluted)-$0.13+63.9%

Balance sheet

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Cash & equivalents$93.7M-37.4%
Total debt$37.5M-12.4%
Total equity$338.1M-3.2%
Total assets$795.2M-36.2%

Cash flow

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Operating cash flow$8.1M+151%
CapEx$6.9M+26.1%
Free cash flow$1.2M+106%

Valuation

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Market cap$1.91B+56.6%
Enterprise value$1.85B+66.6%
P/S2.7×+0.8×

Profitability

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Gross margin76.1%-0.3pp
Operating margin-22.1%-3.6pp
Net margin-21.2%-3.8pp
FCF margin-3.6%-1.5pp

Returns & leverage

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Return on equity-43.2%-4.0pp
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:Revenues.

The source filing: NovoCure’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001645113-26-000062
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025Year ended Year ended December 31, 2025
United States$102,955$94,261$198,911$187,415$385,632
International markets:
Germany23,34119,07447,84537,79279,407
France21,34718,41644,22536,27576,189
Japan11,7809,48422,02318,19337,786
Other international markets18,20512,97933,88424,91656,898
International markets - Total74,67359,953147,977117,176250,280
Greater China (1)5,9564,59110,7519,20819,441

Item 1. Financial Statements

FAQ

What is NovoCure's united states — net revenues?
NovoCure (NVCR) reported united states — net revenues of $102.96M in Q2 2026.
How has NovoCure's united states — net revenues changed year-over-year?
NovoCure's united states — net revenues increased by 9.2% year-over-year, from $94.26M to $102.96M.
What is the long-term trend for NovoCure's united states — net revenues?
Over 4 years (2021 to 2025), NovoCure's united states — net revenues has grown at a 2.2% compound annual growth rate (CAGR), from $353.11M to $385.63M.
What does united states — net revenues mean?
This metric represents the total revenue generated from the sale of medical devices and associated services within the United States geographic market after accounting for returns, discounts, and allowances. It serves as a primary indicator of the company's commercial penetration and market demand for its therapeutic technologies within this specific region. Tracking this figure helps investors evaluate the effectiveness of regional sales strategies and the adoption rate of the company's product portfolio.

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