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Companies / Health Care / NovoCure Ltd
NVCR

NovoCure Ltd

Health CareSurgical & Medical Instruments
Ticker NVCRST. HELIERFiscal year ends DecemberBook value per share $3.03Diluted shares 115.7M

Novocure Limited (Nasdaq: NVCR) is a global oncology company that develops and commercializes Tumor Treating Fields (TTFields), electric fields delivered by portable medical devices to disrupt cancer-cell division. Its products are Optune Gio for glioblastoma, Optune Lua for non-small cell lung cancer and malignant… From the company’s description.

Over the twelve months to Sep 30, 2026, NovoCure Ltd reported revenue of $725.39M, up 12.9% from a year earlier, and a net loss of $121.73M. Its operating margin was −17.2%, and operations used $0.72M in cash. In fiscal 2025, it reported revenue of $655.35M, up 8.3% from fiscal 2024, and a net loss of $136.23M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$655.35MFY2025
+8.3% year over year
Last 12 mo $725.39M
-23.47%FY2025
+4.7 percentage points
Last 12 mo -17.17%
$-136.23MFY2025
+19.2% year over year
Last 12 mo $-121.73M
-40.01%FY2025
+6.8 percentage points
Last 12 mo -34.72%
Cash & financing
$-49.03MFY2025
−85.9% year over year
Last 12 mo $-0.72M
$-75.68MFY2025
−9.3% year over year
Last 12 mo $-24.61M
0.57FY2025
Was 1.82× a year earlier
Last 12 mo 0.56
111.5MFY2025
+3.4% year over year
Last 12 mo 115.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NovoCure Ltd does

In the company’s own words

Novocure Limited (Nasdaq: NVCR) is a global oncology company that develops and commercializes Tumor Treating Fields (TTFields), electric fields delivered by portable medical devices to disrupt cancer-cell division. Its products are Optune Gio for glioblastoma, Optune Lua for non-small cell lung cancer and malignant pleural mesothelioma, and Optune Pax for locally advanced pancreatic cancer. The devices use a field generator, skin-mounted arrays, batteries and accessories, and are generally used alongside standard cancer treatments. Novocure supplies products directly to patients in most markets, with hospitals serving as distribution partners in some countries; it also supports patients and caregivers and seeks reimbursement from public and private payers. The company markets products internationally and has granted Zai Lab rights to commercialize them in Greater China. Its research and clinical development programs study TTFields across several solid-tumor cancers, including brain metastases from lung cancer. As of December 31, 2025, Novocure had 217 sales force colleagues globally.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
ST. HELIER
Fiscal year end
December
CIK
1645113
SIC
3841

Financial performance, year by year

Fiscal 2015–2025 · USD
$-300.29M$-20.56M$259.17M$538.90M$818.63M20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NovoCure Ltd — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

77
funds hold it
0 of 35
superinvestors hold it
$217.80M
held by funds, at market
12.1%
of shares held by funds

Largest fund holders · NovoCure Ltd’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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