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NovoCure (NVCR) R&D spending by quarter

NovoCure's R&D spending was $58.1M in Q3 2026 (third quarter 2026), +13% from Q2 2026. Over the last 7 quarters it ranged from $51.4M (Q2 2026) to $60.9M (Q4 2025).

NovoCure R&D spending by quarterNovoCure R&D spending by quarter$53.8MQ1 2025$55.8MQ2 2025$54.0MQ3 2025$60.9MQ4 2025$58.3MQ1 2026$51.4MQ2 2026$58.1MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$58.1M+13%+8%
Q2 2026$51.4M-12%-8%
Q1 2026$58.3M-4%+8%
Q4 2025$60.9M+13%—
Q3 2025$54.0M-3%—
Q2 2025$55.8M+4%—
Q1 2025$53.8M——

Q3 2026 at a glance

NovoCure, Q3 2026: revenue $193M (+16% year over year), operating margin -3.2%, net loss $10.4M, operating cash flow $22.7M. The chart follows the revenue to costs, profit and cash.

Questions

What is NovoCure's R&D spending?

NovoCure's R&D spending was $58.1M in Q3 2026 (third quarter 2026), +13% from Q2 2026.

How has NovoCure's R&D spending changed?

Over the last 7 quarters it ranged from $51.4M (Q2 2026) to $60.9M (Q4 2025).

Q3 2026 results → · How NovoCure makes money →