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How NovoCure (NVCR) makes money

NovoCure (NVCR) made $193M of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier.

Drawing the Sankey…

NovoCure revenue by quarterNovoCure revenue by quarter$155MQ1 2025$159MQ2 2025$167MQ3 2025$174MQ4 2025$174MQ1 2026$184MQ2 2026$193MQ3 2026
NovoCure: where each dollar of revenue goesNovoCure: where each dollar of revenue goesIncome tax1¢Operating cash flow12¢Free cash flow8¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$193M100.0%
Income tax$2.6M1.3%
Operating cash flow$22.7M11.7%
Free cash flow$15.7M8.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$193M+16%
Q2 2026$184M+16%
Q1 2026$174M+12%
Q4 2025$174M+8%
Q3 2025$167M+8%
Q2 2025$159M+6%
Q1 2025$155M+12%

From NovoCure's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does NovoCure make money?

NovoCure (NVCR) made $193M of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.