NovoCure annual r&d spending
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2025
NovoCure R&D Spending Growth & History (NVCR)
NovoCure's r&d spending was $224.5M for fiscal 2025.
View full NovoCure company overviewNovoCure annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $224.5M | $14.9M | +7.11% |
| 2024 | 2024-12-31 | $209.6M | −$13.4M | −6.01% |
| 2023 | 2023-12-31 | $223.1M | $17.0M | +8.24% |
| 2022 | 2022-12-31 | $206.1M | $4.8M | +2.38% |
| 2021 | 2021-12-31 | $201.3M | $69.3M | +52.49% |
| 2020 | 2020-12-31 | $132.0M | $53.0M | +67.09% |
| 2019 | 2019-12-31 | $79.0M | $28.4M | +56.21% |
| 2018 | 2018-12-31 | $50.6M | $12.5M | +32.73% |
| 2017 | 2017-12-31 | $38.1M | −$3.4M | −8.11% |
| 2016 | 2016-12-31 | $41.5M | −$2.3M | −5.21% |
| 2015 | 2015-12-31 | $43.7M | $3.4M | +8.34% |
| 2014 | 2014-12-31 | $40.4M | $5.6M | +16.05% |
| 2013 | 2013-12-31 | $34.8M | — | — |
NovoCure quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $51.4M | −$4.4M | −7.85% |
| Q1 2026 | 2026-03-31 | $58.3M | $4.6M | +8.48% |
| Q4 2025 | 2025-12-31 | $60.9M | $9.7M | +18.93% |
| Q3 2025 | 2025-09-30 | $54.0M | $2.1M | +4.14% |
| Q2 2025 | 2025-06-30 | $55.8M | $878,000 | +1.60% |
| Q1 2025 | 2025-03-31 | $53.8M | $2.2M | +4.22% |
| Q4 2024 | 2024-12-31 | $51.2M | −$3.1M | −5.70% |
| Q3 2024 | 2024-09-30 | $51.9M | −$1.7M | −3.25% |
| Q2 2024 | 2024-06-30 | $55.0M | −$472,000 | −0.85% |
| Q1 2024 | 2024-03-31 | $51.6M | −$8.1M | −13.58% |
| Q4 2023 | 2023-12-31 | $54.3M | −$512,000 | −0.93% |
| Q3 2023 | 2023-09-30 | $53.6M | $1.7M | +3.21% |
| Q2 2023 | 2023-06-30 | $55.4M | −$1.6M | −2.89% |
| Q1 2023 | 2023-03-31 | $59.7M | $17.5M | +41.36% |
| Q4 2022 | 2022-12-31 | $54.8M | −$2.1M | −3.71% |
| Q3 2022 | 2022-09-30 | $52.0M | $3.8M | +7.92% |
| Q2 2022 | 2022-06-30 | $57.1M | $6.8M | +13.44% |
| Q1 2022 | 2022-03-31 | $42.2M | −$3.7M | −8.02% |
| Q4 2021 | 2021-12-31 | $56.9M | $12.9M | +29.38% |
| Q3 2021 | 2021-09-30 | $48.1M | $15.3M | +46.69% |
| Q2 2021 | 2021-06-30 | $50.3M | $20.4M | +68.18% |
| Q1 2021 | 2021-03-31 | $45.9M | $20.6M | +81.69% |
| Q4 2020 | 2020-12-31 | $44.0M | $20.3M | +85.35% |
| Q3 2020 | 2020-09-30 | $32.8M | $14.1M | +74.88% |
| Q2 2020 | 2020-06-30 | $29.9M | $10.5M | +53.79% |
| Q1 2020 | 2020-03-31 | $25.3M | $8.2M | +48.29% |
| Q4 2019 | 2019-12-31 | $23.7M | $8.7M | +57.92% |
| Q3 2019 | 2019-09-30 | $18.8M | $5.7M | +43.54% |
| Q2 2019 | 2019-06-30 | $19.5M | $8.1M | +71.22% |
| Q1 2019 | 2019-03-31 | $17.0M | $5.9M | +53.48% |
| Q4 2018 | 2018-12-31 | $15.0M | $5.0M | +49.62% |
| Q3 2018 | 2018-09-30 | $13.1M | $3.8M | +40.99% |
| Q2 2018 | 2018-06-30 | $11.4M | $2.0M | +21.25% |
| Q1 2018 | 2018-03-31 | $11.1M | $1.7M | +17.99% |
| Q4 2017 | 2017-12-31 | $10.0M | $1.6M | +18.62% |
| Q3 2017 | 2017-09-30 | $9.3M | −$960,000 | −9.38% |
| Q2 2017 | 2017-06-30 | $9.4M | −$1.9M | −17.20% |
| Q1 2017 | 2017-03-31 | $9.4M | −$2.0M | −17.77% |
| Q4 2016 | 2016-12-31 | $8.5M | −$2.4M | −21.89% |
| Q3 2016 | 2016-09-30 | $10.2M | $22,000 | +0.22% |
| Q2 2016 | 2016-06-30 | $11.3M | −$1.4M | −11.34% |
| Q1 2016 | 2016-03-31 | $11.4M | $1.5M | +15.29% |
| Q4 2015 | 2015-12-31 | $10.8M | — | — |
| Q3 2015 | 2015-09-30 | $10.2M | $935,000 | +10.08% |
| Q2 2015 | 2015-06-30 | $12.8M | — | — |
| Q1 2015 | 2015-03-31 | $9.9M | — | — |
| Q3 2014 | 2014-09-30 | $9.3M | — | — |
NovoCure r&d spending trends
Over the last five fiscal years, NovoCure's r&d spending increased from $132.0M to $224.5M, a change of $92.5M. The latest reported quarter, Q2 2026, shows $51.4M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review NovoCure source filings ↗