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Side-by-side financial comparison of NovoCure Ltd (NVCR) and ROGERS CORP (ROG). Click either name above to swap in a different company.

ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $174.1M, roughly 1.2× NovoCure Ltd). ROGERS CORP runs the higher net margin — 2.2% vs -40.9%, a 43.1% gap on every dollar of revenue. On growth, NovoCure Ltd posted the faster year-over-year revenue change (12.3% vs 5.2%). Over the past eight quarters, NovoCure Ltd's revenue compounded faster (7.6% CAGR vs -3.3%).

NovoCure Ltd is a global oncology company that develops and commercializes innovative Tumor Treating Fields (TTFields) therapy, a non-invasive wearable treatment using low-intensity electric fields to disrupt cancer cell division. Its approved therapies target glioblastoma, malignant mesothelioma and non-small cell lung cancer, serving patients across North America, Europe and Asia Pacific.

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

NVCR vs ROG — Head-to-Head

Bigger by revenue
ROG
ROG
1.2× larger
ROG
$200.5M
$174.1M
NVCR
Growing faster (revenue YoY)
NVCR
NVCR
+7.0% gap
NVCR
12.3%
5.2%
ROG
Higher net margin
ROG
ROG
43.1% more per $
ROG
2.2%
-40.9%
NVCR
Faster 2-yr revenue CAGR
NVCR
NVCR
Annualised
NVCR
7.6%
-3.3%
ROG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NVCR
NVCR
ROG
ROG
Revenue
$174.1M
$200.5M
Net Profit
$-71.1M
$4.5M
Gross Margin
77.6%
32.2%
Operating Margin
Net Margin
-40.9%
2.2%
Revenue YoY
12.3%
5.2%
Net Profit YoY
-107.3%
421.4%
EPS (diluted)
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NVCR
NVCR
ROG
ROG
Q1 26
$174.1M
$200.5M
Q4 25
$174.3M
$201.5M
Q3 25
$167.2M
$216.0M
Q2 25
$158.8M
$202.8M
Q1 25
$155.0M
$190.5M
Q4 24
$161.3M
$192.2M
Q3 24
$155.1M
$210.3M
Q2 24
$150.4M
$214.2M
Net Profit
NVCR
NVCR
ROG
ROG
Q1 26
$-71.1M
$4.5M
Q4 25
$-24.5M
$4.6M
Q3 25
$-37.3M
$8.6M
Q2 25
$-40.1M
$-73.6M
Q1 25
$-34.3M
$-1.4M
Q4 24
$-65.9M
$-500.0K
Q3 24
$-30.6M
$10.7M
Q2 24
$-33.4M
$8.1M
Gross Margin
NVCR
NVCR
ROG
ROG
Q1 26
77.6%
32.2%
Q4 25
75.8%
31.5%
Q3 25
73.2%
33.5%
Q2 25
73.9%
31.6%
Q1 25
75.1%
29.9%
Q4 24
79.2%
32.1%
Q3 24
77.2%
35.2%
Q2 24
77.0%
34.1%
Operating Margin
NVCR
NVCR
ROG
ROG
Q1 26
Q4 25
-23.2%
3.5%
Q3 25
-21.5%
7.3%
Q2 25
-24.9%
-33.3%
Q1 25
-24.4%
-0.2%
Q4 24
-39.3%
-6.6%
Q3 24
-20.7%
6.9%
Q2 24
-22.3%
5.3%
Net Margin
NVCR
NVCR
ROG
ROG
Q1 26
-40.9%
2.2%
Q4 25
-14.1%
2.3%
Q3 25
-22.3%
4.0%
Q2 25
-25.3%
-36.3%
Q1 25
-22.1%
-0.7%
Q4 24
-40.9%
-0.3%
Q3 24
-19.7%
5.1%
Q2 24
-22.2%
3.8%
EPS (diluted)
NVCR
NVCR
ROG
ROG
Q1 26
$0.25
Q4 25
$-0.22
$0.20
Q3 25
$-0.33
$0.48
Q2 25
$-0.36
$-4.00
Q1 25
$-0.31
$-0.08
Q4 24
$-0.61
$-0.04
Q3 24
$-0.28
$0.58
Q2 24
$-0.31
$0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NVCR
NVCR
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$432.0M
$195.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$330.7M
$1.2B
Total Assets
$787.9M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVCR
NVCR
ROG
ROG
Q1 26
$432.0M
$195.8M
Q4 25
$93.5M
$197.0M
Q3 25
$342.1M
$167.8M
Q2 25
$149.6M
$157.2M
Q1 25
$127.3M
$175.6M
Q4 24
$163.8M
$159.8M
Q3 24
$185.4M
$146.4M
Q2 24
$164.8M
$119.9M
Stockholders' Equity
NVCR
NVCR
ROG
ROG
Q1 26
$330.7M
$1.2B
Q4 25
$340.5M
$1.2B
Q3 25
$341.3M
$1.2B
Q2 25
$349.4M
$1.2B
Q1 25
$362.0M
$1.3B
Q4 24
$360.2M
$1.3B
Q3 24
$360.8M
$1.3B
Q2 24
$361.8M
$1.3B
Total Assets
NVCR
NVCR
ROG
ROG
Q1 26
$787.9M
$1.4B
Q4 25
$804.3M
$1.4B
Q3 25
$1.4B
$1.4B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$1.2B
$1.5B
Q2 24
$1.2B
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NVCR
NVCR
ROG
ROG
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$1.1M
FCF MarginFCF / Revenue
0.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVCR
NVCR
ROG
ROG
Q1 26
$5.8M
Q4 25
$-18.0M
$46.9M
Q3 25
$20.6M
$28.9M
Q2 25
$-15.9M
$13.7M
Q1 25
$-35.7M
$11.7M
Q4 24
$-3.5M
$33.7M
Q3 24
$10.4M
$42.4M
Q2 24
$-1.7M
$22.9M
Free Cash Flow
NVCR
NVCR
ROG
ROG
Q1 26
$1.1M
Q4 25
$-22.9M
$42.2M
Q3 25
$14.9M
$21.2M
Q2 25
$-21.4M
$5.6M
Q1 25
$-46.3M
$2.1M
Q4 24
$-12.4M
$18.3M
Q3 24
$-307.0K
$25.2M
Q2 24
$-13.2M
$8.8M
FCF Margin
NVCR
NVCR
ROG
ROG
Q1 26
0.5%
Q4 25
-13.1%
20.9%
Q3 25
8.9%
9.8%
Q2 25
-13.5%
2.8%
Q1 25
-29.9%
1.1%
Q4 24
-7.7%
9.5%
Q3 24
-0.2%
12.0%
Q2 24
-8.8%
4.1%
Capex Intensity
NVCR
NVCR
ROG
ROG
Q1 26
2.3%
Q4 25
2.8%
2.3%
Q3 25
3.4%
3.6%
Q2 25
3.5%
4.0%
Q1 25
6.8%
5.0%
Q4 24
5.5%
8.0%
Q3 24
6.9%
8.2%
Q2 24
7.6%
6.6%
Cash Conversion
NVCR
NVCR
ROG
ROG
Q1 26
1.29×
Q4 25
10.20×
Q3 25
3.36×
Q2 25
Q1 25
Q4 24
Q3 24
3.96×
Q2 24
2.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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