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Side-by-side financial comparison of NovoCure Ltd (NVCR) and Rapid7, Inc. (RPD). Click either name above to swap in a different company.

Rapid7, Inc. is the larger business by last-quarter revenue ($217.4M vs $174.1M, roughly 1.2× NovoCure Ltd). Rapid7, Inc. runs the higher net margin — 1.4% vs -40.9%, a 42.3% gap on every dollar of revenue. On growth, NovoCure Ltd posted the faster year-over-year revenue change (12.3% vs 0.5%). Over the past eight quarters, NovoCure Ltd's revenue compounded faster (7.6% CAGR vs 3.0%).

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.

Rapid7, Inc. is a leading global cybersecurity company that offers a full portfolio of solutions including vulnerability management, threat detection and response, cloud security, and security analytics. It serves enterprises, SMBs, and public sector entities across industries like tech, healthcare, finance, and manufacturing worldwide, helping clients address and mitigate cyber risks efficiently.

NVCR vs RPD — Head-to-Head

Bigger by revenue
RPD
RPD
1.2× larger
RPD
$217.4M
$174.1M
NVCR
Growing faster (revenue YoY)
NVCR
NVCR
+11.8% gap
NVCR
12.3%
0.5%
RPD
Higher net margin
RPD
RPD
42.3% more per $
RPD
1.4%
-40.9%
NVCR
Faster 2-yr revenue CAGR
NVCR
NVCR
Annualised
NVCR
7.6%
3.0%
RPD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NVCR
NVCR
RPD
RPD
Revenue
$174.1M
$217.4M
Net Profit
$-71.1M
$3.1M
Gross Margin
77.6%
68.9%
Operating Margin
1.0%
Net Margin
-40.9%
1.4%
Revenue YoY
12.3%
0.5%
Net Profit YoY
-107.3%
44.1%
EPS (diluted)
$0.05

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
RPD
RPD
Q1 26
$174.1M
Q4 25
$174.3M
$217.4M
Q3 25
$167.2M
$218.0M
Q2 25
$158.8M
$214.2M
Q1 25
$155.0M
$210.3M
Q4 24
$161.3M
$216.3M
Q3 24
$155.1M
$214.7M
Q2 24
$150.4M
$208.0M
Net Profit
NVCR
NVCR
RPD
RPD
Q1 26
$-71.1M
Q4 25
$-24.5M
$3.1M
Q3 25
$-37.3M
$9.8M
Q2 25
$-40.1M
$8.3M
Q1 25
$-34.3M
$2.1M
Q4 24
$-65.9M
$2.2M
Q3 24
$-30.6M
$15.4M
Q2 24
$-33.4M
$6.5M
Gross Margin
NVCR
NVCR
RPD
RPD
Q1 26
77.6%
Q4 25
75.8%
68.9%
Q3 25
73.2%
70.2%
Q2 25
73.9%
70.6%
Q1 25
75.1%
71.7%
Q4 24
79.2%
69.5%
Q3 24
77.2%
70.6%
Q2 24
77.0%
70.7%
Operating Margin
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
-23.2%
1.0%
Q3 25
-21.5%
2.7%
Q2 25
-24.9%
1.6%
Q1 25
-24.4%
-0.0%
Q4 24
-39.3%
3.4%
Q3 24
-20.7%
6.0%
Q2 24
-22.3%
2.5%
Net Margin
NVCR
NVCR
RPD
RPD
Q1 26
-40.9%
Q4 25
-14.1%
1.4%
Q3 25
-22.3%
4.5%
Q2 25
-25.3%
3.9%
Q1 25
-22.1%
1.0%
Q4 24
-40.9%
1.0%
Q3 24
-19.7%
7.2%
Q2 24
-22.2%
3.1%
EPS (diluted)
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
$-0.22
$0.05
Q3 25
$-0.33
$0.15
Q2 25
$-0.36
$0.13
Q1 25
$-0.31
$0.03
Q4 24
$-0.61
$0.08
Q3 24
$-0.28
$0.21
Q2 24
$-0.31
$0.09

Balance Sheet & Financial Strength

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

Metric
NVCR
NVCR
RPD
RPD
Cash + ST InvestmentsLiquidity on hand
$432.0M
$474.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$330.7M
$154.7M
Total Assets
$787.9M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVCR
NVCR
RPD
RPD
Q1 26
$432.0M
Q4 25
$93.5M
$474.7M
Q3 25
$342.1M
$407.1M
Q2 25
$149.6M
$511.7M
Q1 25
$127.3M
$493.5M
Q4 24
$163.8M
$521.7M
Q3 24
$185.4M
$443.7M
Q2 24
$164.8M
$442.6M
Stockholders' Equity
NVCR
NVCR
RPD
RPD
Q1 26
$330.7M
Q4 25
$340.5M
$154.7M
Q3 25
$341.3M
$127.2M
Q2 25
$349.4M
$90.4M
Q1 25
$362.0M
$52.7M
Q4 24
$360.2M
$17.7M
Q3 24
$360.8M
$-5.1M
Q2 24
$361.8M
$-52.6M
Total Assets
NVCR
NVCR
RPD
RPD
Q1 26
$787.9M
Q4 25
$804.3M
$1.7B
Q3 25
$1.4B
$1.7B
Q2 25
$1.2B
$1.6B
Q1 25
$1.2B
$1.6B
Q4 24
$1.2B
$1.7B
Q3 24
$1.2B
$1.6B
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
RPD
RPD
Operating Cash FlowLast quarter
$37.6M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
12.01×
TTM Free Cash FlowTrailing 4 quarters
$146.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
$-18.0M
$37.6M
Q3 25
$20.6M
$39.0M
Q2 25
$-15.9M
$47.5M
Q1 25
$-35.7M
$29.8M
Q4 24
$-3.5M
$63.8M
Q3 24
$10.4M
$44.0M
Q2 24
$-1.7M
$32.9M
Free Cash Flow
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
$-22.9M
$36.4M
Q3 25
$14.9M
$34.8M
Q2 25
$-21.4M
$46.6M
Q1 25
$-46.3M
$28.4M
Q4 24
$-12.4M
$62.6M
Q3 24
$-307.0K
$42.6M
Q2 24
$-13.2M
$32.6M
FCF Margin
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
-13.1%
16.8%
Q3 25
8.9%
16.0%
Q2 25
-13.5%
21.8%
Q1 25
-29.9%
13.5%
Q4 24
-7.7%
28.9%
Q3 24
-0.2%
19.9%
Q2 24
-8.8%
15.7%
Capex Intensity
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
2.8%
0.5%
Q3 25
3.4%
1.9%
Q2 25
3.5%
0.4%
Q1 25
6.8%
0.6%
Q4 24
5.5%
0.5%
Q3 24
6.9%
0.6%
Q2 24
7.6%
0.1%
Cash Conversion
NVCR
NVCR
RPD
RPD
Q1 26
Q4 25
12.01×
Q3 25
3.97×
Q2 25
5.70×
Q1 25
14.14×
Q4 24
29.36×
Q3 24
2.85×
Q2 24
5.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVCR
NVCR

Segment breakdown not available.

RPD
RPD

Products$209.1M96%
Services$8.2M4%

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