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Side-by-side financial comparison of NOVA LTD. (NVMI) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Royalty Pharma plc is the larger business by last-quarter revenue ($622.0M vs $433.3M, roughly 1.4× NOVA LTD.). Royalty Pharma plc runs the higher net margin — 34.4% vs 30.7%, a 3.7% gap on every dollar of revenue.

Nova Ltd., formerly known as Nova Measuring Instruments, is a publicly traded company that provides advanced metrology solutions for semiconductor manufacturing. Founded in 1993, the company specializes in dimensional, materials, and chemical metrology technologies. Nova is listed on both the NASDAQ Global Market and on the Tel Aviv Stock Exchange under the ticker symbol NVMI.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

NVMI vs RPRX — Head-to-Head

Bigger by revenue
RPRX
RPRX
1.4× larger
RPRX
$622.0M
$433.3M
NVMI
Higher net margin
RPRX
RPRX
3.7% more per $
RPRX
34.4%
30.7%
NVMI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NVMI
NVMI
RPRX
RPRX
Revenue
$433.3M
$622.0M
Net Profit
$133.1M
$214.2M
Gross Margin
57.6%
Operating Margin
29.7%
62.4%
Net Margin
30.7%
34.4%
Revenue YoY
4.8%
Net Profit YoY
2.9%
EPS (diluted)
$0.49

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
NVMI
NVMI
RPRX
RPRX
Q4 25
$622.0M
Q3 25
$609.3M
Q2 25
$433.3M
$578.7M
Q1 25
$568.2M
Q4 24
$593.6M
Q3 24
$564.7M
Q2 24
$537.3M
Q1 24
$568.0M
Net Profit
NVMI
NVMI
RPRX
RPRX
Q4 25
$214.2M
Q3 25
$288.2M
Q2 25
$133.1M
$30.2M
Q1 25
$238.3M
Q4 24
$208.2M
Q3 24
$544.0M
Q2 24
$102.0M
Q1 24
$4.8M
Gross Margin
NVMI
NVMI
RPRX
RPRX
Q4 25
Q3 25
Q2 25
57.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
NVMI
NVMI
RPRX
RPRX
Q4 25
62.4%
Q3 25
70.1%
Q2 25
29.7%
36.3%
Q1 25
94.0%
Q4 24
60.9%
Q3 24
Q2 24
50.2%
Q1 24
-13.0%
Net Margin
NVMI
NVMI
RPRX
RPRX
Q4 25
34.4%
Q3 25
47.3%
Q2 25
30.7%
5.2%
Q1 25
41.9%
Q4 24
35.1%
Q3 24
96.3%
Q2 24
19.0%
Q1 24
0.8%
EPS (diluted)
NVMI
NVMI
RPRX
RPRX
Q4 25
$0.49
Q3 25
$0.67
Q2 25
$0.07
Q1 25
$0.55
Q4 24
$0.46
Q3 24
$1.21
Q2 24
$0.23
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
NVMI
NVMI
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$348.4M
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$1.1B
$9.7B
Total Assets
$1.5B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVMI
NVMI
RPRX
RPRX
Q4 25
$618.7M
Q3 25
$938.9M
Q2 25
$348.4M
$631.9M
Q1 25
$1.1B
Q4 24
$929.0M
Q3 24
$950.1M
Q2 24
$1.8B
Q1 24
$843.0M
Total Debt
NVMI
NVMI
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
NVMI
NVMI
RPRX
RPRX
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$1.1B
$9.5B
Q1 25
$9.8B
Q4 24
$10.3B
Q3 24
$10.3B
Q2 24
$9.8B
Q1 24
$9.9B
Total Assets
NVMI
NVMI
RPRX
RPRX
Q4 25
$19.6B
Q3 25
$19.3B
Q2 25
$1.5B
$18.3B
Q1 25
$17.6B
Q4 24
$18.2B
Q3 24
$18.0B
Q2 24
$17.7B
Q1 24
$16.1B
Debt / Equity
NVMI
NVMI
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

Cash Flow & Capital Efficiency

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

Metric
NVMI
NVMI
RPRX
RPRX
Operating Cash FlowLast quarter
$114.2M
$827.1M
Free Cash FlowOCF − Capex
$102.6M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
0.86×
3.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVMI
NVMI
RPRX
RPRX
Q4 25
$827.1M
Q3 25
$702.6M
Q2 25
$114.2M
$364.0M
Q1 25
$596.1M
Q4 24
$742.5M
Q3 24
$703.6M
Q2 24
$658.2M
Q1 24
$664.6M
Free Cash Flow
NVMI
NVMI
RPRX
RPRX
Q4 25
Q3 25
Q2 25
$102.6M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
NVMI
NVMI
RPRX
RPRX
Q4 25
Q3 25
Q2 25
23.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
NVMI
NVMI
RPRX
RPRX
Q4 25
Q3 25
Q2 25
2.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
NVMI
NVMI
RPRX
RPRX
Q4 25
3.86×
Q3 25
2.44×
Q2 25
0.86×
12.06×
Q1 25
2.50×
Q4 24
3.57×
Q3 24
1.29×
Q2 24
6.45×
Q1 24
139.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVMI
NVMI

Products$351.8M81%
Services$81.6M19%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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