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Novartis AG (NVS)
NYSE: NVS · Real-Time Price · USD
149.73
-2.35 (-1.55%)
At close: Apr 16, 2026, 4:00 PM EDT
151.28
+1.55 (1.04%)
After-hours: Apr 16, 2026, 5:53 PM EDT

Novartis AG Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Period Ending
Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21 Jun '21 Mar '21
Revenue
13,86014,35814,83613,62013,55813,17212,87212,12011,77612,09211,74511,04710,96610,78313,08512,81413,52213,36713,29412,694
Revenue Growth (YoY)
2.23%9.00%15.26%12.38%15.13%8.93%9.60%9.71%7.39%12.14%-10.24%-13.79%-18.90%-19.33%-1.57%0.95%3.78%6.61%14.39%-0.11%
Cost of Revenue
3,6113,5393,3223,2273,3243,2343,1733,0963,0223,1173,3422,9913,0412,8743,7513,8563,9763,9383,9144,039
Gross Profit
10,24910,81911,51410,39310,2349,9389,6999,0248,7548,9758,4038,0567,9257,9099,3348,9589,5469,4299,3808,655
Selling, General & Admin
3,4403,3083,4423,0583,5013,1343,0912,8403,4443,0913,0912,8913,1832,9363,5813,5123,9853,6183,7543,529
Research & Development
3,1632,9442,7272,3662,8422,3922,3672,4212,5673,9252,3042,5752,2162,5422,4982,3202,4092,3802,4002,351
Other Operating Expenses
3066481306361785227390161197201-287716051,027274590198-253360
Total Operating Expenses
6,6336,3186,6505,7306,7046,3115,6855,6516,1727,2135,5965,4386,1706,0837,1066,1066,9846,1965,9016,240
Operating Income
3,6164,5014,8644,6633,5303,6274,0143,3732,5821,7622,8072,6181,7551,8262,2282,8522,5623,2333,4792,415
Interest Income
-2-4-3-3-3-4-2-29-6-3-2-2-3-5--214,621223239256
Interest Expense
-304-281-289-270-275-264-246-221-217-222-216-200-207-206-202-201-206-202-201-202
Other Non-Operating Income (Expense)
-92-20-4117332675618158510424-281620-26-24-11-19
Total Non-Operating Income (Expense)
-398-305-333-256-245-242-173-244-205-210-133-98-186-239-186-18314,389-32735
Pretax Income
3,2184,1964,5314,4073,2853,3853,8413,1292,3771,5522,6742,5201,5691,5872,0422,66916,9513,2303,5062,450
Provision for Income Taxes
814266507798465200595441-26139403370254257347450645472611391
Net Income
2,4093,9284,0413,6062,8183,1893,2462,6888,4801,7612,3162,2931,4661,5731,6942,22216,3082,7582,8962,059
Minority Interest in Earnings
-52-1732-4000211021-3-20-10
Earnings From Discontinued Operations
--------11,68425046144302245------
Net Income to Common
2,4093,9284,0413,6062,8183,1893,2462,6888,4801,7612,3162,2931,4661,5731,6942,22216,3082,7582,8962,059
Net Income Growth
-14.51%23.17%24.49%34.15%-66.77%81.09%40.16%17.23%478.44%11.95%36.72%3.19%-91.01%-42.97%-41.51%7.92%678.80%42.53%55.12%-5.38%
Shares Outstanding (Basic)
1,9131,9261,9481,9681,9872,0122,0332,0442,0502,0622,0832,1102,1352,1672,1982,2252,2372,2372,2432,252
Shares Outstanding (Diluted)
1,9291,9401,9601,9792,0042,0272,0462,0562,0652,0752,0952,1202,1502,1802,2112,2372,2532,2542,2582,265
Shares Change (YoY)
-3.74%-4.29%-4.20%-3.74%-2.95%-2.31%-2.34%-3.02%-3.95%-4.82%-5.25%-5.23%-4.57%-3.28%-2.08%-1.24%-1.27%-2.08%-2.00%-1.18%
EPS (Basic)
1.262.042.071.831.421.581.601.314.140.851.111.090.690.730.771.007.291.231.290.91
EPS (Diluted)
1.252.022.061.821.411.571.591.314.110.851.111.080.680.720.770.997.241.221.280.91
EPS Growth
-11.35%28.66%29.56%38.93%-65.69%84.71%43.24%21.30%504.41%18.06%44.16%9.09%-90.61%-40.98%-39.84%8.79%686.96%45.24%58.03%-4.21%
Shares Outstanding
1,9081,9191,9361,9591,9751,9992,0252,0402,0442,0552,0682,0972,1202,1512,1832,2132,2352,2372,2372,245
Free Cash Flow
1,6556,2176,3333,3913,6355,9654,6152,0382,1415,1173,3512,7203,8054,5003,4981,3923,4244,5743,8111,884
Free Cash Flow Growth
-54.47%4.23%37.23%66.39%69.78%16.57%37.72%-25.07%-43.73%13.71%-4.20%95.40%11.13%-1.62%-8.21%-26.11%-1.72%58.98%2.36%-17.77%
Free Cash Flow Per Share
0.863.203.231.711.812.942.260.991.042.471.601.281.772.061.580.621.522.031.690.83
Dividends Per Share
4.666---3.862---3.919---3.461---3.401---
Dividend Growth
20.81%----1.44%---13.24%---1.77%---0.29%---
Gross Margin
73.95%75.35%77.61%76.31%75.48%75.45%75.35%74.46%74.34%74.22%71.55%72.92%72.27%73.35%71.33%69.91%70.60%70.54%70.56%68.18%
Operating Margin
26.09%31.35%32.79%34.24%26.04%27.54%31.18%27.83%21.93%14.57%23.90%23.70%16.00%16.93%17.03%22.26%18.95%24.19%26.17%19.02%
Profit Margin
17.34%27.37%27.12%26.50%20.80%24.18%25.22%22.18%22.40%12.51%19.34%19.46%11.99%12.33%12.95%17.32%120.59%20.63%21.78%16.22%
FCF Margin
11.94%43.30%42.69%24.90%26.81%45.29%35.85%16.82%18.18%42.32%28.53%24.62%34.70%41.73%26.73%10.86%25.32%34.22%28.67%14.84%
EBITDA
5,1525,7936,1164,6635,1905,5995,1543,3734,2071,7624,5444,6611,7553,8312,2284,3594,0934,6783,4794,011
EBITDA Margin
37.17%40.35%41.22%34.24%38.28%42.51%40.04%27.83%35.73%14.57%38.69%42.19%16.00%35.53%17.03%34.02%30.27%35.00%26.17%31.60%
EBIT
3,6164,5014,8644,6633,5303,6274,0143,3732,5821,7622,8072,6181,7551,8262,2282,8522,5623,2333,4792,415
EBIT Margin
26.09%31.35%32.79%34.24%26.04%27.54%31.18%27.83%21.93%14.57%23.90%23.70%16.00%16.93%17.03%22.26%18.95%24.19%26.17%19.02%
Effective Tax Rate
25.30%6.34%11.19%18.11%14.16%5.91%15.49%14.09%-10.98%2.51%15.07%14.68%16.19%16.19%16.99%16.86%3.81%14.61%17.43%15.96%
Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q