Income Statement - NOVARTIS AG (NVS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 54.81 | 51.72 | 46.66 | 43.46 | 43.97 | 49.90 | 48.68 | 46.10 | 43.40 | 49.44 | 50.39 | 53.63 | 52.72 | 51.97 | 59.38 | 51.56 | 45.10 | 42.58 | 38.95 | 35.11 |
| Cost of revenue | 13.69 | 12.83 | 12.47 | 11.58 | 11.74 | 15.12 | 14.43 | 14.51 | 13.63 | 17.52 | 17.40 | 17.35 | 16.58 | 15.87 | 18.98 | 14.49 | 12.18 | 11.44 | 11.03 | 9.41 |
| Gross profit | 41.12 | 38.90 | 34.19 | 31.88 | 32.24 | 34.78 | 34.25 | 31.59 | 29.77 | 31.92 | 32.98 | 36.29 | 36.14 | 36.11 | 40.39 | 37.07 | 32.92 | 31.15 | 27.92 | 25.69 |
| Total operating expenses | 24.05 | 24.35 | 24.42 | 23.93 | 22.18 | 24.63 | 25.17 | 23.19 | 21.07 | 23.65 | 24.01 | 25.20 | 25.15 | 24.60 | 29.61 | 25.55 | 22.94 | 22.18 | 21.13 | 18.05 |
| Operating income | 17.07 | 14.54 | 9.77 | 7.95 | 10.06 | 10.15 | 9.09 | 8.40 | 8.70 | 8.27 | 8.98 | 11.09 | 10.98 | 11.51 | 10.78 | 11.53 | 9.98 | 8.96 | 6.78 | 7.64 |
| Non-operating income (net) | -0.64 | -0.90 | -0.65 | -0.77 | 14.47 | -0.27 | -0.15 | 5.69 | 0.40 | -0.45 | -0.84 | 1.18 | -0.18 | -0.27 | -0.23 | 0.18 | -0.06 | 0.54 | 0.71 | 0.35 |
| Income before tax | 16.44 | 13.64 | 9.12 | 7.18 | 24.53 | 9.88 | 8.94 | 14.10 | 9.10 | 7.82 | 8.13 | 12.27 | 10.81 | 11.24 | 10.56 | 11.70 | 9.92 | 9.50 | 7.49 | 7.99 |
| Income tax expense | 2.40 | 1.70 | 0.55 | 1.13 | 1.63 | 1.81 | 1.79 | 1.30 | 1.60 | 1.12 | 1.11 | 1.55 | 1.50 | 1.71 | 1.48 | 1.73 | 1.47 | 1.34 | 0.95 | 1.17 |
| Net income | 14.06 | 11.94 | 14.85 | 6.96 | 24.02 | 8.07 | 11.73 | 12.61 | 7.70 | 6.71 | 17.78 | 10.21 | 9.18 | 9.27 | 8.94 | 9.79 | 8.40 | 8.20 | 11.95 | 7.18 |
Show Quarterly Income Statement
Income Statement - NOVARTIS AG (NVS)
$(Billion, Million)| Mar-26 | 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 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 13.52 | 13.33 | 14.36 | 14.84 | 13.62 | 13.56 | 13.17 | 12.87 | 12.12 | 11.78 | 12.09 | 11.75 | 11.05 | 13.09 | 10.78 | 13.09 | 12.81 | 13.52 | 13.37 | 13.29 | 12.69 | 13.03 | 12.54 | 11.62 | 12.71 | 12.72 | 12.48 | 12.02 | 11.46 | 13.66 | 11.39 | 11.65 | 11.16 | 13.16 | 12.69 | 12.49 | 11.79 | 12.61 | 12.34 | 12.68 | 11.81 | 12.80 | 12.49 | 12.90 | 12.20 | 13.35 | 13.30 | 13.95 | 13.03 | 15.36 | 12.91 | 13.28 | 14.21 | 15.07 | 14.04 | 14.54 | 13.91 | 15.00 | 15.03 | 15.12 | 14.22 | 14.46 | 12.82 | 11.92 | 12.36 | 13.15 | 11.29 | 10.74 | 9.93 | 10.35 | 11.03 | 10.99 | 10.22 | 10.17 | 9.82 | 9.40 | 9.37 | 9.32 | 9.02 | 8.51 | 8.15 |
| Cost of revenue | 3.46 | 3.54 | 3.54 | 3.32 | 3.23 | 3.32 | 3.23 | 3.17 | 3.10 | 3.02 | 3.12 | 3.34 | 2.99 | 4.07 | 2.87 | 3.75 | 3.86 | 3.98 | 3.94 | 3.91 | 4.04 | 4.22 | 3.75 | 3.43 | 3.72 | 3.99 | 3.78 | 3.41 | 3.25 | 4.93 | 3.46 | 3.56 | 3.45 | 4.49 | 4.32 | 4.26 | 4.11 | 4.49 | 4.37 | 4.45 | 4.21 | 4.55 | 4.39 | 4.49 | 3.98 | 4.42 | 4.42 | 4.38 | 4.13 | 5.31 | 4.13 | 4.09 | 4.61 | 5.09 | 4.58 | 4.61 | 4.48 | 5.12 | 4.79 | 4.62 | 4.46 | 4.52 | 3.66 | 3.21 | 3.10 | 3.67 | 3.10 | 2.82 | 2.81 | 2.83 | 3.02 | 2.94 | 2.65 | 3.01 | 3.03 | 2.50 | 2.49 | 2.51 | 2.53 | 2.23 | 2.18 |
| Gross profit | 10.07 | 9.79 | 10.82 | 11.51 | 10.39 | 10.23 | 9.94 | 9.70 | 9.02 | 8.75 | 8.98 | 8.40 | 8.06 | 9.01 | 7.91 | 9.33 | 8.96 | 9.55 | 9.43 | 9.38 | 8.66 | 8.81 | 8.79 | 8.19 | 8.99 | 8.72 | 8.71 | 8.62 | 8.20 | 8.74 | 7.92 | 8.10 | 7.71 | 8.68 | 8.37 | 8.24 | 7.68 | 8.12 | 7.97 | 8.23 | 7.60 | 8.26 | 8.10 | 8.41 | 8.22 | 8.94 | 8.88 | 9.57 | 8.90 | 10.05 | 8.78 | 9.19 | 9.60 | 9.98 | 9.46 | 9.93 | 9.43 | 9.88 | 10.25 | 10.50 | 9.76 | 9.94 | 9.16 | 8.72 | 9.26 | 9.48 | 8.19 | 7.92 | 7.12 | 7.51 | 8.01 | 8.05 | 7.57 | 7.16 | 6.78 | 6.90 | 6.89 | 6.81 | 6.50 | 6.28 | 5.97 |
| Total operating expenses | 5.83 | 6.27 | 6.32 | 6.65 | 5.73 | 6.70 | 6.31 | 5.69 | 5.65 | 6.17 | 7.21 | 5.60 | 5.44 | 7.07 | 6.08 | 7.11 | 6.11 | 6.98 | 6.20 | 5.90 | 6.24 | 6.17 | 6.37 | 5.84 | 6.24 | 6.90 | 6.35 | 5.96 | 5.96 | 7.44 | 5.68 | 5.66 | 5.34 | 6.61 | 6.01 | 5.96 | 5.76 | 6.66 | 5.70 | 6.14 | 5.15 | 6.58 | 5.86 | 6.13 | 5.44 | 6.59 | 6.14 | 6.39 | 6.09 | 7.68 | 6.22 | 6.16 | 6.70 | 7.50 | 6.52 | 6.82 | 6.69 | 8.56 | 7.30 | 7.18 | 6.36 | 7.47 | 6.57 | 5.75 | 5.75 | 6.84 | 5.55 | 5.55 | 4.77 | 5.83 | 5.67 | 5.59 | 5.08 | 6.85 | 4.74 | 4.67 | 4.55 | 5.21 | 4.52 | 4.06 | 3.91 |
| Operating income | 4.24 | 3.52 | 4.50 | 4.86 | 4.66 | 3.53 | 3.63 | 4.01 | 3.37 | 2.58 | 1.76 | 2.81 | 2.62 | 1.95 | 1.83 | 2.23 | 2.85 | 2.56 | 3.23 | 3.48 | 2.42 | 2.64 | 2.41 | 2.35 | 2.74 | 1.82 | 2.36 | 2.66 | 2.24 | 1.30 | 2.24 | 2.43 | 2.37 | 2.07 | 2.36 | 2.28 | 1.92 | 1.46 | 2.27 | 2.09 | 2.45 | 1.68 | 2.23 | 2.28 | 2.79 | 2.35 | 2.74 | 3.18 | 2.82 | 2.37 | 2.56 | 3.03 | 2.90 | 2.48 | 2.95 | 3.11 | 2.74 | 1.32 | 2.95 | 3.32 | 3.41 | 2.47 | 2.59 | 2.96 | 3.51 | 2.64 | 2.63 | 2.36 | 2.35 | 1.68 | 2.34 | 2.46 | 2.49 | 0.31 | 2.04 | 2.23 | 2.34 | 1.60 | 1.98 | 2.23 | 2.06 |
| Non-operating income (net) | -0.40 | -0.30 | -0.31 | -0.33 | -0.26 | -0.25 | -0.24 | -0.17 | -0.24 | -0.21 | -0.21 | -0.13 | -0.10 | -0.21 | -0.24 | -0.19 | -0.18 | 14.39 | 0.00 | 0.03 | 0.04 | -0.09 | 0.00 | -0.06 | -0.12 | -0.06 | 0.05 | -0.03 | -0.10 | -0.04 | 0.01 | 5.74 | -0.03 | 0.23 | 0.08 | 0.04 | 0.03 | -0.38 | 0.01 | 0.02 | -0.10 | -0.55 | -0.07 | -0.13 | -0.11 | 0.41 | 0.79 | -0.04 | 0.02 | -0.05 | -0.07 | 0.00 | -0.06 | -0.05 | -0.17 | 0.03 | -0.08 | -0.06 | -0.04 | -0.08 | -0.05 | -0.05 | 0.21 | 0.00 | 0.02 | 0.06 | -0.14 | 0.08 | -0.05 | 0.08 | 0.09 | 0.14 | 0.23 | 0.88 | -0.47 | 0.00 | 0.13 | 0.11 | 0.08 | -0.26 | 0.15 |
| Income before tax | 3.84 | 3.22 | 4.20 | 4.53 | 4.41 | 3.29 | 3.39 | 3.84 | 3.13 | 2.38 | 1.55 | 2.67 | 2.52 | 1.74 | 1.59 | 2.04 | 2.67 | 16.95 | 3.23 | 3.51 | 2.45 | 2.56 | 2.41 | 2.29 | 2.62 | 1.76 | 2.41 | 2.63 | 2.14 | 1.26 | 2.25 | 8.17 | 2.34 | 2.30 | 2.44 | 2.32 | 1.95 | 1.08 | 2.27 | 2.11 | 2.35 | 1.13 | 2.17 | 2.16 | 2.68 | 2.76 | 3.53 | 3.15 | 2.84 | 2.32 | 2.49 | 3.03 | 2.84 | 2.43 | 2.78 | 3.14 | 2.66 | 1.26 | 2.91 | 3.25 | 3.36 | 2.42 | 2.79 | 2.96 | 3.53 | 2.69 | 2.49 | 2.44 | 2.30 | 1.76 | 2.42 | 2.60 | 2.72 | 1.19 | 1.57 | 2.23 | 2.47 | 1.71 | 2.06 | 1.97 | 2.21 |
| Income tax expense | 0.68 | 0.81 | 0.27 | 0.51 | 0.80 | 0.47 | 0.20 | 0.60 | 0.44 | -0.26 | 0.04 | 0.40 | 0.37 | 0.28 | 0.26 | 0.35 | 0.45 | 0.65 | 0.47 | 0.61 | 0.39 | 0.46 | 0.48 | 0.42 | 0.45 | 0.63 | 0.37 | 0.53 | 0.27 | 0.07 | 0.37 | 0.44 | 0.37 | 0.33 | 0.35 | 0.34 | 0.28 | 0.14 | 0.33 | 0.31 | 0.34 | 0.08 | 0.36 | 0.30 | 0.37 | 0.31 | 0.43 | 0.42 | 0.38 | 0.26 | 0.33 | 0.45 | 0.42 | 0.35 | 0.36 | 0.46 | 0.39 | 0.05 | 0.42 | 0.52 | 0.54 | 0.16 | 0.48 | 0.52 | 0.58 | 0.37 | 0.38 | 0.40 | 0.32 | 0.25 | 0.34 | 0.34 | 0.41 | 0.25 | 0.04 | 0.28 | 0.37 | 0.23 | 0.27 | 0.32 | 0.37 |
| Net income | 3.16 | 2.41 | 3.93 | 4.04 | 3.61 | 2.82 | 3.19 | 3.25 | 2.69 | 8.48 | 1.76 | 2.32 | 2.29 | 1.47 | 1.57 | 1.69 | 2.22 | 16.31 | 2.76 | 2.90 | 2.06 | 2.09 | 1.94 | 1.87 | 2.18 | 1.13 | 2.04 | 6.80 | 1.77 | 1.20 | 1.62 | 7.77 | 2.03 | 1.98 | 2.08 | 1.98 | 1.67 | 0.96 | 1.94 | 1.80 | 2.01 | 1.05 | 1.89 | 1.84 | 13.01 | 1.49 | 3.22 | 2.56 | 2.94 | 2.03 | 2.23 | 2.52 | 2.40 | 2.05 | 2.39 | 2.65 | 2.25 | 1.18 | 2.46 | 2.70 | 2.77 | 2.17 | 2.28 | 2.42 | 2.93 | 2.31 | 2.10 | 2.04 | 1.96 | 1.54 | 2.09 | 2.25 | 2.32 | 0.90 | 6.87 | 2.01 | 2.17 | 1.65 | 1.87 | 1.71 | 1.95 |