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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 54,811.25 51,722.00 46,660.00 43,461.00 43,974.00 49,898.00 48,677.00 46,099.00 43,404.00 49,436.00 50,387.00 53,634.00 52,716.00 51,971.00 59,375.00 51,561.00 45,103.00 42,584.00 38,947.00 35,105.00
Cost of revenue 13,689.75 12,827.00 12,472.00 11,582.00 11,735.00 15,121.00 14,425.00 14,510.00 13,633.00 17,520.00 17,404.00 17,345.00 16,579.00 15,866.00 18,983.00 14,488.00 12,179.00 11,439.00 11,032.00 9,411.00
Gross profit 41,121.51 38,895.00 34,188.00 31,879.00 32,239.00 34,777.00 34,252.00 31,589.00 29,771.00 31,916.00 32,983.00 36,289.00 36,137.00 36,105.00 40,392.00 37,073.00 32,924.00 31,145.00 27,915.00 25,694.00
Total operating expenses + 24,047.52 24,351.00 24,419.00 23,933.00 22,183.00 24,625.00 25,166.00 23,186.00 21,069.00 23,648.00 24,006.00 25,200.00 25,154.00 24,598.00 29,612.00 25,547.00 22,942.00 22,181.00 21,134.00 18,052.00
Operating income 17,073.99 14,544.00 9,769.00 7,946.00 10,056.00 10,152.00 9,086.00 8,403.00 8,702.00 8,268.00 8,977.00 11,089.00 10,983.00 11,507.00 10,780.00 11,526.00 9,982.00 8,964.00 6,781.00 7,642.00
Non-operating income (net) -638.25 -904.00 -646.00 -769.00 14,474.00 -274.00 -146.00 5,692.00 400.00 -451.00 -843.00 1,183.00 -176.00 -271.00 -225.00 176.00 -60.00 535.00 706.00 352.00
Income before tax 16,435.74 13,640.00 9,123.00 7,177.00 24,530.00 9,878.00 8,940.00 14,095.00 9,102.00 7,817.00 8,134.00 12,272.00 10,807.00 11,236.00 10,555.00 11,702.00 9,922.00 9,499.00 7,487.00 7,994.00
Income tax expense 2,397.21 1,701.00 551.00 1,128.00 1,625.00 1,807.00 1,793.00 1,295.00 1,603.00 1,119.00 1,106.00 1,545.00 1,498.00 1,706.00 1,483.00 1,733.00 1,468.00 1,336.00 947.00 1,169.00
Net income 14,055.61 11,941.00 14,850.00 6,955.00 24,021.00 8,072.00 11,732.00 12,611.00 7,703.00 6,712.00 17,783.00 10,210.00 9,175.00 9,270.00 8,940.00 9,794.00 8,400.00 8,195.00 11,946.00 7,175.00
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 13,524.00 13,334.99 14,358.00 14,836.00 13,620.00 13,558.00 13,172.00 12,872.00 12,120.00 11,776.00 12,092.00 11,745.00 11,047.00 13,087.00 10,783.00 13,085.00 12,814.00 13,522.00 13,367.00 13,294.00 12,694.00 13,030.00 12,538.00 11,622.00 12,708.00 12,716.00 12,482.00 12,024.00 11,455.00 13,664.00 11,386.00 11,653.00 11,163.00 13,164.00 12,692.00 12,494.00 11,785.00 12,606.00 12,341.00 12,679.00 11,810.00 12,804.00 12,485.00 12,896.00 12,202.00 13,354.00 13,300.00 13,949.00 13,031.00 15,363.00 12,906.00 13,280.00 14,206.00 15,068.00 14,039.00 14,541.00 13,913.00 14,996.00 15,034.00 15,123.00 14,222.00 14,464.00 12,820.00 11,921.00 12,356.00 13,145.00 11,290.00 10,742.00 9,926.00 10,348.00 11,030.00 10,990.00 10,216.00 10,171.00 9,818.00 9,400.00 9,374.00 9,319.00 9,024.00 8,508.00 8,150.00
Cost of revenue 3,459.00 3,541.73 3,539.00 3,322.00 3,227.00 3,324.00 3,234.00 3,173.00 3,096.00 3,022.00 3,117.00 3,342.00 2,991.00 4,073.00 2,874.00 3,751.00 3,856.00 3,976.00 3,938.00 3,914.00 4,039.00 4,217.00 3,753.00 3,429.00 3,722.00 3,992.00 3,776.00 3,406.00 3,251.00 4,926.00 3,463.00 3,558.00 3,451.00 4,489.00 4,323.00 4,258.00 4,105.00 4,489.00 4,368.00 4,451.00 4,212.00 4,549.00 4,388.00 4,487.00 3,980.00 4,416.00 4,421.00 4,378.00 4,130.00 5,312.00 4,126.00 4,087.00 4,606.00 5,087.00 4,575.00 4,610.00 4,484.00 5,118.00 4,788.00 4,619.00 4,458.00 4,524.00 3,662.00 3,206.00 3,096.00 3,667.00 3,103.00 2,824.00 2,808.00 2,834.00 3,021.00 2,936.00 2,648.00 3,013.00 3,034.00 2,497.00 2,488.00 2,514.00 2,529.00 2,225.00 2,182.00
Gross profit 10,065.00 9,793.26 10,819.00 11,514.00 10,393.00 10,234.00 9,938.00 9,699.00 9,024.00 8,754.00 8,975.00 8,403.00 8,056.00 9,014.00 7,909.00 9,334.00 8,958.00 9,546.00 9,429.00 9,380.00 8,655.00 8,813.00 8,785.00 8,193.00 8,986.00 8,724.00 8,706.00 8,618.00 8,204.00 8,738.00 7,923.00 8,095.00 7,712.00 8,675.00 8,369.00 8,236.00 7,680.00 8,117.00 7,973.00 8,228.00 7,598.00 8,255.00 8,097.00 8,409.00 8,222.00 8,938.00 8,879.00 9,571.00 8,901.00 10,051.00 8,780.00 9,193.00 9,600.00 9,981.00 9,464.00 9,931.00 9,429.00 9,878.00 10,246.00 10,504.00 9,764.00 9,940.00 9,158.00 8,715.00 9,260.00 9,478.00 8,187.00 7,918.00 7,118.00 7,514.00 8,009.00 8,054.00 7,568.00 7,158.00 6,784.00 6,903.00 6,886.00 6,805.00 6,495.00 6,283.00 5,968.00
Total operating expenses + 5,830.00 6,272.52 6,318.00 6,650.00 5,730.00 6,704.00 6,311.00 5,685.00 5,651.00 6,172.00 7,213.00 5,596.00 5,438.00 7,065.00 6,083.00 7,106.00 6,106.00 6,984.00 6,196.00 5,901.00 6,240.00 6,169.00 6,373.00 5,841.00 6,242.00 6,901.00 6,348.00 5,955.00 5,962.00 7,439.00 5,684.00 5,664.00 5,341.00 6,605.00 6,012.00 5,956.00 5,758.00 6,662.00 5,704.00 6,135.00 5,147.00 6,578.00 5,863.00 6,128.00 5,437.00 6,587.00 6,140.00 6,387.00 6,086.00 7,678.00 6,222.00 6,160.00 6,704.00 7,500.00 6,516.00 6,823.00 6,693.00 8,561.00 7,295.00 7,182.00 6,356.00 7,473.00 6,571.00 5,754.00 5,749.00 6,841.00 5,553.00 5,554.00 4,771.00 5,834.00 5,674.00 5,593.00 5,080.00 6,851.00 4,742.00 4,674.00 4,551.00 5,206.00 4,516.00 4,055.00 3,910.00
Operating income 4,235.00 3,520.73 4,501.00 4,864.00 4,663.00 3,530.00 3,627.00 4,014.00 3,373.00 2,582.00 1,762.00 2,807.00 2,618.00 1,949.00 1,826.00 2,228.00 2,852.00 2,562.00 3,233.00 3,479.00 2,415.00 2,644.00 2,412.00 2,352.00 2,744.00 1,823.00 2,358.00 2,663.00 2,242.00 1,299.00 2,239.00 2,431.00 2,371.00 2,070.00 2,357.00 2,280.00 1,922.00 1,455.00 2,269.00 2,093.00 2,451.00 1,677.00 2,234.00 2,281.00 2,785.00 2,351.00 2,739.00 3,184.00 2,815.00 2,373.00 2,558.00 3,033.00 2,896.00 2,481.00 2,948.00 3,108.00 2,736.00 1,317.00 2,951.00 3,322.00 3,408.00 2,467.00 2,587.00 2,961.00 3,511.00 2,637.00 2,634.00 2,364.00 2,347.00 1,680.00 2,335.00 2,461.00 2,488.00 307.00 2,042.00 2,229.00 2,335.00 1,599.00 1,979.00 2,228.00 2,058.00
Non-operating income (net) -396.00 -302.98 -305.00 -333.00 -256.00 -245.00 -242.00 -173.00 -244.00 -205.00 -210.00 -133.00 -98.00 -208.00 -239.00 -186.00 -183.00 14,389.00 -3.00 27.00 35.00 -85.00 -2.00 -64.00 -123.00 -64.00 49.00 -29.00 -102.00 -35.00 12.00 5,740.00 -31.00 231.00 79.00 35.00 25.00 -377.00 5.00 20.00 -99.00 -546.00 -65.00 -125.00 -107.00 405.00 793.00 -37.00 22.00 -51.00 -70.00 1.00 -57.00 -51.00 -167.00 27.00 -77.00 -56.00 -43.00 -76.00 -50.00 -47.00 207.00 -3.00 19.00 55.00 -143.00 79.00 -51.00 79.00 85.00 143.00 228.00 878.00 -468.00 -4.00 131.00 109.00 84.00 -259.00 154.00
Income before tax 3,839.00 3,217.76 4,196.00 4,531.00 4,407.00 3,285.00 3,385.00 3,841.00 3,129.00 2,377.00 1,552.00 2,674.00 2,520.00 1,741.00 1,587.00 2,042.00 2,669.00 16,951.00 3,230.00 3,506.00 2,450.00 2,559.00 2,410.00 2,288.00 2,621.00 1,759.00 2,407.00 2,634.00 2,140.00 1,264.00 2,251.00 8,171.00 2,340.00 2,301.00 2,436.00 2,315.00 1,947.00 1,078.00 2,274.00 2,113.00 2,352.00 1,131.00 2,169.00 2,156.00 2,678.00 2,756.00 3,532.00 3,147.00 2,837.00 2,322.00 2,488.00 3,034.00 2,839.00 2,430.00 2,781.00 3,135.00 2,659.00 1,261.00 2,908.00 3,246.00 3,358.00 2,420.00 2,794.00 2,958.00 3,530.00 2,692.00 2,491.00 2,443.00 2,296.00 1,759.00 2,420.00 2,604.00 2,716.00 1,185.00 1,574.00 2,225.00 2,466.00 1,708.00 2,063.00 1,969.00 2,212.00
Income tax expense 683.00 813.94 266.00 507.00 798.00 465.00 200.00 595.00 441.00 -261.00 39.00 403.00 370.00 275.00 257.00 347.00 450.00 645.00 472.00 611.00 391.00 460.00 478.00 421.00 448.00 630.00 366.00 525.00 272.00 70.00 369.00 443.00 370.00 325.00 353.00 336.00 282.00 142.00 329.00 307.00 341.00 77.00 357.00 300.00 372.00 308.00 430.00 424.00 383.00 264.00 329.00 447.00 417.00 348.00 364.00 460.00 390.00 51.00 420.00 520.00 537.00 155.00 475.00 521.00 582.00 369.00 379.00 399.00 321.00 252.00 338.00 338.00 408.00 254.00 37.00 282.00 374.00 228.00 271.00 317.00 373.00
Net income 3,156.00 2,408.82 3,928.00 4,041.00 3,606.00 2,818.00 3,189.00 3,246.00 2,688.00 8,480.00 1,761.00 2,316.00 2,293.00 1,466.00 1,573.00 1,694.00 2,222.00 16,308.00 2,758.00 2,896.00 2,059.00 2,094.00 1,935.00 1,867.00 2,176.00 1,125.00 2,042.00 6,799.00 1,766.00 1,195.00 1,623.00 7,768.00 2,025.00 1,976.00 2,081.00 1,980.00 1,666.00 957.00 1,940.00 1,804.00 2,011.00 1,054.00 1,888.00 1,836.00 13,005.00 1,491.00 3,223.00 2,555.00 2,941.00 2,029.00 2,232.00 2,516.00 2,398.00 2,045.00 2,390.00 2,648.00 2,247.00 1,175.00 2,464.00 2,704.00 2,770.00 2,169.00 2,275.00 2,417.00 2,933.00 2,305.00 2,098.00 2,035.00 1,962.00 1,539.00 2,090.00 2,249.00 2,317.00 904.00 6,865.00 2,008.00 2,169.00 1,654.00 1,867.00 1,707.00 1,947.00
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