Novartis Ag (NVS) Capital Expenditures (2009 - 2026)

Novartis Ag's (NVS) quarterly Capital Expenditures came in at -$346.0 million in Q1 2026, down 36.22% year-on-year from -$542.5 million in Q1 2025, and up 43.19% quarter-over-quarter from -$609.0 million in Q4 2025.

Novartis Ag (NVS) Capital Expenditures (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Capital Expenditures across 16 years of filings, most recently posting -$346.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at -$346.0 million, down 36.22% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.6 billion (down 17.73% YoY), and the FY2025 annual result was $1.5 billion, up 13.32% from the prior year.
  • Capital Expenditures came in at -$346.0 million for Q1 2026 at Novartis Ag, up from -$609.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of -$168.0 million in Q1 2023 to a low of -$609.0 million in Q4 2025.
  • The 5-year median for Capital Expenditures is -$261.0 million (2023), against an average of -$315.4 million.
  • Across the five-year window, Capital Expenditures soared 37.04% in 2022 and plunged 37.44% in 2024, its largest moves.
  • Novartis Ag's Capital Expenditures stood at -$306.0 million in 2022, then plunged by 32.68% to -$406.0 million in 2023, then slumped by 37.44% to -$558.0 million in 2024, then slipped by 9.14% to -$609.0 million in 2025, then soared by 43.19% to -$346.0 million in 2026.
  • The last three Capital Expenditures figures came in at -$346.0 million (Q1 2026), -$609.0 million (Q4 2025), and -$354.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -297.95 Mn
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 2.33 Bn
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 1.05 Bn
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 265.00 Mn
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn 991.00 Mn
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 712.00 Mn
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 117.00 Mn
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 436.00 Mn
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 347.00 Mn
10 Novartis Ag 108.28 Bn 107.60 Bn - -346.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -346.00 Mn
Mar 31, 2026 -346.00 Mn
Dec 31, 2025 -609.00 Mn
Dec 31, 2025 -609.00 Mn
Sep 30, 2025 -354.00 Mn
Sep 30, 2025 -354.00 Mn
Jun 30, 2025 -331.00 Mn
Jun 30, 2025 -331.00 Mn
Mar 31, 2025 -254.00 Mn
Mar 31, 2025 -254.00 Mn
Dec 31, 2024 -558.00 Mn
Dec 31, 2024 -558.00 Mn
Sep 30, 2024 -321.00 Mn
Sep 30, 2024 -321.00 Mn
Jun 30, 2024 -260.00 Mn
Jun 30, 2024 -260.00 Mn
Mar 31, 2024 -227.00 Mn
Mar 31, 2024 -227.00 Mn
Dec 31, 2023 -406.00 Mn
Dec 31, 2023 -406.00 Mn