Novartis Ag (NVS) Capital Expenditures (2009 - 2026)
Novartis Ag's (NVS) quarterly Capital Expenditures came in at -$321.0 million in Q2 2026, up 3.02% year-over-year from -$311.6 million in Q2 2025, and up 7.23% quarter-over-quarter from -$346.0 million in Q1 2026.
Analysis
Novartis Ag (NVS) Capital Expenditures (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Capital Expenditures across 18 years of filings, most recently posting -$321.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 3.02% year-over-year to -$321.0 million; the TTM figure through Jun 2026 stood at -$1.6 billion (down 11.34% YoY), while the FY2025 annual figure was -$1.5 billion, down 13.32% from the prior year.
- Capital Expenditures came in at -$321.0 million for Q2 2026 at Novartis Ag, up from -$346.0 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.
- Average Capital Expenditures over 5 years is -$315.7 million, with a median of -$283.5 million recorded in 2022.
- Year-over-year, Capital Expenditures jumped 37.04% in 2022 and tumbled 37.44% in 2024.
- Over 5 years, Capital Expenditures stood at -$306.0 million in 2022, then slumped by 32.68% to -$406.0 million in 2023, then plunged by 37.44% to -$558.0 million in 2024, then slipped by 9.14% to -$609.0 million in 2025, then soared by 47.29% to -$321.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were -$321.0 million in Q2 2026, -$346.0 million in Q1 2026, and -$609.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 1.32 Bn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 322.00 Mn |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 893.00 Mn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | -321.00 Mn |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 533.00 Mn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | - |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | 2.29 Mn |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 12.41 Mn |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | 108.00 Mn |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | 7.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -321.00 Mn |
| Mar 31, 2026 | -346.00 Mn |
| Dec 31, 2025 | -609.00 Mn |
| Sep 30, 2025 | -354.00 Mn |
| Jun 30, 2025 | -331.00 Mn |
| Mar 31, 2025 | -254.00 Mn |
| Dec 31, 2024 | -558.00 Mn |
| Sep 30, 2024 | -321.00 Mn |
| Jun 30, 2024 | -260.00 Mn |
| Mar 31, 2024 | -227.00 Mn |
| Dec 31, 2023 | -406.00 Mn |
| Sep 30, 2023 | -261.00 Mn |
| Jun 30, 2023 | -225.00 Mn |
| Mar 31, 2023 | -168.00 Mn |
| Dec 31, 2022 | -306.00 Mn |
| Sep 30, 2022 | -221.00 Mn |
| Jun 30, 2022 | -257.00 Mn |
| Mar 31, 2022 | -257.00 Mn |
| Dec 31, 2021 | -460.00 Mn |
| Sep 30, 2021 | -351.00 Mn |