Novartis Ag NVS
NYSE NVS
$137.50 +0.02 (+0.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novartis Ag (NVS) Cash from Operations (2009 - 2026)

Novartis Ag's (NVS) quarterly Cash from Operations came in at $5.9 billion in Q2 2026, down 11.73% year-over-year from $6.7 billion in Q2 2025, and up 60.01% quarter-over-quarter from $3.7 billion in Q1 2026.

Analysis

Novartis Ag (NVS) Cash from Operations (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Cash from Operations across 18 years of filings, most recently posting $5.9 billion for Q2 2026.

  • In Q2 2026, Cash from Operations fell 11.73% year-over-year to $5.9 billion; the TTM figure through Jun 2026 stood at $26.4 billion (up 11.39% YoY), while the FY2025 annual figure was $19.1 billion, up 8.66% from the prior year.
  • Cash from Operations came in at $5.9 billion for Q2 2026 at Novartis Ag, up from $3.7 billion in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of $11.7 billion in Q4 2023 to a low of $1.6 billion in Q1 2022.
  • Average Cash from Operations over 5 years is $5.6 billion, with a median of $5.1 billion recorded in 2023.
  • Year-over-year, Cash from Operations jumped 138.7% in 2022 and tumbled 38.83% in 2024.
  • Over 5 years, Cash from Operations stood at $9.3 billion in 2022, then climbed by 25.91% to $11.7 billion in 2023, then plunged by 38.83% to $7.1 billion in 2024, then jumped by 44.38% to $10.3 billion in 2025, then tumbled by 42.94% to $5.9 billion in 2026.
  • Per Business Quant data, the three most recent Cash from Operations figures were $5.9 billion in Q2 2026, $3.7 billion in Q1 2026, and $10.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Johnson & Johnson 641.14 Bn 620.38 Bn 17.26 Bn 8.62 Bn
2 AbbVie 451.04 Bn 444.47 Bn 12.70 Bn 3.44 Bn
3 Merck 357.43 Bn 350.29 Bn 12.21 Bn 5.37 Bn
4 Novartis Ag 266.73 Bn 259.04 Bn 11.24 Bn 5.88 Bn
5 Pfizer 157.52 Bn 145.82 Bn 10.94 Bn 835.00 Mn
6 Sanofi 52.14 Bn 44.76 Bn 10.79 Bn 3.44 Bn
7 Revolution Medicines 42.88 Bn 42.88 Bn - -387.32 Mn
8 Incyte 24.70 Bn 20.16 Bn 1.57 Bn 507.66 Mn
9 United Therapeutics 21.47 Bn 18.80 Bn 683.80 Mn 313.60 Mn
10 Neurocrine Biosciences 15.82 Bn 15.43 Bn 935.80 Mn 136.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.88 Bn
Mar 31, 2026 3.68 Bn
Dec 31, 2025 10.31 Bn
Sep 30, 2025 6.57 Bn
Jun 30, 2025 6.66 Bn
Mar 31, 2025 3.65 Bn
Dec 31, 2024 7.14 Bn
Sep 30, 2024 6.29 Bn
Jun 30, 2024 4.88 Bn
Mar 31, 2024 2.27 Bn
Dec 31, 2023 11.67 Bn
Sep 30, 2023 5.38 Bn
Jun 30, 2023 3.58 Bn
Mar 31, 2023 2.96 Bn
Dec 31, 2022 9.27 Bn
Sep 30, 2022 4.72 Bn
Jun 30, 2022 3.76 Bn
Mar 31, 2022 1.65 Bn
Dec 31, 2021 3.88 Bn
Sep 30, 2021 4.93 Bn