Novartis Ag (NVS) Change in Cash (2009 - 2026)
Novartis Ag's Change in Cash was $739 million in Q2 2026, compared with -$410 million a year earlier.
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Analysis
Novartis Ag (NVS) Change in Cash (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Novartis Ag's Change in Cash was $4.28 billion through Jun 30, 2026, down 10.8% year-over-year; for FY2025, it came in at -$4.8 billion.
- In earlier years, Change in Cash was $12.62 billion in FY2024 (+114.7%), $5.88 billion in FY2023, -$8.78 billion in FY2022 and -$4.54 billion in FY2021.
- Quarterly Change in Cash has moved between -$10.23 billion (Q2 2022) and $6.22 billion (Q3 2025) over five years.
- Compared with a year earlier, Change in Cash was higher in three of the last four quarters, with growth averaging 129.1%.
- The best year-over-year quarter for Change in Cash over five years was Q4 2021 (growth of 682.5%); the worst was Q3 2023 (a decline of 70.2%).
- Per Business Quant data, NVS's Change in Cash in the three quarters before Q2 2026 was -$4.56 billion (Q1 2026), $1.88 billion (Q4 2025) and $6.22 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.17 Bn | 1,237.79 Bn | 20.46 Bn | -4.07 Bn |
| 2 | Johnson & Johnson | 660.04 Bn | 579.90 Bn | 17.30 Bn | -3.51 Bn |
| 3 | AbbVie | 521.06 Bn | 494.17 Bn | 12.70 Bn | -2.82 Bn |
| 4 | Merck | 370.60 Bn | 370.60 Bn | - | - |
| 5 | Novartis Ag | 311.97 Bn | 285.20 Bn | - | - |
| 6 | Astrazeneca | 288.69 Bn | 262.37 Bn | 12.86 Bn | -2.64 Bn |
| 7 | Amgen | 252.29 Bn | 207.69 Bn | 7.24 Bn | 1.95 Bn |
| 8 | Gilead Sciences | 213.47 Bn | 213.47 Bn | - | 3.26 Bn |
| 9 | Pfizer | 173.68 Bn | 120.32 Bn | 10.94 Bn | -727.00 Mn |
| 10 | Vertex Pharmaceuticals | 141.76 Bn | 113.76 Bn | 2.84 Bn | 649.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 739.00 Mn |
| Mar 31, 2026 | -4.56 Bn |
| Dec 31, 2025 | 1.88 Bn |
| Sep 30, 2025 | 6.22 Bn |
| Jun 30, 2025 | -410.00 Mn |
| Mar 31, 2025 | -4.39 Bn |
| Dec 31, 2024 | 3.64 Bn |
| Sep 30, 2024 | 5.97 Bn |
| Jun 30, 2024 | -1.57 Bn |
| Mar 31, 2024 | -3.92 Bn |
| Dec 31, 2023 | 988.00 Mn |
| Sep 30, 2023 | 1.52 Bn |
| Jun 30, 2023 | -1.12 Bn |
| Mar 31, 2023 | 4.48 Bn |
| Dec 31, 2022 | -1.21 Bn |
| Sep 30, 2022 | 5.10 Bn |
| Jun 30, 2022 | -10.23 Bn |
| Mar 31, 2022 | 1.45 Bn |
| Dec 31, 2021 | 5.20 Bn |
| Sep 30, 2021 | 2.09 Bn |
API Access
Novartis Ag Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();