Novartis Ag (NVS) Change in Intangibles (2009 - 2026)
Novartis Ag (NVS) reported Change in Intangibles of $437 million for Q2 2026, up 92.5% from $227 million a year earlier.
Novartis Ag (NVS) Change in Intangibles (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Novartis Ag's Change in Intangibles came in at -$909 million; for FY2025, it was $2.35 billion, down 3.9% from FY2024.
- Change in Intangibles has a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- By year, Change in Intangibles came in at $2.45 billion in FY2024 (+44.6%), $1.69 billion in FY2023 (+28.0%), $1.32 billion in FY2022 (-11.2%) and $1.49 billion in FY2021 (+13.7%).
- The Q2 2026 figure ranks as the highest quarterly Change in Intangibles since Q2 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$461 million (Q1 2026), -$408 million (Q4 2025) and -$477 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 4.06 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 995.00 Mn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | - |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | - |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | -7.20 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | - |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | - |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | - |
| 10 | Vertex Pharmaceuticals | 138.73 Bn | 110.72 Bn | 2.91 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 437.00 Mn |
| Mar 31, 2026 | -461.00 Mn |
| Dec 31, 2025 | -408.00 Mn |
| Sep 30, 2025 | -477.00 Mn |
| Jun 30, 2025 | 227.00 Mn |
| Mar 31, 2025 | -1.24 Bn |
| Dec 31, 2024 | -573.00 Mn |
| Sep 30, 2024 | -478.00 Mn |
| Jun 30, 2024 | 468.00 Mn |
| Mar 31, 2024 | -929.00 Mn |
| Dec 31, 2023 | -377.00 Mn |
| Sep 30, 2023 | -422.00 Mn |
| Jun 30, 2023 | 673.00 Mn |
| Mar 31, 2023 | -221.00 Mn |
| Dec 31, 2022 | -192.00 Mn |
| Sep 30, 2022 | -251.00 Mn |
| Jun 30, 2022 | 326.00 Mn |
| Mar 31, 2022 | -602.00 Mn |
| Dec 31, 2021 | -517.00 Mn |
| Sep 30, 2021 | -188.00 Mn |
Novartis Ag Change in Intangibles 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-intangibles&ticker=NVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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-intangibles&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();