Growth Metrics

Novartis Ag (NVS) Change in Inventory (2022 - 2026)

Novartis Ag recorded quarterly Change in Inventory of -$95.0 million in Q1 2026, down 379.41% quarter-over-quarter from $34.0 million in Q4 2025, and down 272.73% year-over-year from $55.0 million in Q1 2025.

Novartis Ag's Change in Inventory history runs 5 years deep, the most recent figure standing at -$95.0 million for Q1 2026.

  • In Q1 2026, Change in Inventory fell 272.73% year-over-year to -$95.0 million; the TTM figure through Mar 2026 stood at -$134.0 million (up 35.58% YoY), while the FY2025 annual figure was $34.0 million, changed N/A from the prior year.
  • Change in Inventory came in at -$95.0 million for Q1 2026 at Novartis Ag, down from $34.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $90.0 million in Q3 2024 to a low of -$514.0 million in Q4 2022.
  • A 5-year average of -$154.9 million and a median of -$128.0 million in 2024 frame the typical range for Change in Inventory.
  • Across the five-year window, Change in Inventory soared 372.73% in 2024 and plunged 272.73% in 2026, its largest moves.
  • Novartis Ag's Change in Inventory stood at -$514.0 million in 2022, then soared by 93.58% to -$33.0 million in 2023, then tumbled by 581.82% to -$225.0 million in 2024, then jumped by 115.11% to $34.0 million in 2025, then slumped by 379.41% to -$95.0 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$95.0 million, $34.0 million, and -$128.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -95.00 Mn
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn -
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn 431.00 Mn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn 184.00 Mn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn -18.00 Mn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 52.00 Mn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn -
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn -14.00 Mn
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

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DateValue
Mar 31, 2026 -95.00 Mn
Mar 31, 2026 -95.00 Mn
Dec 31, 2025 34.00 Mn
Dec 31, 2025 34.00 Mn
Sep 30, 2025 -128.00 Mn
Sep 30, 2025 -128.00 Mn
Mar 31, 2025 55.00 Mn
Mar 31, 2025 55.00 Mn
Dec 31, 2024 -225.00 Mn
Dec 31, 2024 -225.00 Mn
Sep 30, 2024 90.00 Mn
Sep 30, 2024 90.00 Mn
Mar 31, 2024 -128.00 Mn
Mar 31, 2024 -128.00 Mn
Sep 30, 2023 -33.00 Mn
Sep 30, 2023 -33.00 Mn
Mar 31, 2023 -361.00 Mn
Mar 31, 2023 -361.00 Mn
Dec 31, 2022 -514.00 Mn
Dec 31, 2022 -514.00 Mn
Sep 30, 2022 -129.00 Mn
Sep 30, 2022 -129.00 Mn
Mar 31, 2022 -425.00 Mn
Mar 31, 2022 -425.00 Mn