Novartis Ag NVS
NYSE NVS
$140.35 -0.58 (-0.41%)
At close: Sep 18, 2026 · 4:00 PM EDT

Novartis Ag (NVS) Change in Taxes (2009 - 2026)

Novartis Ag's (NVS) quarterly Change in Taxes came in at -$398.0 million in Q2 2026, up 41.04% year-over-year from -$282.2 million in Q2 2025, and up 49.43% quarter-over-quarter from -$787.0 million in Q1 2026.

Analysis

Novartis Ag (NVS) Change in Taxes (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Change in Taxes across 18 years of filings, most recently posting -$398.0 million for Q2 2026.

  • In Q2 2026, Change in Taxes rose 41.04% year-over-year to -$398.0 million; the TTM figure through Jun 2026 stood at -$2.8 billion (down 8.51% YoY), while the FY2025 annual figure was -$2.6 billion, down 13.46% from the prior year.
  • Change in Taxes came in at -$398.0 million for Q2 2026 at Novartis Ag, up from -$787.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of -$260.0 million in Q3 2022 to a low of -$1.2 billion in Q4 2025.
  • Average Change in Taxes over 5 years is -$610.2 million, with a median of -$558.0 million recorded in 2024.
  • Year-over-year, Change in Taxes soared 62.17% in 2022 and plunged 227.25% in 2023.
  • Over 5 years, Change in Taxes stood at -$334.0 million in 2022, then sank by 227.25% to -$1.1 billion in 2023, then rose by 4.03% to -$1.0 billion in 2024, then slipped by 15.82% to -$1.2 billion in 2025, then surged by 67.24% to -$398.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$398.0 million in Q2 2026, -$787.0 million in Q1 2026, and -$1.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Johnson & Johnson 650.65 Bn 629.89 Bn 17.26 Bn -
2 AbbVie 466.34 Bn 459.82 Bn 12.70 Bn -2.22 Bn
3 Merck 362.11 Bn 355.02 Bn 12.21 Bn -
4 Novartis Ag 267.81 Bn 260.52 Bn 11.24 Bn -398.00 Mn
5 Pfizer 157.31 Bn 145.91 Bn 10.94 Bn -
6 Bristol Myers Squibb 128.75 Bn 117.69 Bn 9.25 Bn -522.00 Mn
7 Sanofi 51.80 Bn 44.84 Bn 10.79 Bn -
8 Revolution Medicines 40.91 Bn 40.91 Bn - -
9 BeOne Medicines 39.65 Bn 34.55 Bn 1.53 Bn -
10 Incyte 25.18 Bn 20.65 Bn 1.57 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -398.00 Mn
Mar 31, 2026 -787.00 Mn
Dec 31, 2025 -1.22 Bn
Sep 30, 2025 -366.00 Mn
Jun 30, 2025 -675.00 Mn
Mar 31, 2025 -540.00 Mn
Dec 31, 2024 -1.05 Bn
Sep 30, 2024 -285.00 Mn
Jun 30, 2024 -473.00 Mn
Mar 31, 2024 -576.00 Mn
Dec 31, 2023 -1.09 Bn
Sep 30, 2023 -426.00 Mn
Jun 30, 2023 -973.00 Mn
Mar 31, 2023 -295.00 Mn
Dec 31, 2022 -334.00 Mn
Sep 30, 2022 -260.00 Mn
Jun 30, 2022 -606.00 Mn
Mar 31, 2022 -633.00 Mn
Dec 31, 2021 -883.00 Mn
Sep 30, 2021 -315.00 Mn