Growth Metrics

Novartis Ag (NVS) Change in Taxes (2020 - 2026)

Novartis Ag recorded quarterly Change in Taxes of -$683.0 million in Q1 2026, up 16.09% quarter-over-quarter from -$814.0 million in Q4 2025, and up 14.41% year-over-year from -$597.0 million in Q1 2025.

Novartis Ag's Change in Taxes history runs 7 years deep, the most recent figure standing at -$683.0 million for Q1 2026.

  • In Q1 2026, Change in Taxes rose 14.41% year-over-year to -$683.0 million; the TTM figure through Mar 2026 stood at -$2.3 billion (down 10.3% YoY), while the FY2025 annual figure was -$814.0 million, changed N/A from the prior year.
  • Change in Taxes came in at -$683.0 million for Q1 2026 at Novartis Ag, up from -$814.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $370.0 million in Q1 2023 to a low of -$814.0 million in Q4 2025.
  • A 5-year average of -$372.8 million and a median of -$441.0 million in 2024 frame the typical range for Change in Taxes.
  • Across the five-year window, Change in Taxes surged 202.76% in 2023 and slumped 412.82% in 2024, its largest moves.
  • Novartis Ag's Change in Taxes stood at -$254.0 million in 2022, then soared by 202.76% to $261.0 million in 2023, then sank by 278.16% to -$465.0 million in 2024, then tumbled by 75.05% to -$814.0 million in 2025, then rose by 16.09% to -$683.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$683.0 million, -$814.0 million, and -$266.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -683.00 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 -
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn -81.00 Mn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn 71.00 Mn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn -29.00 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 187.00 Mn
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

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DateValue
Mar 31, 2026 -683.00 Mn
Mar 31, 2026 -683.00 Mn
Dec 31, 2025 -814.00 Mn
Dec 31, 2025 -814.00 Mn
Sep 30, 2025 -266.00 Mn
Sep 30, 2025 -266.00 Mn
Jun 30, 2025 -507.00 Mn
Jun 30, 2025 -507.00 Mn
Mar 31, 2025 -798.00 Mn
Mar 31, 2025 -798.00 Mn
Dec 31, 2024 -465.00 Mn
Dec 31, 2024 -465.00 Mn
Sep 30, 2024 -200.00 Mn
Sep 30, 2024 -200.00 Mn
Jun 30, 2024 -595.00 Mn
Jun 30, 2024 -595.00 Mn
Mar 31, 2024 -441.00 Mn
Mar 31, 2024 -441.00 Mn
Dec 31, 2023 261.00 Mn
Dec 31, 2023 261.00 Mn
Sep 30, 2023 -39.00 Mn
Sep 30, 2023 -39.00 Mn
Jun 30, 2023 -403.00 Mn
Jun 30, 2023 -403.00 Mn
Mar 31, 2023 370.00 Mn
Mar 31, 2023 370.00 Mn
Dec 31, 2022 -254.00 Mn
Dec 31, 2022 -254.00 Mn
Sep 30, 2022 -257.00 Mn
Sep 30, 2022 -257.00 Mn
Jun 30, 2022 -797.00 Mn
Jun 30, 2022 -797.00 Mn
Mar 31, 2022 -450.00 Mn
Mar 31, 2022 -450.00 Mn
Dec 31, 2021 -645.00 Mn
Dec 31, 2021 -645.00 Mn
Sep 30, 2021 -472.00 Mn
Sep 30, 2021 -472.00 Mn
Jun 30, 2021 -611.00 Mn
Jun 30, 2021 -611.00 Mn
Mar 31, 2021 -391.00 Mn
Mar 31, 2021 -391.00 Mn
Dec 31, 2020 -460.00 Mn
Dec 31, 2020 -460.00 Mn
Sep 30, 2020 -478.00 Mn
Sep 30, 2020 -478.00 Mn