Novartis Ag (NVS) Cost of Revenue (2009 - 2025)
Novartis Ag (NVS) posted Cost of Revenue of $3.3 billion for Q2 2025, down 47.01% sequentially from $6.3 billion in Q4 2024, and up 4.7% YoY from $3.2 billion in Q2 2024.
Novartis Ag (NVS) Cost of Revenue (2009 - 2025) Analysis & Trends
Novartis Ag (NVS) has 15 years of Cost of Revenue data on file, last reported at $3.3 billion in Q2 2025.
- Quarterly Cost of Revenue rose 4.7% year-over-year to $3.3 billion in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $19.1 billion (up 44.96% YoY) and the FY2025 annual result came in at $13.7 billion, up 6.8% from the prior year.
- Cost of Revenue eased to $3.3 billion in Q2 2025 per NVS's latest filing, from $6.3 billion in the prior quarter.
- The five-year high for Cost of Revenue was $6.3 billion in Q4 2023, with the low at $236.0 million in Q3 2022.
- Average Cost of Revenue over 5 years is $2.3 billion, with a median of $1.7 billion recorded in 2023.
- The widest YoY moves for Cost of Revenue: up 2403.16% in 2023, down 10.9% in 2023.
- Novartis Ag's Cost of Revenue stood at $238.0 million in 2021, then rose by 6.3% to $253.0 million in 2022, then soared by 2403.16% to $6.3 billion in 2023, then declined by 1.01% to $6.3 billion in 2024, then plunged by 47.01% to $3.3 billion in 2025.
- Business Quant data shows NVS's Cost of Revenue at $3.3 billion in Q2 2025, $6.3 billion in Q4 2024, and $3.2 billion in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 3.58 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 8.11 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 4.22 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 2.68 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 4.20 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 2.74 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 1.45 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 3.55 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 3.32 Bn |
| Jun 30, 2025 | 3.32 Bn |
| Dec 31, 2024 | 6.27 Bn |
| Dec 31, 2024 | 6.27 Bn |
| Jun 30, 2024 | 3.17 Bn |
| Jun 30, 2024 | 3.17 Bn |
| Dec 31, 2023 | 6.33 Bn |
| Dec 31, 2023 | 6.33 Bn |
| Jun 30, 2023 | 3.34 Bn |
| Jun 30, 2023 | 3.34 Bn |
| Mar 31, 2023 | 326.00 Mn |
| Mar 31, 2023 | 326.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 236.00 Mn |
| Sep 30, 2022 | 236.00 Mn |
| Jun 30, 2022 | 3.75 Bn |
| Jun 30, 2022 | 3.75 Bn |
| Mar 31, 2022 | 288.00 Mn |
| Mar 31, 2022 | 288.00 Mn |