Novartis Ag (NVS) Current Taxes (2009 - 2026)
Novartis Ag's (NVS) quarterly Current Taxes came in at $2.3 billion in Q2 2026, down 18.19% year-over-year from $2.8 billion in Q2 2025, and up 27.95% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
Novartis Ag (NVS) Current Taxes (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Current Taxes across 18 years of filings, most recently posting $2.3 billion for Q2 2026.
- In Q2 2026, Current Taxes fell 18.19% year-over-year to $2.3 billion; the TTM figure through Jun 2026 stood at $2.3 billion (down 18.19% YoY), while the FY2025 annual figure was $2.0 billion, up 23.14% from the prior year.
- Current Taxes came in at $2.3 billion for Q2 2026 at Novartis Ag, up from $1.8 billion in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $3.3 billion in Q3 2025 to a low of $370.0 million in Q1 2023.
- Average Current Taxes over 5 years is $2.2 billion, with a median of $2.2 billion recorded in 2024.
- Year-over-year, Current Taxes sank 85.65% in 2023 and jumped 345.95% in 2024.
- Over 5 years, Current Taxes stood at $2.5 billion in 2022, then slipped by 25.27% to $1.9 billion in 2023, then dropped by 15.53% to $1.6 billion in 2024, then rose by 23.14% to $2.0 billion in 2025, then increased by 17.42% to $2.3 billion in 2026.
- Per Business Quant data, the three most recent Current Taxes figures were $2.3 billion in Q2 2026, $1.8 billion in Q1 2026, and $2.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 1.05 Bn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | - |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 4.22 Bn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | 2.31 Bn |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 653.00 Mn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | 1.03 Bn |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | - |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | - |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.31 Bn |
| Mar 31, 2026 | 1.81 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 3.34 Bn |
| Jun 30, 2025 | 2.83 Bn |
| Mar 31, 2025 | 2.57 Bn |
| Dec 31, 2024 | 1.60 Bn |
| Sep 30, 2024 | 2.17 Bn |
| Jun 30, 2024 | 1.92 Bn |
| Mar 31, 2024 | 1.65 Bn |
| Dec 31, 2023 | 1.89 Bn |
| Sep 30, 2023 | 2.13 Bn |
| Jun 30, 2023 | 2.65 Bn |
| Mar 31, 2023 | 370.00 Mn |
| Dec 31, 2022 | 2.53 Bn |
| Sep 30, 2022 | 2.69 Bn |
| Jun 30, 2022 | 2.45 Bn |
| Mar 31, 2022 | 2.58 Bn |
| Dec 31, 2021 | 2.42 Bn |
| Sep 30, 2021 | 2.46 Bn |