Novartis Ag (NVS) Free Cash Flow (2009 - 2026)

Novartis Ag (NVS) posted Free Cash Flow of $346.0 million for Q1 2026, down 43.19% sequentially from $609.0 million in Q4 2025, and up 36.22% YoY from $254.0 million in Q1 2025.

Novartis Ag (NVS) Free Cash Flow (2009 - 2026) Analysis & Trends

Novartis Ag (NVS) has 16 years of Free Cash Flow data on file, last reported at $346.0 million in Q1 2026.

  • Quarterly Free Cash Flow rose 36.22% year-over-year to $346.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.3 billion (down 38.07% YoY) and the FY2025 annual result came in at $17.6 billion, up 8.26% from the prior year.
  • Free Cash Flow fell to $346.0 million in Q1 2026 per NVS's latest filing, from $609.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $7.7 billion in Q4 2024, with the low at $168.0 million in Q1 2023.
  • Average Free Cash Flow over 5 years is $2.5 billion, with a median of $354.0 million recorded in 2025.
  • The widest YoY moves for Free Cash Flow: up 36.22% in 2025, down 92.09% in 2025.
  • Novartis Ag's Free Cash Flow stood at $5.7 billion in 2022, then rose by 21.52% to $6.9 billion in 2023, then climbed by 10.94% to $7.7 billion in 2024, then slumped by 92.09% to $609.0 million in 2025, then slumped by 43.19% to $346.0 million in 2026.
  • Business Quant data shows NVS's Free Cash Flow at $346.0 million in Q1 2026, $609.0 million in Q4 2025, and $354.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 3.01 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 1.47 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 3.56 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 547.00 Mn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 2.93 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 1.48 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 2.43 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 2.18 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - 346.00 Mn
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 594.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 346.00 Mn
Mar 31, 2026 346.00 Mn
Dec 31, 2025 609.00 Mn
Dec 31, 2025 609.00 Mn
Jun 30, 2025 7.00 Bn
Jun 30, 2025 7.00 Bn
Mar 31, 2025 254.00 Mn
Mar 31, 2025 254.00 Mn
Dec 31, 2024 7.70 Bn
Dec 31, 2024 7.70 Bn
Sep 30, 2024 321.00 Mn
Sep 30, 2024 321.00 Mn
Jun 30, 2024 5.14 Bn
Jun 30, 2024 5.14 Bn
Mar 31, 2024 227.00 Mn
Mar 31, 2024 227.00 Mn
Dec 31, 2023 6.94 Bn
Dec 31, 2023 6.94 Bn
Jun 30, 2023 3.80 Bn
Jun 30, 2023 3.80 Bn