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| Date | Value |
|---|---|
| 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 |