Novartis Ag (NVS) Interest Expenses (2009 - 2026)
Novartis Ag's (NVS) quarterly Interest Expenses came in at -$462.0 million in Q2 2026, down 59.86% year-over-year from -$1.2 billion in Q2 2025, and down 34.69% quarter-over-quarter from -$343.0 million in Q1 2026.
Analysis
Novartis Ag (NVS) Interest Expenses (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Interest Expenses across 18 years of filings, most recently posting -$462.0 million for Q2 2026.
- In Q2 2026, Interest Expenses fell 59.86% year-over-year to -$462.0 million; the TTM figure through Jun 2026 stood at -$1.6 billion (down 5.86% YoY), while the FY2025 annual figure was -$1.1 billion, down 13.72% from the prior year.
- Interest Expenses came in at -$462.0 million for Q2 2026 at Novartis Ag, down from -$343.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$200.0 million in Q1 2023 to a low of -$731.0 million in Q4 2024.
- Average Interest Expenses over 5 years is -$341.3 million, with a median of -$267.0 million recorded in 2024.
- Year-over-year, Interest Expenses gained 23.53% in 2025 and slumped 59.86% in 2026.
- Over 5 years, Interest Expenses stood at -$593.0 million in 2022, then retreated by 7.59% to -$638.0 million in 2023, then fell by 14.58% to -$731.0 million in 2024, then advanced by 23.53% to -$559.0 million in 2025, then increased by 17.35% to -$462.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were -$462.0 million in Q2 2026, -$343.0 million in Q1 2026, and -$559.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 281.00 Mn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | - |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | -462.00 Mn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | - |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | -333.60 Mn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | 23.78 Mn |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 582,000.00 |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 2.90 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -462.00 Mn |
| Mar 31, 2026 | -343.00 Mn |
| Dec 31, 2025 | -559.00 Mn |
| Sep 30, 2025 | -281.00 Mn |
| Jun 30, 2025 | -289.00 Mn |
| Mar 31, 2025 | -270.00 Mn |
| Dec 31, 2024 | -731.00 Mn |
| Sep 30, 2024 | -264.00 Mn |
| Jun 30, 2024 | -246.00 Mn |
| Mar 31, 2024 | -221.00 Mn |
| Dec 31, 2023 | -638.00 Mn |
| Sep 30, 2023 | -222.00 Mn |
| Jun 30, 2023 | -216.00 Mn |
| Mar 31, 2023 | -200.00 Mn |
| Dec 31, 2022 | -593.00 Mn |
| Sep 30, 2022 | -206.00 Mn |
| Jun 30, 2022 | -202.00 Mn |
| Mar 31, 2022 | -201.00 Mn |
| Dec 31, 2021 | -403.00 Mn |
| Sep 30, 2021 | -202.00 Mn |