Novartis Ag (NVS) Interest Expenses (2009 - 2026)

Novartis Ag's (NVS) quarterly Interest Expenses came in at -$343.0 million in Q1 2026, down 27.04% year-on-year from -$470.1 million in Q1 2025, and down 12.83% quarter-over-quarter from -$304.0 million in Q4 2025.

Novartis Ag (NVS) Interest Expenses (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Interest Expenses across 16 years of filings, most recently posting -$343.0 million for Q1 2026.

  • Interest Expenses for Q1 2026 came in at -$343.0 million, down 27.04% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 billion (down 15.36% YoY), and the FY2025 annual result was $1.1 billion, up 13.72% from the prior year.
  • Interest Expenses came in at -$343.0 million for Q1 2026 at Novartis Ag, down from -$304.0 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 -$343.0 million in Q1 2026.
  • The 5-year median for Interest Expenses is -$222.0 million (2023), against an average of -$244.9 million.
  • Across the five-year window, Interest Expenses advanced 0.5% in 2023 and slipped 27.04% in 2026, its largest moves.
  • Novartis Ag's Interest Expenses stood at -$207.0 million in 2022, then fell by 4.83% to -$217.0 million in 2023, then decreased by 26.73% to -$275.0 million in 2024, then declined by 10.55% to -$304.0 million in 2025, then declined by 12.83% to -$343.0 million in 2026.
  • The last three Interest Expenses figures came in at -$343.0 million (Q1 2026), -$304.0 million (Q4 2025), and -$281.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -225.15 Mn
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn -
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 272.00 Mn
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn -
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn -
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 657.00 Mn
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 240.00 Mn
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn -
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn -
10 Novartis Ag 108.28 Bn 107.60 Bn - -343.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -343.00 Mn
Mar 31, 2026 -343.00 Mn
Dec 31, 2025 -304.00 Mn
Dec 31, 2025 -304.00 Mn
Sep 30, 2025 -281.00 Mn
Sep 30, 2025 -281.00 Mn
Jun 30, 2025 -289.00 Mn
Jun 30, 2025 -289.00 Mn
Mar 31, 2025 -270.00 Mn
Mar 31, 2025 -270.00 Mn
Dec 31, 2024 -275.00 Mn
Dec 31, 2024 -275.00 Mn
Sep 30, 2024 -264.00 Mn
Sep 30, 2024 -264.00 Mn
Jun 30, 2024 -246.00 Mn
Jun 30, 2024 -246.00 Mn
Mar 31, 2024 -221.00 Mn
Mar 31, 2024 -221.00 Mn
Dec 31, 2023 -217.00 Mn
Dec 31, 2023 -217.00 Mn