Growth Metrics

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

Novartis Ag recorded quarterly Interest Expenses of -$343.0 million in Q1 2026, down 12.83% quarter-over-quarter from -$304.0 million in Q4 2025, and down 27.04% year-over-year from -$470.1 million in Q1 2025.

Novartis Ag's Interest Expenses history runs 18 years deep, the most recent figure standing at -$343.0 million for Q1 2026.

  • In Q1 2026, Interest Expenses fell 27.04% year-over-year to -$343.0 million; the TTM figure through Mar 2026 stood at -$1.2 billion (down 15.36% YoY), while the FY2025 annual figure 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 -$403.0 million in Q2 2022.
  • A 5-year average of -$256.8 million and a median of -$246.0 million in 2024 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses soared 46.4% in 2023 and dropped 27.04% in 2026, its largest moves.
  • Novartis Ag's Interest Expenses stood at -$207.0 million in 2022, then retreated by 4.83% to -$217.0 million in 2023, then slipped by 26.73% to -$275.0 million in 2024, then fell by 10.55% to -$304.0 million in 2025, then fell by 12.83% to -$343.0 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$343.0 million, -$304.0 million, and -$281.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -343.00 Mn
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn -
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn 272.00 Mn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn -
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn 657.00 Mn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 240.00 Mn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn -
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn -
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

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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
Sep 30, 2023 -222.00 Mn
Sep 30, 2023 -222.00 Mn
Jun 30, 2023 -216.00 Mn
Jun 30, 2023 -216.00 Mn
Mar 31, 2023 -200.00 Mn
Mar 31, 2023 -200.00 Mn
Dec 31, 2022 -207.00 Mn
Dec 31, 2022 -207.00 Mn
Sep 30, 2022 -206.00 Mn
Sep 30, 2022 -206.00 Mn
Jun 30, 2022 -403.00 Mn
Jun 30, 2022 -403.00 Mn
Mar 31, 2022 -201.00 Mn
Mar 31, 2022 -201.00 Mn
Dec 31, 2021 -206.00 Mn
Dec 31, 2021 -206.00 Mn
Sep 30, 2021 -202.00 Mn
Sep 30, 2021 -202.00 Mn
Jun 30, 2021 -403.00 Mn
Jun 30, 2021 -403.00 Mn
Mar 31, 2021 -202.00 Mn
Mar 31, 2021 -202.00 Mn
Dec 31, 2020 -201.00 Mn
Dec 31, 2020 -201.00 Mn
Sep 30, 2020 -209.00 Mn
Sep 30, 2020 -209.00 Mn
Jun 30, 2020 -459.00 Mn
Jun 30, 2020 -459.00 Mn
Mar 31, 2020 -239.00 Mn
Mar 31, 2020 -239.00 Mn
Dec 31, 2019 -203.00 Mn
Dec 31, 2019 -203.00 Mn
Sep 30, 2019 -216.00 Mn
Sep 30, 2019 -216.00 Mn
Jun 30, 2019 -205.00 Mn
Jun 30, 2019 -205.00 Mn
Mar 31, 2019 -226.00 Mn
Mar 31, 2019 -226.00 Mn
Dec 31, 2018 -248.00 Mn
Dec 31, 2018 -248.00 Mn
Sep 30, 2018 -229.00 Mn
Sep 30, 2018 -229.00 Mn
Jun 30, 2018 -237.00 Mn
Jun 30, 2018 -237.00 Mn
Mar 31, 2018 -218.00 Mn
Mar 31, 2018 -218.00 Mn
Dec 31, 2017 -208.00 Mn
Dec 31, 2017 -208.00 Mn
Sep 30, 2017 -197.00 Mn
Sep 30, 2017 -197.00 Mn
Jun 30, 2017 -192.00 Mn
Jun 30, 2017 -192.00 Mn
Mar 31, 2017 -180.00 Mn
Mar 31, 2017 -180.00 Mn
Dec 31, 2016 -168.00 Mn
Dec 31, 2016 -168.00 Mn
Sep 30, 2016 -174.00 Mn
Sep 30, 2016 -174.00 Mn
Jun 30, 2016 -180.00 Mn
Jun 30, 2016 -180.00 Mn
Mar 31, 2016 -185.00 Mn
Mar 31, 2016 -185.00 Mn
Dec 31, 2015 -158.00 Mn
Dec 31, 2015 -158.00 Mn
Sep 30, 2015 -154.00 Mn
Sep 30, 2015 -154.00 Mn
Jun 30, 2015 -164.00
Jun 30, 2015 -164.00
Mar 31, 2015 -179.00
Mar 31, 2015 -179.00
Dec 31, 2014 -188.00
Dec 31, 2014 -188.00
Sep 30, 2014 -182.00
Sep 30, 2014 -182.00
Jun 30, 2014 -166.00
Jun 30, 2014 -166.00
Mar 31, 2014 -168.00
Mar 31, 2014 -168.00
Dec 31, 2013 -163.00
Dec 31, 2013 -163.00
Sep 30, 2013 -170.00
Sep 30, 2013 -170.00
Jun 30, 2013 -175.00
Jun 30, 2013 -175.00
Mar 31, 2013 -175.00
Mar 31, 2013 -175.00
Sep 30, 2012 -178.00
Sep 30, 2012 -178.00
Jun 30, 2012 -183.00
Jun 30, 2012 -183.00
Mar 31, 2012 -164.00
Mar 31, 2012 -164.00
Dec 31, 2011 -174.00
Dec 31, 2011 -174.00
Sep 30, 2011 -198.00
Sep 30, 2011 -198.00
Jun 30, 2011 -190.00
Jun 30, 2011 -190.00
Mar 31, 2011 -189.00
Mar 31, 2011 -189.00
Dec 31, 2010 -196.00
Dec 31, 2010 -196.00
Sep 30, 2010 -188.00
Sep 30, 2010 -188.00
Jun 30, 2010 -175.00
Jun 30, 2010 -175.00
Mar 31, 2010 -133.00
Mar 31, 2010 -133.00
Dec 31, 2009 -156.00 Mn
Dec 31, 2009 -156.00 Mn
Sep 30, 2009 -173.00
Sep 30, 2009 -173.00
Jun 30, 2009 -136.00
Jun 30, 2009 -136.00
Mar 31, 2009 -86.00
Mar 31, 2009 -86.00