Novartis Ag NVS
NYSE NVS
$137.50 -0.20 (-0.15%)
As of: Sep 9, 2026 · 3:59 PM EDT

Novartis Ag (NVS) Inventory Average (2009 - 2026)

Novartis Ag's (NVS) quarterly Inventory Average came in at $6.3 billion in Q2 2026, up 3.05% year-over-year from $6.1 billion in Q2 2025, and little changed quarter-over-quarter from $6.3 billion in Q1 2026.

Analysis

Novartis Ag (NVS) Inventory Average (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Inventory Average across 18 years of filings, most recently posting $6.3 billion for Q2 2026.

  • In Q2 2026, Inventory Average rose 3.05% year-over-year to $6.3 billion; the TTM figure through Jun 2026 stood at $6.3 billion (up 3.05% YoY), while the FY2025 annual figure was $6.0 billion, up 3.06% from the prior year.
  • Inventory Average came in at $6.3 billion for Q2 2026 at Novartis Ag, roughly flat from $6.3 billion in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $8.1 billion in Q2 2023 to a low of $5.7 billion in Q2 2024.
  • Average Inventory Average over 5 years is $6.5 billion, with a median of $6.3 billion recorded in 2025.
  • Year-over-year, Inventory Average increased 16.12% in 2023 and retreated 28.7% in 2024.
  • Over 5 years, Inventory Average stood at $7.0 billion in 2022, then declined by 17.42% to $5.8 billion in 2023, then climbed by 1.21% to $5.8 billion in 2024, then gained by 8.81% to $6.3 billion in 2025, then fell by 1.45% to $6.3 billion in 2026.
  • Per Business Quant data, the three most recent Inventory Average figures were $6.3 billion in Q2 2026, $6.3 billion in Q1 2026, and $6.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 14.86 Bn
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 5.09 Bn
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn 6.34 Bn
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn 6.25 Bn
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn 10.31 Bn
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn -
7 Revolution Medicines 45.00 Bn 45.00 Bn - -
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 114.08 Mn
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 186.05 Mn
10 Jazz Pharmaceuticals 16.02 Bn 14.40 Bn 1.09 Bn 440.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.25 Bn
Mar 31, 2026 6.28 Bn
Dec 31, 2025 6.35 Bn
Sep 30, 2025 6.36 Bn
Jun 30, 2025 6.07 Bn
Mar 31, 2025 5.78 Bn
Dec 31, 2024 5.83 Bn
Sep 30, 2024 5.84 Bn
Jun 30, 2024 5.75 Bn
Mar 31, 2024 5.83 Bn
Dec 31, 2023 5.76 Bn
Sep 30, 2023 6.92 Bn
Jun 30, 2023 8.06 Bn
Mar 31, 2023 7.53 Bn
Dec 31, 2022 6.98 Bn
Sep 30, 2022 6.83 Bn
Jun 30, 2022 6.94 Bn
Mar 31, 2022 6.83 Bn
Dec 31, 2021 6.78 Bn
Sep 30, 2021 7.00 Bn