Growth Metrics

Novartis Ag (NVS) Net Cash Flow (2009 - 2025)

Novartis Ag recorded quarterly Net Cash Flow of -$2.1 billion in Q4 2025, down 144.65% quarter-over-quarter from -$860.0 million in Q3 2025, and up 60.53% year-over-year from -$1.3 billion in Q4 2024.

Novartis Ag's Net Cash Flow history runs 17 years deep, the most recent figure standing at -$2.1 billion for Q4 2025.

  • In Q4 2025, Net Cash Flow rose 60.53% year-over-year to -$2.1 billion; the TTM figure through Mar 2026 stood at -$3.8 billion (up 50.7% YoY), while the FY2025 annual figure was -$600.0 million, up 63.33% from the prior year.
  • Net Cash Flow came in at -$2.1 billion for Q4 2025 at Novartis Ag, down from -$860.0 million in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $9.9 billion in Q3 2021 to a low of -$10.2 billion in Q2 2022.
  • A 5-year average of -$757.0 million and a median of -$846.0 million in 2023 frame the typical range for Net Cash Flow.
  • Across the five-year window, Net Cash Flow jumped 420.63% in 2021 and tumbled 18460.0% in 2022, its largest moves.
  • Novartis Ag's Net Cash Flow stood at $35.0 million in 2021, then sank by 18460.0% to -$6.4 billion in 2022, then soared by 192.22% to $5.9 billion in 2023, then plunged by 189.94% to -$5.3 billion in 2024, then surged by 60.53% to -$2.1 billion in 2025.
  • According to Business Quant data, Net Cash Flow over the past three periods registered -$2.1 billion, -$860.0 million, and -$792.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn -2.05 Bn
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn 2.00 Bn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn 4.17 Bn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -9.27 Bn
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn 2.91 Bn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 75.00 Mn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn 544.00 Mn
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn -587.00 Mn
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -2.10 Bn
Dec 31, 2025 -2.10 Bn
Sep 30, 2025 -860.00 Mn
Sep 30, 2025 -860.00 Mn
Jun 30, 2025 -792.00 Mn
Jun 30, 2025 -792.00 Mn
Dec 31, 2024 -5.33 Bn
Dec 31, 2024 -5.33 Bn
Sep 30, 2024 -756.00 Mn
Sep 30, 2024 -756.00 Mn
Jun 30, 2024 -1.53 Bn
Jun 30, 2024 -1.53 Bn
Mar 31, 2024 -899.00 Mn
Mar 31, 2024 -899.00 Mn
Dec 31, 2023 5.93 Bn
Dec 31, 2023 5.93 Bn
Sep 30, 2023 -832.00 Mn
Sep 30, 2023 -832.00 Mn
Jun 30, 2023 -1.11 Bn
Jun 30, 2023 -1.11 Bn
Dec 31, 2022 -6.43 Bn
Dec 31, 2022 -6.43 Bn
Jun 30, 2022 -10.18 Bn
Jun 30, 2022 -10.18 Bn
Dec 31, 2021 35.00 Mn
Dec 31, 2021 35.00 Mn
Sep 30, 2021 9.89 Bn
Sep 30, 2021 9.89 Bn
Jun 30, 2021 1.29 Bn
Jun 30, 2021 1.29 Bn
Mar 31, 2021 1.57 Bn
Mar 31, 2021 1.57 Bn
Dec 31, 2020 4.75 Bn
Dec 31, 2020 4.75 Bn
Sep 30, 2020 1.90 Bn
Sep 30, 2020 1.90 Bn
Jun 30, 2020 1.35 Bn
Jun 30, 2020 1.35 Bn
Dec 31, 2019 318.00 Mn
Dec 31, 2019 318.00 Mn
Jun 30, 2019 2.61 Bn
Jun 30, 2019 2.61 Bn
Dec 31, 2018 -3.48 Bn
Dec 31, 2018 -3.48 Bn
Sep 30, 2018 -886.00 Mn
Sep 30, 2018 -886.00 Mn
Jun 30, 2018 6.74 Bn
Jun 30, 2018 6.74 Bn
Dec 31, 2017 -996.00 Mn
Dec 31, 2017 -996.00 Mn
Sep 30, 2017 -685.00 Mn
Sep 30, 2017 -685.00 Mn
Jun 30, 2017 233.00 Mn
Jun 30, 2017 233.00 Mn
Mar 31, 2017 -388.00 Mn
Mar 31, 2017 -388.00 Mn
Dec 31, 2016 -847.00 Mn
Dec 31, 2016 -847.00 Mn
Sep 30, 2016 -1.03 Bn
Sep 30, 2016 -1.03 Bn
Jun 30, 2016 -593.00 Mn
Jun 30, 2016 -593.00 Mn
Mar 31, 2016 -564.00 Mn
Mar 31, 2016 -564.00 Mn
Sep 30, 2015 -613.00 Mn
Sep 30, 2015 -613.00 Mn
Dec 31, 2014 -1,529.00
Dec 31, 2014 -1,529.00
Sep 30, 2014 54.00
Sep 30, 2014 54.00
Jun 30, 2014 -777.00
Jun 30, 2014 -777.00
Dec 31, 2013 153.00
Dec 31, 2013 153.00
Sep 30, 2013 -753.00
Sep 30, 2013 -753.00
Jun 30, 2013 -600.00
Jun 30, 2013 -600.00
Mar 31, 2013 696.00
Mar 31, 2013 696.00
Jun 30, 2012 -723.00
Jun 30, 2012 -723.00
Mar 31, 2012 -445.00
Mar 31, 2012 -445.00
Dec 31, 2011 -824.00
Dec 31, 2011 -824.00
Sep 30, 2011 -569.00
Sep 30, 2011 -569.00
Jun 30, 2011 110.00
Jun 30, 2011 110.00
Mar 31, 2011 4.00
Mar 31, 2011 4.00
Dec 31, 2010 385.00
Dec 31, 2010 385.00
Jun 30, 2010 950.00
Jun 30, 2010 950.00
Mar 31, 2010 2,193.00
Mar 31, 2010 2,193.00
Dec 31, 2009 12.19 Bn
Dec 31, 2009 12.19 Bn
Sep 30, 2009 3,597.00
Sep 30, 2009 3,597.00
Jun 30, 2009 -114.00
Jun 30, 2009 -114.00
Mar 31, 2009 -437.00
Mar 31, 2009 -437.00