Novartis Ag (NVS) Net Cash Flow (2009 - 2025)
Novartis Ag's Net Cash Flow came in at $757 million for Q2 2026, compared with -$792 million a year earlier.
Powered by 
Analysis
Novartis Ag (NVS) Net Cash Flow (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Novartis Ag reported Net Cash Flow of $1.04 billion, down 90.8% year-over-year; for FY2025, it was -$600 million.
- Going back by year, Net Cash Flow was -$1.64 billion in FY2024, $6.46 billion in FY2023, -$8.71 billion in FY2022 and $3.68 billion in FY2021.
- The five-year range for quarterly Net Cash Flow is -$10.18 billion (Q2 2022) to $11.88 billion (Q3 2024).
- Year-over-year, Net Cash Flow increased in two of the last four quarters, with an average decline of 7.1%.
- The fastest year-over-year change in Net Cash Flow over five years came in Q4 2021 (growth of 916.8%), and the weakest in Q3 2025 (a decline of 75.4%).
- Business Quant data shows NVS's Net Cash Flow at -$4.48 billion (Q1 2026), $1.84 billion (Q4 2025) and $2.92 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Yr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 3.63 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | -4.60 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | -337.00 Mn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 809.00 Mn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | -600.00 Mn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 223.00 Mn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | -2.84 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -2.52 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 49.00 Mn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 424.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -600.00 Mn |
| Dec 31, 2024 | -1.64 Bn |
| Dec 31, 2023 | 6.46 Bn |
| Dec 31, 2022 | -8.71 Bn |
| Dec 31, 2021 | 3.68 Bn |
| Dec 31, 2020 | -1.74 Bn |
| Dec 31, 2019 | -5.49 Bn |
| Dec 31, 2018 | 4.44 Bn |
| Dec 31, 2017 | 1.77 Bn |
| Dec 31, 2016 | 2.72 Bn |
| Dec 31, 2015 | -16.76 Bn |
| Dec 31, 2014 | 26.58 Bn |
| Dec 31, 2013 | 1.05 Bn |
| Dec 31, 2012 | -6.85 Bn |
| Dec 31, 2011 | -1.51 Bn |
| Dec 31, 2010 | 2.43 Bn |
| Dec 31, 2009 | 781.00 Mn |
API Access
Novartis Ag Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow-annual&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow-annual", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow-annual&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();