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

Novartis Ag (NVS) Net Margin (2009 - 2026)

Novartis Ag's (NVS) quarterly Net Margin came in at 22.65% in Q2 2026, down 610.0% year-over-year from 4.44% in Q2 2025, and down 34.31% quarter-over-quarter from 34.48% in Q1 2026.

Analysis

Novartis Ag (NVS) Net Margin (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Net Margin across 18 years of filings, most recently posting 22.65% for Q2 2026.

  • In Q2 2026, Net Margin fell 610.0% year-over-year to 22.65%; the TTM figure through Jun 2026 stood at 32.73% (up 113.0% YoY), while the FY2025 annual figure was 25.64%, up 191.0% from the prior year.
  • Net Margin came in at 22.65% for Q2 2026 at Novartis Ag, down from 34.48% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 39.39% in Q4 2023 to a low of 13.25% in Q2 2022.
  • Average Net Margin over 5 years is 27.47%, with a median of 28.03% recorded in 2024.
  • Year-over-year, Net Margin tumbled 4789 bps in 2022 and surged 1651 bps in 2023.
  • Over 5 years, Net Margin stood at 22.88% in 2022, then jumped by 72 bps to 39.39% in 2023, then decreased by 21 bps to 31.19% in 2024, then climbed by 20 bps to 37.54% in 2025, then tumbled by 40 bps to 22.65% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 22.65% in Q2 2026, 34.48% in Q1 2026, and 37.54% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 21.86%
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 21.28%
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn -8.05%
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn 22.65%
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn -1.58%
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn 2.96%
7 Revolution Medicines 45.00 Bn 45.00 Bn - -
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 34.98%
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 42.51%
10 Jazz Pharmaceuticals 16.02 Bn 14.40 Bn 1.09 Bn 15.96%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.65%
Mar 31, 2026 34.48%
Dec 31, 2025 37.54%
Sep 30, 2025 32.08%
Jun 30, 2025 28.75%
Mar 31, 2025 39.33%
Dec 31, 2024 31.19%
Sep 30, 2024 27.96%
Jun 30, 2024 25.94%
Mar 31, 2024 30.18%
Dec 31, 2023 39.39%
Sep 30, 2023 15.63%
Jun 30, 2023 20.25%
Mar 31, 2023 28.10%
Dec 31, 2022 22.88%
Sep 30, 2022 19.91%
Jun 30, 2022 13.25%
Mar 31, 2022 24.89%
Dec 31, 2021 70.77%
Sep 30, 2021 28.41%