Growth Metrics

Novartis Ag (NVS) Operating Expenses (2016 - 2025)

Novartis Ag's Operating Expenses history spans 15 years, with the latest figure at -$6.2 billion for Q2 2025.

  • On a quarterly basis, Operating Expenses fell 13.03% to -$6.2 billion in Q2 2025 year-over-year; TTM through Mar 2026 was -$6.2 billion, a 61.87% increase, with the full-year FY2025 number at $24.4 billion, up 8.23% from a year prior.
  • Operating Expenses hit -$6.2 billion in Q2 2025 for Novartis Ag, up from -$10.7 billion in the prior quarter.
  • Over the last five years, Operating Expenses for NVS hit a ceiling of -$672.0 million in Q3 2022 and a floor of -$12.4 billion in Q2 2023.
  • Historically, Operating Expenses has averaged -$4.7 billion across 5 years, with a median of -$3.1 billion in 2021.
  • Biggest five-year swings in Operating Expenses: crashed 1273.07% in 2023 and later surged 56.16% in 2024.
  • Tracing NVS's Operating Expenses over 5 years: stood at -$808.0 million in 2021, then rose by 2.1% to -$791.0 million in 2022, then crashed by 1273.07% to -$10.9 billion in 2023, then grew by 1.31% to -$10.7 billion in 2024, then skyrocketed by 42.45% to -$6.2 billion in 2025.
  • Business Quant data shows Operating Expenses for NVS at -$6.2 billion in Q2 2025, -$10.7 billion in Q4 2024, and -$5.5 billion in Q2 2024.