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

Historic Operating Expenses for Novartis Ag (NVS) over the last 17 years, with Q4 2025 value amounting to -$6.6 billion.

  • Novartis Ag's Operating Expenses fell 409.9% to -$6.6 billion in Q4 2025 from the same period last year, while for Dec 2025 it was -$24.4 billion, marking a year-over-year decrease of 823.45%. This contributed to the annual value of -$24.4 billion for FY2025, which is 823.45% down from last year.
  • According to the latest figures from Q4 2025, Novartis Ag's Operating Expenses is -$6.6 billion, which was down 409.9% from -$6.3 billion recorded in Q3 2025.
  • Over the past 5 years, Novartis Ag's Operating Expenses peaked at -$5.3 billion during Q1 2024, and registered a low of -$7.0 billion during Q3 2023.
  • For the 5-year period, Novartis Ag's Operating Expenses averaged around -$5.9 billion, with its median value being -$5.9 billion (2021).
  • Per our database at Business Quant, Novartis Ag's Operating Expenses crashed by 2807.59% in 2023 and then skyrocketed by 2123.72% in 2024.
  • Quarter analysis of 5 years shows Novartis Ag's Operating Expenses stood at -$6.4 billion in 2021, then increased by 15.56% to -$5.4 billion in 2022, then decreased by 11.34% to -$6.0 billion in 2023, then dropped by 5.52% to -$6.3 billion in 2024, then dropped by 4.1% to -$6.6 billion in 2025.
  • Its Operating Expenses was -$6.6 billion in Q4 2025, compared to -$6.3 billion in Q3 2025 and -$6.2 billion in Q2 2025.