Growth Metrics

Novartis Ag (NVS) Other Working Capital Changes (2022 - 2026)

Novartis Ag recorded quarterly Other Working Capital Changes of $346.0 million in Q1 2026, up 175.05% quarter-over-quarter from -$461.0 million in Q4 2025, and up 181.6% year-over-year from $122.9 million in Q1 2025.

Novartis Ag's Other Working Capital Changes history runs 5 years deep, the most recent figure standing at $346.0 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes rose 181.6% year-over-year to $346.0 million; the TTM figure through Mar 2026 stood at -$147.0 million (up 82.1% YoY), while the FY2025 annual figure was -$461.0 million, changed N/A from the prior year.
  • Other Working Capital Changes came in at $346.0 million for Q1 2026 at Novartis Ag, up from -$461.0 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $392.0 million in Q3 2025 to a low of -$461.0 million in Q4 2025.
  • A 5-year average of -$79.9 million and a median of -$79.5 million in 2022 frame the typical range for Other Working Capital Changes.
  • On a YoY basis, Other Working Capital Changes climbed as much as 853.85% in 2025 and fell as far as 531.51% in 2025.
  • Novartis Ag's Other Working Capital Changes stood at -$86.0 million in 2022, then soared by 118.6% to $16.0 million in 2023, then tumbled by 556.25% to -$73.0 million in 2024, then plunged by 531.51% to -$461.0 million in 2025, then jumped by 175.05% to $346.0 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered $346.0 million, -$461.0 million, and $392.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn
10 Gsk 88.34 Bn 83.66 Bn -

Historic Data

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DateValue
Mar 31, 2026 346.00 Mn
Mar 31, 2026 346.00 Mn
Dec 31, 2025 -461.00 Mn
Dec 31, 2025 -461.00 Mn
Sep 30, 2025 392.00 Mn
Sep 30, 2025 392.00 Mn
Mar 31, 2025 -424.00 Mn
Mar 31, 2025 -424.00 Mn
Dec 31, 2024 -73.00 Mn
Dec 31, 2024 -73.00 Mn
Sep 30, 2024 -52.00 Mn
Sep 30, 2024 -52.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2024 -272.00 Mn
Sep 30, 2023 16.00 Mn
Sep 30, 2023 16.00 Mn
Mar 31, 2023 -109.00 Mn
Mar 31, 2023 -109.00 Mn
Dec 31, 2022 -86.00 Mn
Dec 31, 2022 -86.00 Mn
Sep 30, 2022 127.00 Mn
Sep 30, 2022 127.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2022 -363.00 Mn