Novartis Ag (NVS) Payables (2009 - 2026)
Novartis Ag's (NVS) quarterly Payables came in at $4.3 billion in Q2 2026, down 5.5% year-over-year from $4.5 billion in Q2 2025, and down 1.48% quarter-over-quarter from $4.3 billion in Q1 2026.
Analysis
Novartis Ag (NVS) Payables (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Payables across 18 years of filings, most recently posting $4.3 billion for Q2 2026.
- In Q2 2026, Payables fell 5.5% year-over-year to $4.3 billion; the TTM figure through Jun 2026 stood at $4.3 billion (down 5.5% YoY), while the FY2025 annual figure was $5.1 billion, down 1.46% from the prior year.
- Payables came in at $4.3 billion for Q2 2026 at Novartis Ag, down from $4.3 billion in the prior quarter.
- In the past five years, Payables ranged from a high of $6.0 billion in Q4 2022 to a low of -$67.0 million in Q1 2022.
- Average Payables over 5 years is $4.5 billion, with a median of $4.5 billion recorded in 2025.
- Year-over-year, Payables tumbled 2133.33% in 2022 and soared 8198.51% in 2023.
- Over 5 years, Payables stood at $6.0 billion in 2022, then slipped by 7.64% to $5.6 billion in 2023, then fell by 6.05% to $5.2 billion in 2024, then dropped by 1.46% to $5.1 billion in 2025, then slipped by 17.13% to $4.3 billion in 2026.
- Per Business Quant data, the three most recent Payables figures were $4.3 billion in Q2 2026, $4.3 billion in Q1 2026, and $5.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 20.92 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 33.30 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 5.96 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | 4.26 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 7.03 Bn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | 8.31 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | 88.42 Mn |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 250.40 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 497.80 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 808.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.26 Bn |
| Mar 31, 2026 | 4.32 Bn |
| Dec 31, 2025 | 5.14 Bn |
| Sep 30, 2025 | 4.56 Bn |
| Jun 30, 2025 | 4.51 Bn |
| Mar 31, 2025 | 4.26 Bn |
| Dec 31, 2024 | 5.21 Bn |
| Sep 30, 2024 | 4.09 Bn |
| Jun 30, 2024 | 4.15 Bn |
| Mar 31, 2024 | 4.06 Bn |
| Dec 31, 2023 | 5.55 Bn |
| Sep 30, 2023 | 3.87 Bn |
| Jun 30, 2023 | 5.35 Bn |
| Mar 31, 2023 | 5.43 Bn |
| Dec 31, 2022 | 6.01 Bn |
| Sep 30, 2022 | 4.69 Bn |
| Jun 30, 2022 | 4.97 Bn |
| Mar 31, 2022 | -67.00 Mn |
| Dec 31, 2021 | 6.45 Bn |
| Sep 30, 2021 | 4.67 Bn |