Novartis Ag (NVS) Tax Provisions (2009 - 2026)
Novartis Ag's (NVS) quarterly Tax Provisions came in at -$1.0 billion in Q2 2026, down 99.61% year-over-year from -$256.5 billion in Q2 2025, and down 48.17% quarter-over-quarter from -$683.0 million in Q1 2026.
Analysis
Novartis Ag (NVS) Tax Provisions (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Tax Provisions across 18 years of filings, most recently posting -$1.0 billion for Q2 2026.
- In Q2 2026, Tax Provisions fell 99.61% year-over-year to -$1.0 billion; the TTM figure through Jun 2026 stood at -$3.3 billion (down 19.15% YoY), while the FY2025 annual figure was -$2.4 billion, down 40.21% from the prior year.
- Tax Provisions came in at -$1.0 billion for Q2 2026 at Novartis Ag, down from -$683.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of -$39.0 million in Q3 2023 to a low of -$1.3 billion in Q4 2025.
- Average Tax Provisions over 5 years is -$588.6 million, with a median of -$478.5 million recorded in 2022.
- Year-over-year, Tax Provisions soared 84.82% in 2023 and slumped 412.82% in 2024.
- Over 5 years, Tax Provisions stood at -$874.0 million in 2022, then advanced by 7.09% to -$812.0 million in 2023, then tumbled by 52.22% to -$1.2 billion in 2024, then slipped by 5.58% to -$1.3 billion in 2025, then advanced by 22.45% to -$1.0 billion in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$1.0 billion in Q2 2026, -$683.0 million in Q1 2026, and -$1.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn | 1.21 Bn |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn | 662.00 Mn |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn | 654.00 Mn |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn | -1.01 Bn |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn | -407.00 Mn |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn | 770.00 Mn |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn | -524.23 Mn |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn | 75.45 Mn |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 Bn | 165.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.01 Bn |
| Mar 31, 2026 | -683.00 Mn |
| Dec 31, 2025 | -1.31 Bn |
| Sep 30, 2025 | -266.00 Mn |
| Jun 30, 2025 | -507.00 Mn |
| Mar 31, 2025 | -798.00 Mn |
| Dec 31, 2024 | -1.24 Bn |
| Sep 30, 2024 | -200.00 Mn |
| Jun 30, 2024 | -595.00 Mn |
| Mar 31, 2024 | -441.00 Mn |
| Dec 31, 2023 | -812.00 Mn |
| Sep 30, 2023 | -39.00 Mn |
| Jun 30, 2023 | -403.00 Mn |
| Mar 31, 2023 | -370.00 Mn |
| Dec 31, 2022 | -874.00 Mn |
| Sep 30, 2022 | -257.00 Mn |
| Jun 30, 2022 | -347.00 Mn |
| Mar 31, 2022 | -450.00 Mn |
| Dec 31, 2021 | -1.00 Bn |
| Sep 30, 2021 | -472.00 Mn |