Novartis Ag NVS
NYSE NVS
$140.35 -0.58 (-0.41%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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