Novartis Ag (NVS) Tax Provisions (2009 - 2026)
Novartis Ag's Tax Provisions was $1.01 billion in Q2 2026, up 99.6% from $507 million a year earlier.
Novartis Ag (NVS) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Novartis Ag's Tax Provisions was -$751 million through Jun 30, 2026; for FY2025, it came in at $2.39 billion, up 40.2% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $1.7 billion in FY2024, -$812 million in FY2023, $1.13 billion in FY2022 (-30.6%) and $1.63 billion in FY2021 (-10.1%).
- The Q2 2026 figure marks the highest quarterly Tax Provisions in data going back to Q1 2009.
- Per Business Quant data, NVS's Tax Provisions in the three quarters before Q2 2026 was -$683 million (Q1 2026), -$814 million (Q4 2025) and -$266 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.17 Bn | 1,237.79 Bn | 20.46 Bn | 1.96 Bn |
| 2 | Johnson & Johnson | 660.04 Bn | 579.90 Bn | 17.30 Bn | -176.00 Mn |
| 3 | AbbVie | 521.06 Bn | 494.17 Bn | 12.70 Bn | 662.00 Mn |
| 4 | Merck | 370.60 Bn | 370.60 Bn | - | 492.00 Mn |
| 5 | Novartis Ag | 311.97 Bn | 285.20 Bn | - | - |
| 6 | Astrazeneca | 288.69 Bn | 262.37 Bn | 12.86 Bn | 291.00 Mn |
| 7 | Amgen | 252.29 Bn | 207.69 Bn | 7.24 Bn | 393.00 Mn |
| 8 | Gilead Sciences | 213.47 Bn | 213.47 Bn | - | 634.00 Mn |
| 9 | Pfizer | 173.68 Bn | 120.32 Bn | 10.94 Bn | -407.00 Mn |
| 10 | Vertex Pharmaceuticals | 141.76 Bn | 113.76 Bn | 2.84 Bn | 292.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | -683.00 Mn |
| Dec 31, 2025 | -814.00 Mn |
| Sep 30, 2025 | -266.00 Mn |
| Jun 30, 2025 | 507.00 Mn |
| Mar 31, 2025 | -798.00 Mn |
| Dec 31, 2024 | -465.00 Mn |
| Sep 30, 2024 | -200.00 Mn |
| Jun 30, 2024 | 595.00 Mn |
| Mar 31, 2024 | -441.00 Mn |
| Dec 31, 2023 | 261.00 Mn |
| Sep 30, 2023 | -39.00 Mn |
| Jun 30, 2023 | 403.00 Mn |
| Mar 31, 2023 | -370.00 Mn |
| Dec 31, 2022 | -254.00 Mn |
| Sep 30, 2022 | -257.00 Mn |
| Jun 30, 2022 | 347.00 Mn |
| Mar 31, 2022 | -450.00 Mn |
| Dec 31, 2021 | -645.00 Mn |
| Sep 30, 2021 | -472.00 Mn |
Novartis Ag Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=NVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();