Novartis Ag (NVSEF) Change in Taxes (2020 - 2026)

Novartis Ag's (NVSEF) quarterly Change in Taxes came in at -$683.0 million in Q1 2026, up 14.41% year-on-year from -$597.0 million in Q1 2025, and up 16.09% quarter-over-quarter from -$814.0 million in Q4 2025.

Novartis Ag (NVSEF) Change in Taxes (2020 - 2026) Analysis & Trends

Novartis Ag has disclosed Change in Taxes across 7 years of filings, most recently posting -$683.0 million for Q1 2026.

  • Change in Taxes for Q1 2026 came in at -$683.0 million, up 14.41% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.3 billion (down 10.3% YoY), and the FY2025 annual result was -$814.0 million, changed N/A from the prior year.
  • Change in Taxes came in at -$683.0 million for Q1 2026 at Novartis Ag, up from -$814.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $261.0 million in Q4 2023 to a low of -$814.0 million in Q4 2025.
  • The 5-year median for Change in Taxes is -$403.0 million (2023), against an average of -$389.9 million.
  • Across the five-year window, Change in Taxes jumped 202.76% in 2023 and tumbled 412.82% in 2024, its largest moves.
  • Novartis Ag's Change in Taxes stood at -$254.0 million in 2022, then surged by 202.76% to $261.0 million in 2023, then slumped by 278.16% to -$465.0 million in 2024, then plunged by 75.05% to -$814.0 million in 2025, then increased by 16.09% to -$683.0 million in 2026.
  • The last three Change in Taxes figures came in at -$683.0 million (Q1 2026), -$814.0 million (Q4 2025), and -$266.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn 411.19 Mn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn -
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn -
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn -81.00 Mn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn -
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 71.00 Mn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn -29.00 Mn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn -
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 187.00 Mn
10 Novartis Ag - - - -683.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -683.00 Mn
Mar 31, 2026 -683.00 Mn
Dec 31, 2025 -814.00 Mn
Dec 31, 2025 -814.00 Mn
Sep 30, 2025 -266.00 Mn
Sep 30, 2025 -266.00 Mn
Jun 30, 2025 -507.00 Mn
Jun 30, 2025 -507.00 Mn
Mar 31, 2025 -798.00 Mn
Mar 31, 2025 -798.00 Mn
Dec 31, 2024 -465.00 Mn
Dec 31, 2024 -465.00 Mn
Sep 30, 2024 -200.00 Mn
Sep 30, 2024 -200.00 Mn
Jun 30, 2024 -595.00 Mn
Jun 30, 2024 -595.00 Mn
Mar 31, 2024 -441.00 Mn
Mar 31, 2024 -441.00 Mn
Dec 31, 2023 261.00 Mn
Dec 31, 2023 261.00 Mn