Novartis Ag (NVSEF) Change in Working Capital (2009 - 2026)
Novartis Ag's (NVSEF) quarterly Change in Working Capital came in at -$787.0 million in Q1 2026, down 3647.62% year-on-year from $22.2 million in Q1 2025, and down 2086.11% quarter-over-quarter from -$36.0 million in Q4 2025.
Novartis Ag (NVSEF) Change in Working Capital (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Change in Working Capital across 16 years of filings, most recently posting -$787.0 million for Q1 2026.
- Change in Working Capital for Q1 2026 came in at -$787.0 million, down 3647.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $955.0 million (down 24.33% YoY), and the FY2025 annual result was -$26.0 million, up 96.32% from the prior year.
- Change in Working Capital came in at -$787.0 million for Q1 2026 at Novartis Ag, down from -$36.0 million in the prior quarter.
- In the past five years, Change in Working Capital ranged from a high of $1.7 billion in Q3 2023 to a low of -$787.0 million in Q1 2026.
- The 5-year median for Change in Working Capital is $5.0 million (2024), against an average of $256.1 million.
- Across the five-year window, Change in Working Capital soared 3157.14% in 2022 and slumped 3647.62% in 2026, its largest moves.
- Novartis Ag's Change in Working Capital stood at $456.0 million in 2022, then sank by 184.21% to -$384.0 million in 2023, then soared by 101.3% to $5.0 million in 2024, then sank by 820.0% to -$36.0 million in 2025, then tumbled by 2086.11% to -$787.0 million in 2026.
- The last three Change in Working Capital figures came in at -$787.0 million (Q1 2026), -$36.0 million (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | - |
| 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 | - |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | - |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | - |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | - |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | - |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | - |
| 10 | Novartis Ag | - | - | - | -787.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -787.00 Mn |
| Mar 31, 2026 | -787.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Sep 30, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Jun 30, 2025 | 442.00 Mn |
| Jun 30, 2025 | 442.00 Mn |
| Mar 31, 2025 | -21.00 Mn |
| Mar 31, 2025 | -21.00 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | 1.04 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 238.00 Mn |
| Jun 30, 2024 | 238.00 Mn |
| Mar 31, 2024 | -29.00 Mn |
| Mar 31, 2024 | -29.00 Mn |
| Dec 31, 2023 | -384.00 Mn |
| Dec 31, 2023 | -384.00 Mn |