NVSEF
OTC Markets OTCPKNovartis AG
Revenue and Net Income
Values in USD
Income Statement
Values in USD
| Financial item | TTMJun 30, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|---|
Total Revenue | 56.69B | 56.67B | 51.72B | 46.66B | 43.46B |
Cost of Revenue | 14.32B | 13.70B | 12.83B | 12.47B | 11.58B |
Gross Profit | 42.37B | 42.98B | 38.90B | 34.19B | 31.88B |
Operating Expense | 25.27B | 25.33B | 24.35B | 24.42B | 23.93B |
Operating Income | 17.10B | 17.64B | 14.54B | 9.77B | 7.95B |
Net Non Operating Interest Income Expense | -1.27B | -980.00M | -686.00M | -419.00M | -574.00M |
Other Income Expense | -311.00M | -312.00M | -218.00M | -227.00M | -195.00M |
Pretax Income | 15.52B | 16.35B | 13.64B | 9.12B | 7.18B |
Tax Provision | 2.77B | 2.38B | 1.70B | 551.00M | 1.13B |
Net Income Common Stockholders | 12.76B | 13.98B | 11.94B | 14.85B | 6.96B |
Diluted NI Available to Com Stockholders | 12.76B | 13.98B | 11.94B | 14.85B | 6.96B |
Basic EPS | 6.67 | 7.21 | 5.92 | 7.15 | 3.19 |
Diluted EPS | 6.62 | 7.15 | 5.87 | 7.10 | 3.17 |
Basic Average Shares | 1.91B | 1.94B | 2.02B | 2.08B | 2.18B |
Diluted Average Shares | 1.93B | 1.96B | 2.04B | 2.09B | 2.20B |
Total Operating Income as Reported | 17.10B | 17.64B | 14.54B | 9.77B | 7.95B |
Total Expenses | 39.59B | 39.03B | 37.18B | 36.89B | 35.52B |
Net Income from Continuing & Discontinued Operation | 12.76B | 13.98B | 11.94B | 14.85B | 6.96B |
Normalized Income | 13.00B | 14.24B | 12.10B | 8.77B | 6.20B |
Interest Income | — | 373.00M | 568.00M | 627.00M | 377.00M |
Interest Expense | 1.39B | 1.14B | 1.01B | 855.00M | 800.00M |
Net Interest Income | -1.27B | -980.00M | -686.00M | -419.00M | -574.00M |
EBIT | 16.91B | 17.50B | 14.65B | 9.98B | 7.98B |
EBITDA | 22.45B | 22.82B | 20.71B | 18.25B | 14.68B |
Reconciled Cost of Revenue | 14.32B | 13.70B | 12.83B | 12.47B | 11.58B |
Reconciled Depreciation | 5.54B | 5.33B | 6.07B | 8.28B | 6.71B |
Net Income from Continuing Operation Net Minority Interest | 12.76B | 13.98B | 11.94B | 8.57B | 6.05B |
Total Unusual Items Excluding Goodwill | -300.00M | -300.00M | -180.00M | -214.00M | -184.00M |
Total Unusual Items | -300.00M | -300.00M | -180.00M | -214.00M | -184.00M |
Normalized EBITDA | 22.75B | 23.12B | 20.89B | 18.47B | 14.87B |
Tax Rate for Calcs | 0.18 | 0.15 | 0.12 | 0.06 | 0.16 |
Tax Effect of Unusual Items | -53.63M | -43.76M | -22.45M | -12.84M | -28.89M |
Key Statistics
Valuation
Volume & Shares
Growth Indicators
Currency & Exchange
Novartis AG researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally. The company offers Entresto, an angiotensin receptorneprilysin inhibitor to treat symptomatic chronic heart failure with reduced ejection fraction (HFrEF) Cosentyx to treat plaque psoriasis, pso riatic arthritis, ankylosing spondylitis, and nonradiographic axial spondy loarthritis Kisqali, a selective oral cyclin dependent inhibitor of kinases 4 and 6 (CDK4/6) Promacta/Revolade to treat immune thrombocytopenia (ITP), thrombocytopenia, and patients with severe aplastic anemia (SAA) Tafinlar+Mekinist, an oral combination therapy to treat patients with certain types of cancers and Jakavi for the treatment of myelofibrosis, polycythemia vera, and acute or chronic graftversushost disease (GvHD). It also provides Tasigna to treat philadelphia chromosomepositive chronic myeloid leukemia in the chronic and/or accelerated phase Xolair for the treatment of allergic asthma and nasal polyps or severe chronic rhinosi nusitis with nasal polyps Ilaris to treat fever syndromes, Still's disease, and acute gouty arthritis Pluvicto to treat prostatespecific membrane anti genpositive metastatic castrationresistant prostate cancer Sandostatin SC and Sandostatin LAR to treat acromegaly carcinoid tumors and other types of functional gastro intestinal and pancreatic neuroendocrine tumors Zolgensma for the treatment of genetic root cause of spinal muscular atrophy Lucentis Leqvio to reduce LDL cholesterol Lutathera Scemblix and Fabhalta. The company focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, oncology, and hematology. It has a license and collaboration agreement with Alnylam Pharmaceuticals, Inc. to develop, manufacture, and commercialize Leqvio (inclisiran), a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.