Novartis AG (NVS)

NYSE: NVS · Pharmaceutical Preparations · Basel, CH · filing with the SEC since 2001

Grade5.5

◀ Past 6.9● Present 6.1▶ Future 3.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 4, 2026	Jan 31, 2025	Jan 31, 2024	Feb 1, 2023	Feb 2, 2022	Jan 26, 2021	Jan 29, 2020	Jan 30, 2019	Jan 24, 2018	Jan 25, 2017
Cost of revenue	13,699	12,827	12,472	11,582^r	11,735^r	15,121	14,425	14,510^r	13,633^r	17,520
Gross profit	42,975	38,895	34,188	31,879^r	32,239^r	34,777	34,252	31,589^r	29,771^r	31,916
Research and development	11,200	10,022	11,371	9,172^r	8,641^r	8,980	9,402	8,489^r	8,389^r	9,039
Selling, general and administrative	13,248	12,566	12,517	12,193^r	12,827^r	14,197	14,369	13,717^r	12,465^r	14,192
Operating income	17,644	14,544	9,769	7,946^r	10,056^r	10,152	9,086	8,403^r	8,702^r	8,268
Finance costs	1,144	1,006	855	800^r	787^r	869	850	932^r	750^r	707
Interest income	373	568	627	377^r	70^r	91	245	292^r	110	43
Share of profit of equity-method investments	-12	-38	-13	-11^r	15,337^r	673	659	6,438	1,108	703
Income before income taxes	16,352	13,640	9,123	7,177^r	24,530^r	9,878	8,940	14,095^r	9,102^r	7,817
Income tax expense	2,385	1,701	551	1,128^r	1,625^r	1,807	1,793	1,295^r	1,603^r	1,119
Income from continuing operations	13,967	11,939	8,572	6,049	22,905^r	8,071	7,147	12,800	7,499	·
Income from discontinued operations	·	·	6,282	906	1,113	·	4,590	-186	204	·
Net income	13,967	11,939	14,854	6,955	24,018	8,071	11,737	12,614	7,703	6,698
Net income to non-controlling interests	-17	-2	4	0	-3	-1	5	3	0	-14
Net income to shareholders	13,984	11,941	14,850	6,955	24,021	8,072	11,732	12,611	7,703	6,712
Earnings per share, basic	7.21	5.92	7.15	3.19	10.71	3.55	5.12	5.44	3.28	2.82
Earnings per share, diluted	7.15	5.87	7.10	3.17	10.63	3.52	5.06	5.38	3.25	2.80
Weighted average shares, basic	1,939	2,018	2,077	2,181	2,243	2,277	2,291	2,319	2,346	2,378
Weighted average shares, diluted	1,955	2,035	2,092	2,197	2,260	2,296	2,319	2,344	2,371	2,400

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales

Gross profit revenue less the cost of what it soldifrs-full:GrossProfit

Research and development spent on inventing what it sells nextifrs-full:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyifrs-full:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities

Finance costs what its borrowing costifrs-full:InterestExpense

Interest income what its cash and investments earnedifrs-full:RevenueFromInterest

Share of profit of equity-method investments its share of companies it partly ownsifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod

Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax

Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations

Income from continuing operations profit from the businesses it keepsifrs-full:ProfitLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedifrs-full:ProfitLossFromDiscontinuedOperations

Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests

Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent

Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare

Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare

Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares

Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares

SI Assistanton NVS · research, not advice