Novartis AG annual operating expenses
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Novartis AG Operating Expenses Growth & History (NVS)
Novartis AG's operating expenses was $25.33B for fiscal 2025.
View full Novartis AG company overviewNovartis AG annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.33B | $980.0M | +4.02% |
| 2024 | 2024-12-31 | $24.35B | −$68.0M | −0.28% |
| 2023 | 2023-12-31 | $24.42B | $486.0M | +2.03% |
| 2022 | 2022-12-31 | $23.93B | $1.75B | +7.89% |
| 2021 | 2021-12-31 | $22.18B | −$2.44B | −9.92% |
| 2020 | 2020-12-31 | $24.63B | −$541.0M | −2.15% |
| 2019 | 2019-12-31 | $25.17B | $1.98B | +8.54% |
| 2018 | 2018-12-31 | $23.19B | $2.12B | +10.05% |
| 2017 | 2017-12-31 | $21.07B | −$2.58B | −10.91% |
| 2016 | 2016-12-31 | $23.65B | — | — |
Novartis AG quarterly operating expenses
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.49B | −$159.0M | −2.39% |
| Q1 2026 | 2026-03-31 | $5.83B | — | — |
| Q4 2025 | 2025-12-31 | $6.63B | — | — |
| Q3 2025 | 2025-09-30 | $6.32B | — | — |
| Q2 2025 | 2025-06-30 | $6.65B | $965.0M | +16.97% |
| Q2 2024 | 2024-06-30 | $5.68B | $89.0M | +1.59% |
| Q2 2023 | 2023-06-30 | $5.60B | −$1.51B | −21.25% |
| Q2 2022 | 2022-06-30 | $7.11B | $1.21B | +20.42% |
| Q2 2021 | 2021-06-30 | $5.90B | $60.0M | +1.03% |
| Q2 2020 | 2020-06-30 | $5.84B | −$114.0M | −1.91% |
| Q2 2019 | 2019-06-30 | $5.96B | $291.0M | +5.14% |
| Q2 2018 | 2018-06-30 | $5.66B | −$292.0M | −4.90% |
| Q2 2017 | 2017-06-30 | $5.96B | — | — |
Novartis AG operating expenses trends
Over the last five fiscal years, Novartis AG's operating expenses increased from $24.63B to $25.33B, a change of $706.0M. The latest reported quarter, Q2 2026, shows $6.49B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Novartis AG source filings ↗Community posts
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