Novartis AG annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Novartis AG R&D Spending Growth & History (NVS)
Novartis AG's r&d spending was $11.20B for fiscal 2025.
View full Novartis AG company overviewNovartis AG annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $11.20B | $1.18B | +11.75% |
| 2024 | 2024-12-31 | $10.02B | −$1.35B | −11.86% |
| 2023 | 2023-12-31 | $11.37B | $2.20B | +23.98% |
| 2022 | 2022-12-31 | $9.17B | $531.0M | +6.15% |
| 2021 | 2021-12-31 | $8.64B | −$339.0M | −3.78% |
| 2020 | 2020-12-31 | $8.98B | −$422.0M | −4.49% |
| 2019 | 2019-12-31 | $9.40B | $913.0M | +10.76% |
| 2018 | 2018-12-31 | $8.49B | $100.0M | +1.19% |
| 2017 | 2017-12-31 | $8.39B | −$650.0M | −7.19% |
| 2016 | 2016-12-31 | $9.04B | — | — |
Novartis AG quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.85B | $120.0M | +4.40% |
| Q1 2026 | 2026-03-31 | $2.74B | — | — |
| Q4 2025 | 2025-12-31 | $3.16B | — | — |
| Q3 2025 | 2025-09-30 | $2.94B | — | — |
| Q2 2025 | 2025-06-30 | $2.73B | $360.0M | +15.21% |
| Q2 2024 | 2024-06-30 | $2.37B | $63.0M | +2.73% |
| Q2 2023 | 2023-06-30 | $2.30B | −$194.0M | −7.77% |
| Q2 2022 | 2022-06-30 | $2.50B | $98.0M | +4.08% |
| Q2 2021 | 2021-06-30 | $2.40B | −$41.0M | −1.68% |
| Q2 2020 | 2020-06-30 | $2.44B | $390.0M | +19.02% |
| Q2 2019 | 2019-06-30 | $2.05B | −$75.0M | −3.53% |
| Q2 2018 | 2018-06-30 | $2.13B | $64.0M | +3.10% |
| Q2 2017 | 2017-06-30 | $2.06B | — | — |
Novartis AG r&d spending trends
Over the last five fiscal years, Novartis AG's r&d spending increased from $8.98B to $11.20B, a change of $2.22B. The latest reported quarter, Q2 2026, shows $2.85B.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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