Novartis quarterly financial results

Novartis quarterly financial results

Q2 2026 results - Tuesday, July 21, 2026

Press release: English (PDF 0.3 MB) | Deutsch (PDF 0.3 MB)

Interim financial report (PDF 0.5 MB)

Watch the webcast

Download the interactive presentation (PDF 5.4 MB)

Download the podcast (MP3 33 MB)

Novartis Q2 2026 impact and sustainability update (PDF 1.2 MB)

Key figures1Q2 2026
(USD m)		Q2 2025
(USD m)		% change
(USD/cc)
Net sales14,40814,0543 (cc: 1)
Operating income4,7504,864-2 (cc: -3)
Net income3,2574,024-19 (cc: -19)
EPS (USD)1.712.07-17 (cc: -18)
Free cash flow5,5616,333-12 

Core		   
Operating income5,9405,9250 (cc: 0)
Net income4,5784,710-3 (cc: -4)
EPS (USD)2.412.420 (cc: -1)
  1. Constant currencies (cc), core results and free cash flow are non-IFRS measures. An explanation of non-IFRS measures can be found on page 43 of the Condensed Interim Financial Report. Unless otherwise noted, all growth rates in this Release refer to same period in prior year.

Q1 2026 results - Tuesday, April 28, 2026

Press release: English (PDF 0.3 MB) | Deutsch (PDF 0.3 MB)

Interim financial report (PDF 0.3 MB)

Quarterly impact and sustainability update (ESG):
Novartis Q1 2026 impact and sustainability update (PDF 1.6 MB)

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Download the interactive presentation (PDF 5.1 MB)

Download the podcast (MP3 26 MB)

Download 2026 epidemiology data (PDF 0.7 MB)
 

Key figures1Q1 2026
(USD m)		Q1 2025
(USD m)		% change
(USD/cc)
Net sales13,11313,233-1 (cc: -5)
Operating income4,2354,663-9 (cc: -11)
Net income3,1563,609-13 (cc: -13)
EPS (USD)1.651.83-10 (cc: -11)
Free cash flow3,3303,391-2

Core		   
Operating income4,8975,575-12 (cc: -14)
Net income3,7944,482-15 (cc: -17)
EPS (USD)1.992.28-13 (cc: -15)
  1. Constant currencies (cc), core results and free cash flow are non-IFRS measures. An explanation of non-IFRS measures can be found on page 32 of the Condensed Interim Financial Report. Unless otherwise noted, all growth rates in this Release refer to same period in prior year.

 

Annual results and Q4 2025
Wednesday, February 04, 2026

Press release: English (PDF 0.4 MB) | Deutsch (PDF 0.4 MB)

Condensed financial report (PDF 0.5 MB)

Quarterly impact and sustainability update (ESG):
Novartis Q4 2025 impact and sustainability update (PDF 1.0 MB)

Watch the webcast

Download the presentation (PDF 4.7 MB)

Download the podcast (MP3 35 MB)
 

Key figures1Q4 2025
(USD m2)		Q4 2024
(USD m2)		% change
(USD/cc)
Net sales13,33613,1531 (cc: -1)
Operating income3,6163,5302 (cc: 4)
Net income2,4042,820-15 (cc: -14)
EPS (USD)1.261.42-11 (cc: -11)
Free cash flow1,6553,635-54

Core		   
Operating income4,9294,8591 (cc: 1)
Net income3,8893,933-1 (cc: -2)
EPS (USD)2.031.983 (cc: 2)
  1. Constant currencies (cc), core results and free cash flow are non-IFRS measures. An explanation of non-IFRS measures can be found on page 44 of the Condensed Financial Report. Unless otherwise noted, all growth rates in this Release refer to same period in prior year.
  2. USD millions unless indicated otherwise

Q3 2025 results - Tuesday, October 28, 2025

Press release: English (PDF 0.3 MB) | Deutsch (PDF 0.3 MB)

Interim financial report (PDF 0.4 MB)

Quarterly impact and sustainability update (ESG):
Novartis Q3 2025 impact and sustainability update (PDF 0.8 MB)

Watch the webcast

Download the interactive presentation (PDF 5.6 MB)

Download the podcast (MP3 31 MB)
 

Key figures1Q3 2025
(USD m)		Q3 2024
(USD m)		% change
(USD/cc)
Net sales13,90912,8238 (cc: 7)
Operating income4,5013,62724 (cc: 27)
Net income3,9303,18523 (cc: 25)
EPS (USD)2.041.5829 (cc: 31)
Free cash flow6,2175,9654

Core		   
Operating income5,4605,1456 (cc: 7)
Net income4,3304,1335 (cc: 6)
EPS (USD)2.252.069 (cc: 10)
  1. Constant currencies (cc), core results and free cash flow are non-IFRS measures. An explanation of non-IFRS measures can be found on page 42 of the Interim Financial Report. Unless otherwise noted, all growth rates in this Release refer to same period in prior year.

 

2026 quarterly results

Q1 2026 press release (PDF 0.3 MB)

Q1 2026 financial report (PDF 0.4 MB)

2025 quarterly results

Q4 2025 press release (PDF 0.3 MB)

Q4 2025 financial report (PDF 0.5 MB)

Q3 2025 press release (PDF 0.3 MB)

Q3 2025 financial report (PDF 0.4 MB)

Q2 2025 press release (PDF 0.3 MB)

Q2 2025 financial report (PDF 0.5 MB)

Q1 2025 press release (PDF 0.3 MB)

Q1 2025 financial report (PDF 0.3 MB)

2024 quarterly results

Q4 2024 press release (PDF 0.4 MB)

Q4 2024 financial report (PDF 0.5 MB)

Q3 2024 press release (PDF 0.4 MB)

Q3 2024 financial report (PDF 0.6 MB)

Q2 2024 press release (PDF 0.5 MB)

Q2 2024 financial report (PDF 0.5 MB)

Q1 2024 press release (PDF 0.4 MB)

Q1 2024 financial report (PDF 0.5 MB)

2023 quarterly results

Q4 2023 press release (PDF 0.3 MB)

Q4 2023 financial report (PDF 0.6 MB)

Q3 2023 press release (PDF 0.4 MB)

Q3 2023 financial report (PDF 0.6 MB)

Q2 2023 press release (PDF 0.3 MB)

Q2 2023 financial report (PDF 0.5 MB)

Q1 2023 press release (PDF 0.3 MB)

Q1 2023 financial report (PDF 0.3 MB)

2022 quarterly results

Q4 2022 press release (PDF 0.3 MB)

Q4 2022 financial report (PDF 0.5 MB)

Q3 2022 press release (PDF 0.3 MB)

Q3 2022 financial report (PDF 0.5 MB)

Q2 2022 press release (PDF 0.2 MB)

Q2 2022 financial report (PDF 0.5 MB)

Q1 2022 press release (PDF 0.2 MB)

Q1 2022 financial report (PDF 0.4 MB)

2021 quarterly results

Q4 2021 press release (PDF 0.3 MB)

Q4 2021 financial report (PDF 0.5 MB)

Reconciliation of 2021 results excluding Roche investment impacts (PDF 0.5 MB)

Q3 2021 press release (PDF 0.3 MB)

Q3 2021 financial report (PDF 0.5 MB)

Q2 2021 press release (PDF 0.4 MB)

Q2 2021 financial report (PDF 0.5 MB)

Q1 2021 press release (PDF 0.2 MB)

Q1 2021 financial report (PDF 0.4 MB)

2020 quarterly results

Q4 2020 press release (PDF 0.2 MB)

Q4 2020 financial report (PDF 0.9 MB)

Q3 2020 press release (PDF 0.2 MB)

Q3 2020 financial report (PDF 0.8 MB)

Q2 2020 press release (PDF 0.1 MB)

Q2 2020 financial report (PDF 0.8 MB)

Q1 2020 press release (PDF 0.2 MB)

Q1 2020 financial report (PDF 0.6 MB)

Source URL: https://www.novartis.com/investors/financial-data/quarterly-results

List of links present in page
  1. https://www.novartis.com/investors/financial-data/quarterly-results
  2. #tabq2-2026-17036
  3. #tabq1-2026-17041
  4. #tabannual-results-and-q4-2025-17046
  5. #tabq3-2025-17051
  6. #tabarchive-17056
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  8. https://www.novartis.com/sites/novartis_com/files/q2-2026-media-release-de.pdf
  9. https://www.novartis.com/sites/novartis_com/files/q2-2026-interim-financial-report-en.pdf
  10. https://edge.media-server.com/mmc/p/pox7thj6
  11. https://www.novartis.com/sites/novartis_com/files/q2-2026-investor-presentation.pdf
  12. https://www.novartis.com/sites/novartis_com/files/2026-07/q2-2026-investor-presentation.mp3
  13. https://www.novartis.com/sites/novartis_com/files/novartis-q2-2026-impact-and-sustainability-update.pdf
  14. https://www.novartis.com/sites/novartis_com/files/q1-2026-media-release-en.pdf
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  18. https://edge.media-server.com/mmc/p/652bb6yc/
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  20. https://www.novartis.com/sites/novartis_com/files/2026-04/q1-2026-investor-presentation.mp3
  21. https://www.novartis.com/sites/novartis_com/files/novartis-target-patient-populations-2026.pdf
  22. https://www.novartis.com/sites/novartis_com/files/q4-2025-media-release-en.pdf
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