What is the current annual cash from operations of NVS?

As of today, NVS annual cash from operations is $19.24B

What is 1-year change in NVS annual cash from operations?

NVS annual cash from operations is up +9.27% year-over-year

What is 3-year change in NVS annual cash from operations?

NVS annual cash from operations is up +34.90% over the past 3 years

How far is NVS annual cash from operations from its all-time high?

NVS annual cash from operations is currently at its all-time high

How does NVS annual cash from operations rank versus sector peers?

NVS annual cash from operations is higher than 99.82% of companies in Healthcare sector

When is NVS next annual earnings release?

The next annual earnings release for NVS is on February 3, 2027

What is the current quarterly cash from operations of NVS?

As of today, NVS quarterly cash from operations is $5.48B

What is NVS quarterly cash from operations most recent change?

NVS quarterly cash from operations was down -6.88% on September 30, 2026

What is 1-year change in NVS quarterly cash from operations?

NVS quarterly cash from operations is down -16.59% year-over-year

How far is NVS quarterly cash from operations from its all-time high?

NVS quarterly cash from operations is currently -46.29% below its historical high of $10.21B set on September 30, 2007

How does NVS quarterly cash from operations rank versus sector peers?

NVS quarterly cash from operations is higher than 99.51% of companies in Healthcare sector

When is NVS next earnings release?

The next earnings release for NVS is on February 3, 2027

What is the current TTM cash from operations of NVS?

As of today, NVS TTM cash from operations is $17.32B

What is NVS TTM cash from operations most recent change?

NVS TTM cash from operations was down -5.93% on September 30, 2026

What is 1-year change in NVS TTM cash from operations?

NVS TTM cash from operations is down -18.25% year-over-year

How far is NVS TTM cash from operations from its all-time high?

NVS TTM cash from operations is currently -18.25% below its historical high of $21.18B set on September 29, 2025

How does NVS TTM cash from operations rank versus sector peers?

NVS TTM cash from operations is higher than 99.32% of companies in Healthcare sector

When is NVS next earnings release?

The next earnings release for NVS is on February 3, 2027

Novartis AG (NVS) CFO History & Chart Since 1993

Annual CFO

$19.24B$1.63B+9.27%

December 31, 2025

Summary

Current Value: As of today, NVS annual cash from operations is $19.24B, up +9.27% on December 31, 2025
Historical Performance: NVS annual cash from operations is up +34.90% over the past 3 years, up +40.97% over the past 5 years
All-Time High Comparison: NVS annual cash from operations is currently at its all-time high
3-Year Low Comparison: NVS annual cash from operations is +34.90% above its 3-year low of $14.26B reached on an earlier date
Sector Comparison: NVS annual cash from operations is higher than 99.82% of companies in Healthcare sector

Cash From Operations Chart

beforeafter

Performance

NVS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Cash From Operations	Dec 31, 25	$19.24B	+9.3%	+34.9%	+41.0%	+37.9%
Quarterly Cash From Operations	Sep 30, 26	$5.48B	-16.6%	+1.9%	+11.3%	+33.9%
TTM Cash From Operations	Sep 30, 26	$17.32B	-18.3%	+7.9%	+13.4%	+21.7%
Price	Nov 6, 26	$162.55	+28.4%	+73.9%	+94.3%	+223.4%
Annual Cash From Investing	Dec 31, 25	-$4.90B	+34.7%	-433.3%	+62.8%	+68.6%
Annual Cash From Financing	Dec 31, 25	-$14.94B	-27.3%	+27.5%	-576.8%	-466.0%
Annual Free Cash Flow	Dec 31, 25	$15.32B	+11.1%	+27.5%	+39.2%	+30.5%
Annual CAPEX	Dec 31, 25	$3.92B	+2.8%	+74.7%	+48.1%	+77.0%
Annual Net Income	Dec 31, 25	$14.04B	+17.6%	+131.6%	+72.9%	+42.0%

Cash From Operations Highs

NVS Annual Cash From Operations Highs Comparison
Period	High	Date	Current
3Y	$19.24B	Dec 31, 25	at high
5Y	$19.24B	Dec 31, 25	at high
All	$19.24B	Dec 31, 25	at high

Cash From Operations Lows

NVS Annual Cash From Operations Lows Comparison
Period	Low	Date	Current
3Y	$14.26B	N/A	+34.9%
5Y	$13.65B	N/A	+41.0%
All	$3.23B	Dec 1, 97	+496.5%

Cash From Operations History

Year	Value	Change
2025	$19.24B	+9.3%
2024	$17.61B	+21.8%
2023	$14.46B	+1.4%
2022	$14.26B	-5.4%
2021	$15.07B	+10.4%
2020	$13.65B	+0.2%
2019	$13.63B	-4.8%
2018	$14.30B	+13.1%
2017	$12.65B	+10.2%
2016	$11.48B	-3.5%
2015	$11.90B	-14.4%
2014	$13.90B	+5.5%
2013	$13.17B	-7.2%
2012	$14.19B	+0.2%
2011	$14.16B	+1.5%
2010	$13.95B	+14.9%
2009	$12.14B	+24.3%

Year	Value	Change
2008	$9.77B	+6.1%
2007	$9.21B	+10.9%
2006	$8.30B	+4.1%
2005	$7.98B	+21.6%
2004	$6.56B	-0.7%
2003	$6.60B	+25.9%
2002	$5.25B	+20.7%
2001	$4.35B	-3.5%
2000	$4.50B	-1.7%
1999	$4.58B	+12.8%
1998	$4.06B	+25.9%
1997	$3.23B	-15.9%
1996	$3.84B	-20.9%
1995	$4.85B	+31.3%
1994	$3.69B	+7.7%
1993	$3.43B	-

FAQ

What is the current annual cash from operations of NVS?: As of today, NVS annual cash from operations is $19.24B
What is 1-year change in NVS annual cash from operations?: NVS annual cash from operations is up +9.27% year-over-year
What is 3-year change in NVS annual cash from operations?: NVS annual cash from operations is up +34.90% over the past 3 years
How far is NVS annual cash from operations from its all-time high?: NVS annual cash from operations is currently at its all-time high
How does NVS annual cash from operations rank versus sector peers?: NVS annual cash from operations is higher than 99.82% of companies in Healthcare sector
When is NVS next annual earnings release?: The next annual earnings release for NVS is on February 3, 2027

Cash From Operations Formula

CFO = Net Income + Non Cash Expenses + Changes In Working Capital

Quarterly CFO

$5.48B$405.02M-6.88%

September 30, 2026

Summary

Current Value: As of today, NVS quarterly cash from operations is $5.48B, down -6.88% on September 30, 2026
Historical Performance: NVS quarterly cash from operations is down -16.59% year-over-year, up +1.95% over the past 3 years
All-Time High Comparison: NVS quarterly cash from operations is currently -46.29% below its historical high of $10.21B set on September 30, 2007
3-Year Low Comparison: NVS quarterly cash from operations is +143.29% above its 3-year low of $2.25B reached on December 31, 2025
Sector Comparison: NVS quarterly cash from operations is higher than 99.51% of companies in Healthcare sector

Performance

NVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Cash From Operations	Sep 30, 26	$5.48B	-6.9%	-16.6%	+1.9%	+11.3%
Annual Cash From Operations	Dec 31, 25	$19.24B	–	+9.3%	+34.9%	+41.0%
TTM Cash From Operations	Sep 30, 26	$17.32B	-5.9%	-18.3%	+7.9%	+13.4%
Price	Nov 6, 26	$162.55	+5.4%	+28.4%	+73.9%	+94.3%
Quarterly Cash From Investing	Sep 30, 26	-$1.71B	+44.5%	-99.8%	+40.0%	-39.2%
Quarterly Cash From Financing	Sep 30, 26	-$2.47B	-21.5%	+10.4%	-196.6%	-60.9%
Quarterly Free Cash Flow	Sep 30, 26	$4.74B	-7.5%	-17.4%	+1.1%	+8.5%
Quarterly CAPEX	Sep 30, 26	$738.72M	-2.6%	-10.9%	+8.2%	+33.6%
Quarterly Net Income	Sep 30, 26	$1.19B	-63.5%	-69.7%	-21.4%	-56.9%

Quarterly Cash From Operations Highs

NVS Quarterly Cash From Operations Highs Comparison
Period	High	Date	Current
1Y	$6.57B	N/A	-16.6%
3Y	$6.77B	Jun 30, 25	-19.0%
5Y	$6.77B	Jun 30, 25	-19.0%
All	$10.21B	Sep 30, 07	-46.3%

Quarterly Cash From Operations Lows

NVS Quarterly Cash From Operations Lows Comparison
Period	Low	Date	Current
1Y	$2.25B	Dec 31, 25	+143.3%
3Y	$2.25B	Dec 31, 25	+143.3%
5Y	$1.65B	Mar 31, 22	+232.5%
All	$1.21B	Mar 31, 04	+351.8%

Quarterly Cash From Operations History

Month	Value	Change
Sep 2026	$5.48B	-6.9%
Jun 2026	$5.89B	+59.5%
Mar 2026	$3.69B	+63.8%
Dec 2025	$2.25B	-65.7%
Sep 2025	$6.57B	-2.9%
Jun 2025	$6.77B	+85.7%
Mar 2025	$3.65B	-13.1%
Dec 2024	$4.19B	-33.3%
Sep 2024	$6.29B	+28.9%
Jun 2024	$4.88B	+115.2%
Mar 2024	$2.27B	-11.1%
Dec 2023	$2.55B	-52.6%
Sep 2023	$5.38B	+50.4%
Jun 2023	$3.58B	+20.6%
Mar 2023	$2.96B	-28.3%
Dec 2022	$4.13B	-12.6%
Sep 2022	$4.73B	+25.9%
Jun 2022	$3.76B	+127.7%
Mar 2022	$1.65B	-57.5%
Dec 2021	$3.88B	-21.1%
Sep 2021	$4.93B	+19.2%
Jun 2021	$4.13B	+94.0%
Mar 2021	$2.13B	-47.9%
Dec 2020	$4.09B	+29.5%
Sep 2020	$3.16B	-20.3%
Jun 2020	$3.96B	+56.7%
Mar 2020	$2.53B	-28.6%
Dec 2019	$3.54B	-22.4%
Sep 2019	$4.56B	+46.6%
Jun 2019	$3.11B	+29.0%
Mar 2019	$2.41B	-35.7%
Dec 2018	$3.75B	-8.3%
Sep 2018	$4.09B	+3.8%
Jun 2018	$3.94B	+56.0%
Mar 2018	$2.53B	-26.5%
Dec 2017	$3.44B	-4.2%
Sep 2017	$3.59B	+0.1%
Jun 2017	$3.58B	+75.2%
Mar 2017	$2.05B	-43.1%
Dec 2016	$3.59B	+11.1%
Sep 2016	$3.23B	+3.9%
Jun 2016	$3.11B	+101.8%
Mar 2016	$1.54B	-62.9%
Dec 2015	$4.16B	+33.0%
Sep 2015	$3.13B	+7.4%

Month	Value	Change
Jun 2015	$2.91B	+70.8%
Mar 2015	$1.70B	-67.3%
Dec 2014	$5.21B	+32.4%
Sep 2014	$3.93B	+16.2%
Jun 2014	$3.38B	+146.1%
Mar 2014	$1.38B	-69.3%
Dec 2013	$4.48B	+1.9%
Sep 2013	$4.40B	+75.6%
Jun 2013	$2.51B	+36.3%
Mar 2013	$1.84B	-61.7%
Dec 2012	$4.80B	+15.2%
Sep 2012	$4.17B	+43.5%
Jun 2012	$2.90B	+20.0%
Mar 2012	$2.42B	-46.5%
Dec 2011	$4.52B	+10.5%
Sep 2011	$4.10B	+16.5%
Jun 2011	$3.52B	+73.8%
Mar 2011	$2.02B	-55.9%
Dec 2010	$4.59B	+41.9%
Sep 2010	$3.24B	+14.9%
Jun 2010	$2.82B	-14.8%
Mar 2010	$3.31B	-26.1%
Dec 2009	$4.48B	+44.5%
Sep 2009	$3.10B	+18.4%
Jun 2009	$2.62B	+34.0%
Mar 2009	$1.95B	-40.4%
Dec 2008	$3.28B	+9.2%
Sep 2008	$3.00B	+61.7%
Jun 2008	$1.85B	+13.1%
Mar 2008	$1.64B	-83.9%
Sep 2007	$10.21B	+464.9%
Jun 2007	$1.81B	-18.2%
Mar 2007	$2.21B	+12.8%
Sep 2006	$1.96B	+20.8%
Jun 2006	$1.62B	-30.9%
Mar 2006	$2.35B	+3.1%
Dec 2005	$2.28B	-7.6%
Sep 2005	$2.46B	+22.3%
Jun 2005	$2.01B	+53.0%
Mar 2005	$1.32B	-23.2%
Dec 2004	$1.71B	-16.1%
Sep 2004	$2.04B	+26.6%
Jun 2004	$1.61B	+33.0%
Mar 2004	$1.21B	-41.9%
Dec 2002	$2.09B	-

FAQ

What is the current quarterly cash from operations of NVS?: As of today, NVS quarterly cash from operations is $5.48B
What is NVS quarterly cash from operations most recent change?: NVS quarterly cash from operations was down -6.88% on September 30, 2026
What is 1-year change in NVS quarterly cash from operations?: NVS quarterly cash from operations is down -16.59% year-over-year
How far is NVS quarterly cash from operations from its all-time high?: NVS quarterly cash from operations is currently -46.29% below its historical high of $10.21B set on September 30, 2007
How does NVS quarterly cash from operations rank versus sector peers?: NVS quarterly cash from operations is higher than 99.51% of companies in Healthcare sector
When is NVS next earnings release?: The next earnings release for NVS is on February 3, 2027

Cash From Operations Formula

CFO = Net Income + Non Cash Expenses + Changes In Working Capital

TTM CFO

$17.32B$1.09B-5.93%

September 30, 2026

Summary

Current Value: As of today, NVS TTM cash from operations is $17.32B, down -5.93% on September 30, 2026
Historical Performance: NVS TTM cash from operations is down -18.25% year-over-year, up +7.89% over the past 3 years
All-Time High Comparison: NVS TTM cash from operations is currently -18.25% below its historical high of $21.18B set on September 29, 2025
3-Year Low Comparison: NVS TTM cash from operations is +25.79% above its 3-year low of $13.77B reached on March 31, 2024
Sector Comparison: NVS TTM cash from operations is higher than 99.32% of companies in Healthcare sector

Performance

NVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Cash From Operations	Sep 30, 26	$17.32B	-5.9%	-18.3%	+7.9%	+13.4%
Annual Cash From Operations	Dec 31, 25	$19.24B	–	+9.3%	+34.9%	+41.0%
Quarterly Cash From Operations	Sep 30, 26	$5.48B	-6.9%	-16.6%	+1.9%	+11.3%
Price	Nov 6, 26	$162.55	+5.4%	+28.4%	+73.9%	+94.3%
TTM Cash From Investing	Sep 30, 26	-$18.70B	-4.8%	-221.1%	-456.1%	-1761.2%
TTM Cash From Financing	Sep 30, 26	$808.04M	+55.1%	+104.1%	+104.6%	+105.1%
TTM Free Cash Flow	Sep 30, 26	$13.99B	-6.7%	-18.4%	+3.0%	+14.9%
TTM CAPEX	Sep 30, 26	$3.32B	-2.7%	-17.6%	+34.5%	+7.4%
TTM Net Income	Sep 30, 26	$10.02B	-21.4%	-30.5%	+38.0%	+2.1%

TTM Cash From Operations Highs

NVS TTM Cash From Operations Highs Comparison
Period	High	Date	Current
1Y	$21.18B	N/A	-18.3%
3Y	$21.18B	Sep 29, 25	-18.3%
5Y	$21.18B	Sep 29, 25	-18.3%
All	$21.18B	Sep 29, 25	-18.3%

TTM Cash From Operations Lows

NVS TTM Cash From Operations Lows Comparison
Period	Low	Date	Current
1Y	$17.32B	Sep 30, 26	at low
3Y	$13.77B	Mar 31, 24	+25.8%
5Y	$13.77B	Mar 31, 24	+25.8%
All	$1.21B	Mar 31, 04	+1326.8%

TTM Cash From Operations History

Month	Value	Change
Sep 2026	$17.32B	-5.9%
Jun 2026	$18.41B	-4.6%
Mar 2026	$19.29B	+0.2%
Dec 2025	$19.24B	-9.2%
Sep 2025	$21.18B	+1.4%
Jun 2025	$20.89B	+10.0%
Mar 2025	$19.00B	+7.8%
Dec 2024	$17.62B	+10.3%
Sep 2024	$15.97B	+6.0%
Jun 2024	$15.07B	+9.4%
Mar 2024	$13.77B	-4.8%
Dec 2023	$14.46B	-9.9%
Sep 2023	$16.05B	+4.2%
Jun 2023	$15.40B	-1.2%
Mar 2023	$15.58B	+9.2%
Dec 2022	$14.26B	+1.8%
Sep 2022	$14.02B	-1.4%
Jun 2022	$14.21B	-2.6%
Mar 2022	$14.59B	-3.2%
Dec 2021	$15.07B	-1.3%
Sep 2021	$15.27B	+13.1%
Jun 2021	$13.50B	+1.3%
Mar 2021	$13.33B	-2.9%
Dec 2020	$13.73B	+4.1%
Sep 2020	$13.19B	-9.6%
Jun 2020	$14.59B	+6.2%
Mar 2020	$13.74B	+0.9%
Dec 2019	$13.63B	-1.5%
Sep 2019	$13.83B	+3.5%
Jun 2019	$13.36B	-5.8%
Mar 2019	$14.19B	-0.8%
Dec 2018	$14.30B	+2.2%
Sep 2018	$13.99B	+3.7%
Jun 2018	$13.49B	+2.7%
Mar 2018	$13.13B	+3.8%
Dec 2017	$12.65B	-1.2%
Sep 2017	$12.80B	+2.9%
Jun 2017	$12.45B	+3.9%
Mar 2017	$11.98B	+4.4%
Dec 2016	$11.48B	-4.7%
Sep 2016	$12.04B	+0.9%
Jun 2016	$11.94B	+1.7%
Mar 2016	$11.74B	-1.4%
Dec 2015	$11.90B	-8.1%
Sep 2015	$12.95B	-5.9%

Month	Value	Change
Jun 2015	$13.75B	-3.3%
Mar 2015	$14.23B	+2.4%
Dec 2014	$13.90B	+5.5%
Sep 2014	$13.17B	-3.4%
Jun 2014	$13.64B	+6.9%
Mar 2014	$12.76B	-3.5%
Dec 2013	$13.22B	-2.4%
Sep 2013	$13.54B	+1.8%
Jun 2013	$13.31B	-2.9%
Mar 2013	$13.71B	-4.1%
Dec 2012	$14.29B	+2.0%
Sep 2012	$14.01B	+0.5%
Jun 2012	$13.94B	-4.2%
Mar 2012	$14.56B	+2.8%
Dec 2011	$14.16B	-0.5%
Sep 2011	$14.23B	+6.4%
Jun 2011	$13.37B	+5.5%
Mar 2011	$12.67B	-9.2%
Dec 2010	$13.95B	+0.8%
Sep 2010	$13.84B	+1.0%
Jun 2010	$13.70B	+1.5%
Mar 2010	$13.50B	+11.1%
Dec 2009	$12.14B	+11.0%
Sep 2009	$10.94B	+0.9%
Jun 2009	$10.84B	+7.6%
Mar 2009	$10.08B	+3.2%
Dec 2008	$9.77B	+50.4%
Sep 2008	$6.49B	-52.6%
Jun 2008	$13.70B	+0.3%
Mar 2008	$13.66B	-4.0%
Sep 2007	$14.23B	+138.0%
Jun 2007	$5.98B	+3.2%
Mar 2007	$5.79B	-29.4%
Sep 2006	$8.21B	-5.8%
Jun 2006	$8.71B	-4.3%
Mar 2006	$9.10B	+12.8%
Dec 2005	$8.07B	+7.5%
Sep 2005	$7.51B	+5.9%
Jun 2005	$7.09B	+6.0%
Mar 2005	$6.69B	+1.6%
Dec 2004	$6.59B	+35.2%
Sep 2004	$4.87B	+72.3%
Jun 2004	$2.83B	+133.0%
Mar 2004	$1.21B	-41.9%
Dec 2002	$2.09B	-

FAQ

What is the current TTM cash from operations of NVS?: As of today, NVS TTM cash from operations is $17.32B
What is NVS TTM cash from operations most recent change?: NVS TTM cash from operations was down -5.93% on September 30, 2026
What is 1-year change in NVS TTM cash from operations?: NVS TTM cash from operations is down -18.25% year-over-year
How far is NVS TTM cash from operations from its all-time high?: NVS TTM cash from operations is currently -18.25% below its historical high of $21.18B set on September 29, 2025
How does NVS TTM cash from operations rank versus sector peers?: NVS TTM cash from operations is higher than 99.32% of companies in Healthcare sector
When is NVS next earnings release?: The next earnings release for NVS is on February 3, 2027

Cash From Operations Formula

CFO = Net Income + Non Cash Expenses + Changes In Working Capital

Data Sources & References

NVS Official Website www.novartis.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1114448/000111444826000004/0001114448-26-000004-index.htm
NVS Profile on Yahoo Finance finance.yahoo.com/quote/NVS
NVS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvs