
Novartis AG
SIX:NOVN

Income Statement
Earnings Waterfall
Novartis AG
Revenue
|
51.7B
USD
|
Cost of Revenue
|
-12.8B
USD
|
Gross Profit
|
38.9B
USD
|
Operating Expenses
|
-22.6B
USD
|
Operating Income
|
16.3B
USD
|
Other Expenses
|
-4.4B
USD
|
Net Income
|
11.9B
USD
|
Income Statement
Novartis AG
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
53 634
N/A
|
52 777
-2%
|
51 724
-2%
|
50 909
-2%
|
50 359
-1%
|
49 995
-1%
|
49 778
0%
|
49 634
0%
|
49 386
0%
|
49 361
0%
|
49 176
0%
|
49 527
+1%
|
43 361
-12%
|
49 500
+14%
|
48 639
-2%
|
47 305
-3%
|
46 017
-3%
|
46 269
+1%
|
46 660
+1%
|
47 784
+2%
|
48 624
+2%
|
49 930
+3%
|
49 528
-1%
|
49 584
+0%
|
49 898
+1%
|
49 884
0%
|
51 556
+3%
|
52 385
+2%
|
43 974
-16%
|
52 997
+21%
|
52 788
0%
|
52 263
-1%
|
43 375
-17%
|
52 136
+20%
|
61 843
+19%
|
61 093
-1%
|
46 660
-24%
|
58 780
+26%
|
48 860
-17%
|
49 940
+2%
|
51 722
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(17 345)
|
(17 166)
|
(17 125)
|
(17 045)
|
(17 125)
|
(17 360)
|
(17 441)
|
(17 409)
|
(17 338)
|
(17 216)
|
(17 008)
|
(16 991)
|
(13 416)
|
(16 346)
|
(15 694)
|
(14 865)
|
(13 555)
|
(14 224)
|
(13 981)
|
(14 134)
|
(13 930)
|
(14 320)
|
(14 342)
|
(14 294)
|
(14 400)
|
(14 678)
|
(15 095)
|
(15 375)
|
(11 391)
|
(15 357)
|
(15 352)
|
(15 161)
|
(11 211)
|
(15 072)
|
(17 267)
|
(16 699)
|
(12 020)
|
(15 111)
|
(12 336)
|
(12 488)
|
(12 815)
|
|
Gross Profit |
36 289
N/A
|
35 611
-2%
|
34 599
-3%
|
33 864
-2%
|
33 234
-2%
|
32 635
-2%
|
32 337
-1%
|
32 225
0%
|
32 048
-1%
|
32 145
+0%
|
32 168
+0%
|
32 536
+1%
|
29 945
-8%
|
33 154
+11%
|
32 945
-1%
|
32 440
-2%
|
32 462
+0%
|
32 045
-1%
|
32 679
+2%
|
33 650
+3%
|
34 694
+3%
|
35 610
+3%
|
35 186
-1%
|
35 290
+0%
|
35 498
+1%
|
35 206
-1%
|
36 461
+4%
|
37 010
+2%
|
32 583
-12%
|
37 640
+16%
|
37 436
-1%
|
37 102
-1%
|
32 164
-13%
|
37 064
+15%
|
44 576
+20%
|
44 394
0%
|
34 640
-22%
|
43 669
+26%
|
36 524
-16%
|
37 452
+3%
|
38 907
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25 200)
|
(24 462)
|
(24 033)
|
(23 658)
|
(23 231)
|
(23 329)
|
(23 254)
|
(23 092)
|
(22 862)
|
(23 904)
|
(23 957)
|
(24 232)
|
(20 847)
|
(23 835)
|
(23 736)
|
(23 798)
|
(22 572)
|
(23 974)
|
(23 776)
|
(23 765)
|
(23 362)
|
(23 869)
|
(23 598)
|
(23 313)
|
(23 179)
|
(23 306)
|
(24 075)
|
(24 414)
|
(21 620)
|
(24 571)
|
(24 450)
|
(24 326)
|
(21 958)
|
(24 152)
|
(28 785)
|
(28 473)
|
(21 998)
|
(27 287)
|
(22 156)
|
(22 194)
|
(22 587)
|
|
Selling, General & Administrative |
(14 993)
|
(14 624)
|
(14 394)
|
(14 270)
|
(14 118)
|
(14 144)
|
(14 181)
|
(14 112)
|
(14 111)
|
(14 286)
|
(14 462)
|
(14 768)
|
(12 468)
|
(14 815)
|
(14 501)
|
(14 084)
|
(13 690)
|
(13 753)
|
(13 773)
|
(14 074)
|
(14 319)
|
(14 454)
|
(14 257)
|
(14 107)
|
(14 093)
|
(14 158)
|
(14 550)
|
(14 739)
|
(12 756)
|
(14 793)
|
(14 672)
|
(14 475)
|
(12 193)
|
(14 093)
|
(16 456)
|
(16 145)
|
(12 489)
|
(15 329)
|
(12 467)
|
(12 507)
|
(12 564)
|
|
Research & Development |
(9 086)
|
(8 920)
|
(8 905)
|
(9 033)
|
(8 738)
|
(8 841)
|
(8 816)
|
(8 607)
|
(8 402)
|
(8 375)
|
(8 266)
|
(8 235)
|
(7 808)
|
(8 311)
|
(8 408)
|
(8 506)
|
(8 154)
|
(8 471)
|
(8 399)
|
(8 427)
|
(8 386)
|
(8 456)
|
(8 412)
|
(8 380)
|
(8 484)
|
0
|
(6 724)
|
(6 842)
|
(8 150)
|
(9 170)
|
(9 137)
|
(9 139)
|
(9 378)
|
(9 104)
|
(11 035)
|
(10 959)
|
(8 600)
|
(10 803)
|
(8 897)
|
(9 031)
|
(9 302)
|
|
Depreciation & Amortization |
0
|
(10)
|
(22)
|
(32)
|
(43)
|
(42)
|
(38)
|
(41)
|
(43)
|
(51)
|
(67)
|
(70)
|
(187)
|
0
|
0
|
0
|
(179)
|
(12)
|
(22)
|
(35)
|
(50)
|
(52)
|
(53)
|
(52)
|
(64)
|
(77)
|
(93)
|
(106)
|
(109)
|
(117)
|
(129)
|
(146)
|
(158)
|
(276)
|
(435)
|
(562)
|
(411)
|
(445)
|
(291)
|
(183)
|
(209)
|
|
Other Operating Expenses |
(1 121)
|
(908)
|
(712)
|
(323)
|
(332)
|
(302)
|
(219)
|
(332)
|
(306)
|
(1 192)
|
(1 162)
|
(1 159)
|
(384)
|
(709)
|
(827)
|
(1 208)
|
(549)
|
(1 738)
|
(1 582)
|
(1 229)
|
(607)
|
(907)
|
(876)
|
(774)
|
(538)
|
(9 071)
|
(2 708)
|
(2 727)
|
(605)
|
(491)
|
(512)
|
(566)
|
(229)
|
(679)
|
(859)
|
(807)
|
(498)
|
(710)
|
(501)
|
(473)
|
(512)
|
|
Operating Income |
11 089
N/A
|
11 149
+1%
|
10 566
-5%
|
10 206
-3%
|
10 003
-2%
|
9 306
-7%
|
9 083
-2%
|
9 133
+1%
|
9 186
+1%
|
8 241
-10%
|
8 211
0%
|
8 304
+1%
|
9 098
+10%
|
9 319
+2%
|
9 209
-1%
|
8 642
-6%
|
9 890
+14%
|
8 071
-18%
|
8 903
+10%
|
9 885
+11%
|
11 332
+15%
|
11 741
+4%
|
11 588
-1%
|
11 977
+3%
|
12 319
+3%
|
11 900
-3%
|
12 386
+4%
|
12 596
+2%
|
10 963
-13%
|
13 069
+19%
|
12 986
-1%
|
12 776
-2%
|
10 206
-20%
|
12 912
+27%
|
15 791
+22%
|
15 921
+1%
|
12 642
-21%
|
16 382
+30%
|
14 368
-12%
|
15 258
+6%
|
16 320
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 214
|
1 003
|
941
|
151
|
(630)
|
(283)
|
(217)
|
(140)
|
(440)
|
89
|
89
|
111
|
418
|
295
|
157
|
79
|
(11)
|
(447)
|
(329)
|
(250)
|
2
|
(150)
|
(24)
|
66
|
190
|
450
|
299
|
173
|
14 684
|
14 106
|
13 830
|
13 491
|
(777)
|
(1 059)
|
(1 256)
|
(1 166)
|
(497)
|
(1 251)
|
(982)
|
(1 038)
|
(633)
|
|
Non-Reccuring Items |
0
|
(90)
|
(410)
|
(555)
|
(1 158)
|
(663)
|
(628)
|
(643)
|
(911)
|
(502)
|
(285)
|
(290)
|
(395)
|
(306)
|
5 765
|
6 211
|
4 309
|
6 076
|
(366)
|
(1 255)
|
(2 284)
|
(2 164)
|
(2 456)
|
(2 901)
|
(2 503)
|
(2 553)
|
(1 686)
|
(945)
|
(1 009)
|
(778)
|
(1 910)
|
(2 666)
|
(2 137)
|
(3 507)
|
(3 210)
|
(3 842)
|
(2 962)
|
(3 197)
|
(2 676)
|
(1 718)
|
(1 962)
|
|
Total Other Income |
(31)
|
51
|
25
|
(43)
|
(81)
|
(552)
|
(473)
|
(480)
|
(18)
|
(416)
|
(401)
|
(349)
|
(19)
|
84
|
117
|
131
|
(93)
|
195
|
150
|
134
|
(110)
|
(6)
|
(33)
|
(64)
|
(128)
|
(90)
|
(74)
|
(79)
|
(108)
|
(41)
|
(14)
|
(20)
|
(115)
|
96
|
269
|
314
|
(60)
|
318
|
189
|
230
|
(85)
|
|
Pre-Tax Income |
12 272
N/A
|
12 113
-1%
|
11 122
-8%
|
9 759
-12%
|
8 134
-17%
|
7 808
-4%
|
7 765
-1%
|
7 870
+1%
|
7 817
-1%
|
7 412
-5%
|
7 614
+3%
|
7 776
+2%
|
9 102
+17%
|
9 392
+3%
|
15 248
+62%
|
15 063
-1%
|
14 095
-6%
|
13 895
-1%
|
8 358
-40%
|
8 514
+2%
|
8 940
+5%
|
9 421
+5%
|
9 075
-4%
|
9 078
+0%
|
9 878
+9%
|
9 707
-2%
|
10 925
+13%
|
11 745
+8%
|
24 530
+109%
|
26 356
+7%
|
24 892
-6%
|
23 581
-5%
|
7 177
-70%
|
8 442
+18%
|
11 594
+37%
|
11 227
-3%
|
9 123
-19%
|
12 252
+34%
|
10 899
-11%
|
12 732
+17%
|
13 640
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 545)
|
(1 534)
|
(1 410)
|
(1 337)
|
(1 106)
|
(1 075)
|
(1 082)
|
(1 054)
|
(1 119)
|
(1 060)
|
(1 089)
|
(1 113)
|
(1 603)
|
(1 445)
|
(1 552)
|
(1 568)
|
(1 295)
|
(1 197)
|
(1 279)
|
(1 276)
|
(1 793)
|
(1 969)
|
(1 865)
|
(1 977)
|
(1 807)
|
(1 750)
|
(1 940)
|
(1 934)
|
(1 625)
|
(2 178)
|
(1 914)
|
(1 786)
|
(1 128)
|
(1 412)
|
(1 838)
|
(1 533)
|
(551)
|
(992)
|
(814)
|
(975)
|
(1 701)
|
|
Income from Continuing Operations |
10 727
|
10 579
|
9 712
|
8 422
|
7 028
|
6 733
|
6 683
|
6 816
|
6 698
|
6 352
|
6 525
|
6 663
|
7 499
|
7 947
|
13 696
|
13 495
|
12 800
|
12 698
|
7 079
|
7 238
|
7 147
|
7 452
|
7 210
|
7 101
|
8 071
|
7 957
|
8 985
|
9 811
|
22 905
|
24 178
|
22 978
|
21 795
|
6 049
|
7 030
|
9 756
|
9 694
|
8 572
|
11 260
|
10 085
|
11 757
|
11 939
|
|
Income to Minority Interest |
(70)
|
(43)
|
(15)
|
(5)
|
(11)
|
(11)
|
(11)
|
(9)
|
14
|
15
|
18
|
21
|
0
|
(4)
|
(5)
|
(4)
|
(3)
|
(1)
|
(2)
|
0
|
(5)
|
(1)
|
0
|
2
|
1
|
(2)
|
(1)
|
(4)
|
3
|
6
|
4
|
2
|
0
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
4
|
2
|
|
Net Income (Common) |
10 210
N/A
|
20 274
+99%
|
19 555
-4%
|
18 220
-7%
|
17 783
-2%
|
6 789
-62%
|
6 757
0%
|
6 809
+1%
|
6 712
-1%
|
6 367
-5%
|
6 543
+3%
|
6 684
+2%
|
7 703
+15%
|
8 062
+5%
|
13 850
+72%
|
13 392
-3%
|
12 611
-6%
|
12 352
-2%
|
11 383
-8%
|
11 802
+4%
|
11 732
-1%
|
12 142
+3%
|
7 210
-41%
|
7 103
-1%
|
8 072
+14%
|
7 955
-1%
|
8 984
+13%
|
9 807
+9%
|
24 021
+145%
|
24 184
+1%
|
22 982
-5%
|
21 797
-5%
|
6 955
-68%
|
7 026
+1%
|
9 941
+41%
|
10 129
+2%
|
14 850
+47%
|
17 538
+18%
|
16 175
-8%
|
17 603
+9%
|
11 941
-32%
|
|
EPS (Diluted) |
4.15
N/A
|
8.28
+100%
|
7.97
-4%
|
7.47
-6%
|
7.29
-2%
|
2.83
-61%
|
2.81
-1%
|
2.83
+1%
|
2.8
-1%
|
2.66
-5%
|
2.74
+3%
|
2.83
+3%
|
3.24
+14%
|
3.43
+6%
|
5.9
+72%
|
5.74
-3%
|
5.38
-6%
|
5.28
-2%
|
4.87
-8%
|
5.13
+5%
|
5.05
-2%
|
5.29
+5%
|
3.14
-41%
|
3.09
-2%
|
3.52
+14%
|
3.51
0%
|
4
+14%
|
4.34
+9%
|
10.62
+145%
|
10.81
+2%
|
10.39
-4%
|
9.99
-4%
|
3.16
-68%
|
3.31
+5%
|
4.76
+44%
|
4.88
+3%
|
7.09
+45%
|
8.53
+20%
|
7.9
-7%
|
8.68
+10%
|
5.87
-32%
|