Novartis AG
NVSNYSEPharmaceutical PreparationsFiscal year ends December 31Also trades as NVSEF
$161.52+0.73 (+0.45%)
Close on Nov 2, 2026Market cap $308.21BP/E 22.6Yield –
Novartis Research & Development: $11,200M in FY2025, up 11.8% from a year earlier.
Latest, FY2025
11,200
Period ended Dec 31, 2025
Change on a year earlier
+11.8%
10,022 in FY2024
History
11 years
Since FY2015
Sources
6
Documents cited below
Where the FY2025 figure comes from
Source: Novartis 20-F (0001114448-26-000004, filed 2026-02-04) ↗
Reported in Postgres DB + Form 6-K.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Research & Development ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11,200 | +11.8% | Novartis 20-F (0001114448-26-000004, filed 2026-02-04) ↗ |
| FY2024 | Dec 31, 2024 | 10,022 | -11.9% | Novartis 20-F (0001370368-25-000004, filed 2025-01-31) ↗ |
| FY2023 | Dec 31, 2023 | 11,371 | +24.0% | Novartis 20-F (0001370368-24-000004, filed 2024-01-31) ↗ |
| FY2022 | Dec 31, 2022 | 9,172 | +6.1% | Novartis 20-F (0001370368-24-000004, filed 2024-01-31) ↗ |
| FY2021 | Dec 31, 2021 | 8,641 | -3.8% | Novartis 20-F (0001370368-24-000004, filed 2024-01-31) ↗ |
| FY2020 | Dec 31, 2020 | 8,980 | -4.5% | Novartis 20-F (0001370368-21-000006, filed 2021-01-26) ↗ |
| FY2019 | Dec 31, 2019 | 9,402 | +10.8% | Novartis 20-F (0001370368-20-000003, filed 2020-01-29) ↗ |
| FY2018 | Dec 31, 2018 | 8,489 | +1.2% | Novartis 20-F (0001370368-20-000003, filed 2020-01-29) ↗ |
| FY2017 | Dec 31, 2017 | 8,389 | -7.2% | Novartis 20-F (0001370368-20-000003, filed 2020-01-29) ↗ |
| FY2016 | Dec 31, 2016 | 9,039 | +1.2% | Novartis 6-K (0001370368-18-000005, filed 2018-01-24) ↗ |
| FY2015 | Dec 31, 2015 | 8,935 | – | Novartis 6-K (0001370368-18-000005, filed 2018-01-24) ↗ |
Cite this data
StockData. (2026). Novartis Research & Development ($M), annual FY2015–FY2025 [Data set]. Compiled from Novartis SEC filings and investor materials. https://stockdatahq.com/stocks/nvs/kpis/db-is-rd
See every metric in the Novartis KPI table. Data updated Nov 2, 2026.