This statistic was assembled from several editions of Novartis' annual report. * During this year, the eye care division Alcon was spun off and became an own company. ** During this year, the generics division Sandoz was spun off and became an own company.
Novartis AG, one of the world’s top pharmaceutical companies, reported a high net income of nearly 14 billion U.S. dollars in 2025. However, in 2021, the net income was even higher, at a record high of 24 billion dollars.Â
Novartis revenue and expenses
Being a Swiss-based company, Novartis generated around one-third of its revenue, namely 16 billion U.S. dollars, in Europe in 2025. With approximately 23 billion U.S. dollars, the United States was the company's most important market in that year. Novartis AG made 37 billion U.S. dollars from its branded pharmaceuticals ("Promoted brands") segment that year, the company’s largest segment.
Novartis spun off its generic drugs division, Sandoz, in mid-2023, while eye care division Alcon was spun off in late April 2019. The company spends most of its resources on SG&A (selling, general, and administration): expenses for this category reached around 12.6 billion U.S. dollars in 2024. Research and development expenditures amounted to some 10 billion U.S. dollars in the same year.
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Novartis. (February 3, 2026). Novartis AG's net income from 2007 to 2025 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 14, 2026, from /statistics/278101/novartis-ags-net-income/
Novartis. "Novartis AG's net income from 2007 to 2025 (in billion U.S. dollars)." Chart. February 3, 2026. ÌÇÐÄÆÆ½â°æ. Accessed July 14, 2026. /statistics/278101/novartis-ags-net-income/
Novartis. (2026). Novartis AG's net income from 2007 to 2025 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 14, 2026. /statistics/278101/novartis-ags-net-income/
Novartis. "Novartis Ag's Net Income from 2007 to 2025 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Feb 2026, /statistics/278101/novartis-ags-net-income/
Novartis, Novartis AG's net income from 2007 to 2025 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/278101/novartis-ags-net-income/ (last visited July 14, 2026)
Novartis AG's net income from 2007 to 2025 (in billion U.S. dollars) [Graph], Novartis, February 3, 2026. [Online]. Available: /statistics/278101/novartis-ags-net-income/