Financial Statements — NVS
Balance Sheet
(in billions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Cash & Equivalents | 6.66 | 7.90 | 10.89 | 3.63 | 5.12 |
| Inventory | 6.31 | 5.75 | 8.23 | 6.88 | 7.11 |
| Total Current Assets | 25.94 | 25.69 | 33.49 | 38.14 | 23.81 |
| Goodwill | 25.55 | 25.23 | 29.52 | 29.11 | 29.77 |
| Total Non-current Assets | 78.46 | 71.81 | 77.49 | 84.77 | 100.21 |
| Total Assets | 104.40 | 97.51 | 110.98 | 122.91 | 124.02 |
| Total Current Liabilities | 31.71 | 27.61 | 31.91 | 27.65 | 29.63 |
| Total Non-current Liabilities | 30.63 | 27.99 | 27.14 | 32.26 | 40.25 |
| Total Liabilities | 62.34 | 55.60 | 59.05 | 59.90 | 69.89 |
| Total Stockholder Equity | 42.05 | 41.90 | 51.93 | 63.01 | 54.13 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Gross Profit | 11.51 | 9.70 | 9.60 | 9.33 | 9.38 |
| Research & Development | 2.73 | 2.37 | 2.53 | 2.50 | 2.40 |
| Selling, General & Admin | 3.44 | 3.09 | 3.69 | 3.58 | 3.75 |
| Total Operating Expenses* | 6.65 | 5.69 | 6.68 | 7.11 | 5.90 |
| Operating Income | 4.86 | 4.01 | 2.92 | 2.23 | 3.48 |
| Interest Expense | 0.29 | 0.25 | 0.22 | 0.20 | 0.20 |
| Pretax Income | 4.53 | 3.84 | 2.77 | 2.04 | 3.51 |
| Tax Provision | 0.51 | 0.60 | 0.45 | 0.35 | 0.61 |
| Net Income | 4.02 | 3.25 | 2.32 | 1.70 | 2.90 |
| Basic EPS | 2.07 | 1.60 | 1.11 | 0.77 | 1.29 |
| Diluted EPS | 2.06 | 1.59 | 1.11 | 0.77 | 1.28 |
* Derived from reported values
Cash Flow Statement
(in billions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Operating Cash Flow | 6.66 | 4.88 | 3.58 | 3.76 | 4.13 |
| Investing Cash Flow | (2.24) | (3.21) | (1.05) | (11.63) | 0.10 |
| Financing Cash Flow | (5.21) | (3.20) | (3.64) | (2.30) | (2.94) |
