Novartis AG Registered Shares

NOVN: XSWX (CHE)

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Novartis Earnings: Portfolio Growth Mostly Offsetting Declines From Generics Erosion

Jay Lee

Feb 5, 2026

In the fourth quarter, Novartis' net sales declined 1% at constant currency, and core operating income grew 1%. Management announced 2026 guidance for low-single-digit growth in sales but a low-single-digit decline in core operating income.

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Novartis AG Registered Shares

Novartis Earnings: Portfolio Growth Mostly Offsetting Declines From Generics Erosion

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