Novartis' revenue 2007-2019

In 2019, the Swiss pharmaceutical company Novartis AG’s total revenue amounted to just over 47 billion U.S. dollars. This is a decrease of some four billion U.S. dollars compared to the year before.

Novartis’ revenue by segment

Between 2014 and 2019, the multinational corporation, based in Basel, Switzerland, generated the bulk of its revenue through pharmaceuticals (innovative medicines): in 2019, the company made 38.5 billion U.S. dollars from this segment. That year Novartis generated close to 20 percent of its revenue from its generic drug division (Sandoz).

Competitor Sanofi

Another global leader in the world of healthcare and pharmaceuticals is Sanofi, which is based in Paris, France. In 2018, the French company generated about 34.5 billion euros' worth of revenue. That same year, the majority of Sanofi’s revenue was earned through pharmaceuticals (roughly 24.6 billion euros), while the vaccine business segment generated just over 5.1 billion.

Novartis AG's total revenue from 2007 to 2019

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Release date

January 2020



Survey time period

2007 to 2019

Supplementary notes

This statistic was assembled from several editions of Novartis' annual report.
* With the 2015 Annual Report, values back to 2011 were restated, as a result of a series of transactions during 2015.
** During this year, eye care division Alcon was spun off and became an own company. Thus, Alcon's revenues are not included.

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