Novartis Q4 2025 Earnings Call Highlights: Strong Full-Year Growth Amidst Q4 Challenges

Wednesday, Feb 4, 2026 2:09 pm ET1min read
NVS--

Novartis AG reported an 8% increase in full-year sales and a 14% rise in core operating income. Key growth drivers like KISQALI, KESIMPTA, SCEMBLIX, and PLUVICTO showed significant sales increases. However, Q4 sales declined, and the company expects low single-digit sales growth and a decline in core operating income for 2026 due to generic competition and the Avidity deal causing a 1% to 2% core margin dilution.

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