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Novartis is a Swiss pharmaceutical company focused on innovative medicines across areas such as oncology, immunology, cardiovascular, renal, metabolism, neuroscience, and established brands. Because the company has changed meaningfully in recent years, especially after the Sandoz spin-off, the cleanest 2026 update is to focus on the latest continuing Novartis business rather than older conglomerate-era framing.
Quick Answer: Novartis generated $50.3 billion in net sales in 2024 and $11.9 billion in net income from continuing operations. The company employed about 75,883 full-time equivalent employees at year-end 2024.
Key Novartis Metrics
| Metric | Figure | Year |
|---|---|---|
| Net sales | $50.3 billion | 2024 |
| Net income from continuing operations | $11.9 billion | 2024 |
| Employees (FTE) | 75,883 | 2024 |
| Patients reached | 250+ million | 2024 |
About Novartis
Novartis is one of the largest pharmaceutical companies in the world and now has a more focused structure than it did several years ago. The company’s current reporting centers on innovative medicines rather than the broader old mix that included major generics exposure.
Novartis Revenue Statistics
- 2024: $50.3 billion
- 2023: $45.4 billion continuing operations / $51.8 billion total company under older presentation
- 2022: $50.545 billion
- 2021: $51.626 billion
- 2020: $48.659 billion
- 2019: $47.445 billion
- 2018: $44.751 billion
- 2017: $42.338 billion
- 2016: $41.975 billion
- 2015: $42.641 billion
Novartis Profitability Facts
- 2024 net income from continuing operations: $11.9 billion
- 2023 total company net income: $7.2 billion
- 2022: $6.955 billion
Why the Numbers Need Context
Novartis has changed its business mix over time, and more recent reports reflect the post-Sandoz structure. That means older totals are still useful for historical context, but recent performance should be read in light of the company’s more focused pharmaceutical profile.
FAQ
How many employees does Novartis have?
Novartis reported about 75,883 full-time equivalent employees at the end of 2024.
What was Novartis revenue in 2024?
Novartis reported $50.3 billion in net sales in 2024.
How profitable is Novartis?
Net income from continuing operations was $11.9 billion in 2024.
How many patients does Novartis reach?
The company says its medicines reached more than 250 million patients in 2024.
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