Novartis AGNVSNYSE
Loading
R&D Expense Growth Under PressureDecelerating
Percentile Rank36
Studio
Year-over-Year Change

Year-over-year research & development expense growth

Percentile
P36
Within normal range
vs 5Y Ago
-0.4x
Contraction
Streak
2 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-3.64%
Q3 20257.96%
Q2 202515.26%
Q1 2025-16.75%
Q4 202418.81%
Q3 20241.06%
Q2 2024-2.23%
Q1 2024-5.69%
Q4 2023-34.60%
Q3 202370.36%
Q2 2023-10.52%
Q1 20235.45%
Q4 2022-3.93%
Q3 20221.76%
Q2 20227.67%
Q1 2022-3.69%
Q4 20211.22%
Q3 2021-0.83%
Q2 20212.08%
Q1 20210.77%
Q4 20208.71%
Q3 2020-12.09%
Q2 202018.50%
Q1 2020-27.80%
Q4 201929.74%
Q3 20197.22%
Q2 2019-10.79%
Q1 2019-4.17%
Q4 201811.74%
Q3 20180.99%
Q2 20187.27%
Q1 2018-20.78%
Q4 201711.75%
Q3 20178.58%
Q2 2017-4.93%
Q1 2017-16.06%
Q4 201616.19%
Q3 20161.55%
Q2 20167.30%
Q1 2016-17.44%