Sandoz Group revenue and financials
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In the fiscal year ended December 2025, Sandoz Group reported revenue of $11.16B (+7.44% year over year). Net income was $914M, a net margin of 8.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.44%
- 2025 vs 2024
- Net margin
- 8.2%
- 2024: 0.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | 22,032 | 19,907 | 19,430 | 17,557 |
| Current assets | 8,165 | 7,801 | 7,572 | 5,976 |
| Cash and equivalents | 1,739 | 1,191 | 1,109 | 74.0 |
| Inventory | 2,845 | 2,800 | 2,700 | 2,124 |
| Net property, plant and equipment | 2,780 | 1,988 | 1,850 | 1,904 |
| Goodwill | 8,014 | 7,469 | 7,589 | 7,437 |
| Other intangible assets | 1,867 | 1,475 | 1,562 | 1,454 |
| Current liabilities | 6,895 | 6,307 | 5,698 | 7,914 |
| Accounts payable | 1,850 | 1,519 | 1,593 | 1,100 |
| Long-term debt | 4,695 | 4,390 | 3,975 | 30.0 |
| Total debt | 5,683 | 4,853 | 4,553 | 333 |
| Total liabilities | 12,647 | 11,743 | 10,776 | 8,797 |
| Total equity (incl. minority) | 9,385 | 8,164 | 8,654 | 8,760 |
| Retained earnings | — | — | — | -0.0 |
| Minority interest | 1.0 | 1.0 | 9.0 | 12.0 |