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 | Q2 2026 | Q4 2025 | Q2 2025 |
|---|---|---|---|
| Total assets | 22,794 | 22,032 | 21,611 |
| Current assets | 8,788 | 8,165 | 8,374 |
| Cash and equivalents | 1,250 | 1,739 | 1,389 |
| Inventory | 2,786 | 2,845 | 3,077 |
| Net property, plant and equipment | 2,831 | 2,780 | 2,330 |
| Goodwill | 7,890 | 8,014 | 7,979 |
| Other intangible assets | 1,893 | 1,867 | 1,682 |
| Current liabilities | 8,341 | 6,895 | 6,477 |
| Accounts payable | 1,910 | 1,850 | 1,753 |
| Long-term debt | 4,465 | 4,695 | 5,201 |
| Total debt | 6,203 | 5,683 | 5,693 |
| Total liabilities | 13,793 | 12,647 | 12,790 |
| Total equity (incl. minority) | 9,001 | 9,385 | 8,821 |
| Minority interest | 1.0 | 1.0 | 1.0 |