Income Statement - NOVO NORDISK A S (NVO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 309,064.00 | 290,403.00 | 232,261.00 | 176,954.00 | 140,800.00 | 126,946.00 | 122,021.00 | 111,831.00 | 111,696.00 | 111,780.00 | 107,927.00 | 88,806.00 | 83,572.00 | 78,026.00 | 66,346.00 | 60,776.00 | 51,078.00 | 45,666.12 | 41,888.77 | 38,751.82 |
| Cost of revenue | 58,788.00 | 44,522.00 | 35,765.00 | 28,448.00 | 23,658.00 | 20,932.00 | 20,088.00 | 17,617.00 | 17,632.00 | 17,183.00 | 16,188.00 | 14,562.00 | 14,140.00 | 13,465.00 | 12,589.00 | 11,680.00 | 10,438.00 | 10,131.39 | 9,803.54 | 9,589.07 |
| Gross profit | 250,276.00 | 245,881.00 | 196,496.00 | 148,506.00 | 117,142.00 | 106,014.00 | 101,933.00 | 94,214.00 | 94,064.00 | 94,597.00 | 91,739.00 | 74,244.00 | 69,432.00 | 64,561.00 | 53,757.00 | 49,096.00 | 40,640.00 | 35,534.74 | 32,085.24 | 29,162.75 |
| Total operating expenses | 122,618.00 | 117,542.00 | 93,922.00 | 73,697.00 | 58,498.00 | 51,888.00 | 49,450.00 | 46,966.00 | 45,097.00 | 46,165.00 | 42,295.00 | 39,752.00 | 37,939.00 | 35,087.00 | 31,383.00 | 30,205.00 | 25,707.00 | 23,129.94 | 23,130.62 | 20,042.68 |
| Operating income | 127,658.00 | 128,339.00 | 102,574.00 | 74,809.00 | 58,644.00 | 54,126.00 | 52,483.00 | 47,248.00 | 48,967.00 | 48,432.00 | 49,444.00 | 34,492.00 | 31,493.00 | 29,474.00 | 22,374.00 | 18,891.00 | 14,933.00 | 12,404.80 | 8,954.61 | 9,120.07 |
| Non-operating income (net) | 2,882.00 | -1,148.00 | 2,100.00 | -5,747.00 | 436.00 | -996.00 | -3,930.00 | 367.00 | -287.00 | -634.00 | -5,961.00 | -396.00 | 1,046.00 | -1,663.00 | -449.00 | -605.00 | -945.00 | 320.95 | 2,030.26 | 45.21 |
| Income before tax | 130,540.00 | 127,191.00 | 104,674.00 | 69,062.00 | 59,080.00 | 53,130.00 | 48,553.00 | 47,615.00 | 48,680.00 | 47,798.00 | 43,483.00 | 34,096.00 | 32,539.00 | 27,811.00 | 21,925.00 | 18,286.00 | 13,988.00 | 12,725.75 | 10,984.87 | 9,165.27 |
| Income tax expense | 28,106.00 | 26,203.00 | 20,991.00 | 13,537.00 | 11,323.00 | 10,992.00 | 9,602.00 | 8,987.00 | 10,550.00 | 9,873.00 | 8,623.00 | 7,615.00 | 7,355.00 | 6,379.00 | 4,828.00 | 3,883.00 | 3,220.00 | 3,059.74 | 2,454.72 | 2,712.29 |
| Net income | 102,434.00 | 100,988.00 | 83,683.00 | 55,525.00 | 47,757.00 | 42,138.00 | 38,951.00 | 38,628.00 | 38,130.00 | 37,925.00 | 34,860.00 | 26,481.00 | 25,184.00 | 21,432.00 | 17,097.00 | 14,403.00 | 10,768.00 | 9,666.00 | 8,535.27 | 6,452.99 |
Show Quarterly Income Statement
Income Statement - NOVO NORDISK A S (NVO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 96,823.00 | 79,144.00 | 74,976.00 | 76,857.00 | 78,087.00 | 85,683.00 | 71,311.00 | 68,060.00 | 65,349.00 | 65,863.00 | 58,731.00 | 54,300.00 | 53,367.00 | 48,092.00 | 45,566.00 | 41,265.00 | 42,031.00 | 38,333.00 | 35,622.00 | 33,041.00 | 33,804.00 | 32,138.00 | 30,927.00 | 30,006.00 | 33,875.00 | 32,417.00 | 30,277.00 | 30,036.00 | 29,291.00 | 29,732.00 | 27,762.00 | 27,407.00 | 26,930.00 | 27,992.00 | 26,614.00 | 28,638.00 | 28,452.00 | 29,572.00 | 27,537.00 | 27,459.00 | 27,212.00 | 28,876.00 | 26,792.00 | 27,059.00 | 25,200.00 | 24,585.00 | 22,249.00 | 21,629.00 | 20,343.00 | 21,698.00 | 20,511.00 | 21,380.00 | 19,983.00 | 20,962.00 | 19,845.00 | 19,468.00 | 17,751.00 | 18,120.00 | 16,532.00 | 16,001.00 | 15,693.00 | 16,124.00 | 15,584.00 | 15,394.00 | 13,674.00 | 13,062.00 | 12,517.00 | 13,001.00 | 12,498.00 | 12,723.75 | 11,246.00 | 11,113.66 | 10,614.00 | 11,015.03 | 10,498.43 | 10,567.13 | 9,816.94 | 10,482.88 | 9,587.68 | 9,731.28 | 8,951.04 |
| Cost of revenue | 13,598.00 | 15,148.00 | 17,904.00 | 12,846.00 | 12,890.00 | 13,024.00 | 11,308.00 | 10,274.00 | 9,916.00 | 10,014.00 | 9,713.00 | 7,856.00 | 8,182.00 | 8,262.00 | 7,200.00 | 6,069.00 | 6,917.00 | 6,241.00 | 6,059.00 | 5,547.00 | 5,811.00 | 5,619.00 | 5,155.00 | 4,772.00 | 5,386.00 | 5,432.00 | 5,075.00 | 4,849.00 | 4,732.00 | 4,653.00 | 4,415.00 | 4,352.00 | 4,197.00 | 4,700.00 | 4,272.00 | 4,409.00 | 4,251.00 | 4,918.00 | 3,986.00 | 4,045.00 | 4,234.00 | 4,608.00 | 3,847.00 | 3,859.00 | 3,874.00 | 3,999.00 | 3,426.00 | 3,671.00 | 3,466.00 | 3,400.00 | 3,525.00 | 3,606.00 | 3,609.00 | 3,153.00 | 3,485.00 | 3,424.00 | 3,403.00 | 3,122.00 | 3,251.00 | 3,099.00 | 3,117.00 | 3,085.00 | 2,936.00 | 2,969.00 | 2,690.00 | 2,635.00 | 2,685.00 | 2,610.00 | 2,508.00 | 2,564.33 | 2,606.00 | 2,554.48 | 2,413.00 | 2,611.33 | 2,512.31 | 2,359.87 | 2,321.69 | 2,583.59 | 2,341.04 | 2,253.31 | 2,413.21 |
| Gross profit | 83,225.00 | 63,996.00 | 57,072.00 | 64,011.00 | 65,197.00 | 72,659.00 | 60,003.00 | 57,786.00 | 55,433.00 | 55,849.00 | 49,018.00 | 46,444.00 | 45,185.00 | 39,830.00 | 38,366.00 | 35,196.00 | 35,114.00 | 32,092.00 | 29,563.00 | 27,494.00 | 27,993.00 | 26,519.00 | 25,772.00 | 25,234.00 | 28,489.00 | 26,985.00 | 25,202.00 | 25,187.00 | 24,559.00 | 25,079.00 | 23,347.00 | 23,055.00 | 22,733.00 | 23,292.00 | 22,342.00 | 24,229.00 | 24,201.00 | 24,654.00 | 23,551.00 | 23,414.00 | 22,978.00 | 24,268.00 | 22,945.00 | 23,200.00 | 21,326.00 | 20,586.00 | 18,823.00 | 17,958.00 | 16,877.00 | 18,298.00 | 16,986.00 | 17,774.00 | 16,374.00 | 17,809.00 | 16,360.00 | 16,044.00 | 14,348.00 | 14,998.00 | 13,281.00 | 12,902.00 | 12,576.00 | 13,039.00 | 12,648.00 | 12,425.00 | 10,984.00 | 10,427.00 | 9,832.00 | 10,391.00 | 9,990.00 | 10,159.42 | 8,640.00 | 8,559.18 | 8,201.00 | 8,403.70 | 7,986.12 | 8,207.27 | 7,495.26 | 7,899.28 | 7,246.64 | 7,477.97 | 6,537.83 |
| Total operating expenses | 23,607.00 | 32,260.00 | 33,390.00 | 30,562.00 | 26,406.00 | 35,922.00 | 26,181.00 | 31,852.00 | 23,587.00 | 29,083.00 | 22,105.00 | 22,556.00 | 20,178.00 | 22,743.00 | 18,182.00 | 16,805.00 | 15,967.00 | 18,458.00 | 14,314.00 | 12,715.00 | 13,011.00 | 15,341.00 | 12,964.00 | 11,396.00 | 12,187.00 | 15,112.00 | 12,283.00 | 11,735.00 | 10,320.00 | 14,296.00 | 11,534.00 | 10,851.00 | 10,285.00 | 13,245.00 | 10,298.00 | 10,843.00 | 10,711.00 | 13,448.00 | 11,131.00 | 10,917.00 | 10,669.00 | 13,143.00 | 10,965.00 | 10,718.00 | 7,469.00 | 11,429.00 | 10,254.00 | 9,225.00 | 8,844.00 | 10,944.00 | 8,994.00 | 9,189.00 | 8,812.00 | 10,237.00 | 8,496.00 | 8,391.00 | 7,963.00 | 8,917.00 | 7,671.00 | 7,637.00 | 7,158.00 | 8,695.00 | 7,524.00 | 7,384.00 | 6,602.00 | 7,208.00 | 6,018.00 | 6,301.00 | 6,180.00 | 6,746.13 | 5,316.00 | 5,710.86 | 5,372.00 | 7,262.84 | 5,306.67 | 5,396.33 | 5,167.99 | 5,796.45 | 4,740.90 | 4,845.21 | 4,654.05 |
| Operating income | 59,618.00 | 31,736.00 | 23,682.00 | 33,449.00 | 38,791.00 | 36,737.00 | 33,822.00 | 25,934.00 | 31,846.00 | 26,766.00 | 26,913.00 | 23,888.00 | 25,007.00 | 17,087.00 | 20,184.00 | 18,391.00 | 19,147.00 | 13,634.00 | 15,249.00 | 14,779.00 | 14,982.00 | 11,178.00 | 12,808.00 | 13,838.00 | 16,302.00 | 11,873.00 | 12,919.00 | 13,452.00 | 14,239.00 | 10,783.00 | 11,813.00 | 12,204.00 | 12,448.00 | 10,047.00 | 12,044.00 | 13,386.00 | 13,490.00 | 11,206.00 | 12,420.00 | 12,497.00 | 12,309.00 | 11,125.00 | 11,980.00 | 12,482.00 | 13,857.00 | 9,157.00 | 8,569.00 | 8,733.00 | 8,033.00 | 7,354.00 | 7,992.00 | 8,585.00 | 7,562.00 | 7,572.00 | 7,864.00 | 7,653.00 | 6,385.00 | 6,081.00 | 5,610.00 | 5,265.00 | 5,418.00 | 4,344.00 | 5,124.00 | 5,041.00 | 4,382.00 | 3,219.00 | 3,814.00 | 4,090.00 | 3,810.00 | 3,413.29 | 3,324.00 | 2,848.32 | 2,829.00 | 1,140.86 | 2,679.45 | 2,810.93 | 2,327.27 | 2,102.83 | 2,505.74 | 2,632.76 | 1,883.78 |
| Non-operating income (net) | 2,554.00 | 2,449.00 | 1,835.00 | 356.00 | -1,758.00 | -1,180.00 | 562.00 | -602.00 | 72.00 | 854.00 | 1,150.00 | 366.00 | -270.00 | -771.00 | -2,152.00 | -1,596.00 | -1,228.00 | -521.00 | -137.00 | 138.00 | 956.00 | 824.00 | -117.00 | -422.00 | -1,281.00 | -794.00 | -812.00 | -1,307.00 | -1,017.00 | -413.00 | -675.00 | 294.00 | 1,161.00 | 524.00 | 418.00 | -743.00 | -486.00 | -264.00 | -119.00 | 105.00 | -356.00 | -811.00 | -1,844.00 | -1,934.00 | -1,372.00 | -805.00 | -115.00 | 256.00 | 268.00 | 436.00 | 307.00 | 96.00 | 207.00 | -120.00 | -505.00 | -710.00 | -328.00 | -270.00 | -154.00 | 103.00 | -128.00 | 361.00 | -468.00 | -433.00 | -65.00 | -227.00 | -207.00 | -206.00 | -305.00 | -303.90 | 182.00 | 402.84 | 39.00 | 223.07 | 177.59 | 1,584.25 | 44.65 | 304.01 | 29.41 | -140.10 | -153.90 |
| Income before tax | 62,172.00 | 34,185.00 | 25,517.00 | 33,805.00 | 37,033.00 | 35,557.00 | 34,384.00 | 25,332.00 | 31,918.00 | 27,620.00 | 28,063.00 | 24,254.00 | 24,737.00 | 16,316.00 | 18,032.00 | 16,795.00 | 17,919.00 | 13,113.00 | 15,112.00 | 14,917.00 | 15,938.00 | 12,002.00 | 12,691.00 | 13,416.00 | 15,021.00 | 11,079.00 | 12,107.00 | 12,145.00 | 13,222.00 | 10,370.00 | 11,138.00 | 12,498.00 | 13,609.00 | 10,571.00 | 12,462.00 | 12,643.00 | 13,004.00 | 10,942.00 | 12,301.00 | 12,602.00 | 11,953.00 | 10,314.00 | 10,136.00 | 10,548.00 | 12,485.00 | 8,352.00 | 8,454.00 | 8,989.00 | 8,301.00 | 7,790.00 | 8,299.00 | 8,681.00 | 7,769.00 | 7,452.00 | 7,359.00 | 6,943.00 | 6,057.00 | 5,811.00 | 5,456.00 | 5,368.00 | 5,290.00 | 4,705.00 | 4,656.00 | 4,608.00 | 4,317.00 | 2,992.00 | 3,607.00 | 3,884.00 | 3,505.00 | 3,109.39 | 3,506.00 | 3,251.16 | 2,868.00 | 1,363.92 | 2,857.04 | 4,395.18 | 2,371.92 | 2,406.84 | 2,535.15 | 2,492.66 | 1,729.88 |
| Income tax expense | 13,615.00 | 7,294.00 | 5,511.00 | 7,302.00 | 7,999.00 | 7,327.00 | 7,083.00 | 5,282.00 | 6,511.00 | 5,657.00 | 5,585.00 | 4,826.00 | 4,923.00 | 2,724.00 | 3,627.00 | 3,477.00 | 3,709.00 | 2,221.00 | 2,993.00 | 2,794.00 | 3,315.00 | 2,684.00 | 2,393.00 | 2,791.00 | 3,124.00 | 2,362.00 | 1,913.00 | 2,550.00 | 2,777.00 | 1,873.00 | 2,101.00 | 2,155.00 | 2,858.00 | 2,318.00 | 2,692.00 | 2,692.00 | 2,848.00 | 2,243.00 | 2,498.00 | 2,634.00 | 2,498.00 | 2,056.00 | 1,753.00 | 2,205.00 | 2,609.00 | 1,823.00 | 1,954.00 | 1,995.00 | 1,843.00 | 1,737.00 | 1,884.00 | 1,947.00 | 1,787.00 | 1,697.00 | 1,692.00 | 1,597.00 | 1,393.00 | 1,122.00 | 1,255.00 | 1,234.00 | 1,217.00 | 759.00 | 1,071.00 | 1,060.00 | 993.00 | 669.00 | 852.00 | 893.00 | 806.00 | 750.97 | 842.00 | 781.99 | 688.00 | 375.93 | 673.78 | 742.62 | 664.14 | 683.00 | 758.78 | 747.21 | 517.12 |
| Net income | 48,557.00 | 26,891.00 | 20,006.00 | 26,503.00 | 29,034.00 | 28,230.00 | 27,301.00 | 20,050.00 | 25,407.00 | 21,963.00 | 22,478.00 | 19,428.00 | 19,814.00 | 13,592.00 | 14,405.00 | 13,318.00 | 14,210.00 | 10,892.00 | 12,119.00 | 12,123.00 | 12,623.00 | 9,318.00 | 10,298.00 | 10,625.00 | 11,897.00 | 8,717.00 | 10,194.00 | 9,595.00 | 10,445.00 | 8,497.00 | 9,037.00 | 10,343.00 | 10,751.00 | 8,253.00 | 9,770.00 | 9,951.00 | 10,156.00 | 8,699.00 | 9,803.00 | 9,968.00 | 9,455.00 | 8,258.00 | 8,383.00 | 8,343.00 | 9,876.00 | 6,529.00 | 6,500.00 | 6,994.00 | 6,458.00 | 6,053.00 | 6,415.00 | 6,734.00 | 5,982.00 | 5,755.00 | 5,667.00 | 5,346.00 | 4,664.00 | 4,689.00 | 4,201.00 | 4,134.00 | 4,073.00 | 3,946.00 | 3,585.00 | 3,548.00 | 3,324.00 | 2,323.00 | 2,755.00 | 2,991.00 | 2,699.00 | 2,358.42 | 2,664.00 | 2,473.92 | 2,180.00 | 993.11 | 2,183.26 | 3,652.56 | 1,707.78 | 1,723.85 | 1,776.37 | 1,745.44 | 1,212.76 |