NOVO NORDISK A S (NVO) Income statement
Top 20 of 24 line items reported by NVO · 250+ in the full API →
NOVO NORDISK A S (NVO) · Income Statement
Consolidated Statements of Operations
Annual · In millions USD, except per-share data · Latest filed Feb 4, 2026 · FY ends Dec 31
| Fiscal Years Ended | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Revenue | $309,064 | $290,403 | $232,261 | $176,954 | |
| Cost of Revenue | 58,788 | 44,522 | 35,765 | 28,448 | |
| Gross Profit | $250,276 | $245,881 | $196,496 | $148,506 | |
| Other Operating Expenses | 122,618 | 117,542 | 93,922 | 73,697 | |
| Total Operating Expenses | 110,827 | 92,584 | 68,208 | 52,495 | |
| Operating Income | $127,658 | $128,339 | $102,574 | $74,809 | |
| EBIT (Earnings Before Interest & Tax) | 127,658 | 128,339 | 102,574 | 74,809 | |
| Add: Depreciation & Amortization | 14,666 | 8,545 | 7,289 | 6,553 | |
| EBITDA (Non-GAAP) | $142,324 | $136,884 | $109,863 | $81,362 | |
| Interest Expense | -4,207 | -1,640 | -542 | -378 | |
| Non-Operating Income (Expense) | $(4,207) | $(1,640) | $(542) | $(378) | |
| Income Before Taxes (EBT) | $130,540 | $127,191 | $104,674 | $69,062 | |
| Provision for Income Taxes | 28,106 | 26,203 | 20,991 | 13,537 | |
| Effective Tax Rate | 21.5% | 20.6% | 20.1% | 19.6% | |
| Net Income | $102,434 | $100,988 | $83,683 | $55,525 | |
| Shares Outstanding | 4,443 | 4,454 | 4,483 | 4,531 | |
| Diluted Shares Outstanding | 4,448 | 4,463 | 4,495 | 4,545 | |
| Basic Earnings Per Share | $23.06 | $22.67 | $18.67 | $12.26 | |
| Diluted Earnings Per Share | $23.03 | $22.63 | $18.62 | $12.22 | |
| Gross Margin | 81% | 84.7% | 84.6% | 83.9% | |
4 more line items available via the API
Research & DevelopmentOperating MarginOther OpEx MarginNet Margin
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