Income tax expense · 2015–2025
Novo Nordisk A S income tax expense
$4.3B+11.9% · FY2025
Novo Nordisk A S (NVO) reported $4.3B in income tax expense for fiscal 2025, +11.9% year on year.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $4.3B | +11.9% | Open → |
| FY20242024-12-31 | $3.8B | +24.8% | Open → |
| FY20232023-12-31 | $3.0B | +59.0% | Open → |
| FY20222022-12-31 | $1.9B | +6.4% | Open → |
| FY20212021-12-31 | $1.8B | +6.9% | Open → |
| FY20202020-12-31 | $1.7B | +17.0% | Open → |
| FY20192019-12-31 | $1.4B | +1.1% | Open → |
| FY20182018-12-31 | $1.4B | −11.1% | Open → |
| FY20172017-12-31 | $1.6B | +9.2% | Open → |
| FY20162016-12-31 | $1.5B | +14.4% | Open → |
| FY20152015-12-31 | $1.3B | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +12.7%
Figures are reported under IFRS in DKK and converted to US dollars at ECB reference rates — fiscal 2025 average 6.605 DKK/$ for income items, year-end 6.357 DKK/$ for balance-sheet items.
Income tax expense at companies of similar size
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Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
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CompaniesRanked. (September 25, 2026). Novo Nordisk A S income tax expense. CompaniesRanked. https://companiesranked.com/en/company/novo-nordisk-a-s/income-tax-expenseBibTeX
@misc{companiesranked-en-company-novo-nordisk-a-s-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Novo Nordisk A S income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/novo-nordisk-a-s/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 20-F · 0000353278-26-000012 · February 4, 2026
{{cite web |title=Novo Nordisk A S income tax expense — 20-F (0000353278-26-000012) |url=https://www.sec.gov/Archives/edgar/data/353278/000035327826000012/nvo-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-04}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.