Revenue · 2015–2025

Novo Nordisk A S revenue

$46.8B+11.0% · FY2025

Novo Nordisk A S (NVO) reported $46.8B in revenue for fiscal 2025, +11.0% year on year.

$16.1B2015$16.6B2016$17.0B2017$17.7B2018$18.3B2019$19.5B2020$22.4B2021$25.0B2022$33.7B2023$42.1B2024$46.8B2025
Novo Nordisk A S — Revenue, 2015–2025
Fiscal yearRevenueChangeFiling
FY20252025-12-31$46.8B+11.0%Open →
FY20242024-12-31$42.1B+25.0%Open →
FY20232023-12-31$33.7B+34.6%Open →
FY20222022-12-31$25.0B+11.9%Open →
FY20212021-12-31$22.4B+15.1%Open →
FY20202020-12-31$19.5B+6.3%Open →
FY20192019-12-31$18.3B+3.3%Open →
FY20182018-12-31$17.7B+4.5%Open →
FY20172017-12-31$17.0B+2.1%Open →
FY20162016-12-31$16.6B+3.5%Open →
FY20152015-12-31$16.1B—Open →

Revenue — Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +11.3%

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.

Revenue at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Novo Nordisk A S revenue |url=https://companiesranked.com/en/company/novo-nordisk-a-s/revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Novo Nordisk A S revenue. CompaniesRanked. https://companiesranked.com/en/company/novo-nordisk-a-s/revenue

BibTeX

@misc{companiesranked-en-company-novo-nordisk-a-s-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Novo Nordisk A S revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/novo-nordisk-a-s/revenue}},
  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 revenue — 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}}

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