Net Income for Novo Nordisk (NVO)
According to Novo Nordisk's latest reported financial statements, the company's current net income (TTM) is $102.43B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NVO
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$102.43B
YoY change
+1.4%
5Y CAGR
+19.4%
Peak year (2025)
$102.43B
Cumulative net income
$807.08B
Net Income history chart for Novo Nordisk (NVO) from 1985 to 2025
Net Income history table for Novo Nordisk (NVO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $102.43B | +1.4% | ||
| 2024 | $100.99B | +20.7% | ||
| 2023 | $83.68B | +50.7% | ||
| 2022 | $55.52B | +16.3% | ||
| 2021 | $47.76B | +13.3% | ||
| 2020 | $42.14B | +8.2% | ||
| 2019 | $38.95B | +0.8% | ||
| 2018 | $38.63B | +1.3% | ||
| 2017 | $38.13B | +0.5% | ||
| 2016 | $37.92B | +8.8% | ||
| 2015 | $34.86B | +31.6% | ||
| 2014 | $26.48B | +5.2% | ||
| 2013 | $25.18B | +17.5% | ||
| 2012 | $21.43B | +25.4% | ||
| 2011 | $17.10B | +18.7% | ||
| 2010 | $14.40B | +33.8% | ||
| 2009 | $10.77B | +11.4% | ||
| 2008 | $9.67B | +13.2% | ||
| 2007 | $8.54B | +32.3% | ||
| 2006 | $6.45B | +10.2% | ||
| 2005 | $5.86B | +16.0% | ||
| 2004 | $5.05B | +3.6% | ||
| 2003 | $4.87B | +19.1% | ||
| 2002 | $4.09B | +6.2% | ||
| 2001 | $3.85B | +24.7% | ||
| 2000 | $3.09B | +27.7% | ||
| 1999 | $2.42B | +0.2% | ||
| 1998 | $2.41B | +8.8% | ||
| 1997 | $2.22B | +23.1% | ||
| 1996 | $1.80B | +15.4% | ||
| 1995 | $1.56B | +9.1% | ||
| 1994 | $1.43B | +0.1% | ||
| 1993 | $1.43B | +12.4% | ||
| 1992 | $1.27B | +36.8% | ||
| 1991 | $930.19M | +22.4% | ||
| 1990 | $760.12M | +1.9% | ||
| 1989 | $745.99M | +16.9% | ||
| 1988 | $637.91M | +32.8% | ||
| 1987 | $480.40M | -7.8% | ||
| 1986 | $521.32M | -14.2% | ||
| 1985 | $607.76M | — |
Net Income values are taken from Novo Nordisk's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in DKK as filed.
Analysis
As of the 2025 fiscal year, Novo Nordisk (NVO) reported net income of $102.43B – edged up 1.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Novo Nordisk net income compounded at +19.4% per year, sustaining 38 straight years of year-over-year growth.
2025 marks the peak net income at $102.43B, with the historical low of $480.40M recorded in 1987.
Novo Nordisk (NVO) sits 1st of 8 Healthcare peers we track on this metric, against a peer median of $11.16B.
Novo Nordisk Net Income by Year
Novo Nordisk Net Income 2025: $102.43B
Novo Nordisk net income in 2025 was $102.43B, edged up 1.4% from 2024. This figure represents the highest annual value in the available history.
Novo Nordisk Net Income 2024: $100.99B
Novo Nordisk net income in 2024 was $100.99B, grew 20.7% from 2023.
Novo Nordisk Net Income 2023: $83.68B
Novo Nordisk net income in 2023 was $83.68B, surged 50.7% from 2022.
Novo Nordisk Net Income 2022: $55.52B
Novo Nordisk net income in 2022 was $55.52B, grew 16.3% from 2021.
Novo Nordisk Net Income 2021: $47.76B
Novo Nordisk net income in 2021 was $47.76B.
See more financial history for Novo Nordisk (NVO).
Sector peers — Net Income
Companies in the same sector as Novo Nordisk, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Johnson & Johnson (JNJ) | $26.80B | Healthcare |
| Eli Lilly and Company (LLY) | $20.64B | Healthcare |
| Merck & Co., Inc. (MRK) | $18.25B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $12.06B | Healthcare |
| AstraZeneca PLC (AZN) | $10.26B | Healthcare |
| Amgen Inc. (AMGN) | $7.71B | Healthcare |
| Thermo Fisher Scientific Inc. (TMO) | $6.74B | Healthcare |
| AbbVie Inc. (ABBV) | $4.23B | Healthcare |
Frequently asked questions
What is Novo Nordisk's net income?
- Latest reported net income for Novo Nordisk (NVO) is $102.43B (period ending December 31, 2025).
How has Novo Nordisk net income changed year-over-year?
- Novo Nordisk (NVO) net income changed +1.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Novo Nordisk net income?
- Novo Nordisk (NVO) net income compound annual growth rate is +19.4% over the most recent 5 years available.
When did Novo Nordisk net income hit its highest annual value?
- Novo Nordisk net income reached its highest annual value of $102.43B in 2025.
What was Novo Nordisk net income in 2024?
- Novo Nordisk (NVO) net income in 2024 was $100.99B.
What was Novo Nordisk net income in 2025?
- Novo Nordisk (NVO) net income in 2025 was $102.43B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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