Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharm. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company collaboration agreements with Gilead Sciences, Inc. Novo Nordisk A/S also has a research collaboration with Lumen Bioscience, Inc. to explore strategies for delivering oral biologics for cardiometabolic disease. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Revenue of Novo Nordisk A/S (NVO)
Revenue in 2023 (TTM): $232.26 B
According to Novo Nordisk A/S's latest financial reports the company's current revenue (TTM) is $232.26 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Novo Nordisk A/S
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $232.26 B | $196.5 B | $114.63 B | $104.67 B | $83.68 B |
| 2022 | $176.95 B | $148.51 B | $82.04 B | $69.06 B | $55.53 B |
| 2021 | $140.8 B | $117.14 B | $65.39 B | $59.08 B | $47.76 B |
| 2020 | $126.95 B | $106.01 B | $59.27 B | $53.13 B | $42.14 B |
| 2019 | $122.02 B | $101.93 B | $57.79 B | $48.55 B | $38.95 B |
| 2018 | $111.83 B | $94.21 B | $51.17 B | $47.62 B | $38.63 B |
| 2017 | $111.7 B | $94.06 B | $52.15 B | $48.68 B | $38.13 B |
| 2016 | $111.78 B | $94.6 B | $51.63 B | $47.8 B | $37.93 B |
| 2015 | $107.93 B | $91.74 B | $49.58 B | $43.48 B | $34.86 B |
| 2014 | $88.81 B | $74.24 B | $37.93 B | $34.1 B | $26.48 B |
| 2013 | $83.57 B | $69.43 B | $34.29 B | $32.54 B | $25.18 B |
| 2012 | $78.03 B | $64.56 B | $30.56 B | $27.81 B | $21.43 B |
| 2011 | $66.35 B | $53.76 B | $24.94 B | $21.93 B | $17.1 B |
| 2010 | $60.78 B | $49.1 B | $21.25 B | $18.29 B | $14.4 B |
| 2009 | $51.08 B | $40.64 B | $17.8 B | $13.99 B | $10.77 B |
| 2008 | $45.67 B | $35.53 B | $14.86 B | $12.73 B | $9.67 B |
| 2007 | $41.89 B | $32.09 B | $11.97 B | $10.98 B | $8.54 B |
| 2006 | $38.75 B | $29.16 B | $11.26 B | $9.17 B | $6.45 B |
| 2005 | $33.71 B | $24.55 B | $10 B | $8.22 B | $5.86 B |
| 2004 | $29.23 B | $21.13 B | $8.93 B | $7.51 B | $5.05 B |
| 2003 | $26.61 B | $19.15 B | $8.02 B | $7.58 B | $4.87 B |
| 2002 | $25.15 B | $18.53 B | $7.3 B | $6.29 B | $4.09 B |
| 2001 | $23.72 B | $17.75 B | $6.67 B | $6.01 B | $3.85 B |
| 2000 | $20.82 B | $16.44 B | $5.28 B | $4.84 B | $3.09 B |
| 1999 | $20.94 B | $15.89 B | $3.87 B | $3.96 B | $2.41 B |
| 1998 | $17.91 B | $13.52 B | $2.42 B | $3.75 B | $2.41 B |
| 1997 | $16.98 B | $12.26 B | $3.48 B | $3.17 B | $2.22 B |
| 1996 | $14.9 B | $10.74 B | $3.05 B | $2.53 B | $1.8 B |
| 1995 | $13.71 B | $9.88 B | $3.01 B | $2.15 B | $1.56 B |
| 1994 | $13.52 B | $9.68 B | $2.9 B | $1.93 B | $1.43 B |
| 1993 | $13.15 B | $6.74 B | $2.74 B | $1.87 B | $1.43 B |
| 1992 | $10.67 B | $8.14 B | $1.85 B | $1.67 B | $1.27 B |
| 1991 | $9.83 B | $5.03 B | $2 B | $1.46 B | $930.19 M |
| 1990 | $8.33 B | $4.21 B | $1.57 B | $1.14 B | $760.12 M |
| 1989 | $7.62 B | $3.85 B | $1.52 B | $1.05 B | $745.99 M |
| 1988 | $5.63 B | $2.91 B | $1.26 B | $905.31 M | $637.91 M |
| 1987 | $5.03 B | $2.44 B | $913.87 M | $697.44 M | $480.4 M |
| 1986 | $4.19 B | $893.58 M | $893.58 M | $788.58 M | $521.32 M |
| 1985 | $4.16 B | $2.09 B | $933.15 M | $876.68 M | $607.76 M |