---
title: "Novo Nordisk AS (NVO.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/NVO.US/norm.md"
symbol: "NVO.US"
name: "Novo Nordisk AS"
parent: "https://longbridge.com/en/quote/NVO.US.md"
datetime: "2026-05-19T20:30:19.420Z"
locales:
  - [en](https://longbridge.com/en/quote/NVO.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/NVO.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/NVO.US/norm.md)
---

# Novo Nordisk AS (NVO.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.67 | 0.9504 | 0.7070 | 0.9352 | 0.9474 |
| ROE | 97.82% | 59.11% | 47.36% | 69.15% | 82.36% |
| Revenue | 14.85B | 12.45B | 11.78B | 12.06B | 11.33B |
| Net income | 7.45B | 4.23B | 3.14B | 4.16B | 4.21B |
| Operating income | 9.14B | 5.54B | 5.22B | 5.25B | 5.63B |
| Gross margin | 85.96% | 82.10% | 80.70% | 83.29% | 83.49% |
| Net margin | 50.15% | 33.98% | 26.68% | 34.48% | 37.18% |
| Profit quality | 247.54% | 462.54% | 72.12% | 82.01% | 156.86% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 85.76B | 85.38B | 80.49B | 75.65B | 70.97B |
| Leverage | 2.75 | 2.80 | 3.02 | 2.87 | 3.53 |
| BVPS | 7.01 | 6.87 | 6.01 | 5.93 | 4.53 |
| Turnover | 0.6253 | 0.6129 | 0.6938 | 0.7326 | 0.7693 |
| Cash & STI | 3.32B | 4.24B | 5.12B | 2.97B | 6.03B |
| Inv & Rec | 7.88B | 7.80B | 7.46B | 7.16B | 6.22B |
| LT assets | 33.74B | 32.77B | 30.36B | 28.36B | 25.01B |
| Net debt | 19.13B | 16.36B | 10.78B | 12.60B | 11.20B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 3.69B | 1.20B | 7.24B | 6.40B | 3.59B |
| Investing CF | -1.80B | -6.73B | -2.42B | -2.24B | -867.48M |
| Financing CF | -2.67B | 4.63B | -2.69B | -7.25B | 670.02M |
| Free CF | 1.97B | -5.01B | 4.69B | -3.18B | 3.66B |
| OCF coverage | 50.33% | 38.91% | 146.66% | 51.29% | 40.72% |
| Repaid & issued | 2.45B | 4.82B | 112.02M | 7.10B | 3.97B |
| CapEx | -1.73B | -2.90B | -2.14B | -2.30B | -1.95B |

## Distribution Plan

**Dividend Yield**: 2.90

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
1.217376USD | 2026-03-30 | 2026-03-30 | 2026-04-08 |
| Cash Dividend: 
0.58432USD | 2025-08-18 | 2025-08-18 | 2025-08-26 |
| Cash Dividend: 
1.142561USD | 2025-03-31 | 2025-03-31 | 2025-04-08 |