CSE$NVO
Novo Nordisk B A/S · Q4 2026 earnings
Q4 2026 earnings · · Before market open · Investor relations
Briefing
NVO Q4 2026 — extraction skipped
Novo Nordisk B A/S filed Form 6-K (accession 0000353278-26-000018) for Q4 2026, but headline financial numerics could not be extracted automatically: cached document missing (fetch error or PDF). The row is marked as AI-processed so the queue advances; numerics will be filled by Financial Datasets on its next pass.
- Form 6-K filed; press release body not parseable here.
- Reason: cached document missing (fetch error or PDF).
- Numerics rely on the Financial Datasets fallback.
Headline financials
Revenue & EPS history
Novo Nordisk · Revenue · Quarterly
$12.5B
Revenue by segment
Novo Nordisk · $272B total across 1 segment · Q4 2024
- Diabetes and Obesity care$272B—100.0%
Forward guidance
For 2026, Novo Nordisk expects pressure on sales and operating profit from pricing headwinds and competition, partially offset by continued GLP-1 market expansion and new product launches.
Tailwinds
- Continued global expansion of the GLP-1 market.
- Launch and early uptake of Wegovy pill.
- Introduction of higher-dose Wegovy formulations.
- Ongoing obesity market penetration outside the US.
- Reversal of 340B provisions supporting reported results.
Headwinds
- Lower realized prices in the US market.
- Most Favoured Nations agreement impact on pricing.
- Patent expiry of semaglutide in some international markets.
- Intensifying competition in GLP-1 therapies.
- Reduced Medicaid coverage for obesity medications in the US.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2026
+20.1%
Avg return
Earnings day
+14.7%
Avg return
5 days after
+0.1%
Avg return
30 days after
50%
24 / 48 earnings
Positive
+597.3%
Q1 2025
Best reaction
-13.9%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +2.0% | +569.8% | — | |
| Q3 2025 | -4.4% | -4.8% | -0.8% | |
| Q1 2025 | +597.3% | +3.0% | +9.0% | |
| Q4 2024 | +2.2% | +1.6% | +5.5% | |
| Q3 2024 | -0.2% | -0.9% | +0.6% | |
| Q2 2024 | -2.2% | -0.2% | +0.8% | |
| Q1 2024 | -3.9% | -1.5% | +4.7% | |
| Q3 2023 | +1.6% | +4.1% | +2.8% | |
| Q2 2023 | -2.9% | -1.3% | +4.2% | |
| Q1 2023 | -3.7% | +0.5% | -6.3% | |
| Q4 2022 | -5.1% | -0.5% | +4.4% | |
| Q3 2022 | +2.4% | +8.1% | +19.2% | |
| Q2 2022 | -9.1% | -10.5% | -10.7% | |
| Q1 2022 | +3.7% | +3.4% | -2.2% | |
| Q4 2021 | +4.9% | -0.8% | +1.5% | |
| Q3 2021 | +3.9% | +4.2% | -2.7% | |
| Q2 2021 | +0.3% | +1.9% | +2.7% | |
| Q1 2021 | +2.7% | +2.9% | +9.2% | |
| Q4 2020 | +1.1% | -0.1% | -1.9% | |
| Q3 2020 | -5.1% | +5.5% | +1.8% | |
| Q2 2020 | -3.3% | +0.2% | +0.0% | |
| Q1 2020 | -0.3% | +1.3% | +2.2% | |
| Q4 2019 | +4.4% | +3.3% | +1.6% | |
| Q3 2019 | +2.3% | +2.7% | +1.7% | |
| Q2 2019 | +3.9% | +3.2% | +3.7% | |
| Q1 2019 | -2.8% | -0.9% | -3.4% | |
| Q4 2018 | +2.7% | +3.5% | +5.5% | |
| Q3 2018 | +3.3% | -0.1% | +8.0% | |
| Q2 2018 | -5.4% | -5.8% | -4.5% | |
| Q1 2018 | +6.9% | +0.2% | +0.2% | |
| Q4 2017 | -9.1% | -10.8% | -8.6% | |
| Q3 2017 | -0.2% | -0.2% | +4.4% | |
| Q2 2017 | +0.0% | -2.1% | +2.6% | |
| Q1 2017 | +6.6% | +2.0% | +11.2% | |
| Q4 2016 | -8.4% | -9.0% | -5.5% | |
| Q3 2016 | -13.6% | -13.9% | -21.6% | |
| Q2 2016 | -13.9% | +0.6% | -20.1% | |
| Q1 2016 | -1.2% | +0.9% | -14.4% | |
| Q4 2015 | +5.0% | — | — | |
| Q3 2015 | -6.0% | — | — | |
| Q2 2015 | -4.5% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q4 2014 | -2.8% | — | — | |
| Q3 2014 | +5.7% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | +2.5% | — | — | |
| Q4 2013 | +9.5% | — | — | |
| Q3 2013 | +400.0% | — | — | |
| Q1 2013 | — | — | — |
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