What is the current annual SG&A of NVO?

As of today, NVO annual SG&A is $0.00

What is 1-year change in NVO annual SG&A?

NVO annual SG&A is down -100.00% year-over-year

What is 3-year change in NVO annual SG&A?

NVO annual SG&A is down -100.00% over the past 3 years

How far is NVO annual SG&A from its all-time high?

NVO annual SG&A is currently -100.00% below its historical high of $9.77B set on December 31, 2024

How does NVO annual SG&A rank versus sector peers?

NVO annual SG&A is higher than 71.39% of companies in Healthcare sector

When is NVO next annual earnings release?

The next annual earnings release for NVO is on February 3, 2027

What is the current quarterly SG&A of NVO?

As of today, NVO quarterly SG&A is $2.50B

What is NVO quarterly SG&A most recent change?

NVO quarterly SG&A was down -1.38% on September 30, 2026

What is 1-year change in NVO quarterly SG&A?

NVO quarterly SG&A is down -10.63% year-over-year

How far is NVO quarterly SG&A from its all-time high?

NVO quarterly SG&A is currently -13.74% below its historical high of $2.90B set on December 31, 2024

How does NVO quarterly SG&A rank versus sector peers?

NVO quarterly SG&A is higher than 98.96% of companies in Healthcare sector

When is NVO next earnings release?

The next earnings release for NVO is on February 3, 2027

What is the current TTM SG&A of NVO?

As of today, NVO TTM SG&A is $130.34B

What is NVO TTM SG&A most recent change?

NVO TTM SG&A was up +5.66% on September 30, 2026

What is 1-year change in NVO TTM SG&A?

NVO TTM SG&A is up +1102.53% year-over-year

How far is NVO TTM SG&A from its all-time high?

NVO TTM SG&A is currently at its all-time high

How does NVO TTM SG&A rank versus sector peers?

NVO TTM SG&A is higher than 98.91% of companies in Healthcare sector

When is NVO next earnings release?

The next earnings release for NVO is on February 3, 2027

NVO SG&A History & Chart Since 1980

Annual SG&A

$0.00$9.77B-100.00%

December 31, 2025

Summary

Current Value: As of today, NVO annual SG&A is $0.00, down -100.00% on December 31, 2025
Historical Performance: NVO annual SG&A is down -100.00% over the past 3 years, down -100.00% over the past 5 years
All-Time High Comparison: NVO annual SG&A is currently -100.00% below its historical high of $9.77B set on December 31, 2024
Sector Comparison: NVO annual SG&A is higher than 71.39% of companies in Healthcare sector

SG&A Chart

beforeafter

Performance

NVO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual SG&A	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Quarterly SG&A	Sep 30, 26	$2.50B	-10.6%	+21.8%	+55.6%	+139.6%
TTM SG&A	Sep 30, 26	$130.34B	+1102.5%	+1466.7%	+1970.3%	+3060.8%
Price	Nov 6, 26	$40.31	-13.3%	-60.1%	-28.9%	+268.4%
Annual Operating Expenses	Dec 31, 25	$18.50B	+22.5%	+83.0%	+143.3%	+244.4%
Annual Operating Profit	Dec 31, 25	$19.35B	-4.3%	+84.0%	+133.8%	+495.0%
Annual D&A	Dec 31, 25	$3.32B	+168.2%	+256.4%	+312.0%	+679.8%
Annual Revenue	Dec 31, 25	$46.74B	+11.0%	+87.0%	+140.8%	+332.8%

SG&A Highs

NVO Annual SG&A Highs Comparison
Period	High	Date	Current
3Y	$9.77B	Dec 31, 24	-100.0%
5Y	$9.77B	Dec 31, 24	-100.0%
All	$9.77B	Dec 31, 24	-100.0%

SG&A Lows

NVO Annual SG&A Lows Comparison
Period	Low	Date	Current
3Y	$0.00	Dec 31, 25	N/A
5Y	$0.00	Dec 31, 25	N/A
All	$0.00	Dec 1, 80	N/A

SG&A History

Year	Value	Change
2025	$0.00	-100.0%
2024	$9.77B	+9.3%
2023	$8.94B	+24.8%
2022	$7.16B	+9.7%
2021	$6.53B	+15.7%
2020	$5.64B	+5.0%
2019	$5.37B	+1.9%
2018	$5.27B	+8.2%
2017	$4.87B	+1.4%
2016	$4.80B	+0.5%
2015	$4.78B	+0.4%
2014	$4.76B	-0.5%
2013	$4.79B	+11.6%
2012	$4.29B	+3.3%
2011	$4.15B	+9.9%
2010	$3.78B	+11.3%
2009	$3.40B	+11.6%
2008	$3.04B	+11.3%
2007	$2.73B	+16.1%
2006	$2.36B	+19.6%
2005	$1.97B	+15.3%
2004	$1.71B	+16.4%
2003	$1.47B	+22.6%

Year	Value	Change
2002	$1.20B	+9.8%
2001	$1.09B	+8.5%
2000	$1.00B	-6.3%
1999	$1.07B	+9.0%
1998	$983.65M	+8.3%
1997	$908.04M	-3.0%
1996	$936.40M	+6.4%
1995	$879.76M	+16.1%
1994	$757.86M	+10.4%
1993	$686.33M	>+9,900.0%
1992	$0.00	0.0%
1991	$0.00	0.0%
1990	$0.00	0.0%
1989	$0.00	0.0%
1988	$0.00	0.0%
1987	$0.00	0.0%
1986	$0.00	0.0%
1985	$0.00	0.0%
1984	$0.00	0.0%
1983	$0.00	0.0%
1982	$0.00	0.0%
1981	$0.00	0.0%
1980	$0.00	-

FAQ

What is the current annual SG&A of NVO?: As of today, NVO annual SG&A is $0.00
What is 1-year change in NVO annual SG&A?: NVO annual SG&A is down -100.00% year-over-year
What is 3-year change in NVO annual SG&A?: NVO annual SG&A is down -100.00% over the past 3 years
How far is NVO annual SG&A from its all-time high?: NVO annual SG&A is currently -100.00% below its historical high of $9.77B set on December 31, 2024
How does NVO annual SG&A rank versus sector peers?: NVO annual SG&A is higher than 71.39% of companies in Healthcare sector
When is NVO next annual earnings release?: The next annual earnings release for NVO is on February 3, 2027

SG&A Formula

SG&A = Operating Expenses − Cost Of Goods Sold − R&D

Quarterly SG&A

$2.50B$34.96M-1.38%

September 30, 2026

Summary

Current Value: As of today, NVO quarterly SG&A is $2.50B, down -1.38% on September 30, 2026
Historical Performance: NVO quarterly SG&A is down -10.63% year-over-year, up +21.79% over the past 3 years
All-Time High Comparison: NVO quarterly SG&A is currently -13.74% below its historical high of $2.90B set on December 31, 2024
3-Year Low Comparison: NVO quarterly SG&A is +21.79% above its 3-year low of $2.05B reached on an earlier date
Sector Comparison: NVO quarterly SG&A is higher than 98.96% of companies in Healthcare sector

Performance

NVO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly SG&A	Sep 30, 26	$2.50B	-1.4%	-10.6%	+21.8%	+55.6%
Annual SG&A	Dec 31, 25	$0.00	–	-100.0%	-100.0%	-100.0%
TTM SG&A	Sep 30, 26	$130.34B	+1187.4%	+1102.5%	+1466.7%	+1970.3%
Price	Nov 6, 26	$40.31	-12.3%	-13.3%	-60.1%	-28.9%
Quarterly Operating Expenses	Sep 30, 26	$4.53B	+6.3%	-13.0%	+39.9%	+98.6%
Quarterly Operating Profit	Sep 30, 26	$5.47B	+3.5%	+46.9%	+39.9%	+127.7%
Quarterly D&A	Sep 30, 26	$553.71M	-1.1%	-9.0%	+51.2%	+157.8%
Quarterly Revenue	Sep 30, 26	$12.19B	-0.2%	+3.8%	+42.2%	+115.9%

Quarterly SG&A Highs

NVO Quarterly SG&A Highs Comparison
Period	High	Date	Current
1Y	$2.80B	N/A	-10.6%
3Y	$2.90B	Dec 31, 24	-13.7%
5Y	$2.90B	Dec 31, 24	-13.7%
All	$2.90B	Dec 31, 24	-13.7%

Quarterly SG&A Lows

NVO Quarterly SG&A Lows Comparison
Period	Low	Date	Current
1Y	$2.07B	Mar 31, 26	+20.9%
3Y	$2.05B	N/A	+21.8%
5Y	$1.61B	N/A	+55.6%
All	$0.00	Mar 31, 99	N/A

Quarterly SG&A History

Month	Value	Change
Sep 2026	$2.50B	-1.4%
Jun 2026	$2.54B	+22.6%
Mar 2026	$2.07B	-23.8%
Dec 2025	$2.72B	-2.9%
Sep 2025	$2.80B	-2.3%
Jun 2025	$2.87B	+26.1%
Mar 2025	$2.27B	-21.6%
Dec 2024	$2.90B	+18.7%
Sep 2024	$2.44B	+5.2%
Jun 2024	$2.32B	+10.7%
Mar 2024	$2.10B	-21.9%
Dec 2023	$2.69B	+30.7%
Sep 2023	$2.05B	-8.8%
Jun 2023	$2.25B	+15.9%
Mar 2023	$1.94B	-6.1%
Dec 2022	$2.07B	+21.3%
Sep 2022	$1.71B	+0.8%
Jun 2022	$1.69B	+0.7%
Mar 2022	$1.68B	-14.7%
Dec 2021	$1.97B	+22.6%
Sep 2021	$1.61B	+11.4%
Jun 2021	$1.44B	-3.0%
Mar 2021	$1.49B	-15.3%
Dec 2020	$1.76B	+21.9%
Sep 2020	$1.44B	+18.7%
Jun 2020	$1.21B	-3.3%
Mar 2020	$1.26B	-21.3%
Dec 2019	$1.60B	+22.2%
Sep 2019	$1.31B	+3.0%
Jun 2019	$1.27B	+6.2%
Mar 2019	$1.20B	-21.8%
Dec 2018	$1.53B	+21.6%
Sep 2018	$1.26B	-1.0%
Jun 2018	$1.27B	+5.2%
Mar 2018	$1.21B	-18.9%
Dec 2017	$1.49B	+27.5%
Sep 2017	$1.17B	+3.5%
Jun 2017	$1.13B	+2.2%
Mar 2017	$1.10B	-16.0%
Dec 2016	$1.31B	+11.3%
Sep 2016	$1.18B	+0.5%
Jun 2016	$1.17B	+3.9%
Mar 2016	$1.13B	-16.3%
Dec 2015	$1.35B	+14.7%
Sep 2015	$1.18B	-1.5%
Jun 2015	$1.20B	+13.1%
Mar 2015	$1.06B	-18.7%
Dec 2014	$1.30B	+8.0%
Sep 2014	$1.20B	+3.1%
Jun 2014	$1.17B	+7.9%
Mar 2014	$1.08B	-21.6%
Dec 2013	$1.38B	+22.3%
Sep 2013	$1.13B	-3.2%
Jun 2013	$1.16B	+3.9%
Mar 2013	$1.12B	-10.3%

Month	Value	Change
Dec 2012	$1.25B	+22.6%
Sep 2012	$1.02B	-1.3%
Jun 2012	$1.03B	+4.0%
Mar 2012	$991.92M	-13.2%
Dec 2011	$1.14B	+9.4%
Sep 2011	$1.04B	+0.0%
Jun 2011	$1.04B	+13.4%
Mar 2011	$920.69M	-17.4%
Dec 2010	$1.11B	+20.5%
Sep 2010	$924.94M	+6.1%
Jun 2010	$871.51M	-0.0%
Mar 2010	$871.75M	-11.5%
Dec 2009	$984.95M	+23.0%
Sep 2009	$800.54M	-3.4%
Jun 2009	$828.34M	+4.8%
Mar 2009	$790.40M	+3.8%
Dec 2008	$761.21M	-0.1%
Sep 2008	$762.34M	-4.3%
Jun 2008	$796.57M	+10.1%
Mar 2008	$723.68M	-4.4%
Dec 2007	$756.72M	+13.4%
Sep 2007	$667.49M	-0.5%
Jun 2007	$670.51M	+4.1%
Mar 2007	$643.89M	>+9,900.0%
Dec 2006	$0.00	0.0%
Sep 2006	$0.00	0.0%
Jun 2006	$0.00	0.0%
Mar 2006	$0.00	0.0%
Dec 2005	$0.00	0.0%
Sep 2005	$0.00	0.0%
Jun 2005	$0.00	0.0%
Mar 2005	$0.00	0.0%
Dec 2004	$0.00	0.0%
Sep 2004	$0.00	0.0%
Jun 2004	$0.00	0.0%
Mar 2004	$0.00	0.0%
Dec 2003	$0.00	0.0%
Sep 2003	$0.00	0.0%
Jun 2003	$0.00	0.0%
Mar 2003	$0.00	-100.0%
Dec 2002	$327.18M	+7.8%
Sep 2002	$303.44M	+2.1%
Jun 2002	$297.25M	+9.5%
Mar 2002	$271.50M	>+9,900.0%
Dec 2001	$0.00	0.0%
Sep 2001	$0.00	0.0%
Jun 2001	$0.00	0.0%
Mar 2001	$0.00	0.0%
Dec 2000	$0.00	0.0%
Sep 2000	$0.00	0.0%
Jun 2000	$0.00	0.0%
Mar 2000	$0.00	0.0%
Sep 1999	$0.00	0.0%
Jun 1999	$0.00	0.0%
Mar 1999	$0.00	-

FAQ

What is the current quarterly SG&A of NVO?: As of today, NVO quarterly SG&A is $2.50B
What is NVO quarterly SG&A most recent change?: NVO quarterly SG&A was down -1.38% on September 30, 2026
What is 1-year change in NVO quarterly SG&A?: NVO quarterly SG&A is down -10.63% year-over-year
How far is NVO quarterly SG&A from its all-time high?: NVO quarterly SG&A is currently -13.74% below its historical high of $2.90B set on December 31, 2024
How does NVO quarterly SG&A rank versus sector peers?: NVO quarterly SG&A is higher than 98.96% of companies in Healthcare sector
When is NVO next earnings release?: The next earnings release for NVO is on February 3, 2027

SG&A Formula

SG&A = Operating Expenses − Cost Of Goods Sold − R&D

TTM SG&A

$130.34B$6.98B+5.66%

September 30, 2026

Summary

Current Value: As of today, NVO TTM SG&A is $130.34B, up +5.66% on September 30, 2026
Historical Performance: NVO TTM SG&A is up +1102.53% year-over-year, up +1466.67% over the past 3 years
All-Time High Comparison: NVO TTM SG&A is currently at its all-time high
3-Year Low Comparison: NVO TTM SG&A is +167.40% above its 3-year low of $48.74B reached on an earlier date
Sector Comparison: NVO TTM SG&A is higher than 98.91% of companies in Healthcare sector

Performance

NVO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM SG&A	Sep 30, 26	$130.34B	+1187.4%	+1102.5%	+1466.7%	+1970.3%
Annual SG&A	Dec 31, 25	$0.00	–	-100.0%	-100.0%	-100.0%
Quarterly SG&A	Sep 30, 26	$2.50B	-1.4%	-10.6%	+21.8%	+55.6%
Price	Nov 6, 26	$40.31	-12.3%	-13.3%	-60.1%	-28.9%
TTM Operating Profit	Sep 30, 26	$25.09B	+7.5%	+25.6%	+88.8%	+180.1%
TTM D&A	Sep 30, 26	$2.52B	-2.1%	+172.1%	+129.7%	+222.1%
TTM Revenue	Sep 30, 26	$51.90B	+0.9%	+11.2%	+68.5%	+140.0%

TTM SG&A Highs

NVO TTM SG&A Highs Comparison
Period	High	Date	Current
1Y	$130.34B	N/A	at high
3Y	$130.34B	N/A	at high
5Y	$130.34B	N/A	at high
All	$130.34B	N/A	at high

TTM SG&A Lows

NVO TTM SG&A Lows Comparison
Period	Low	Date	Current
1Y	$92.34B	N/A	+41.1%
3Y	$48.74B	N/A	+167.4%
5Y	$40.97B	N/A	+218.2%
All	$208.81M	N/A	>+9999.0%

TTM SG&A History

Month	Value	Change
Sep 2026	$9.83B	-2.9%
Jun 2026	$10.12B	-3.1%
Mar 2026	$10.45B	-1.9%
Dec 2025	$10.66B	-1.7%
Sep 2025	$10.84B	+3.4%
Jun 2025	$10.48B	+5.5%
Mar 2025	$9.94B	+1.8%
Dec 2024	$9.76B	+2.2%
Sep 2024	$9.55B	+4.2%
Jun 2024	$9.16B	+0.8%
Mar 2024	$9.09B	+1.7%
Dec 2023	$8.94B	+7.4%
Sep 2023	$8.32B	+4.4%
Jun 2023	$7.97B	+7.5%
Mar 2023	$7.41B	+3.7%
Dec 2022	$7.15B	+1.4%
Sep 2022	$7.05B	+1.4%
Jun 2022	$6.95B	+3.7%
Mar 2022	$6.70B	+3.0%
Dec 2021	$6.51B	+3.4%
Sep 2021	$6.30B	+2.7%
Jun 2021	$6.13B	+3.9%
Mar 2021	$5.90B	+4.1%
Dec 2020	$5.67B	+2.9%
Sep 2020	$5.51B	+2.5%
Jun 2020	$5.37B	-1.0%
Mar 2020	$5.43B	+1.1%
Dec 2019	$5.37B	+1.3%
Sep 2019	$5.30B	+0.9%
Jun 2019	$5.25B	-0.0%
Mar 2019	$5.25B	-0.2%
Dec 2018	$5.26B	+0.8%
Sep 2018	$5.22B	+1.8%
Jun 2018	$5.13B	+2.8%
Mar 2018	$4.99B	+2.1%
Dec 2017	$4.89B	+3.7%
Sep 2017	$4.71B	-0.3%
Jun 2017	$4.73B	-1.0%
Mar 2017	$4.77B	-0.6%
Dec 2016	$4.80B	-0.7%
Sep 2016	$4.84B	+0.1%
Jun 2016	$4.83B	-0.4%
Mar 2016	$4.85B	+1.5%
Dec 2015	$4.78B	+1.1%
Sep 2015	$4.73B	-0.6%
Jun 2015	$4.76B	+0.6%
Mar 2015	$4.73B	-0.5%
Dec 2014	$4.75B	-1.6%
Sep 2014	$4.83B	+1.6%
Jun 2014	$4.76B	+0.1%
Mar 2014	$4.75B	-0.8%
Dec 2013	$4.79B	+2.8%
Sep 2013	$4.66B	+2.4%
Jun 2013	$4.55B	+3.0%
Mar 2013	$4.42B	+3.0%

Month	Value	Change
Dec 2012	$4.29B	+2.5%
Sep 2012	$4.18B	-0.6%
Jun 2012	$4.21B	-0.3%
Mar 2012	$4.22B	+1.7%
Dec 2011	$4.15B	+0.7%
Sep 2011	$4.12B	+3.0%
Jun 2011	$4.00B	+4.5%
Mar 2011	$3.83B	+1.3%
Dec 2010	$3.78B	+3.5%
Sep 2010	$3.65B	+3.5%
Jun 2010	$3.53B	+1.2%
Mar 2010	$3.49B	+2.4%
Dec 2009	$3.40B	+7.0%
Sep 2009	$3.18B	+1.2%
Jun 2009	$3.14B	+1.0%
Mar 2009	$3.11B	+2.2%
Dec 2008	$3.04B	+0.1%
Sep 2008	$3.04B	+3.2%
Jun 2008	$2.94B	+4.5%
Mar 2008	$2.82B	+2.9%
Dec 2007	$2.74B	+38.2%
Sep 2007	$1.98B	+50.8%
Jun 2007	$1.31B	+104.1%
Mar 2007	$643.89M	>+9,900.0%
Dec 2006	$0.00	0.0%
Sep 2006	$0.00	0.0%
Jun 2006	$0.00	0.0%
Mar 2006	$0.00	0.0%
Dec 2005	$0.00	0.0%
Sep 2005	$0.00	0.0%
Jun 2005	$0.00	0.0%
Mar 2005	$0.00	0.0%
Dec 2004	$0.00	0.0%
Sep 2004	$0.00	0.0%
Jun 2004	$0.00	0.0%
Mar 2004	$0.00	0.0%
Dec 2003	$0.00	-100.0%
Sep 2003	$327.18M	-48.1%
Jun 2003	$630.62M	-32.0%
Mar 2003	$927.87M	-22.6%
Dec 2002	$1.20B	+37.5%
Sep 2002	$872.18M	+53.4%
Jun 2002	$568.74M	+109.5%
Mar 2002	$271.50M	>+9,900.0%
Dec 2001	$0.00	0.0%
Sep 2001	$0.00	0.0%
Jun 2001	$0.00	0.0%
Mar 2001	$0.00	0.0%
Dec 2000	$0.00	0.0%
Sep 2000	$0.00	0.0%
Jun 2000	$0.00	0.0%
Mar 2000	$0.00	0.0%
Sep 1999	$0.00	0.0%
Jun 1999	$0.00	0.0%
Mar 1999	$0.00	-

FAQ

What is the current TTM SG&A of NVO?: As of today, NVO TTM SG&A is $130.34B
What is NVO TTM SG&A most recent change?: NVO TTM SG&A was up +5.66% on September 30, 2026
What is 1-year change in NVO TTM SG&A?: NVO TTM SG&A is up +1102.53% year-over-year
How far is NVO TTM SG&A from its all-time high?: NVO TTM SG&A is currently at its all-time high
How does NVO TTM SG&A rank versus sector peers?: NVO TTM SG&A is higher than 98.91% of companies in Healthcare sector
When is NVO next earnings release?: The next earnings release for NVO is on February 3, 2027

SG&A Formula

SG&A = Operating Expenses − Cost Of Goods Sold − R&D

Data Sources & References

NVO Official Website www.novonordisk.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/353278/000035327826000012/0000353278-26-000012-index.htm
NVO Profile on Yahoo Finance finance.yahoo.com/quote/NVO
NVO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvo