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Novo Nordisk FY25 Results

Total GLP-1 sales were $24.0 billion, up 2%.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Novo Nordisk

Novo Nordisk FY Revenues: $48.7 billion +6% FY Earnings: $16.1 billion +1% Comments: Total GLP-1 sales for the full year 2025, which includes Ozempic, Victoza and Rybelsus, were $24.0 billion, up 2%. Ozempic sales were up 6% while Victoza sales were down 45% and Rybelsus sales were down 5%. Total insulin sales were $8.4 billion, down 4%. Obesity drug sales were up 26% to $12.97 billion and includes Wegovy and Saxenda. Rare disease sales totaled $3.1 billion, up 5%. Sales growth was d...

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