Bagsværd, Denmark, 4 August 2026 – Novo Nordisk today announced adjusted sales and adjusted operating profit for the second quarter of 2026 and raised 2026 full-year adjusted sales and adjusted operating profit outlook at CER.
Adjusted sales and adjusted operating profit for the second quarter of 2026
Q2 2026 adjusted sales increased by 7% at CER, and adjusted operating profit increased by 11% at CER.
Profit and loss
DKK millionQ2 2026Growth
at CERAdjusted sales178,4887%Adjusted operating profit1, 233,38911%
CER: Constant exchange rates; 1Adjusted sales and adjusted operating profit growth rates exclude the non-recurring impact from the provision reversals related to the 340B Drug Pricing Program in the US. 2Excl. DKK 6.3 billion non-recurring, non-cash impairment charges in Q2 2026 related to intangible pipeline assets, including monlunabant (DKK 4.0 billion)
2026 adjusted sales and adjusted operating profit outlook at CER
Adjusted sales growth for 2026 is now expected to be 0% to -6% at CER and adjusted operating profit growth is now expected to be 0% to -6% at CER. The improved outlook is driven by increased expectations for GLP-1 product sales.
Outlook 2026 (CER)Full year expectations
4 August 2026Full year expectations
6 May 2026Adjusted sales growth0% to -6%-4% to -12%Adjusted operating profit growth0% to -6%-4% to -12%
Note: On a non-adjusted basis, the mid-point of sales and operating profit growth guidance for 2026, both at CER, would be 5% and 12%, respectively.
Novo Nordisk’s full disclosure of the financial results for the first six months of 2026 will be published on 4 August 2026.
The above expectations are based on assumptions, including those described on pages 13 and 14 of the financial report for the first three months of 2026 (Company Announcement No 30/2026).
The forward-looking statements on page 23 in the financial report for the first three months of 2026 (Company
