NVAX
Novavax Inc
NASDAQ: NVAX · HEALTHCARE · BIOTECHNOLOGY
$7.93
-0.56% today
Updated 2026-04-30
Market cap
$1.31B
P/E ratio
3.09
P/S ratio
1.17x
EPS (TTM)
$2.58
Dividend yield
—
52W range
$6 – $12
Volume
4.2M
Novavax Inc (NVAX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.68M | $1.51M | $1.06M | $325000.00 | $343000.00 | $14.69M | $22.08M | $20.91M | $30.66M | $36.25M | $15.35M | $31.18M | $34.29M | $18.66M | $475.60M | $1.15B | $1.60B | $556.38M | $682.16M | $1.12B |
| Revenue growth (YoY) | — | -67.7% | -29.7% | -69.5% | +5.5% | +4182.2% | +50.3% | -5.3% | +46.6% | +18.2% | -57.6% | +103.1% | +10.0% | -45.6% | +2448.5% | +141.0% | +39.5% | -65.2% | +22.6% | +64.7% |
| Cost of revenue | $6.47M | $221000.00 | $34.17M | $36.51M | $37.47M | $7.00M | $14.69M | $8.22M | $14.99M | $162.64M | $237.94M | $168.44M | $173.80M | $113.84M | $747.03M | $12.66M | $902.64M | $343.77M | $202.74M | $71.14M |
| Gross profit | $-1.79M | $1.29M | $1.06M | $325000.00 | $343000.00 | $7.68M | $7.38M | $12.69M | $15.67M | $-126.39M | $-222.59M | $31.18M | $34.29M | $-95.18M | $475.60M | $1.15B | $696.31M | $212.61M | $479.42M | $1.05B |
| Gross margin | -38.2% | 85.4% | 100.0% | 100.0% | 100.0% | 52.3% | 33.4% | 60.7% | 51.1% | -348.7% | -1449.8% | 100.0% | 100.0% | -510.0% | 100.0% | 100.0% | 43.5% | 38.2% | 70.3% | 93.7% |
| R&D | $11.53M | $17.60M | $24.33M | $25.78M | $28.03M | $17.89M | $26.06M | $50.31M | $79.44M | $162.64M | $237.94M | $168.44M | $173.80M | $113.84M | $747.03M | $2.53B | $1.24B | $737.50M | $391.17M | $336.82M |
| SG&A | $11.29M | $13.96M | $11.09M | $11.93M | $10.80M | $11.38M | $10.99M | $14.82M | $19.93M | $30.84M | $46.53M | $34.45M | $34.41M | $34.42M | $145.29M | $298.36M | $488.69M | $475.37M | $337.19M | $157.48M |
| Operating income | $-24.61M | $-30.27M | $-34.36M | $-37.38M | $-38.49M | $-21.58M | $-29.66M | $-52.43M | $-83.69M | $-157.24M | $-269.11M | $-171.71M | $-173.92M | $-120.58M | $-416.72M | $-1.69B | $-644.74M | $-566.51M | $-248.93M | $563.27M |
| Operating margin | -525.5% | -2000.7% | -3229.3% | -11502.5% | -11222.7% | -146.9% | -134.4% | -250.7% | -273.0% | -433.8% | -1752.8% | -550.8% | -507.2% | -646.1% | -87.6% | -147.1% | -40.3% | -101.8% | -36.5% | 50.1% |
| EBITDA | $-18.29M | $-31.28M | $-33.75M | $-38.37M | $-35.71M | $-17.33M | $-26.81M | $-49.21M | $-78.37M | $-151.25M | $-260.61M | $-161.89M | $-165.76M | $-113.28M | $-411.83M | $-1.67B | $-604.71M | $-487.39M | $-108.04M | $492.33M |
| EBITDA margin | -390.5% | -2067.2% | -3171.6% | -11807.4% | -10410.5% | -118.0% | -121.4% | -235.3% | -255.6% | -417.2% | -1697.4% | -519.3% | -483.4% | -607.0% | -86.6% | -146.0% | -37.8% | -87.6% | -15.8% | 43.8% |
| EBIT | $-21.00M | $-30.27M | $-34.64M | $-39.57M | $-37.08M | $-18.94M | $-28.48M | $-51.80M | $-82.79M | $-157.24M | $-269.11M | $-171.71M | $-173.92M | $-119.08M | $-416.72M | $-1.69B | $-633.77M | $-528.62M | $-156.54M | $464.71M |
| Interest expense | $1.54M | $1.61M | $1.68M | $501000.00 | $9000.00 | $9000.00 | $32000.00 | $160000.00 | $157000.00 | $241000.00 | $12.96M | $14.07M | $12.19M | $13.61M | $15.14M | $21.13M | $19.88M | $14.42M | $20.07M | $22.55M |
| Income tax | — | $-675000.00 | $1.69M | $-203000.00 | $-450000.00 | $412000.00 | $77000.00 | $25000.00 | $-5.17M | $-6.40M | $2.32M | $2.31M | $1.36M | $-2.59M | $9.25M | $29.21M | $4.29M | $2.03M | $10.88M | — |
| Effective tax rate | 0.0% | 1.9% | -4.9% | 0.5% | 1.2% | -2.2% | -0.3% | -0.0% | 5.9% | 3.9% | -0.8% | -1.3% | -0.7% | 2.0% | -2.2% | -1.7% | -0.7% | -0.4% | -6.2% | 0.0% |
| Net income | $-23.07M | $-34.77M | $-36.05M | $-38.37M | $-35.71M | $-19.36M | $-28.51M | $-51.98M | $-82.95M | $-156.94M | $-279.97M | $-183.77M | $-184.75M | $-130.10M | $-427.50M | $-1.74B | $-657.94M | $-545.06M | $-187.50M | $440.30M |
| Net income growth (YoY) | — | -50.7% | -3.7% | -6.4% | +6.9% | +45.8% | -47.2% | -82.4% | -59.6% | -89.2% | -78.4% | +34.4% | -0.5% | +29.6% | -228.6% | -307.9% | +62.3% | +17.2% | +65.6% | +334.8% |
| Profit margin | -492.6% | -2297.8% | -3388.1% | -11807.4% | -10410.5% | -131.8% | -129.1% | -248.5% | -270.5% | -432.9% | -1823.5% | -589.5% | -538.8% | -697.1% | -89.9% | -152.1% | -41.1% | -98.0% | -27.5% | 39.2% |