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Novavax Inc

NVAX

NASDAQ

Biotechnology

$8.05

USD

-0.09 (-1.11%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $1.31B

Volume 2.3M

Revenue

$413.80M

TTM

-61.6%

YoY

Gross Margin

79%

TTM

-10.9%

YoY

Net Income

$-247.73M

TTM

-158.6%

YoY

Operating Cash Flow

$-36.90M

TTM

+94.2%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Revenue

239.2

70.4

147.1

139.5

56.7

YoY Growth

-42.4%

-16.6%

+66.6%

-79.1%

-76.3%

Cost of Revenue

15.3

21.5

22.1

30.7

14.2

Gross Profit

223.9

48.9

125.0

108.8

42.5

Selling, General & Administrative

43.6

31.7

34.1

28.8

26.7

Other Operating Expenses

0.0

97.0

0.8

0.0

0.0

Total Operating Expenses

122.8

227.0

110.8

124.2

97.4

Operating Income

101.1

-178.0

14.2

-15.4

-54.9

EBITDA

108.6

-74.4

20.2

-12.4

-51.9

Other Income / Expense

11.9

-19.5

9.5

11.8

8.9

Total Other Income / Expense

6.4

-25.0

3.7

6.9

3.2

Income Before Income Taxes

107.5

-203.0

17.9

-8.5

-51.7

Income Taxes

0.9

-0.7

0.4

1.0

1.7

Net Income

106.5

-202.4

17.5

-9.5

-53.4

Consolidated Net Income / Loss

106.5

-202.4

17.5

-9.5

-53.4

Net Income Attributable to Common Shareholders

106.5

-202.4

17.5

-9.5

-53.4

Basic EPS

$0.66

-$1.25

$0.11

-$0.06

-$0.32

Diluted EPS

$0.62

-$1.25

$0.10

-$0.06

-$0.32

Basic Shares Outstanding

162.0M

162.4M

162.5M

163.3M

164.6M

Diluted Shares Outstanding

177.2M

162.4M

175.2M

163.3M

164.6M