Novavax (NVAX) Change in Inventory (2021 - 2026)

Novavax's (NVAX) quarterly Change in Inventory came in at $226000.0 in Q1 2026, up 109.52% year-on-year from $107867.8 in Q1 2025, and up 110.52% quarter-over-quarter from -$2.1 million in Q4 2025.

Novavax (NVAX) Change in Inventory (2021 - 2026) Analysis & Trends

Novavax's Change in Inventory history runs 6 years deep, the most recent figure standing at $226000.0 for Q1 2026.

  • On a quarterly basis, Change in Inventory rose 109.52% year-over-year to $226000.0 in Q1 2026; TTM through Mar 2026 was $5.8 million, a 281.76% increase from a year earlier, with the FY2025 full-year figure at $3.2 million, up 125.09% from the prior year.
  • Change in Inventory grew to $226000.0 in Q1 2026 per NVAX's latest filing, from -$2.1 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $304.2 million in Q2 2022 and bottomed at -$16.8 million in Q1 2024.
  • The 5-year median for Change in Inventory is $3.8 million (2025), against an average of $31.9 million.
  • Across the five-year window, Change in Inventory soared 478.62% in 2022 and plunged 1236.51% in 2025, its largest moves.
  • Year by year, Change in Inventory stood at $51.3 million in 2022, then sank by 115.75% to -$8.1 million in 2023, then surged by 102.34% to $189000.0 in 2024, then sank by 1236.51% to -$2.1 million in 2025, then jumped by 110.52% to $226000.0 in 2026.
  • Per Business Quant, the three latest NVAX Change in Inventory figures stand at $226000.0 (Q1 2026), -$2.1 million (Q4 2025), and $3.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 71.84 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 97.70 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -26.60 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Novavax 788.01 Mn -2.33 Mn 108.82 Mn 226,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 226,000.00
Mar 31, 2026 226,000.00
Dec 31, 2025 -2.15 Mn
Dec 31, 2025 -2.15 Mn
Sep 30, 2025 3.75 Mn
Sep 30, 2025 3.75 Mn
Jun 30, 2025 4.01 Mn
Jun 30, 2025 4.01 Mn
Mar 31, 2025 -2.38 Mn
Mar 31, 2025 -2.38 Mn
Dec 31, 2024 189,000.00
Dec 31, 2024 189,000.00
Sep 30, 2024 1.07 Mn
Sep 30, 2024 1.07 Mn
Jun 30, 2024 2.64 Mn
Jun 30, 2024 2.64 Mn
Mar 31, 2024 -16.82 Mn
Mar 31, 2024 -16.82 Mn
Dec 31, 2023 -8.09 Mn
Dec 31, 2023 -8.09 Mn