Novavax (NVAX) Change in Inventory (2021 - 2026)
Novavax (NVAX) posted Change in Inventory of $318,000 for Q2 2026, down 92.1% from $4.01 million a year earlier but up 40.7% from the prior quarter.
Powered by 
Analysis
Novavax (NVAX) Change in Inventory (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Inventory at Novavax was $2.15 million, down 25.8% year-over-year; for FY2025, it was $3.24 million.
- Annual Change in Inventory shows a four-year compound annual growth rate of -22.3% (FY2021 to FY2025).
- In prior years, Novavax's Change in Inventory was -$12.91 million in FY2024, $74.46 million in FY2023 (-84.4%), $477.8 million in FY2022 and $8.87 million in FY2021.
- Quarterly Change in Inventory has run from a low of -$16.82 million in Q1 2024 to a high of $304.17 million in Q2 2022 over five years.
- On a year-over-year basis, Change in Inventory increased in two of the last four quarters, with growth averaging 27.8%.
- The strongest year-over-year quarter for Change in Inventory in the past five years was Q4 2022, with growth of 478.6%; the weakest was Q3 2024, with a decline of 98.3%.
- According to Business Quant data, Change in Inventory for the three prior quarters was $226,000 (Q1 2026), -$2.15 million (Q4 2025) and $3.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 571.00 Mn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 143.00 Mn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 31.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 145.00 Mn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 27.70 Mn |
| 10 | Novavax | 1.78 Bn | -1.23 Bn | 42.45 Mn | 318,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 318,000.00 |
| Mar 31, 2026 | 226,000.00 |
| Dec 31, 2025 | -2.15 Mn |
| Sep 30, 2025 | 3.75 Mn |
| Jun 30, 2025 | 4.01 Mn |
| Mar 31, 2025 | -2.38 Mn |
| Dec 31, 2024 | 189,000.00 |
| Sep 30, 2024 | 1.07 Mn |
| Jun 30, 2024 | 2.64 Mn |
| Mar 31, 2024 | -16.82 Mn |
| Dec 31, 2023 | -8.09 Mn |
| Sep 30, 2023 | 63.18 Mn |
| Jun 30, 2023 | 10.14 Mn |
| Mar 31, 2023 | 9.22 Mn |
| Dec 31, 2022 | 51.34 Mn |
| Sep 30, 2022 | 22.74 Mn |
| Jun 30, 2022 | 304.17 Mn |
| Mar 31, 2022 | 99.56 Mn |
| Dec 31, 2021 | 8.87 Mn |
API Access
Novavax Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NVAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "NVAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NVAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();