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| Date | Value |
|---|---|
| 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 |