Novavax (NVAX) Change in Inventory (2021 - 2026)
Novavax (NVAX) recorded quarterly Change in Inventory of $226000.0 in Q1 2026, up 110.52% quarter-over-quarter from -$2.1 million in Q4 2025, and up 109.52% on a YoY basis from $107867.8 in Q1 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.
- In Q1 2026, Change in Inventory rose 109.52% year-over-year to $226000.0; the TTM figure through Mar 2026 stood at $5.8 million (up 281.76% YoY), while the FY2025 annual figure was $3.2 million, up 125.09% from the prior year.
- Change in Inventory was $226000.0 for Q1 2026 at Novavax, up from -$2.1 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $304.2 million in Q2 2022 to a low of -$16.8 million in Q1 2024.
- Historically, Change in Inventory has averaged $31.9 million across 5 years, with a median of $3.8 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Change in Inventory jumped 478.62% in 2022, then plunged 1236.51% in 2025.
- A 5-year view of Change in Inventory shows it stood at $51.3 million in 2022, then tumbled by 115.75% to -$8.1 million in 2023, then surged by 102.34% to $189000.0 in 2024, then tumbled by 1236.51% to -$2.1 million in 2025, then jumped by 110.52% to $226000.0 in 2026.
- The last three Change in Inventory figures came in at $226000.0 (Q1 2026), -$2.1 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 51,468.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | - |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 97.70 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Novavax | 1.49 Bn | 931.98 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 |