Novavax (NVAX) EBIT (2010 - 2026)

Novavax's (NVAX) quarterly EBIT came in at -$15.4 million in Q1 2026, down 102.99% year-on-year from $515.5 million in Q1 2025, and down 208.43% quarter-over-quarter from $14.2 million in Q4 2025.

Novavax (NVAX) EBIT (2010 - 2026) Analysis & Trends

Novavax's EBIT history runs 17 years deep, the most recent figure standing at -$15.4 million for Q1 2026.

  • On a quarterly basis, EBIT fell 102.99% year-over-year to -$15.4 million in Q1 2026; TTM through Mar 2026 was -$78.1 million, a 119.0% decrease from a year earlier, with the FY2025 full-year figure at $452.8 million, up 281.9% from the prior year.
  • EBIT retreated to -$15.4 million in Q1 2026 per NVAX's latest filing, from $14.2 million in the prior quarter.
  • Across five years, EBIT topped out at $515.5 million in Q1 2025 and bottomed at -$483.0 million in Q2 2022.
  • The 5-year median for EBIT is -$127.2 million (2022), against an average of -$60.2 million.
  • Across the five-year window, EBIT tumbled 249.44% in 2023 and surged 455.94% in 2025, its largest moves.
  • Year by year, EBIT stood at -$243.9 million in 2022, then grew by 24.73% to -$183.6 million in 2023, then increased by 28.59% to -$131.1 million in 2024, then jumped by 110.86% to $14.2 million in 2025, then tumbled by 208.43% to -$15.4 million in 2026.
  • Per Business Quant, the three latest NVAX EBIT figures stand at -$15.4 million (Q1 2026), $14.2 million (Q4 2025), and -$178.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Novavax 1.23 Bn 435.05 Mn 108.82 Mn -15.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.43 Mn
Dec 31, 2025 14.23 Mn
Sep 30, 2025 -178.02 Mn
Jun 30, 2025 101.07 Mn
Mar 31, 2025 515.51 Mn
Dec 31, 2024 -131.08 Mn
Sep 30, 2024 -134.02 Mn
Jun 30, 2024 161.00 Mn
Mar 31, 2024 -144.83 Mn
Dec 31, 2023 -183.57 Mn
Sep 30, 2023 -125.63 Mn
Jun 30, 2023 55.46 Mn
Mar 31, 2023 -312.77 Mn
Dec 31, 2022 -243.88 Mn
Sep 30, 2022 -127.19 Mn
Jun 30, 2022 -482.96 Mn
Mar 31, 2022 209.29 Mn
Dec 31, 2021 -824.97 Mn
Sep 30, 2021 -307.14 Mn
Jun 30, 2021 -345.83 Mn