Novavax (NVAX) EBIT (2010 - 2026)

Novavax (NVAX) recorded quarterly EBIT of -$15.4 million in Q1 2026, down 208.43% quarter-over-quarter from $14.2 million in Q4 2025, and down 102.99% on a YoY basis from $515.5 million in Q1 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.

  • In Q1 2026, EBIT fell 102.99% year-over-year to -$15.4 million; the TTM figure through Mar 2026 stood at -$78.1 million (down 119.0% YoY), while the FY2025 annual figure was $452.8 million, up 281.9% from the prior year.
  • EBIT was -$15.4 million for Q1 2026 at Novavax, down from $14.2 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $515.5 million in Q1 2025 to a low of -$483.0 million in Q2 2022.
  • Historically, EBIT has averaged -$60.2 million across 5 years, with a median of -$127.2 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: EBIT tumbled 249.44% in 2023, then soared 455.94% in 2025.
  • A 5-year view of EBIT shows it 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 sank by 208.43% to -$15.4 million in 2026.
  • The last three EBIT figures came in at -$15.4 million (Q1 2026), $14.2 million (Q4 2025), and -$178.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.51 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Novavax 1.49 Bn 931.98 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