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