Novavax (NVAX) EBT (2010 - 2026)

Novavax (NVAX) recorded quarterly EBT of -$8.5 million in Q1 2026, down 147.51% quarter-over-quarter from $17.9 million in Q4 2025, and down 101.64% on a YoY basis from $519.8 million in Q1 2025.

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

Novavax's EBT history runs 17 years deep, the most recent figure standing at -$8.5 million for Q1 2026.

  • In Q1 2026, EBT fell 101.64% year-over-year to -$8.5 million; the TTM figure through Mar 2026 stood at -$86.2 million (down 117.64% YoY), while the FY2025 annual figure was $442.2 million, up 350.36% from the prior year.
  • EBT was -$8.5 million for Q1 2026 at Novavax, down from $17.9 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $519.8 million in Q1 2025 to a low of -$509.1 million in Q2 2022.
  • Historically, EBT has averaged -$55.3 million across 5 years, with a median of -$122.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: EBT tumbled 242.05% in 2023, then soared 457.8% in 2025.
  • A 5-year view of EBT shows it stood at -$184.5 million in 2022, then advanced by 4.23% to -$176.7 million in 2023, then soared by 58.36% to -$73.6 million in 2024, then soared by 124.33% to $17.9 million in 2025, then sank by 147.51% to -$8.5 million in 2026.
  • The last three EBT figures came in at -$8.5 million (Q1 2026), $17.9 million (Q4 2025), and -$203.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 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 19.60 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.18 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.31 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn -8.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.51 Mn
Dec 31, 2025 17.90 Mn
Sep 30, 2025 -203.04 Mn
Jun 30, 2025 107.45 Mn
Mar 31, 2025 519.85 Mn
Dec 31, 2024 -73.58 Mn
Sep 30, 2024 -122.33 Mn
Jun 30, 2024 164.59 Mn
Mar 31, 2024 -145.29 Mn
Dec 31, 2023 -176.70 Mn
Sep 30, 2023 -131.47 Mn
Jun 30, 2023 57.87 Mn
Mar 31, 2023 -292.72 Mn
Dec 31, 2022 -184.51 Mn
Sep 30, 2022 -166.14 Mn
Jun 30, 2022 -509.07 Mn
Mar 31, 2022 206.07 Mn
Dec 31, 2021 -829.68 Mn
Sep 30, 2021 -316.39 Mn
Jun 30, 2021 -348.77 Mn