Novavax Inc (NVAX) FCF Margin (2010 - 2026)
Novavax (NVAX) reported FCF Margin of -129.45% for Q2 2026, down 75.95 percentage points from -53.50% a year earlier and down 105.30 percentage points from the prior quarter.
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Analysis
Novavax Inc (NVAX) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Novavax's FCF Margin came in at -10.20%, up 48.80 percentage points year-over-year; for FY2025, it came in at -22.27%, down 7.56 percentage points from FY2024.
- FCF Margin has a five-year change of -1.87 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -14.71% in FY2024 (+63.34 pp), -78.05% in FY2023 (-52.56 pp), -25.48% in FY2022 (-48.90 pp) and 23.42% in FY2021 (+43.82 pp).
- The Q2 2026 figure ranks as the lowest quarterly FCF Margin since Q4 2024.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +10.66 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2024 (a gain of 330.32 percentage points); the low point was Q1 2023 (a drop of 411.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -24.15% (Q1 2026), -28.21% (Q4 2025) and 151.04% (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -129.45% |
| Mar 31, 2026 | -24.15% |
| Dec 31, 2025 | -28.21% |
| Sep 30, 2025 | 151.04% |
| Jun 30, 2025 | -53.50% |
| Mar 31, 2025 | -28.07% |
| Dec 31, 2024 | -198.27% |
| Sep 30, 2024 | -172.98% |
| Jun 30, 2024 | 74.95% |
| Mar 31, 2024 | -96.35% |
| Dec 31, 2023 | -63.71% |
| Sep 30, 2023 | -30.92% |
| Jun 30, 2023 | -42.15% |
| Mar 31, 2023 | -426.67% |
| Dec 31, 2022 | -39.41% |
| Sep 30, 2022 | -8.62% |
| Jun 30, 2022 | -105.14% |
| Mar 31, 2022 | -14.96% |
| Dec 31, 2021 | -160.12% |
| Sep 30, 2021 | -86.29% |
API Access
Novavax Inc FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NVAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NVAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NVAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();