Growth Metrics

Novavax (NVAX) Gross Margin (2021 - 2025)

Novavax (NVAX) has 10 years of Gross Margin data on record, last reported at 84.98% in Q4 2025.

  • For Q4 2025, Gross Margin rose 2650.0% year-over-year to 84.98%; the TTM value through Dec 2025 reached 93.1%, up 2282.0%, while the annual FY2025 figure was 93.5%, 2322.0% up from the prior year.
  • Gross Margin reached 84.98% in Q4 2025 per NVAX's latest filing, up from 69.48% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q1 2021 and bottomed at 45.8% in Q2 2022.
  • Average Gross Margin over 5 years is 66.84%, with a median of 77.23% recorded in 2025.
  • Peak YoY movement for Gross Margin: plummeted -14580bps in 2022, then surged 13266bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 100.0% in 2021, then crashed by -51bps to 49.14% in 2022, then decreased by -5bps to 46.81% in 2023, then rose by 25bps to 58.48% in 2024, then skyrocketed by 45bps to 84.98% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 84.98% in Q4 2025, 69.48% in Q3 2025, and 91.24% in Q2 2025.