Growth Metrics

Novavax (NVAX) Invested Capital (2016 - 2025)

Novavax (NVAX) has 16 years of Invested Capital data on record, last reported at -$123.2 million in Q4 2025.

  • For Q4 2025, Invested Capital rose 80.26% year-over-year to -$123.2 million; the TTM value through Dec 2025 reached -$123.2 million, up 80.26%, while the annual FY2025 figure was -$123.2 million, 80.26% up from the prior year.
  • Invested Capital reached -$123.2 million in Q4 2025 per NVAX's latest filing, up from -$156.7 million in the prior quarter.
  • Across five years, Invested Capital topped out at $1.0 billion in Q1 2021 and bottomed at -$895.6 million in Q1 2023.
  • Average Invested Capital over 5 years is -$273.5 million, with a median of -$424.3 million recorded in 2022.
  • Peak YoY movement for Invested Capital: skyrocketed 245.19% in 2021, then tumbled 1470.98% in 2023.
  • A 5-year view of Invested Capital shows it stood at -$351.7 million in 2021, then crashed by 80.3% to -$634.1 million in 2022, then decreased by 13.07% to -$716.9 million in 2023, then increased by 12.98% to -$623.8 million in 2024, then surged by 80.26% to -$123.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Invested Capital were -$123.2 million in Q4 2025, -$156.7 million in Q3 2025, and $37.6 million in Q2 2025.