Novavax (NVAX) Invested Capital (2010 - 2026)
Novavax (NVAX) recorded quarterly Invested Capital of $146.3 million in Q1 2026, up 25.6% quarter-over-quarter from $116.5 million in Q4 2025, and up 293.38% on a YoY basis from $37.2 million in Q1 2025.
Novavax (NVAX) Invested Capital (2010 - 2026) Analysis & Trends
Novavax's Invested Capital history runs 17 years deep, the most recent figure standing at $146.3 million for Q1 2026.
- In Q1 2026, Invested Capital rose 293.38% year-over-year to $146.3 million; the TTM figure through Mar 2026 stood at $146.3 million (up 293.38% YoY), while the FY2025 annual figure was $116.5 million, up 120.68% from the prior year.
- Invested Capital was $146.3 million for Q1 2026 at Novavax, up from $116.5 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $146.3 million in Q1 2026 to a low of -$895.6 million in Q1 2023.
- Historically, Invested Capital has averaged -$406.9 million across 5 years, with a median of -$526.4 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Invested Capital slumped 1470.98% in 2023, then soared 293.38% in 2026.
- A 5-year view of Invested Capital shows it stood at -$634.1 million in 2022, then declined by 13.07% to -$716.9 million in 2023, then climbed by 21.46% to -$563.1 million in 2024, then soared by 120.68% to $116.5 million in 2025, then rose by 25.6% to $146.3 million in 2026.
- The last three Invested Capital figures came in at $146.3 million (Q1 2026), $116.5 million (Q4 2025), and -$156.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 7.14 Bn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 795.79 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 595,226.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 14.38 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 19.36 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 502.95 Mn |
| 10 | Novavax | 1.49 Bn | 931.98 Mn | 108.82 Mn | 146.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 146.28 Mn |
| Dec 31, 2025 | 116.46 Mn |
| Sep 30, 2025 | -156.67 Mn |
| Jun 30, 2025 | 37.63 Mn |
| Mar 31, 2025 | -75.64 Mn |
| Dec 31, 2024 | -563.11 Mn |
| Sep 30, 2024 | -526.44 Mn |
| Jun 30, 2024 | -431.71 Mn |
| Mar 31, 2024 | -867.08 Mn |
| Dec 31, 2023 | -716.93 Mn |
| Sep 30, 2023 | -678.35 Mn |
| Jun 30, 2023 | -754.52 Mn |
| Mar 31, 2023 | -895.58 Mn |
| Dec 31, 2022 | -634.08 Mn |
| Sep 30, 2022 | -565.99 Mn |
| Jun 30, 2022 | -416.95 Mn |
| Mar 31, 2022 | 65.32 Mn |
| Dec 31, 2021 | -351.67 Mn |
| Sep 30, 2021 | 461.34 Mn |
| Jun 30, 2021 | 745.56 Mn |