Novavax (NVAX) Net Income (2010 - 2026)

Novavax's (NVAX) quarterly Net Income came in at -$9.5 million in Q1 2026, down 101.83% year-on-year from $518.6 million in Q1 2025, and down 154.15% quarter-over-quarter from $17.5 million in Q4 2025.

Novavax (NVAX) Net Income (2010 - 2026) Analysis & Trends

Novavax's Net Income history runs 17 years deep, the most recent figure standing at -$9.5 million for Q1 2026.

  • On a quarterly basis, Net Income fell 101.83% year-over-year to -$9.5 million in Q1 2026; TTM through Mar 2026 was -$87.8 million, a 118.35% decrease from a year earlier, with the FY2025 full-year figure at $440.3 million, up 334.83% from the prior year.
  • Net Income slipped to -$9.5 million in Q1 2026 per NVAX's latest filing, from $17.5 million in the prior quarter.
  • Across five years, Net Income topped out at $518.6 million in Q1 2025 and bottomed at -$510.5 million in Q2 2022.
  • The 5-year median for Net Income is -$121.3 million (2024), against an average of -$56.5 million.
  • Across the five-year window, Net Income slumped 244.49% in 2023 and surged 451.51% in 2025, its largest moves.
  • Year by year, Net Income stood at -$182.2 million in 2022, then rose by 2.12% to -$178.4 million in 2023, then jumped by 54.58% to -$81.0 million in 2024, then jumped by 121.63% to $17.5 million in 2025, then slumped by 154.15% to -$9.5 million in 2026.
  • Per Business Quant, the three latest NVAX Net Income figures stand at -$9.5 million (Q1 2026), $17.5 million (Q4 2025), and -$202.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Novavax 788.01 Mn -2.33 Mn 108.82 Mn -9.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.49 Mn
Dec 31, 2025 17.53 Mn
Sep 30, 2025 -202.38 Mn
Jun 30, 2025 106.51 Mn
Mar 31, 2025 518.65 Mn
Dec 31, 2024 -81.03 Mn
Sep 30, 2024 -121.30 Mn
Jun 30, 2024 162.38 Mn
Mar 31, 2024 -147.55 Mn
Dec 31, 2023 -178.39 Mn
Sep 30, 2023 -130.78 Mn
Jun 30, 2023 58.01 Mn
Mar 31, 2023 -293.91 Mn
Dec 31, 2022 -182.25 Mn
Sep 30, 2022 -168.61 Mn
Jun 30, 2022 -510.49 Mn
Mar 31, 2022 203.41 Mn
Dec 31, 2021 -846.28 Mn
Sep 30, 2021 -322.43 Mn
Jun 30, 2021 -352.32 Mn