Novavax (NVAX) Net Margin (2010 - 2026)
Novavax's (NVAX) quarterly Net Margin came in at 6.8% in Q1 2026, down 8460.0% year-on-year from 0.08% in Q1 2025, and down 157.11% quarter-over-quarter from 11.91% in Q4 2025.
Novavax (NVAX) Net Margin (2010 - 2026) Analysis & Trends
Novavax's Net Margin history runs 17 years deep, the most recent figure standing at 6.8% for Q1 2026.
- On a quarterly basis, Net Margin fell 8460.0% year-over-year to 6.8% in Q1 2026; TTM through Mar 2026 was 16.51%, a 5465.0% decrease from a year earlier, with the FY2025 full-year figure at 39.19%, up 6668.0% from the prior year.
- Net Margin declined to 6.8% in Q1 2026 per NVAX's latest filing, from 11.91% in the prior quarter.
- Across five years, Net Margin topped out at 77.8% in Q1 2025 and bottomed at 363.07% in Q1 2023.
- The 5-year median for Net Margin is 50.99% (2022), against an average of 76.3%.
- Across the five-year window, Net Margin soared 32987 bps in 2022 and plunged 39196 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 50.99% in 2022, then retreated by 20 bps to 61.23% in 2023, then sank by 50 bps to 91.76% in 2024, then soared by 113 bps to 11.91% in 2025, then plunged by 157 bps to 6.8% in 2026.
- Per Business Quant, the three latest NVAX Net Margin figures stand at 6.8% (Q1 2026), 11.91% (Q4 2025), and 287.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 15.02% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 34.53% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 20.17% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 30.33% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Novavax | 788.01 Mn | -2.33 Mn | 108.82 Mn | -6.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.80% |
| Dec 31, 2025 | 11.91% |
| Sep 30, 2025 | -287.29% |
| Jun 30, 2025 | 60.86% |
| Mar 31, 2025 | 77.80% |
| Dec 31, 2024 | -91.76% |
| Sep 30, 2024 | -143.53% |
| Jun 30, 2024 | 39.08% |
| Mar 31, 2024 | -157.21% |
| Dec 31, 2023 | -61.23% |
| Sep 30, 2023 | -69.94% |
| Jun 30, 2023 | 13.67% |
| Mar 31, 2023 | -363.07% |
| Dec 31, 2022 | -50.99% |
| Sep 30, 2022 | -22.95% |
| Jun 30, 2022 | -274.57% |
| Mar 31, 2022 | 28.89% |
| Dec 31, 2021 | -380.87% |
| Sep 30, 2021 | -180.29% |
| Jun 30, 2021 | -118.22% |