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
DateValue
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%