Novavax (NVAX) Net Margin (2010 - 2026)
Novavax (NVAX) posted Net Margin of -94.16% for Q2 2026, down 138.68 percentage points from 44.52% a year earlier and down 87.35 percentage points from the prior quarter.
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Analysis
Novavax (NVAX) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Novavax was -59.88%, down 99.07 percentage points year-over-year; for FY2025, it came in at 39.19%, up 66.68 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +127.13 percentage points (FY2020 to FY2025).
- In prior years, Novavax's Net Margin was -27.49% in FY2024 (+27.92 pp), -55.41% in FY2023 (-22.21 pp), -33.20% in FY2022 (+118.92 pp) and -152.12% in FY2021 (-64.18 pp).
- Quarterly Net Margin has run from a low of -380.87% in Q4 2021 to a high of 77.80% in Q1 2025 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -15.88 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2022, with a gain of 329.87 percentage points; the weakest was Q1 2023, with a drop of 391.96 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -6.81% (Q1 2026), 11.89% (Q4 2025) and -287.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 20.69% |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 19.55% |
| 10 | Novavax | 1.80 Bn | -1.06 Bn | 44.81 Mn | -45.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -45.94% |
| Jun 30, 2026 | -94.16% |
| Mar 31, 2026 | -6.81% |
| Dec 31, 2025 | 11.89% |
| Sep 30, 2025 | -287.29% |
| Jun 30, 2025 | 44.52% |
| 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% |
API Access
Novavax Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NVAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NVAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NVAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();