Novavax (NVAX) Other Working Capital Changes (2010 - 2026)

Novavax (NVAX) recorded quarterly Other Working Capital Changes of -$51.0 million in Q1 2026, up 90.01% quarter-over-quarter from -$510.0 million in Q4 2025, and up 91.56% on a YoY basis from -$26.6 million in Q1 2025.

Novavax (NVAX) Other Working Capital Changes (2010 - 2026) Analysis & Trends

Novavax's Other Working Capital Changes history runs 17 years deep, the most recent figure standing at -$51.0 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes rose 91.56% year-over-year to -$51.0 million; the TTM figure through Mar 2026 stood at -$69.9 million (up 89.44% YoY), while the FY2025 annual figure was -$622.9 million, down 75.93% from the prior year.
  • Other Working Capital Changes was -$51.0 million for Q1 2026 at Novavax, up from -$510.0 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $495.9 million in Q3 2025 to a low of -$604.0 million in Q1 2025.
  • Historically, Other Working Capital Changes has averaged -$54.5 million across 5 years, with a median of -$51.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Other Working Capital Changes jumped 506.53% in 2023, then plunged 55755.31% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at -$77.8 million in 2022, then surged by 506.53% to $316.4 million in 2023, then plunged by 100.29% to -$913000.0 in 2024, then slumped by 55755.31% to -$510.0 million in 2025, then soared by 90.01% to -$51.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at -$51.0 million (Q1 2026), -$510.0 million (Q4 2025), and $495.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -50.95 Mn
Mar 31, 2026 -50.95 Mn
Dec 31, 2025 -509.96 Mn
Dec 31, 2025 -509.96 Mn
Sep 30, 2025 495.88 Mn
Sep 30, 2025 495.88 Mn
Jun 30, 2025 -4.87 Mn
Jun 30, 2025 -4.87 Mn
Mar 31, 2025 -604.00 Mn
Mar 31, 2025 -604.00 Mn
Dec 31, 2024 -913,000.00
Dec 31, 2024 -913,000.00
Sep 30, 2024 -464.21 Mn
Sep 30, 2024 -464.21 Mn
Jun 30, 2024 407.09 Mn
Jun 30, 2024 407.09 Mn
Mar 31, 2024 -296.05 Mn
Mar 31, 2024 -296.05 Mn
Dec 31, 2023 316.45 Mn
Dec 31, 2023 316.45 Mn