Novavax (NVAX) Retained Earnings (2010 - 2026)

Novavax (NVAX) recorded quarterly Retained Earnings of -$4.6 billion in Q1 2026, little changed quarter-over-quarter from -$4.6 billion in Q4 2025, and down 1.96% on a YoY basis from -$4.7 billion in Q1 2025.

Novavax (NVAX) Retained Earnings (2010 - 2026) Analysis & Trends

Novavax's Retained Earnings history runs 17 years deep, the most recent figure standing at -$4.6 billion for Q1 2026.

  • In Q1 2026, Retained Earnings fell 1.96% year-over-year to -$4.6 billion; the TTM figure through Mar 2026 stood at -$4.6 billion (down 1.96% YoY), while the FY2025 annual figure was -$4.6 billion, up 8.79% from the prior year.
  • Retained Earnings was -$4.6 billion for Q1 2026 at Novavax, roughly flat from -$4.6 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $3.6 million in Q3 2024 to a low of -$5.0 billion in Q4 2024.
  • Historically, Retained Earnings has averaged -$3.0 billion across 5 years, with a median of -$4.5 billion in 2025.
  • The sharpest annual moves came in 2023 and 2024: Retained Earnings slumped 348207.47% in 2023, then jumped 130.33% in 2024.
  • A 5-year view of Retained Earnings shows it stood at -$4.3 billion in 2022, then decreased by 12.75% to -$4.8 billion in 2023, then fell by 3.89% to -$5.0 billion in 2024, then advanced by 8.79% to -$4.6 billion in 2025, then fell by 0.21% to -$4.6 billion in 2026.
  • The last three Retained Earnings figures came in at -$4.6 billion (Q1 2026), -$4.6 billion (Q4 2025), and -$4.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -153.89 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -211.85 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 1.00 Bn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 130.89 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -279.00 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.88
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 14.59 Bn
9 Abivax 91.96 Bn 91.96 Bn - -838.07 Mn
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn -4.58 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.58 Bn
Dec 31, 2025 -4.57 Bn
Sep 30, 2025 -4.59 Bn
Jun 30, 2025 -4.38 Bn
Mar 31, 2025 -4.49 Bn
Dec 31, 2024 -5.01 Bn
Sep 30, 2024 3.60 Mn
Jun 30, 2024 -4.81 Bn
Mar 31, 2024 -4.97 Bn
Dec 31, 2023 -4.82 Bn
Sep 30, 2023 -11.86 Mn
Jun 30, 2023 -8.18 Mn
Mar 31, 2023 -4.57 Bn
Dec 31, 2022 -4.28 Bn
Sep 30, 2022 -23.79 Mn
Jun 30, 2022 -10.87 Mn
Mar 31, 2022 -1.31 Mn
Dec 31, 2021 -1.35 Mn
Sep 30, 2021 861,000.00
Jun 30, 2021 -2.45 Bn