Novavax (NVAX) Revenue (2010 - 2026)

Novavax (NVAX) recorded quarterly Revenue of $139.5 million in Q1 2026, down 5.18% quarter-over-quarter from $147.1 million in Q4 2025, and down 79.07% on a YoY basis from $666.7 million in Q1 2025.

Novavax (NVAX) Revenue (2010 - 2026) Analysis & Trends

Novavax's Revenue history runs 17 years deep, the most recent figure standing at $139.5 million for Q1 2026.

  • In Q1 2026, Revenue fell 79.07% year-over-year to $139.5 million; the TTM figure through Mar 2026 stood at $532.1 million (down 57.6% YoY), while the FY2025 annual figure was $1.1 billion, up 64.69% from the prior year.
  • Revenue was $139.5 million for Q1 2026 at Novavax, down from $147.1 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $734.6 million in Q3 2022 to a low of $70.4 million in Q3 2025.
  • Historically, Revenue has averaged $285.1 million across 5 years, with a median of $185.9 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Revenue tumbled 88.5% in 2023, then soared 610.3% in 2025.
  • A 5-year view of Revenue shows it stood at $357.4 million in 2022, then fell by 18.48% to $291.3 million in 2023, then slumped by 69.69% to $88.3 million in 2024, then surged by 66.61% to $147.1 million in 2025, then declined by 5.18% to $139.5 million in 2026.
  • The last three Revenue figures came in at $139.5 million (Q1 2026), $147.1 million (Q4 2025), and $70.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 5.21 Mn
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 306.30 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 2.99 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn 139.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 139.51 Mn
Dec 31, 2025 147.14 Mn
Sep 30, 2025 70.45 Mn
Jun 30, 2025 175.00 Mn
Mar 31, 2025 666.66 Mn
Dec 31, 2024 88.31 Mn
Sep 30, 2024 84.51 Mn
Jun 30, 2024 415.48 Mn
Mar 31, 2024 93.86 Mn
Dec 31, 2023 291.34 Mn
Sep 30, 2023 186.99 Mn
Jun 30, 2023 424.43 Mn
Mar 31, 2023 80.95 Mn
Dec 31, 2022 357.40 Mn
Sep 30, 2022 734.58 Mn
Jun 30, 2022 185.93 Mn
Mar 31, 2022 703.97 Mn
Dec 31, 2021 222.20 Mn
Sep 30, 2021 178.84 Mn
Jun 30, 2021 298.02 Mn