Novavax (NVAX) Revenue (2010 - 2026)
Novavax's (NVAX) quarterly Revenue came in at $139.5 million in Q1 2026, down 79.07% year-on-year from $666.7 million in Q1 2025, and down 5.18% quarter-over-quarter from $147.1 million in Q4 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.
- On a quarterly basis, Revenue fell 79.07% year-over-year to $139.5 million in Q1 2026; TTM through Mar 2026 was $532.1 million, a 57.6% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 64.69% from the prior year.
- Revenue declined to $139.5 million in Q1 2026 per NVAX's latest filing, from $147.1 million in the prior quarter.
- Across five years, Revenue topped out at $734.6 million in Q3 2022 and bottomed at $70.4 million in Q3 2025.
- The 5-year median for Revenue is $185.9 million (2022), against an average of $285.1 million.
- Across the five-year window, Revenue tumbled 88.5% in 2023 and surged 610.3% in 2025, its largest moves.
- Year by year, Revenue stood at $357.4 million in 2022, then fell by 18.48% to $291.3 million in 2023, then plunged 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.
- Per Business Quant, the three latest NVAX Revenue figures stand at $139.5 million (Q1 2026), $147.1 million (Q4 2025), and $70.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.51 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 2.99 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 3.61 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 1.30 Bn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Novavax | 1.23 Bn | 435.05 Mn | 108.82 Mn | 139.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |