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| 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 |