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
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