Novavax (NVAX) Shares Outstanding (Diluted Average) (2019 - 2026)

Novavax (NVAX) recorded quarterly Shares Outstanding (Diluted Average) of $163.3 million in Q1 2026, down 5.68% quarter-over-quarter from $173.1 million in Q4 2025, and down 8.08% on a YoY basis from $177.6 million in Q1 2025.

Novavax (NVAX) Shares Outstanding (Diluted Average) (2019 - 2026) Analysis & Trends

Novavax's Shares Outstanding (Diluted Average) history runs 8 years deep, the most recent figure standing at $163.3 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) fell 8.08% year-over-year to $163.3 million; the TTM figure through Mar 2026 stood at $163.3 million (down 8.08% YoY), while the FY2025 annual figure was $173.1 million, up 13.74% from the prior year.
  • Shares Outstanding (Diluted Average) was $163.3 million for Q1 2026 at Novavax, down from $173.1 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $177.6 million in Q1 2025 to a low of $77.6 million in Q3 2022.
  • Historically, Shares Outstanding (Diluted Average) has averaged $125.5 million across 5 years, with a median of $139.9 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Diluted Average) soared 65.34% in 2024, then decreased 8.08% in 2026.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $78.2 million in 2022, then advanced by 28.89% to $100.8 million in 2023, then jumped by 51.03% to $152.2 million in 2024, then climbed by 13.74% to $173.1 million in 2025, then slipped by 5.68% to $163.3 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $163.3 million (Q1 2026), $173.1 million (Q4 2025), and $162.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 4,489.46 Bn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 810.00
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 118.76 Bn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 1.48 Bn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 256.30 Mn
9 Abivax 91.96 Bn 91.96 Bn - 92.44 Mn
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn 163.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 163.28 Mn
Dec 31, 2025 173.10 Mn
Sep 30, 2025 162.35 Mn
Jun 30, 2025 177.22 Mn
Mar 31, 2025 177.63 Mn
Dec 31, 2024 152.19 Mn
Sep 30, 2024 149.49 Mn
Jun 30, 2024 145.12 Mn
Mar 31, 2024 139.92 Mn
Dec 31, 2023 100.77 Mn
Sep 30, 2023 103.43 Mn
Jun 30, 2023 87.77 Mn
Mar 31, 2023 86.16 Mn
Dec 31, 2022 78.18 Mn
Sep 30, 2022 77.63 Mn
Jun 30, 2022 78.14 Mn
Mar 31, 2022 80.71 Mn
Dec 31, 2021 74.40 Mn
Sep 30, 2021 73.97 Mn
Jun 30, 2021 74.12 Mn