Novavax NVAX
NASDAQ NVAX
$10.21 -0.13 (-1.26%)
As of: Sep 4, 2026 · 12:50 PM EDT

Novavax (NVAX) Tax Rate (2010 - 2026)

Novavax (NVAX) posted quarterly Tax Rate of 11.58% for Q1 2026, down 1181.0% year-over-year from 1.07% in Q1 2025, and down 651.38% quarter-over-quarter from 2.1% in Q4 2025.

Analysis

Novavax (NVAX) Tax Rate (2010 - 2026) Analysis & Trends

Novavax's Tax Rate history runs 9 years deep, the most recent figure standing at 11.58% for Q1 2026.

  • In Q1 2026, Tax Rate fell 1181.0% year-over-year to 11.58%; the TTM figure through Mar 2026 stood at 1.91% (down 393.0% YoY), while the FY2025 annual figure was 0.42%, up 658.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 11.58%, down from 2.1% in the prior quarter.
  • The five-year high for Tax Rate was 2.1% in Q4 2025, with the low at 11.58% in Q1 2026.
  • The 5-year median for Tax Rate is 0.23% (2025), against an average of 1.05%.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate jumped 1222 bps in 2025, then sank 1181 bps in 2026.
  • Novavax's Tax Rate stood at 1.22% in 2022, then slumped by 178 bps to 0.96% in 2023, then sank by 960 bps to 10.12% in 2024, then surged by 121 bps to 2.1% in 2025, then tumbled by 651 bps to 11.58% in 2026.
  • Business Quant data shows NVAX's Tax Rate at 11.58% in Q1 2026, 2.1% in Q4 2025, and 0.32% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 139.62 Bn 131.77 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 85.73 Bn 77.73 Bn 3.93 Bn 15.11%
3 Argenx Se 63.53 Bn 58.35 Bn 1.37 Bn -10.89%
4 Moderna 58.23 Bn 53.09 Bn 52.00 Mn -1.96%
5 Revolution Medicines 44.05 Bn 44.05 Bn - -
6 BeOne Medicines 40.03 Bn 34.93 Bn 1.53 Bn 24.15%
7 Alnylam Pharmaceuticals 35.50 Bn 32.19 Bn 992.69 Mn 7.49%
8 Royalty Pharma 28.52 Bn 27.68 Bn - -
9 Insmed 27.46 Bn 26.30 Bn 358.27 Mn -16.71%
10 Novavax 1.68 Bn 960.08 Mn 42.45 Mn -3.31%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -3.31%
Mar 31, 2026 -11.58%
Dec 31, 2025 2.10%
Sep 30, 2025 0.32%
Jun 30, 2025 0.88%
Mar 31, 2025 0.23%
Dec 31, 2024 -10.12%
Sep 30, 2024 0.84%
Jun 30, 2024 1.34%
Mar 31, 2024 -1.56%
Dec 31, 2023 -0.96%
Sep 30, 2023 0.53%
Jun 30, 2023 -0.25%
Mar 31, 2023 -0.40%
Dec 31, 2022 1.22%
Sep 30, 2022 -1.49%
Jun 30, 2022 -0.28%
Mar 31, 2022 1.29%
Dec 31, 2021 -2.00%
Sep 30, 2021 -1.91%