Growth Metrics

Novavax (NVAX) Tax Rate (2021 - 2025)

Novavax has reported Tax Rate over the past 8 years, most recently at 2.1% for Q4 2025.

  • Quarterly results put Tax Rate at 2.1% for Q4 2025, up 1222.0% from a year ago — trailing twelve months through Dec 2025 was 0.42% (up 658.0% YoY), and the annual figure for FY2025 was 0.42%, up 658.0%.
  • Tax Rate for Q4 2025 was 2.1% at Novavax, up from 0.32% in the prior quarter.
  • Over the last five years, Tax Rate for NVAX hit a ceiling of 2.1% in Q4 2025 and a floor of 10.12% in Q4 2024.
  • Median Tax Rate over the past 5 years was 0.26% (2022), compared with a mean of 0.63%.
  • Biggest five-year swings in Tax Rate: crashed -917bps in 2024 and later skyrocketed 1222bps in 2025.
  • Novavax's Tax Rate stood at 2.0% in 2021, then surged by 161bps to 1.22% in 2022, then plummeted by -178bps to 0.96% in 2023, then tumbled by -960bps to 10.12% in 2024, then skyrocketed by 121bps to 2.1% in 2025.
  • The last three reported values for Tax Rate were 2.1% (Q4 2025), 0.32% (Q3 2025), and 0.88% (Q2 2025) per Business Quant data.