Novavax (NVAX) Tax Rate (2010 - 2026)

Novavax (NVAX) recorded quarterly Tax Rate of 11.58% in Q1 2026, down 651.38% quarter-over-quarter from 2.1% in Q4 2025, and down 1181.0% on a YoY basis from 1.07% in Q1 2025.

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 was 11.58% for Q1 2026 at Novavax, down from 2.1% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 2.1% in Q4 2025 to a low of 11.58% in Q1 2026.
  • Historically, Tax Rate has averaged 1.05% across 5 years, with a median of 0.23% in 2025.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate surged 1222 bps in 2025, then slumped 1181 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 1.22% in 2022, then tumbled by 178 bps to 0.96% in 2023, then slumped by 960 bps to 10.12% in 2024, then soared by 121 bps to 2.1% in 2025, then plunged by 651 bps to 11.58% in 2026.
  • The last three Tax Rate figures came in at 11.58% (Q1 2026), 2.1% (Q4 2025), and 0.32% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn -11.58

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.58%
Mar 31, 2026 -11.58%
Dec 31, 2025 2.10%
Dec 31, 2025 2.10%
Sep 30, 2025 0.32%
Sep 30, 2025 0.32%
Jun 30, 2025 0.88%
Jun 30, 2025 0.88%
Mar 31, 2025 0.23%
Mar 31, 2025 0.23%
Dec 31, 2024 -10.12%
Dec 31, 2024 -10.12%
Sep 30, 2024 0.84%
Sep 30, 2024 0.84%
Jun 30, 2024 1.34%
Jun 30, 2024 1.34%
Mar 31, 2024 -1.56%
Mar 31, 2024 -1.56%
Dec 31, 2023 -0.96%
Dec 31, 2023 -0.96%