Novavax (NVAX) Tax Rate (2010 - 2026)

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

• On a quarterly basis, Tax Rate fell 1181.0% year-over-year to 11.58% in Q1 2026; TTM through Mar 2026 was 1.91%, a 393.0% decrease from a year earlier, with the FY2025 full-year figure at 0.42%, up 658.0% from the prior year.
• Tax Rate fell to 11.58% in Q1 2026 per NVAX's latest filing, from 2.1% in the prior quarter.
• Across five years, Tax Rate topped out at 2.1% in Q4 2025 and bottomed at 11.58% in Q1 2026.
• The 5-year median for Tax Rate is 0.23% (2025), against an average of 1.05%.
• Across the five-year window, Tax Rate jumped 1222 bps in 2025 and slumped 1181 bps in 2026, its largest moves.
• Year by year, Tax Rate stood at 1.22% in 2022, then sank by 178 bps to 0.96% in 2023, then plunged by 960 bps to 10.12% in 2024, then soared by 121 bps to 2.1% in 2025, then slumped by 651 bps to 11.58% in 2026.
• Per Business Quant, the three latest NVAX Tax Rate figures stand at 11.58% (Q1 2026), 2.1% (Q4 2025), and 0.32% (Q3 2025).