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| Date | Value |
|---|---|
| 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% |