Vaxart (VXRT) Net Margin (2009 - 2026)
Vaxart's Net Margin was -49.64% in Q2 2026, down 11.92 percentage points from -37.72% a year earlier and down 62.84 percentage points from the prior quarter.
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Analysis
Vaxart (VXRT) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vaxart's Net Margin was 15.88% through Jun 30, 2026, up 86.04 percentage points year-over-year; for FY2025, it was 6.88%, up 240.15 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +803.22 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -233.27% in FY2024 (+884.30 pp), -1117.56% in FY2023 (+99590.85 pp), -100708.41% in FY2022 (-92808.19 pp) and -7900.22% in FY2021 (-7103.88 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q1 2025.
- Compared with a year earlier, Net Margin was higher in seven of the last eight quarters, with an average year-over-year change of +343.19 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 108182.74 percentage points); the worst was Q4 2022 (a drop of 80658.72 percentage points).
- Per Business Quant data, VXRT's Net Margin in the three quarters before Q2 2026 was 13.20% (Q1 2026), 52.81% (Q4 2025) and -11.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 20.69% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 19.55% |
| 10 | Vaxart | 87.73 Mn | 22.23 Mn | - | -166.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -166.56% |
| Jun 30, 2026 | -49.64% |
| Mar 31, 2026 | 13.20% |
| Dec 31, 2025 | 52.81% |
| Sep 30, 2025 | -11.24% |
| Jun 30, 2025 | -37.72% |
| Mar 31, 2025 | -74.68% |
| Dec 31, 2024 | -78.93% |
| Sep 30, 2024 | -285.42% |
| Jun 30, 2024 | -257.24% |
| Mar 31, 2024 | -1,119.53% |
| Dec 31, 2023 | -535.44% |
| Sep 30, 2023 | -828.18% |
| Jun 30, 2023 | -1,660.53% |
| Mar 31, 2023 | -3,724.44% |
| Dec 31, 2022 | -108,718.18% |
| Mar 31, 2022 | -29,530.59% |
| Dec 31, 2021 | -28,059.46% |
| Sep 30, 2021 | -8,791.50% |
| Jun 30, 2021 | -14,389.29% |
API Access
Vaxart Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VXRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VXRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VXRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();