Novavax (NVAX)
Builds protein vaccines and Matrix-M partnerships around Nuvaxovid and R21/Matrix-M.
$10.93
After hours+0.09 (+0.88%)
At close$10.84(+4.08%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 291 | 94 | 415 | 85 | 88 | 667 | 239 | 70 | 147 | 140 | 57 |
| Cost of revenue | 99 | 149 | 49 | 46 | 61 | 37 | 14 | 14 | 21 | 25 | 31 | 14 |
| Gross profit | −77 | 142 | 45 | 369 | 24 | 52 | 653 | 225 | 49 | 122 | 109 | 42 |
| 49 | 326 | 184 | 208 | 158 | 183 | 137 | 119 | 227 | 101 | 124 | 97 | |
| Research & development | 106 | 165 | 93 | 107 | 87 | 104 | 89 | 78 | 98 | 74 | 95 | 71 |
| Selling, general & administrative | 107 | 155 | 82 | 101 | 71 | 78 | 48 | 41 | 32 | 27 | 29 | 0 |
| Other expenses | −165 | 6 | 9 | 0 | 0 | 0 | 0 | 1 | 97 | 0 | 0 | 27 |
| Operating income | −126 | −184 | −139 | 161 | −134 | −131 | 516 | 106 | −178 | 21 | −15 | −55 |
| −6 | 7 | −7 | 4 | 12 | 57 | 4 | 2 | −25 | −3 | 7 | 3 | |
| Interest expense | 3 | 4 | 4 | 4 | 4 | 8 | 6 | 6 | 5 | 6 | −5 | 6 |
| Other non-operating income | 3 | −11 | 2 | −8 | −16 | −65 | −10 | −7 | 20 | −3 | −12 | −9 |
| Income before tax | −131 | −177 | −145 | 165 | −122 | −74 | 520 | 107 | −203 | 18 | −9 | −52 |
| Income tax expense | −1 | 2 | 2 | 2 | −1 | 7 | 1 | 1 | −1 | 0 | 1 | 2 |
| Net income from continuing operations | −131 | −178 | −148 | 162 | −121 | −81 | 519 | 107 | −202 | 18 | −9 | −53 |
| Net income | −131 | −178 | −148 | 162 | −121 | −81 | 519 | 107 | −202 | 18 | −9 | −53 |
| EPS, basic | −$1.26 | −$1.44 | −$1.05 | $1.11 | −$0.76 | −$0.51 | $3.22 | $0.66 | −$1.25 | $0.11 | −$0.06 | −$0.32 |
| EPS, diluted | −$1.26 | −$1.44 | −$1.05 | $0.99 | −$0.76 | −$0.51 | $2.93 | $0.60 | −$1.25 | $0.11 | −$0.06 | −$0.32 |
| Weighted average shares, basic | 103 | 124 | 140 | 148 | 160 | 160 | 161 | 162 | 162 | 162 | 163 | 165 |
| Weighted average shares, diluted | 103 | 124 | 140 | 166 | 160 | 160 | 178 | 177 | 162 | 173 | 163 | 165 |
| EBITDA | −117 | −162 | −129 | 180 | −105 | −53 | 534 | 121 | −191 | 29 | −1 | −40 |
| Depreciation & amortization | 11 | 11 | 12 | 11 | 13 | 13 | 8 | 8 | 7 | 5 | 3 | 6 |
| EBIT | −129 | −173 | −141 | 169 | −118 | −66 | 526 | 113 | −198 | 24 | −4 | −46 |
