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Novavax NVAX Provision for excess and obsolete inventory

Provision for excess and obsolete inventory at other companies

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Flotek IndustriesFTK
$693K+273%
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$693K+273%
Flotek Industries logo
Flotek IndustriesFTK
$200K0.0%
Flotek Industries logo
Flotek IndustriesFTK
$500K+9,900%
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Beta BionicsBBNX
-$202K-346%
Glaukos logo
GlaukosGKOS
$334.75K+102%

Other financials

Income statement

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Revenue$56.7M-76.3%
Gross profit$42.5M-81.0%
Operating income-$54.9M-154%
Net income-$53.4M-150%
EPS (diluted)-$0.32-152%

Balance sheet

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Cash & equivalents$191.5M-24.5%
Total debt$297.3M+413%
Total equity-$190.7M-607%
Total assets$955.6M-28.5%

Cash flow

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Operating cash flow-$72.8M+42.9%
CapEx$588.0K+11.6%
Free cash flow-$73.4M+42.7%

Valuation

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Market cap$1.27B+3.7%
Enterprise value$1.38B+33.6%
P/S3.1×+1.9×

Profitability

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Gross margin78.6%-9.6pp
Operating margin-56.6%-89.2pp
Net margin-59.9%-99.1pp
FCF margin-59%-61.5pp

Returns & leverage

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Return on equity-238.6%
Debt / equity1.5×
Current ratio2.3×0.0×

Where this comes from

Reported directly by Novavax in its filing.

Tagged under the XBRL concept nvax:ProvisionForExcessAndObsoleteInventory.

The source filing: Novavax’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 7:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001000694-26-000018

FAQ

What is Novavax's provision for excess and obsolete inventory?
Novavax (NVAX) reported provision for excess and obsolete inventory of $1.6M in Q2 2026.
How has Novavax's provision for excess and obsolete inventory changed year-over-year?
Novavax's provision for excess and obsolete inventory increased by 44.8% year-over-year, from $1.1M to $1.6M.
What is the long-term trend for Novavax's provision for excess and obsolete inventory?
Over 3 years (2022 to 2025), Novavax's provision for excess and obsolete inventory has grown at a -83.7% compound annual growth rate (CAGR), from $447.6M to $1.95M.
What does provision for excess and obsolete inventory mean?
Provision for excess and obsolete inventory as reported by Novavax Inc.

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