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Novavax NVAX Deferred Revenue

Deferred Revenue at other companies

Moderna logo
ModernaMRNA
$295M+35.3%
ALN
Alnylam PharmaceuticalsALNY
$4.01M-73.4%
Candel Therapeutics, Inc. logo
Candel Therapeutics, Inc.CADL
$67K

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+0.5%
Enterprise value$1.38B+27.9%
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 us-gaap:ContractWithCustomerLiabilityCurrent.

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 deferred revenue?
Novavax (NVAX) reported deferred revenue of $86.58M in Q2 2026.
How has Novavax's deferred revenue changed year-over-year?
Novavax's deferred revenue decreased by 23.9% year-over-year, from $113.76M to $86.58M.
What is the long-term trend for Novavax's deferred revenue?
Over 5 years (2020 to 2025), Novavax's deferred revenue has grown at a -14.1% compound annual growth rate (CAGR), from $300M to $140.05M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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