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Novavax NVAX Net Income

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Segments

By segment

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Reportable Segment-$53.39M-150%

Other financials

Income statement

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Revenue$56.7M-76.3%
Gross profit$42.5M-81.0%
Operating income-$54.9M-154%
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 us-gaap:NetIncomeLoss.

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

Filed
Aug 6, 2026, 7:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001000694-26-000018
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Other income, net8,91911,90220,74421,957
Income (loss) before income tax expense(51,676)107,454(60,182)627,300
Income tax expense1,7119462,6962,146
Net income (loss)$(53,387)$106,508$(62,878)$625,154
Net income (loss) per share:
Basic$(0.32)$0.66$(0.38)$3.87
Diluted$(0.32)$0.62$(0.38)$3.55
Weighted average number of common shares outstanding:

Item 1. Consolidated Financial Statements

FAQ

What is Novavax's net income?
Novavax (NVAX) reported net income of -$53.39M in Q2 2026.
How has Novavax's net income changed year-over-year?
Novavax's net income decreased by 150.1% year-over-year, from $106.51M to -$53.39M.
What is the long-term trend for Novavax's net income?
Over 4 years (2021 to 2025), Novavax's net income has grown at a -29.1% compound annual growth rate (CAGR), from -$1.74B to $440.3M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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