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Novavax NVAX Business Segments — Selling, general, and administrative

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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$1.31B+0.5%
Enterprise value$1.42B+27.9%
P/S3.2×+2.0×

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:SellingGeneralAndAdministrativeExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Direct COVID-19 Vaccine(1)20,07313,07754,32828,824
Direct CIC and influenza vaccines7037,1173,55619,621
Direct other vaccine development programs(1)3,1298425,393997
Employee and benefit expenses30,82036,14968,87576,060
Facility and other research and development expenses(2)15,96822,04834,01342,668
Selling, general, and administrative expense26,66543,61255,44291,702
Other segment income (expense)(3)1,5195,4387,4588,570
Net income (loss)$(53,387)$106,508$(62,878)$625,154

Item 1. Consolidated Financial Statements

FAQ

What is Novavax's business segments — selling, general, and administrative?
Novavax (NVAX) reported business segments — selling, general, and administrative of $26.67M in Q2 2026.
How has Novavax's business segments — selling, general, and administrative changed year-over-year?
Novavax's business segments — selling, general, and administrative decreased by 38.9% year-over-year, from $43.61M to $26.67M.
What is the long-term trend for Novavax's business segments — selling, general, and administrative?
Over 3 years (2022 to 2025), Novavax's business segments — selling, general, and administrative has grown at a -31.4% compound annual growth rate (CAGR), from $488.69M to $157.48M.
What does business segments — selling, general, and administrative mean?
Encompasses the operating expenses required to support the reportable segment's business activities, including marketing, sales, and general corporate overhead. It provides insight into the operational efficiency and the cost structure required to maintain the segment's market presence.

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