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Novavax NVAX Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

Vaxcyte, Inc. logo
Vaxcyte, Inc.PCVX
$8.74M+483%
Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
$2.33M+919%
ALN
Alnylam PharmaceuticalsALNY
$6.32M-80.7%
BioCryst Pharmaceuticals logo
BioCryst PharmaceuticalsBCRX
-$3.53M-2,776%
Moderna logo
ModernaMRNA
Gilead Sciences logo
Gilead SciencesGILD

Other financials

Income statement

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Revenue$139.5M-79.1%
Gross profit$108.8M-83.3%
Operating income-$15.4M-103%
Net income-$9.5M-102%
EPS (diluted)-$0.06-102%

Balance sheet

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Cash & equivalents$228.4M-13.3%
Total debt$295.1M+404%
Total equity-$144.8M-91.4%
Total assets$1.0B-19.3%

Cash flow

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Operating cash flow-$32.4M+82.5%
CapEx$1.3M-20.4%
Free cash flow-$33.7M+82.0%

Valuation

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Market cap$1.46B+41.0%
Enterprise value$1.53B+83.6%
P/S2.5×+1.6×

Profitability

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Gross margin85%-2.5pp
Operating margin-13.1%-45.9pp
Net margin-14.7%-52.9pp
FCF margin-58.9%-61.4pp

Returns & leverage

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Return on equity-238.6%
Debt / equity1.5×
Current ratio2.5×+0.4×

Where this comes from

Reported directly by Novavax in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Novavax’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novavax's increase (decrease) in prepaid expense and other assets?
Novavax (NVAX) reported increase (decrease) in prepaid expense and other assets of -$86.24M in Q1 2026.
How has Novavax's increase (decrease) in prepaid expense and other assets changed year-over-year?
Novavax's increase (decrease) in prepaid expense and other assets decreased by 16.8% year-over-year, from -$73.87M to -$86.24M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.