What are Novavax's profit margins?

Novavax (NVAX) runs a 85.0% gross margin and a -13.1% operating margin, with a -14.7% net margin.

Where do Novavax's ratios come from?

Every ratio is computed from Novavax's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Novavax NVAX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	85%-2.5pp	93.5%+23.2pp	91.8%+28.0pp	88.3%+24.6pp	87.4%+24.5pp
Operating margin	-13.1%-45.9pp	40.3%+76.8pp	28.9%+62.9pp	32.6%+62.3pp	32.8%+72.8pp
Net margin	-14.7%-52.9pp	39.2%+66.7pp	32.1%+64.3pp	39.2%+69.0pp	38.1%+78.2pp
Efficiency
Asset turnover	0.5×-0.4×	0.8×+0.4×	0.7×+0.2×	0.7×+0.1×	0.9×+0.3×
Liquidity
Current ratio	2.5×+0.4×	2.1×+1.1×	2.3×+1.3×	2.4×+1.3×	2.1×+1.2×
Per Share
Book value per share	-$0.89-108%	-$0.74+82.0%	-$0.97+70.7%	$0.21+108%	-$0.43+93.1%
Valuation
Market capitalization	$1.33B+28.6%	$1.09B-15.2%	$1.41B-30.4%	$1.05B-43.6%	$1.03B+54.1%
Price / sales	2.2×+1.4×	1×-0.9×	1.3×-1.0×	1×-0.9×	0.8×+0.2×

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Questions, answered.

What are Novavax's profit margins?: Novavax (NVAX) runs a 85.0% gross margin and a -13.1% operating margin, with a -14.7% net margin.
Where do Novavax's ratios come from?: Every ratio is computed from Novavax's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.