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Novavax NVAX Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin78.6%-9.6pp85%-2.5pp93.5%+23.2pp91.8%+28.0pp88.3%+24.6pp
Operating margin-56.6%-89.2pp-13.1%-45.9pp40.3%+76.8pp28.9%+62.9pp32.6%+62.3pp
Net margin-59.9%-99.1pp-14.7%-52.9pp39.2%+66.7pp32.1%+64.3pp39.2%+69.0pp
Efficiency
Asset turnover0.4×-0.3×0.5×-0.4×0.8×+0.4×0.7×+0.2×0.7×+0.1×
Liquidity
Current ratio2.3×0.0×2.5×+0.4×2.1×+1.1×2.3×+1.3×2.4×+1.3×
Per Share
Book value per share-$1.16-646%-$0.89-108%-$0.74+82.0%-$0.97+70.7%$0.21+108%
Valuation
Market capitalization$1.27B+3.7%$1.33B+28.6%$1.09B-15.2%$1.41B-30.4%$1.05B-43.6%
Price / sales3.1×+1.9×2.2×+1.4×-0.9×1.3×-1.0×-0.9×

FAQ

What are Novavax's profit margins?
Novavax (NVAX) runs a 78.6% gross margin and a -56.6% operating margin, with a -59.9% 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.