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%-8.5pp	93.5%+1.7pp	91.8%+3.5pp	88.3%+0.8pp	87.4%+17.2pp
Operating margin	-13.1%-53.4pp	40.3%+11.4pp	28.9%-3.7pp	32.6%-0.2pp	32.8%+69.3pp
Net margin	-14.7%-53.9pp	39.2%+7.1pp	32.1%-7.1pp	39.2%+1.1pp	38.1%+65.6pp
Efficiency
Asset turnover	0.5×-0.3×	0.8×+0.1×	0.7×+0.1×	0.7×-0.3×	0.9×+0.5×
Liquidity
Current ratio	2.5×+0.4×	2.1×-0.1×	2.3×-0.1×	2.4×+0.3×	2.1×+1.1×
Per Share
Book value per share	-$0.89-20.1%	-$0.74+23.5%	-$0.97-555%	$0.21+150%	-$0.43+89.6%
Valuation
Market capitalization	$1.46B+41.0%	$1.09B-22.5%	$1.41B+34.0%	$1.05B+2.0%	$1.03B-19.9%
Price / sales	2.5×+1.6×	1×-0.4×	1.3×+0.3×	1×+0.2×	0.8×-1.1×

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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.