What is Novavax's total cost of revenue?

Novavax (NVAX) reported total cost of revenue of $30.7M in Q1 2026.

How has Novavax's total cost of revenue changed year-over-year?

Novavax's total cost of revenue increased by 117.5% year-over-year, from $14.12M to $30.7M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Novavax NVAX Total Cost of Revenue

Total Cost of Revenue at other companies

ModernaMRNA

$955M+961%

Merck & Co.MRK

$4.2B+22.7%

ALN

Alnylam PharmaceuticalsALNY

$207.52M+196%

Gilead SciencesGILD

$1.45B-6.2%

ImmunityBio, Inc.IBRX

$238K+310%

BioCryst PharmaceuticalsBCRX

$5.38M+17.7%

Segments

By segment

See full

Reportable Segment$30.7M+117%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$32.4M+82.5%

CapEx$1.3M-20.4%

Free cash flow-$33.7M+82.0%

Valuation

See full

Market cap$1.46B+41.0%

Enterprise value$1.53B+83.6%

P/S2.5×+1.6×

Profitability

See full

Gross margin85%-2.5pp

Operating margin-13.1%-45.9pp

Net margin-14.7%-52.9pp

FCF margin-58.9%-61.4pp

Returns & leverage

See full

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:CostOfRevenue.

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 total cost of revenue?: Novavax (NVAX) reported total cost of revenue of $30.7M in Q1 2026.
How has Novavax's total cost of revenue changed year-over-year?: Novavax's total cost of revenue increased by 117.5% year-over-year, from $14.12M to $30.7M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.