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Novavax NVAX Shares (Diluted)

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Other financials

Income statement

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Revenue$56.7M-76.3%
Gross profit$42.5M-81.0%
Operating income-$54.9M-154%
Net income-$53.4M-150%
EPS (diluted)-$0.32-152%

Balance sheet

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Cash & equivalents$191.5M-24.5%
Total debt$297.3M+413%
Total equity-$190.7M-607%
Total assets$955.6M-28.5%

Cash flow

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Operating cash flow-$72.8M+42.9%
CapEx$588.0K+11.6%
Free cash flow-$73.4M+42.7%

Valuation

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Market cap$1.27B+3.7%
Enterprise value$1.38B+33.6%
P/S3.1×+1.9×

Profitability

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Gross margin78.6%-9.6pp
Operating margin-56.6%-89.2pp
Net margin-59.9%-99.1pp
FCF margin-59%-61.5pp

Returns & leverage

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Return on equity-238.6%
Debt / equity1.5×
Current ratio2.3×0.0×

Where this comes from

Reported directly by Novavax in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Novavax’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001000694-26-000018
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Income tax expense1,7119462,6962,146
Net income (loss)$(53,387)$106,508$(62,878)$625,154
Net income (loss) per share:
Basic$(0.32)$0.66$(0.38)$3.87
Diluted$(0.32)$0.62$(0.38)$3.55
Weighted average number of common shares outstanding:
Basic164,574162,019163,929161,536
Diluted164,574177,215163,929177,410

Item 1. Consolidated Financial Statements

FAQ

What is Novavax's shares (diluted)?
Novavax (NVAX) reported shares (diluted) of 164.6M in Q2 2026.
How has Novavax's shares (diluted) changed year-over-year?
Novavax's shares (diluted) decreased by 7.1% year-over-year, from 177.2M to 164.6M.
What is the long-term trend for Novavax's shares (diluted)?
Over 4 years (2021 to 2025), Novavax's shares (diluted) has grown at a 23.5% compound annual growth rate (CAGR), from 296.3M to 690.3M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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