Financials in USD. Standardized financial statements.
A compact view of how Novavax, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.12B | $682.16M | $556.38M | $1.60B | $197.58M | $22.39M | $18.66M | $34.29M | $31.18M | $15.35M |
| Revenue Growth? | +64.7% | +22.6% | -65.2% | +709.3% | +782.5% | +20.0% | -45.6% | +10.0% | +103.1% | 0.0% |
| Cost of Revenue? | $71.14M | $202.74M | $343.77M | $902.64M | $0 | $0 | $113.84M | $0 | $0 | $237.94M |
| Gross Profit? | $1.05B | $479.42M | $212.61M | $696.31M | $197.58M | $22.39M | -$95.18M | $34.29M | $31.18M | -$222.59M |
| Gross Margin? | +93.7% | +70.3% | +38.2% | +43.5% | +100.0% | +100.0% | -510.0% | +100.0% | +100.0% | -1449.8% |
| Operating Expenses? | $489.07M | $728.35M | $779.13M | $1.34B | $1.88B | $439.11M | $148.26M | $208.21M | $202.89M | $284.47M |
| Operating Income? | $563.27M | -$248.93M | -$566.51M | -$644.74M | -$1.69B | -$416.72M | -$120.58M | -$173.92M | -$171.71M | -$269.11M |
| EBITDA? | $492.33M | -$108.04M | -$487.39M | -$604.71M | -$1.68B | -$398.23M | -$113.28M | -$162.98M | -$159.88M | -$258.50M |
| Income Before Tax | $442.17M | -$176.62M | -$543.03M | -$653.65M | -$1.71B | -$418.26M | -$132.69M | -$184.75M | -$183.77M | -$279.97M |
| Income Tax Expense | $1.86M | $10.88M | $2.03M | $4.29M | $29.21M | $0 | $0 | $1.36M | $0 | $2.32M |
| Net Income? | $440.30M | -$187.50M | -$545.06M | -$657.94M | -$1.74B | -$418.26M | -$130.10M | -$184.75M | -$183.77M | -$279.97M |
| EPS? | $2.72 | $-1.23 | $-5.41 | $-8.42 | $-23.44 | $-7.43 | $-5.40 | $-9.99 | $-12.56 | $-20.68 |
| Diluted EPS? | $2.54 | $-1.23 | $-5.41 | $-8.42 | $-23.44 | $-7.43 | $-5.40 | $-9.99 | $-12.56 | $-20.68 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality