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Novavax (NVAX) net income by quarter

Novavax's net income was $17.5M in Q4 2025 (fourth quarter 2025), -84% from Q2 2025. Over the last 3 quarters it ranged from $17.5M (Q4 2025) to $519M (Q1 2025).

Novavax net income by quarterNovavax net income by quarter$519MQ1 2025$107MQ2 2025$17.5MQ4 2025
QuarterNet incomeQ/QY/Y
Q4 2025$17.5M-84%—
Q2 2025$107M-79%—
Q1 2025$519M——

Q4 2025 at a glance

Novavax, Q4 2025: revenue $147M (+67% year over year), operating margin 9.7%, net earnings $17.5M, operating cash flow −$39.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is Novavax's net income?

Novavax's net income was $17.5M in Q4 2025 (fourth quarter 2025), -84% from Q2 2025.

How has Novavax's net income changed?

Over the last 3 quarters it ranged from $17.5M (Q4 2025) to $519M (Q1 2025).

Q4 2025 results → · How Novavax makes money →