Novavax, Inc. (NVAX) quarterly balance sheet — complete assets, liabilities & equity history
Novavax, Inc. (NVAX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 771.1M | 850.82M | 978.28M | 974.59M | 919.51M | 868.03M | 1.13B | 1.1B | 1.2B | 727.12M | 1.14B | 1.01B | 1.13B | 971.03M | 1.7B | 1.76B | 2.14B | 2.35B | 2.16B | 2.17B |
| Cash & Short-Term Investments | 719.34M | 790.33M | 735.08M | 762.89M | 612.3M | 731.48M | 923.12M | 909.53M | 1.05B | 480.59M | 568.5M | 651.1M | 505.91M | 624.95M | 1.34B | 1.28B | 1.38B | 1.57B | 1.52B | 1.94B |
| Cash Only | 191.46M | 228.36M | 240.63M | 268.02M | 253.74M | 263.34M | 530.23M | 573.63M | 680.16M | 480.59M | 568.5M | 651.1M | 505.91M | 624.95M | 1.34B | 1.28B | 1.38B | 1.57B | 1.52B | 1.94B |
| Short-Term Investments | 527.88M | 561.97M | 494.45M | 494.87M | 358.56M | 468.14M | 392.89M | 335.9M | 369.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 18.74M | 23.31M | 106.45M | 34.17M | 226.4M | 44.51M | 108.28M | 94.96M | 32.1M | 21.38M | 297.24M | 123.66M | 394.89M | 112.85M | 82.38M | 111.64M | 194.53M | 478.16M | 454.99M | 109.96M |
| Days Sales Outstanding | 33.75 | 41.85 | 43.96 | 170.15 | 51.52 | 10.31 | 105.87 | 69.16 | 5.86 | 154.46 | 66.46 | 1.08K | 54.43 | -1.37K | 31.01 | 19.17 | 164.62 | 69.45 | -35.77 | 46.64 |
| Inventory | 10.01M | 11.46M | 11.54M | 13.51M | 10.24M | 10.26M | 8.75M | 8.64M | 9.17M | 15.78M | 41.7M | 69.59M | 23.49M | 34.19M | 36.68M | 82.43M | 256.3M | 106.65M | 0 | 0 |
| Days Inventory Outstanding | 68.55 | 33.72 | 45.73 | 50.83 | 65.58 | 60.61 | 21.81 | 13.51 | 24.55 | 53.58 | 34.39 | 43.28 | 47.05 | 93.56 | 30.14 | 35.85 | 60.92 | 631.3 | - | - |
| Other Current Assets | 23.01M | 25.71M | 125.2M | 164.01M | 70.57M | 81.78M | 32.51M | 90.55M | 112.5M | 209.38M | 166.15M | 162.41M | 203.26M | 199.04M | 86.68M | 10.79M | 10.27M | 11.49M | 56.11M | 8.18M |
| Total Non-Current Assets | 184.48M | 192.35M | 198.24M | 205.3M | 417.04M | 424.96M | 431.48M | 608.8M | 615.28M | 626.41M | 653.6M | 650.39M | 557.49M | 571.67M | 555.29M | 507.47M | 486.99M | 487.47M | 421.63M | 391.76M |
| Property, Plant & Equipment | 57.98M | 63.51M | 67.7M | 72.99M | 282.69M | 291.03M | 300M | 451.49M | 458.07M | 472.27M | 490.99M | 491.72M | 395.69M | 411.34M | 400.49M | 364.07M | 340.3M | 333.56M | 228.7M | 214.75M |
| Fixed Asset Turnover | 0.93x | 2.13x | 2.09x | 0.40x | 0.83x | 2.26x | 0.24x | 0.19x | 0.89x | 0.19x | 0.59x | 0.05x | 1.05x | -0.02x | 0.75x | 2.09x | 0.55x | 2.15x | -3.28x | 0.84x |
| Goodwill | 112.54M | 112.89M | 113.46M | 113.08M | 112.96M | 112.03M | 107.48M | 126.77M | 123.38M | 123.18M | 127.45M | 123.78M | 128.37M | 129.83M | 126.33M | 117.53M | 123.47M | 130.76M | 131.48M | 131.99M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.46M | 4.03M | 4.54M | 4.77M | 5.03M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.66M | 0 | 0 | 0 | 1.65M | 0 |
| Other Non-Current Assets | 13.96M | 15.95M | 17.08M | 19.23M | 21.39M | 21.9M | 24M | 30.55M | 33.83M | 30.97M | 35.16M | 34.89M | 33.43M | 30.51M | 28.47M | 17.41M | 19.2M | 18.61M | 56.69M | 39.99M |
| Total Assets | 955.58M | 1.04B | 1.18B | 1.18B | 1.34B | 1.29B | 1.56B | 1.71B | 1.82B | 1.35B | 1.8B | 1.66B | 1.69B | 1.54B | 2.26B | 2.27B | 2.62B | 2.83B | 2.58B | 2.57B |
| Asset Turnover | 0.06x | 0.13x | 0.12x | 0.06x | 0.18x | 0.47x | 0.05x | 0.05x | 0.26x | 0.06x | 0.17x | 0.01x | 0.26x | -0.00x | 0.13x | 0.30x | 0.07x | 0.22x | -0.28x | 0.07x |
| Asset Growth % | -28.5% | -19.32% | -24.6% | -31.1% | -26.51% | -4.47% | -13.19% | 3.34% | 7.93% | -12.26% | -20.42% | -26.91% | -35.76% | -45.58% | -12.34% | -11.63% | -4.6% | 8.68% | 62.83% | 171.81% |
| Total Current Liabilities | 330.57M | 342.46M | 459.95M | 429.87M | 389.14M | 422.17M | 1.15B | 1.18B | 1.16B | 804.38M | 1.64B | 1.47B | 1.6B | 1.92B | 2.46B | 1.67B | 2.16B | 2.26B | 2.39B | 1.75B |
| Accounts Payable | 22.94M | 16.1M | 24.58M | 15.23M | 50.59M | 34.16M | 41.58M | 57.52M | 79.96M | 57.72M | 132.61M | 101.91M | 87.25M | 124.8M | 216.52M | 145M | 386.49M | 135.13M | 127.05M | 59.56M |
| Days Payables Outstanding | 124.68 | 59.64 | 72.65 | 140.85 | 271.1 | 241.47 | 124.31 | 104.32 | 135.48 | 177.43 | 72.46 | 87.96 | 172.98 | 450.6 | 91.49 | 56.26 | 87.55 | 775.98 | - | - |
| Short-Term Debt | 4.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 324.88M | 324.52M | 324.17M | 323.81M | 0 | 0 |
| Deferred Revenue (Current) | 86.58M | 88.77M | 140.05M | 104.25M | 113.76M | 108.33M | 675.07M | 613.42M | 666.39M | 240.9M | 241.31M | 192.19M | 300.47M | 415.76M | 370.14M | 404.78M | 701.52M | 1.09B | 1.42B | 1.26B |
| Other Current Liabilities | 239.89M | 132.45M | 236.62M | 189.77M | 132.53M | 142.03M | 279.95M | 281.71M | 242.81M | 242.1M | 917.36M | 861.96M | 749.19M | 858.38M | 982.62M | 160.5M | 34.16M | 31.27M | 74.48M | 3.64M |
| Current Ratio | 2.33x | 2.48x | 2.13x | 2.27x | 2.36x | 2.06x | 0.98x | 0.93x | 1.04x | 0.90x | 0.70x | 0.69x | 0.71x | 0.51x | 0.69x | 1.06x | 0.99x | 1.04x | 0.90x | 1.24x |
| Quick Ratio | 2.30x | 2.45x | 2.10x | 2.24x | 2.34x | 2.03x | 0.97x | 0.93x | 1.03x | 0.88x | 0.67x | 0.64x | 0.69x | 0.49x | 0.68x | 1.01x | 0.87x | 0.99x | 0.90x | 1.24x |
| Cash Conversion Cycle | -22.38 | 15.94 | 17.04 | 80.12 | -154 | -170.54 | 3.37 | -21.65 | -105.07 | 30.61 | 28.38 | 1.04K | -71.5 | -1.72K | -30.34 | -1.23 | 137.99 | -75.23 | - | - |
| Total Non-Current Liabilities | 815.71M | 845.46M | 844.32M | 906.69M | 909.79M | 946.47M | 1.03B | 1.06B | 1.09B | 1.42B | 879.28M | 866.92M | 843.31M | 519.42M | 432.81M | 1.17B | 883.7M | 508.55M | 538.11M | 351.19M |
| Long-Term Debt | 293.21M | 291.04M | 244.21M | 243.84M | 170.57M | 170.13M | 169.68M | 169.26M | 168.85M | 168.43M | 168.02M | 167.62M | 167.25M | 166.86M | 166.47M | 0 | 0 | 0 | 323.46M | 323.1M |
| Capital Lease Obligations | 0 | 1.91M | 2.09M | 2.27M | 52.37M | 53.05M | 53.73M | 54.37M | 54.97M | 54.61M | 55.92M | 53.16M | 30.74M | 30.99M | 31.24M | 31.47M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 522.5M | 193.24M | 239.07M | 263.48M | 287.58M | 313.73M | 359.61M | 318.92M | 335.29M | 351.72M | 33.13M | 37.3M | 38.38M | 47.51M | 55.7M | 98.57M | 69.08M | 66.8M | 42.12M | 28.09M |
| Total Liabilities | 1.15B | 1.19B | 1.3B | 1.34B | 1.3B | 1.37B | 2.18B | 2.24B | 2.25B | 2.22B | 2.51B | 2.34B | 2.44B | 2.44B | 2.89B | 2.83B | 3.04B | 2.77B | 2.93B | 2.1B |
| Total Debt | 297.32M | 295.06M | 248.81M | 251.14M | 228.49M | 228.66M | 230.42M | 233.31M | 233.25M | 229.33M | 229.08M | 222.11M | 198.94M | 199.06M | 549.78M | 438.09M | 448.43M | 440.5M | 453.99M | 427.09M |
| Net Debt | 105.86M | 66.69M | 8.18M | -16.88M | -25.25M | -34.68M | -299.81M | -340.32M | -446.92M | -251.25M | -339.42M | -428.99M | -306.97M | -425.89M | -787.1M | -842.49M | -927.16M | -1.13B | -1.06B | -1.51B |
| Debt / Equity | - | - | - | - | 6.07x | - | - | - | - | - | - | - | - | - | - | - | - | 6.74x | - | 0.93x |
| Debt / EBITDA | - | - | 9.52x | - | 2.02x | 0.44x | - | - | 1.36x | - | - | - | 3.04x | - | - | - | - | 2.04x | - | - |
| Net Debt / EBITDA | - | - | 0.31x | - | -0.22x | -0.07x | - | - | -2.60x | - | - | - | -4.68x | - | - | - | - | -5.23x | - | - |
| Interest Coverage | -8.08x | -0.74x | 4.07x | -36.04x | 20.47x | 91.83x | -8.70x | -27.88x | 40.73x | -34.34x | -41.92x | -44.99x | 19.52x | -66.82x | -39.10x | -38.85x | -80.66x | 43.26x | -160.41x | -60.06x |
| Total Equity | -190.71M | -144.76M | -127.75M | -156.67M | 37.63M | -75.64M | -623.84M | -526.44M | -431.71M | -867.08M | -716.93M | -678.35M | -754.52M | -895.58M | -634.08M | -565.99M | -416.95M | 65.32M | -351.67M | 461.34M |
| Equity Growth % | -606.86% | -91.38% | 79.52% | 70.24% | 108.72% | 91.28% | 12.98% | 22.39% | 42.78% | 3.18% | -13.07% | -19.85% | -80.96% | -1470.98% | -80.3% | -222.68% | -155.92% | -93.71% | -156.07% | 333.42% |
| Book Value per Share | -1.16 | -0.89 | -0.74 | -0.97 | 0.21 | -0.43 | -3.89 | -3.29 | -2.60 | -6.20 | -5.80 | -6.56 | -7.25 | -10.39 | -7.94 | -7.23 | -5.34 | 0.81 | -4.73 | 6.17 |
| Total Shareholders' Equity | -190.71M | -144.76M | -127.75M | -156.67M | 37.63M | -75.64M | -623.84M | -526.44M | -431.71M | -867.08M | -716.93M | -678.35M | -754.52M | -895.58M | -634.08M | -565.99M | -416.95M | 65.32M | -351.67M | 461.34M |
| Common Stock | 1.68M | 1.68M | 1.65M | 1.65M | 1.65M | 1.64M | 1.62M | 1.62M | 1.61M | 1.42M | 1.41M | 1.2M | 952K | 871K | 868K | 792K | 788K | 787K | 764K | 760K |
| Retained Earnings | -4.63B | -4.58B | -4.57B | -4.59B | -4.38B | -4.49B | -5.01B | -4.93B | -4.81B | -4.97B | -4.82B | -4.64B | -4.51B | -4.57B | -4.28B | -4.09B | -3.93B | -3.41B | -3.62B | -2.77B |
| Treasury Stock | 0 | -112.32M | -103.02M | -102.66M | -102.46M | -101.94M | -95.85M | -94.86M | -94.44M | -93.95M | -92.27M | -91.71M | -91.42M | -91.23M | -90.66M | -89.94M | -86.45M | -85.9M | -85.1M | -79.13M |
| Accumulated OCI | -7.45M | -5.07M | 2.01M | -1.75M | -458K | 1.61M | -22.56M | 3.6M | -10.51M | -10.82M | 2.72M | -11.86M | -8.18M | -3.17M | -6.38M | -23.79M | -10.87M | -1.31M | -1.35M | 861K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |