Novavax, Inc. (NVAX)

Novavax Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	422.82	-187.5	-545.06	-657.94	-1,744	-418.26
Depreciation & Amortization	41.12	48.5	41.23	29.05	12.66	4.89
Stock-Based Compensation	42	48.15	85.36	130.3	183.63	128.04
Other Adjustments	-7.75	-44.89	81.35	443.8	136.79	230.78
Change in Receivables	-131.62	354.09	-274.44	249.17	-183.39	-422.69
Changes in Inventories	-2.9	12.91	-74.46	-477.8	-8.87	-
Changes in Accounts Payable	-293.63	-385.63	-378.81	913.4	600.33	163.16
Changes in Unearned Revenue	-652.79	67.11	350.87	-1,046	1,326	271.55
Operating Cash Flow	-630.94	-87.26	-713.97	-415.94	322.95	-42.54
Capital Expenditures	-4.77	-13.06	-53.77	-89.06	-54.5	-54.47
Purchases of Intangible Assets	-1.62	-1.58	-5.04	-3.93	-2.99	-0.15
Purchases of Investments	-	-825.59	-	-	-2.17	-363.2
Proceeds from Sale of Investments	154.63	443.55	-	-	159.81	205.56
Payments for Business Acquisitions	-	-	-	-	-	-165.52
Proceeds from Business Divestments	-	192.64	-	-	-	-
Investing Cash Flow	213.7	-204.04	-58.81	-92.99	100.15	-377.78
Long-Term Debt Issued	-	-	-	175.25	-	-
Long-Term Debt Repaid	-	-	-325	-	-	-
Net Long-Term Debt Issued (Repaid)	-	-	-325	175.25	-	-
Issuance of Common Stock	-5.54	264.58	360.4	248.59	589.62	881.01
Net Common Stock Issued (Repurchased)	-5.54	264.58	360.4	248.59	589.62	881.01
Issuance of Preferred Stock	-	-	-	-	-	199.82
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	199.82
Other Financing Activities	-6.08	-3.99	-30.94	-98.85	-127.91	-96.07
Financing Cash Flow	-11.62	260.58	4.47	324.99	461.71	984.76
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.29	-7.8	3.27	4.52	-5.29	2.12
Net Cash Flow	-426.58	-38.52	-765.04	-179.41	879.52	566.56
Beginning Cash & Cash Equivalents	695.56	583.81	1,349	1,528	648.74	82.18
Ending Cash & Cash Equivalents	268.98	545.29	583.81	1,349	1,528	648.74
Free Cash Flow	-635.71	-100.32	-767.74	-504.99	268.45	-97.01
FCF Margin	-58.93%	-14.71%	-78.05%	-25.48%	23.42%	-20.40%
Free Cash Flow Per Share	-3.87	-0.66	-7.62	-6.46	3.61	-1.69
Levered Free Cash Flow	-490.15	-457.67	-985	-1,153	131.42	-33.14
Unlevered Free Cash Flow	-549.25	-503.76	-679.33	-1,311	217.33	-31.6

Updated Aug 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q