Novavax, Inc. (NVAX)
NASDAQ: NVAX · Real-Time Price · USD
10.95
+0.17 (1.53%)
Nov 9, 2026, 12:25 PM EST - Market open
Novavax Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -76.73 | 440.3 | -187.5 | -545.06 | -657.94 | -1,744 |
Depreciation & Amortization | 14.29 | 27.61 | 48.5 | 41.23 | 29.05 | 12.66 |
Loss (Gain) From Sale of Assets | 0.81 | 97.85 | -51.95 | - | - | - |
Asset Writedown & Restructuring Costs | 1.5 | 4.88 | 4.13 | 10.08 | - | - |
Stock-Based Compensation | 31.74 | 36.02 | 48.15 | 85.36 | 130.3 | 183.63 |
Other Operating Activities | -5.54 | 36.42 | 2.92 | 71.27 | 443.8 | 136.79 |
Change in Accounts Receivable | 17.97 | 61.04 | 354.09 | -274.44 | 249.17 | -183.39 |
Change in Inventory | -8.67 | -3.24 | 12.91 | -74.46 | -477.8 | -8.87 |
Change in Accounts Payable | -145.16 | -322.57 | -385.63 | -378.81 | 913.4 | 600.33 |
Change in Unearned Revenue | -69.15 | -622.94 | 67.11 | 350.87 | -1,046 | 1,326 |
Operating Cash Flow | -238.95 | -244.64 | -87.26 | -713.97 | -415.94 | 322.95 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -4.3 | -5.56 | -13.06 | -53.77 | -89.06 | -54.5 |
Sale of Property, Plant & Equipment | - | - | 192.64 | - | - | - |
Sale (Purchase) of Intangibles | -0.83 | -0.83 | -1.58 | -5.04 | -3.93 | -2.99 |
Investment in Securities | 100.52 | -91.53 | -382.04 | - | - | 157.64 |
Other Investing Activities | 59.4 | 19.65 | - | - | - | - |
Investing Cash Flow | 154.8 | -78.27 | -204.04 | -58.81 | -92.99 | 100.15 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 42.61 | - | - | 175.25 | - |
Long-Term Debt Repaid | - | -10.07 | -3.99 | -352.35 | -93.6 | -127.91 |
Net Debt Issued (Repaid) | 36.38 | 32.54 | -3.99 | -352.35 | 81.66 | -127.91 |
Issuance of Common Stock | - | - | 264.58 | 360.4 | 249.23 | 589.62 |
Other Financing Activities | -4.8 | -4.8 | - | -3.59 | -5.9 | - |
Financing Cash Flow | 30.27 | 27.74 | 260.58 | 4.47 | 324.99 | 461.71 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.43 | 5.93 | -7.8 | 3.27 | 4.52 | -5.29 |
Net Cash Flow | -56.3 | -289.24 | -38.52 | -765.04 | -179.41 | 879.52 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -243.25 | -250.2 | -100.32 | -767.74 | -504.99 | 268.45 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -59.09% | -22.27% | -14.71% | -78.05% | -25.48% | 23.42% |
Free Cash Flow Per Share | -1.49 | -1.45 | -0.66 | -7.62 | -6.46 | 3.61 |
Levered Free Cash Flow | 11.76 | -331.94 | -175.64 | -979.22 | -213.32 | 727.41 |
Unlevered Free Cash Flow | 26.68 | -317.85 | -163.09 | -970.21 | -200.9 | 740.62 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 20.09 | 15.05 | 17.57 | 17.35 | 18.04 | 19.43 |
Cash Income Tax Paid | - | 8.81 | 0.95 | 0.19 | 17.98 | 12.61 |
Change in Working Capital | -205.01 | -887.71 | 48.48 | -376.84 | -361.15 | 1,734 |