10-Q quarterly report · filed May 6, 2026

NOVAVAX INC (NVAX) Q1 2026 10-Q Quarterly Report

Short answer

NOVAVAX INC (NVAX) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $140M (down 79.1% year over year) with net income of −$9M.

Q1 2026 key financials · XBRL

Revenue
$140M
−79.1% YoY
Net income
−$9M
−101.8% YoY
Operating margin
-11.1%
EPS (diluted)
−$0.06
−102.0% YoY

Source: XBRL data from the NOVAVAX INC (NVAX) Q1 2026 10-Q on SEC EDGAR. USD.

NOVAVAX INC Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Best or worst-performing segment/product line not identified with quarterly figures
  • Pfizer partnership generated $30 million upfront payment in Q1 2026
  • Potential Pfizer milestones up to $500 million and high-mid-single-digit royalties, with commercialization headwinds including vaccine demand and regulatory uncertainty

Risk Factors

  • No risk-factors section provided in the filing excerpt
  • New financing agreement dated February 25, 2026 identified in exhibits
  • Pfizer license agreement dated January 14, 2026 identified in exhibits

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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