Novavax, Inc.

NVAX Healthcare Biotechnology

Novavax, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 64.7% from fiscal 2024.

Revenue
−3.05%
EPS
+84.8%
Free cash flow
−189.1%
Total debt
+31.5%

Quarter to September 2026, against a year earlier

10.78 1.00 +10.22%
Market cap
$1.6B
P/E
0.0×
Fwd P/E
110×
Dividend yield
—
F-score
5/9
Altman Z
−2.18
Beneish M
0.39
Dividend safety
n/a

Novavax, Inc. (NVAX) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, Novavax, Inc. (NVAX) trades at a EV/Sales of 3.3×. Over the past ten years it has ranged from −0.4× (March 2023) to 210× (June 2020); the current reading is higher than 38% of that period. That is below the Biotechnology industry median of 9.0× and below the Healthcare sector median of 3.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 0.5× (30.33%)
FY2024 0.8× 174.80%
FY2023 0.3× —
FY2022 −0.2× —
FY2021 8.2× (34.44%)
FY2020 12.6× (29.96%)
FY2019 17.9× (31.40%)
FY2018 26.1× 59.01%
FY2017 16.4× (36.00%)
FY2016 25.7× (51.86%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 3.3× 21.32%
Jun 2026 2.7× 94.80%
Mar 2026 1.4× 166.04%
Dec 2025 0.5× (36.58%)
43 more quarters

Against its own ten years

Low −0.4× High 210×
Ten-year median 15.0×
Current reading's percentile 40

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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