Novavax Inc
NASDAQ:NVAX
Income Statement
Earnings Waterfall
Novavax Inc
Revenue
|
983.7m
USD
|
Cost of Revenue
|
-343.3m
USD
|
Gross Profit
|
640.4m
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
-552.2m
USD
|
Other Expenses
|
7.1m
USD
|
Net Income
|
-545.1m
USD
|
Income Statement
Novavax Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
21
N/A
|
25
+18%
|
29
+20%
|
33
+12%
|
31
-6%
|
33
+8%
|
39
+17%
|
37
-4%
|
36
-2%
|
31
-16%
|
19
-38%
|
16
-17%
|
15
-3%
|
17
+9%
|
21
+25%
|
26
+25%
|
31
+19%
|
35
+13%
|
39
+12%
|
39
-2%
|
34
-11%
|
29
-17%
|
21
-26%
|
16
-25%
|
19
+17%
|
18
-3%
|
50
+177%
|
205
+308%
|
476
+132%
|
919
+93%
|
1 182
+29%
|
1 204
+2%
|
1 146
-5%
|
1 403
+22%
|
1 291
-8%
|
1 847
+43%
|
1 982
+7%
|
1 359
-31%
|
1 597
+18%
|
1 050
-34%
|
984
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8)
|
(10)
|
(13)
|
(15)
|
(15)
|
(14)
|
(12)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(286)
|
(721)
|
(903)
|
(922)
|
(706)
|
(370)
|
(343)
|
|
Gross Profit |
13
N/A
|
15
+18%
|
16
+9%
|
18
+10%
|
16
-12%
|
19
+19%
|
27
+43%
|
26
-1%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
689
N/A
|
604
-12%
|
904
+50%
|
1 079
+19%
|
437
-59%
|
892
+104%
|
680
-24%
|
640
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(65)
|
(72)
|
(78)
|
(84)
|
(99)
|
(112)
|
(123)
|
(136)
|
(194)
|
(239)
|
(283)
|
(310)
|
(285)
|
(251)
|
(221)
|
(204)
|
(203)
|
(210)
|
(214)
|
(214)
|
(208)
|
(199)
|
(186)
|
(163)
|
(148)
|
(134)
|
(134)
|
(471)
|
(892)
|
(1 522)
|
(2 113)
|
(2 248)
|
(2 833)
|
(2 657)
|
(2 411)
|
(2 352)
|
(1 724)
|
(1 604)
|
(1 505)
|
(1 292)
|
(1 193)
|
|
Selling, General & Administrative |
(15)
|
(16)
|
(18)
|
(19)
|
(20)
|
(22)
|
(23)
|
(27)
|
(31)
|
(36)
|
(43)
|
(47)
|
(47)
|
(45)
|
(40)
|
(34)
|
(35)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(36)
|
(35)
|
(34)
|
(35)
|
(43)
|
(92)
|
(145)
|
(199)
|
(255)
|
(276)
|
(298)
|
(331)
|
(366)
|
(411)
|
(489)
|
(505)
|
(479)
|
(464)
|
(457)
|
|
Research & Development |
(50)
|
(56)
|
(60)
|
(65)
|
(79)
|
(91)
|
(101)
|
(109)
|
(163)
|
(206)
|
(246)
|
(271)
|
(238)
|
(207)
|
(181)
|
(170)
|
(168)
|
(175)
|
(181)
|
(180)
|
(174)
|
(165)
|
(151)
|
(128)
|
(114)
|
(99)
|
(104)
|
(379)
|
(747)
|
(1 323)
|
(1 859)
|
(1 973)
|
(2 535)
|
(2 325)
|
(2 044)
|
(1 940)
|
(1 235)
|
(1 099)
|
(1 026)
|
(828)
|
(735)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
5
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(53)
N/A
|
(57)
-8%
|
(62)
-9%
|
(66)
-7%
|
(84)
-26%
|
(94)
-12%
|
(97)
-3%
|
(110)
-14%
|
(157)
-43%
|
(208)
-32%
|
(264)
-27%
|
(294)
-11%
|
(269)
+8%
|
(235)
+13%
|
(200)
+15%
|
(178)
+11%
|
(172)
+3%
|
(174)
-2%
|
(175)
0%
|
(175)
0%
|
(174)
+1%
|
(171)
+2%
|
(165)
+3%
|
(147)
+11%
|
(130)
+12%
|
(116)
+10%
|
(84)
+28%
|
(266)
-219%
|
(417)
-56%
|
(602)
-45%
|
(931)
-55%
|
(1 044)
-12%
|
(1 687)
-61%
|
(1 269)
+25%
|
(1 406)
-11%
|
(1 226)
+13%
|
(645)
+47%
|
(1 167)
-81%
|
(614)
+47%
|
(613)
+0%
|
(552)
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(8)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(22)
|
(21)
|
(26)
|
(27)
|
(22)
|
(25)
|
(20)
|
(20)
|
(19)
|
(16)
|
(15)
|
(14)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
9
|
13
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(14)
|
(14)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
13
|
12
|
9
|
8
|
(1)
|
1
|
(18)
|
(53)
|
11
|
34
|
59
|
91
|
38
|
|
Pre-Tax Income |
(52)
N/A
|
(56)
-7%
|
(61)
-9%
|
(66)
-7%
|
(83)
-27%
|
(94)
-13%
|
(96)
-3%
|
(110)
-14%
|
(157)
-43%
|
(210)
-34%
|
(269)
-28%
|
(302)
-12%
|
(280)
+7%
|
(247)
+12%
|
(212)
+14%
|
(190)
+10%
|
(184)
+3%
|
(186)
-1%
|
(186)
N/A
|
(186)
N/A
|
(185)
+1%
|
(182)
+2%
|
(177)
+3%
|
(150)
+15%
|
(133)
+12%
|
(115)
+13%
|
(93)
+19%
|
(273)
-192%
|
(418)
-54%
|
(612)
-46%
|
(943)
-54%
|
(1 063)
-13%
|
(1 715)
-61%
|
(1 289)
+25%
|
(1 449)
-12%
|
(1 299)
+10%
|
(654)
+50%
|
(1 152)
-76%
|
(585)
+49%
|
(551)
+6%
|
(543)
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(13)
|
(29)
|
(29)
|
(27)
|
(23)
|
(4)
|
(3)
|
(1)
|
2
|
(2)
|
|
Income from Continuing Operations |
(52)
|
(56)
|
(61)
|
(66)
|
(83)
|
(94)
|
(96)
|
(110)
|
(157)
|
(210)
|
(269)
|
(302)
|
(280)
|
(247)
|
(212)
|
(190)
|
(184)
|
(186)
|
(186)
|
(186)
|
(185)
|
(182)
|
(177)
|
(150)
|
(133)
|
(115)
|
(93)
|
(273)
|
(418)
|
(615)
|
(950)
|
(1 075)
|
(1 744)
|
(1 318)
|
(1 476)
|
(1 322)
|
(658)
|
(1 155)
|
(587)
|
(549)
|
(545)
|
|
Net Income (Common) |
(52)
N/A
|
(56)
-7%
|
(61)
-9%
|
(66)
-7%
|
(83)
-27%
|
(94)
-13%
|
(96)
-3%
|
(110)
-14%
|
(157)
-43%
|
(210)
-34%
|
(269)
-28%
|
(302)
-12%
|
(280)
+7%
|
(247)
+12%
|
(212)
+14%
|
(190)
+10%
|
(184)
+3%
|
(186)
-1%
|
(186)
N/A
|
(186)
N/A
|
(185)
+1%
|
(182)
+2%
|
(177)
+3%
|
(150)
+15%
|
(133)
+12%
|
(115)
+13%
|
(93)
+19%
|
(273)
-192%
|
(418)
-54%
|
(615)
-47%
|
(950)
-54%
|
(1 075)
-13%
|
(1 744)
-62%
|
(1 318)
+24%
|
(1 476)
-12%
|
(1 322)
+10%
|
(658)
+50%
|
(1 155)
-76%
|
(587)
+49%
|
(549)
+6%
|
(545)
+1%
|
|
EPS (Diluted) |
-5.2
N/A
|
-5.36
-3%
|
-5.6
-4%
|
-5.5
+2%
|
-7.35
-34%
|
-7.72
-5%
|
-7.17
+7%
|
-8.11
-13%
|
-11.97
-48%
|
-15.56
-30%
|
-19.88
-28%
|
-22.19
-12%
|
-20.74
+7%
|
-18
+13%
|
-14.91
+17%
|
-12.84
+14%
|
-12.58
+2%
|
-11.08
+12%
|
-9.9
+11%
|
-9.75
+2%
|
-9.99
-2%
|
-8.9
+11%
|
-7.51
+16%
|
-6.17
+18%
|
-5.51
+11%
|
-2.59
+53%
|
-1.59
+39%
|
-4.42
-178%
|
-7.27
-64%
|
-8.42
-16%
|
-12.81
-52%
|
-14.39
-12%
|
-23.44
-63%
|
-16.95
+28%
|
-18.89
-11%
|
-16.88
+11%
|
-8.42
+50%
|
-13.4
-59%
|
-5.63
+58%
|
-5.3
+6%
|
-5.41
-2%
|