NASDAQ$NVAX
Novavax Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a net loss due to increased research and development expenses, but revenue increased due to NVX-CoV2373 development activities.
Novavax reported a net loss of $352 million for the second quarter of 2021, compared to a net loss of $18 million for the same period in 2020. Revenue increased to $298 million, driven by increased development activities related to NVX-CoV2373. The company had $2.1 billion in cash, cash equivalents and restricted cash as of June 30, 2021.
- Net loss was $352 million, or $4.75 per share.
- Revenue increased to $298 million due to NVX-CoV2373 development.
- Research and development expenses increased to $571 million.
- Cash, cash equivalents and restricted cash totaled $2.1 billion as of June 30, 2021.
Headline financials
Revenue & EPS history
Novavax · Revenue · Quarterly
$298M
Revenue by segment
Novavax · $2.23M total across 1 segment · Q3 2023
- Product sales$2.23M—100.0%
Forward guidance
Forward-looking statements include risks related to satisfying regulatory requirements, obtaining scarce raw materials, resource constraints, and meeting contractual requirements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+2.5%
Avg return
Earnings day
+5.0%
Avg return
5 days after
+11.8%
Avg return
30 days after
36%
23 / 64 earnings
Positive
+193.3%
Q1 2024
Best reaction
-33.2%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +15.6% | +17.3% | +17.0% | |
| Q4 2025 | +0.5% | -0.4% | -11.3% | |
| Q3 2025 | -3.0% | -3.3% | -10.1% | |
| Q1 2025 | +11.6% | +4.0% | +25.2% | |
| Q4 2024 | -3.6% | +4.9% | -4.4% | |
| Q3 2024 | -13.8% | -18.8% | +0.1% | |
| Q2 2024 | +8.3% | +13.5% | +8.6% | |
| Q1 2024 | +193.3% | +188.6% | +306.5% | |
| Q4 2023 | -17.9% | -8.8% | -20.6% | |
| Q3 2023 | -8.2% | -8.2% | -18.1% | |
| Q2 2023 | -5.3% | -2.1% | +21.7% | |
| Q1 2023 | +20.7% | +13.4% | +3.2% | |
| Q4 2022 | -20.9% | -11.3% | -24.0% | |
| Q3 2022 | -4.1% | +28.9% | -10.9% | |
| Q2 2022 | -33.2% | -31.2% | -49.2% | |
| Q1 2022 | -6.0% | -9.4% | -12.5% | |
| Q4 2021 | +2.6% | -12.1% | -8.4% | |
| Q3 2021 | -18.4% | -13.3% | -17.8% | |
| Q2 2021 | -15.2% | +2.9% | +12.4% | |
| Q1 2021 | -21.5% | -25.2% | +19.1% | |
| Q4 2020 | -10.9% | -24.4% | -21.6% | |
| Q3 2020 | -12.4% | +7.5% | +28.2% | |
| Q2 2020 | -12.2% | -14.0% | -46.7% | |
| Q1 2020 | +112.6% | +132.9% | +140.0% | |
| Q4 2019 | -12.8% | -35.1% | +60.1% | |
| Q3 2019 | +3.8% | -6.3% | -1.6% | |
| Q2 2019 | -8.2% | -15.5% | +15.5% | |
| Q1 2019 | -7.8% | -21.6% | -44.3% | |
| Q4 2018 | +7.8% | +5.9% | +3.9% | |
| Q3 2018 | -3.7% | -10.5% | +7.3% | |
| Q2 2018 | +22.5% | +13.3% | +24.2% | |
| Q1 2018 | -1.2% | +4.3% | -1.2% | |
| Q4 2017 | -4.2% | -2.8% | -15.3% | |
| Q3 2017 | +0.9% | +0.0% | +24.8% | |
| Q2 2017 | +3.1% | +4.2% | +22.9% | |
| Q1 2017 | +14.9% | +35.1% | +43.2% | |
| Q4 2016 | +9.4% | +6.5% | -7.2% | |
| Q3 2016 | -3.4% | -6.9% | +0.7% | |
| Q2 2016 | -9.2% | -6.4% | -0.3% | |
| Q1 2016 | -8.9% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | -12.2% | — | — | |
| Q2 2015 | +28.3% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | -7.2% | — | — | |
| Q2 2014 | -5.0% | — | — | |
| Q1 2014 | -7.1% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | +3.2% | — | — | |
| Q2 2013 | -10.8% | — | — | |
| Q1 2013 | -8.9% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | -1.8% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | -5.7% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q2 2011 | +5.9% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q3 2010 | +1.3% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +14.9% | — | — |
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