NASDAQ$NVAX

Novavax Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2020 financial results and operational highlights.

Novavax reported a net loss of $177.6 million, or $2.70 per share, for the fourth quarter of 2020. Novavax revenue in the fourth quarter of 2020 was $279.7 million.

  • Novavax continues to make significant strides towards bringing NVX-CoV2373, their COVID-19 vaccine candidate, to market.
  • NVX-CoV2373 offers a highly unique profile, including the ability to ship and store the vaccine at traditional refrigerated temperatures.
  • Novavax has secured agreements for the delivery of approximately 300 million doses of NVX-CoV2373.
  • Novavax is partnering with the Serum Institute of India to jointly supply 1.1 billion doses of NVX-CoV2373 to Gavi through the COVAX Facility.

Headline financials

Total Revenue

$277M

Previous: $8.82M+3038.1%
EPS (adj)

-$2.70

Previous: -$1.13-138.9%
Net Income

-$178M

Previous: -$31.8M-458.5%
Operating Income

-$178M

Previous: -$31.8M-458.5%
Gross Profit

$280M

Previous: $8.82M+3072.2%
Cash & Equivalents

$806M

Previous: $82.2M+881.0%
Total Assets

$1.58B

Previous: $173M+815.0%
Stock-Based Comp

$50.4M

Previous: $4.25M+1088.1%

Revenue & EPS history

Novavax · Revenue · Quarterly

$277M

Q4 2020+3,038.1%vs Q4 2019
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Novavax · $2.23M total across 1 segment · Q3 2023

  • Product sales
    $2.23M

Forward guidance

Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such statements.

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 Q4 2020

Historical avgQ4 2020

+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

Earnings price reactions
QuarterReport dateReaction (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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