NASDAQ$NVAX

Novavax Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Novavax reported financial results for Q4 and full year 2021.

Novavax's Q4 2021 revenue was $222 million, and the net loss was $846 million. The company had $1.5 billion in cash, cash equivalents, marketable securities, and restricted cash as of December 31, 2021. Novavax expects to achieve full year 2022 total revenue of between $4 billion and $5 billion.

  • Achieved Multiple Regulatory Authorizations Globally for COVID-19 Vaccine
  • Completed Multiple Regulatory Submissions Globally for COVID-19 Vaccine
  • Advanced Purchase Agreement
  • Novavax revenue for the fourth quarter and full year ended 2021 were $222 million and $1.1 billion, respectively

Headline financials

Total Revenue

$222M

Previous: $277M-19.7%
EPS (adj)

-$11.18

Previous: -$2.70-314.1%
Net Income

-$846M

Previous: -$178M-376.4%
Operating Income

-$825M

Previous: -$178M-364.5%
Gross Profit

$219M

Previous: $280M-21.9%
Cash & Equivalents

$1.5B

Previous: $806M+86.0%
Total Assets

$2.58B

Previous: $1.58B+62.8%
Stock-Based Comp

$32.2M

Previous: $50.4M-36.2%

Revenue & EPS history

Novavax · Revenue · Quarterly

$222M

Q4 2021-19.7%vs Q4 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

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

  • Product sales
    $2.23M

Forward guidance

Novavax expects to achieve full year 2022 total revenue of between $4 billion and $5 billion.

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 2021

Historical avgQ4 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

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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