Regardless of the sequential decrease in Current Liabilities, during the third quarter 2026, Quick Ratio deteriorated to 1.89 below Novavax Inc 's average Quick Ratio.

Within Biotechnology & Pharmaceuticals industry 85 other companies have achieved higher Quick Ratio than Novavax Inc in third quarter 2026. While Quick Ratio total ranking in the third quarter 2026 has deteriorated compared to the prior quarter from 974 to 1206.

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NVAX Quick Ratio	(Sep 30 2026) Q3	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3
Y / Y Current Liabilities Change	-23.27 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	-18.42 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	1.89	Subscribe	Subscribe	Subscribe	Subscribe
NVAX's Total Ranking	# 1206	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	-0.22 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	-13.48 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio third quarter 2026 Company Ranking
Within:	No.
Biotechnology & Pharmaceuticals Industry	# 86
Healthcare Sector	# 483
Overall Market	# 1206

Quick Ratio Statistics
High	Average	Low
12.87	3.55	0.32
(Mar 31 2020)		(Jun 30 2023)

Financial Statements
Novavax Inc 's Current Liabilities	$ 330 Millions	Visit NVAX's Balance sheet
Novavax Inc 's Cash & cash equivalent	$ 622 Millions	Visit NVAX's Balance sheet
Source of NVAX's Sales		Visit NVAX's Sales by Geography

Cumulative Novavax Inc 's Quick Ratio

NVAX's Quick Ratio for the trailling 12 Months

NVAX Quick Ratio	(Sep 30 2026) 12 Months	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	-38.94 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	-5.37 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	1.96	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 3900	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	-6.4 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	-4.67 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to NVAX Financial Strength Comparisons >> Go to Compare NVAX Quick Ratio to its Competitors

On the trailing twelve months basis Current Liabilities decreased faster than Novavax Inc 's average Cash & cash equivalent, this led to increase in in Novavax Inc 's Quick Ratio to 1.96, Quick Ratio remained below NVAX average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Biotechnology & Pharmaceuticals industry 141 other companies have achieved higher Quick Ratio than Novavax Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2026 from 3059 to 3900.

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TTM Quick Ratio Company Ranking
Within:	No.
Within the Biotechnology & Pharmaceuticals Industry	# 142
Healthcare Sector	# 888
Within the Market	# 3900

trailing twelve months Quick Ratio Statistics
High	Average	Low
9.59	3.35	0.36
(Sep 30 2015)		(Dec 31 2023)

Companies with similar Quick Ratio in the quarter ending Sep 30 2026, within Biotechnology & Pharmaceuticals Industry	Quick Ratio	Sep 30 2026 MRQ Cash & cash equivalent	Sep 30 2026 MRQ Current Liabilities
Scholar Rock Holding Corp	5.16	$ 413.599 Millions	$ 80.124 Millions
Revolution Medicines Inc	4.81	$ 3,651.385 Millions	$ 758.773 Millions
Caribou Biosciences Inc	4.71	$ 94.881 Millions	$ 20.144 Millions
Recursion Pharmaceuticals Inc	4.47	$ 549.853 Millions	$ 122.918 Millions
Ginkgo Bioworks Holdings Inc	4.33	$ 285.361 Millions	$ 65.849 Millions
Fate Therapeutics Inc	4.26	$ 139.132 Millions	$ 32.691 Millions
Kymera Therapeutics Inc	4.16	$ 373.374 Millions	$ 89.723 Millions
Monte Rosa Therapeutics Inc	4.16	$ 577.726 Millions	$ 139.022 Millions
Vir Biotechnology Inc	4.08	$ 454.635 Millions	$ 111.332 Millions
Moderna Inc	3.93	$ 7,976.000 Millions	$ 2,028.000 Millions
Immunocore Holdings Plc	3.93	$ 901.298 Millions	$ 229.619 Millions
Alector Inc	3.92	$ 138.697 Millions	$ 35.415 Millions
Dbv Technologies S a	3.89	$ 165.700 Millions	$ 42.600 Millions
Regenxbio Inc	3.71	$ 250.976 Millions	$ 67.684 Millions
Tenaya Therapeutics Inc	3.55	$ 66.797 Millions	$ 18.804 Millions
Intensity Therapeutics Inc	3.29	$ 8.494 Millions	$ 2.582 Millions
Adaptive Biotechnologies Corporation	3.02	$ 298.954 Millions	$ 98.967 Millions
Atyr Pharma Inc	2.96	$ 48.751 Millions	$ 16.463 Millions
Precision Biosciences Inc	2.90	$ 81.846 Millions	$ 28.258 Millions
Immunitybio inc	2.86	$ 334.329 Millions	$ 116.795 Millions
Editas Medicine Inc	2.66	$ 190.198 Millions	$ 71.582 Millions
Humacyte Inc	2.61	$ 64.523 Millions	$ 24.761 Millions
Autolus Therapeutics Plc	2.52	$ 248.377 Millions	$ 98.647 Millions
Vericel Corporation	2.44	$ 133.493 Millions	$ 54.719 Millions
Adma Biologics Inc	2.25	$ 124.555 Millions	$ 55.475 Millions
Cullinan Therapeutics Inc	2.20	$ 88.260 Millions	$ 40.130 Millions
Exelixis Inc	2.17	$ 892.018 Millions	$ 411.877 Millions
Halozyme Therapeutics Inc	2.12	$ 1,074.480 Millions	$ 506.173 Millions
Relay Therapeutics Inc	2.10	$ 124.184 Millions	$ 59.154 Millions
Biocryst Pharmaceuticals Inc	1.92	$ 375.334 Millions	$ 195.830 Millions

Date modified: 2026-11-08T19:36:48+00:00

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