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NOVAVAX INC

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

NVAX$10.89+1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 16. FORM 10-K SUMMARY

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

NOVAVAX, INC.
By:/s/ John C. Jacobs
John C. Jacobs
President and Chief Executive Officer

Date: February 26, 2026

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

NameTitleDate
/s/ John C. JacobsPresident and Chief Executive Officer and Director (Principal Executive Officer)February 26, 2026
John C. Jacobs
/s/ James P. KellyExecutive Vice President, Chief Financial Officer, and Treasurer (Principal Financial and Accounting Officer)February 26, 2026
James P. Kelly
/s/ Margaret G. McGlynnChairman of the Board of DirectorsFebruary 26, 2026
Margaret G. McGlynn
/s/ Gregg H. AltonDirectorFebruary 26, 2026
Gregg H. Alton
/s/ Richard H. DouglasDirectorFebruary 26, 2026
Richard H. Douglas
/s/ Rachel K. KingDirectorFebruary 26, 2026
Rachel K. King
/s/ Margaret G. McGlynnDirectorFebruary 26, 2026
Margaret G. McGlynn
/s/ David M. MottDirectorFebruary 26, 2026
David M. Mott
/s/ Charles W. NewtonDirectorFebruary 26, 2026
Charles W. Newton
/s/ Richard J. RodgersDirectorFebruary 26, 2026
Richard J. Rodgers
/s/ John W. ShiverDirectorFebruary 26, 2026
John W. Shiver

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Years ended December 31, 2025, 2024, and 2023

Contents

Reports of Independent Registered Public Accounting Firm (PCAOB ID:42)F- 2
Consolidated Statements of Operations and Statements of Comprehensive Income (Loss) for the years ended December 31, 2025, 2024, and 2023F- 5
Consolidated Balance Sheets as of December 31, 2025 and 2024F- 6
Consolidated Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2025, 2024, and 2023F- 7
Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024, and 2023F- 8
Notes to Consolidated Financial StatementsF- 9

F- 1

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.