Moderna

MRNA · NASDAQ · USD

$192.57Change from previous close: −5.35%Absolute change: −$10.89

Close · September 30, 2026

At a glance

Revenue growth
−39.93%
2025 vs 2024
Net margin
-145.2%
2024: -110.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item20252024202320222021
Total revenue1,9443,2366,84819,26318,471
Cost of revenue4,0006,0079,5388,7114,608
Gross profit-2,056-2,771-2,69010,55213,863
Selling, general and administrative1,0181,1741,5491,132567
Research and development3,1324,5434,8453,295—
Operating income-3,074-3,945-4,2399,42013,296
EBIT-3,074-3,945-4,2399,42013,296
EBITDA-2,859-3,756-3,6189,76813,528
Interest expense10.024.038.029.017.0
Pre-tax income-2,768-3,607-3,9429,57513,285
Income tax54.0-46.07721,2131,083
Net income-2,822-3,561-4,7148,36212,202
Net income to common shareholders-2,822-3,561-4,7148,36212,202
Basic EPS-7.25-9.27-12.3421.2230.28
Diluted EPS-7.25-9.27-12.3420.1228.29
Average shares (basic)389384382394403
Average shares (diluted)389384382416431