Moderna
$185.98Change from previous close: −1.57%Absolute change: −$2.96
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 145 | 389 | 678 | 1,016 | 142 | 108 | 966 | 1,862 | 241 | 167 | 2,811 | 1,831 |
| Cost of revenue | 738 | 726 | 1,227 | 1,008 | 819 | 946 | 1,861 | 1,651 | 1,336 | 1,159 | 2,335 | 3,401 |
| Gross profit | -593 | -337 | -549 | 8.0 | -677 | -838 | -895 | 211 | -1,095 | -992 | 476 | -1,570 |
| Selling, general and administrative | 216 | 173 | 308 | 268 | 230 | 212 | 351 | 281 | 268 | 274 | 470 | 442 |
| Research and development | 651 | 649 | 775 | 801 | 700 | — | — | — | — | — | — | — |
| Operating income | -809 | -510 | -857 | -260 | -907 | -1,050 | -1,246 | -70.0 | -1,363 | -1,266 | 6.0 | -2,012 |
| EBIT | -809 | -510 | -857 | -260 | -907 | -1,050 | -1,246 | -70.0 | -1,363 | -1,266 | 6.0 | -2,012 |
| EBITDA | -746 | -451 | -790 | -208 | -850 | -1,011 | -1,186 | -18.0 | -1,322 | -1,230 | 208 | -1,763 |
| Interest expense | 17.0 | 17.0 | 8.0 | 0.0 | 1.0 | 1.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 10.0 |
| Pre-tax income | -767 | -1,334 | -799 | -187 | -818 | -964 | -1,184 | 21.0 | -1,279 | -1,165 | 70.0 | -1,958 |
| Income tax | 15.0 | 9.0 | 27.0 | 13.0 | 7.0 | 7.0 | -64.0 | 8.0 | — | 10.0 | -147 | 1,672 |
| Net income | -782 | -1,343 | -826 | -200 | -825 | -971 | -1,120 | 13.0 | -1,279 | -1,175 | 217 | -3,630 |
| Net income to common shareholders | -782 | -1,343 | -826 | -200 | -825 | -971 | -1,120 | 13.0 | -1,279 | -1,175 | 217 | -3,630 |
| Basic EPS | -1.96 | -3.40 | -2.11 | -0.51 | -2.13 | -2.52 | -2.91 | 0.03 | -3.33 | -3.08 | 0.57 | -9.53 |
| Diluted EPS | -1.96 | -3.40 | -2.11 | -0.51 | -2.13 | -2.52 | -2.91 | 0.03 | -3.33 | -3.08 | 0.54 | -9.53 |
| Average shares (basic) | 398 | 395 | 392 | 390 | 388 | 386 | 385 | 385 | 384 | 382 | 381 | 381 |
| Average shares (diluted) | 398 | 395 | 392 | 390 | 388 | 386 | 385 | 399 | 384 | 382 | 395 | 381 |