Moderna MRNA
NASDAQ MRNA
$254.19 +12.73 (+5.27%)
At close: Nov 6, 2026 · 4:00 PM EST

Moderna (MRNA) EBIT Margin (2017 - 2026)

Updated

Moderna (MRNA) reported EBIT Margin of -562.07% for Q2 2026, up 76.66 percentage points from -638.73% a year earlier but down 205.26 percentage points from the prior quarter.

Analysis

Moderna (MRNA) EBIT Margin (2017 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Moderna's EBIT Margin came in at -149.01%, down 42.68 percentage points year-over-year; for FY2025, it was -158.13%, down 36.22 percentage points from FY2024.

  • EBIT Margin has declined for four consecutive years, with a five-year change of -63.11 percentage points (FY2020 to FY2025).
  • By year, EBIT Margin came in at -121.91% in FY2024 (-60.01 pp), -61.90% in FY2023 (-110.80 pp), 48.90% in FY2022 (-23.08 pp) and 71.98% in FY2021 (+167.00 pp).
  • Five-year quarterly EBIT Margin spans a low of -972.22% in Q1 2025 and a high of 75.02% in Q4 2021.
  • Year over year, EBIT Margin has now increased in each of the last three quarters, with an average year-over-year change of +45.31 percentage points over the last eight quarters.
  • The high point for year-over-year EBIT Margin in five years was Q1 2026 (a gain of 615.41 percentage points); the low point was Q1 2024 (a drop of 738.43 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at -356.81% (Q1 2026), -126.40% (Q4 2025) and -25.59% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Eli Lilly 1,224.11 Bn 1,197.72 Bn 20.46 Bn 52.42%
2 Johnson & Johnson 665.34 Bn 585.20 Bn 17.30 Bn 24.35%
3 AbbVie 515.72 Bn 483.73 Bn 13.12 Bn 36.01%
4 Merck 362.64 Bn 325.58 Bn 13.19 Bn 30.89%
5 Novartis Ag 315.51 Bn 288.75 Bn - -
6 Astrazeneca 289.26 Bn 263.15 Bn 13.26 Bn 29.12%
7 Amgen 249.20 Bn 200.85 Bn 7.58 Bn 35.79%
8 Gilead Sciences 207.48 Bn 182.59 Bn 6.73 Bn 41.71%
9 Pfizer 167.49 Bn 114.85 Bn 12.56 Bn 32.98%
10 Moderna 100.92 Bn 80.27 Bn 52.00 Mn -562.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -562.07%
Mar 31, 2026 -356.81%
Dec 31, 2025 -126.40%
Sep 30, 2025 -25.59%
Jun 30, 2025 -638.73%
Mar 31, 2025 -972.22%
Dec 31, 2024 -128.99%
Sep 30, 2024 -3.76%
Jun 30, 2024 -565.56%
Mar 31, 2024 -758.08%
Dec 31, 2023 0.21%
Sep 30, 2023 -109.89%
Jun 30, 2023 -542.73%
Mar 31, 2023 -19.66%
Dec 31, 2022 31.08%
Sep 30, 2022 34.66%
Jun 30, 2022 51.53%
Mar 31, 2022 69.68%
Dec 31, 2021 75.02%
Sep 30, 2021 71.60%
API Access

Moderna EBIT Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebit-margin&ticker=MRNA&period=max&api_key=YOUR_API_KEY