Moderna (MRNA) EBITDA (2018 - 2026)
Moderna's EBITDA was -$752 million in Q2 2026, compared with -$850 million a year earlier.
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Analysis
Moderna (MRNA) EBITDA (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Moderna's EBITDA was -$3.08 billion through Jun 30, 2026; for FY2025, it was -$2.86 billion.
- In earlier years, EBITDA was -$3.76 billion in FY2024, -$3.62 billion in FY2023, $9.77 billion in FY2022 (-27.8%) and $13.53 billion in FY2021.
- Quarterly EBITDA has moved between -$1.78 billion (Q2 2023) and $5.49 billion (Q4 2021) over five years.
- Per Business Quant data, MRNA's EBITDA in the three quarters before Q2 2026 was -$1.33 billion (Q1 2026), -$790 million (Q4 2025) and -$208 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 13.33 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 8.30 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 8.16 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 7.37 Bn |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 5.99 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 4.83 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 4.20 Bn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 7.05 Bn |
| 10 | Moderna | 100.92 Bn | 80.27 Bn | 52.00 Mn | -752.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -752.00 Mn |
| Mar 31, 2026 | -1.33 Bn |
| Dec 31, 2025 | -790.00 Mn |
| Sep 30, 2025 | -208.00 Mn |
| Jun 30, 2025 | -850.00 Mn |
| Mar 31, 2025 | -1.01 Bn |
| Dec 31, 2024 | -1.19 Bn |
| Sep 30, 2024 | -18.00 Mn |
| Jun 30, 2024 | -1.32 Bn |
| Mar 31, 2024 | -1.23 Bn |
| Dec 31, 2023 | 208.00 Mn |
| Sep 30, 2023 | -1.76 Bn |
| Jun 30, 2023 | -1.78 Bn |
| Mar 31, 2023 | -288.00 Mn |
| Dec 31, 2022 | 1.66 Bn |
| Sep 30, 2022 | 1.28 Bn |
| Jun 30, 2022 | 2.52 Bn |
| Mar 31, 2022 | 4.31 Bn |
| Dec 31, 2021 | 5.49 Bn |
| Sep 30, 2021 | 3.63 Bn |
API Access
Moderna EBITDA 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=ebitda&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "MRNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();