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 | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 12.29 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 9.10 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 8.33 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 999.00 Mn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 5.09 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 4.63 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | -9.70 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 5.89 Bn |
| 10 | Moderna | 85.93 Bn | 65.29 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();