Moderna (MRNA) EBT (2017 - 2026)
Moderna's (MRNA) quarterly EBT came in at -$767.0 million in Q2 2026, up 6.23% year-over-year from -$722.0 million in Q2 2025, and up 42.5% quarter-over-quarter from -$1.3 billion in Q1 2026.
Analysis
Moderna (MRNA) EBT (2017 - 2026) Analysis & Trends
Moderna (MRNA) has reported EBT for 10 consecutive years, with -$767.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT rose 6.23% year-over-year to -$767.0 million in Q2 2026; TTM through Jun 2026 was -$3.1 billion, a 4.82% decrease from a year earlier, with the FY2025 full-year figure at -$2.8 billion, up 23.26% from the prior year.
- EBT was -$767.0 million for Q2 2026 at Moderna, up from -$1.3 billion in the prior quarter.
- Over five years, EBT peaked at $4.2 billion in Q1 2022 and troughed at -$2.0 billion in Q3 2023.
- A 5-year average of -$157.9 million and a median of -$783.0 million in 2025 frame the typical range for EBT.
- Across the five-year window, EBT surged 235.63% in 2022 and plunged 1791.43% in 2024, its largest moves.
- Over 5 years, EBT stood at $1.7 billion in 2022, then sank by 95.77% to $70.0 million in 2023, then sank by 1791.43% to -$1.2 billion in 2024, then surged by 32.52% to -$799.0 million in 2025, then gained by 4.01% to -$767.0 million in 2026.
- The last three EBT figures came in at -$767.0 million (Q2 2026), -$1.3 billion (Q1 2026), and -$799.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 2.77 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | -10.25 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | 1.39 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 1.53 Bn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | 542.00 Mn |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | -767.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | 177.81 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | 132.40 Mn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | -11.37 Mn |
| 10 | BioNTech SE | 26.24 Bn | 12.58 Bn | 10.00 Mn | -998.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -767.00 Mn |
| Mar 31, 2026 | -1.33 Bn |
| Dec 31, 2025 | -799.00 Mn |
| Sep 30, 2025 | -187.00 Mn |
| Jun 30, 2025 | -818.00 Mn |
| Mar 31, 2025 | -964.00 Mn |
| Dec 31, 2024 | -1.18 Bn |
| Sep 30, 2024 | 21.00 Mn |
| Jun 30, 2024 | -1.28 Bn |
| Mar 31, 2024 | -1.17 Bn |
| Dec 31, 2023 | 70.00 Mn |
| Sep 30, 2023 | -1.96 Bn |
| Jun 30, 2023 | -1.75 Bn |
| Mar 31, 2023 | -305.00 Mn |
| Dec 31, 2022 | 1.66 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 2.47 Bn |
| Mar 31, 2022 | 4.23 Bn |
| Dec 31, 2021 | 5.41 Bn |
| Sep 30, 2021 | 3.55 Bn |