Moderna (MRNA) EBT (2017 - 2026)
Moderna's (MRNA) quarterly EBT came in at -$1.3 billion in Q1 2026, down 38.38% year-on-year from -$2.2 billion in Q1 2025, and down 66.96% on a QoQ basis from -$799.0 million in Q4 2025.
Moderna (MRNA) EBT (2017 - 2026) Analysis & Trends
Moderna (MRNA) has 10 years of EBT data on file, last reported at -$1.3 billion in Q1 2026.
- On a quarterly basis, EBT fell 38.38% year-over-year to -$1.3 billion in Q1 2026; TTM through Mar 2026 was -$3.1 billion, a 7.87% increase from a year earlier, with the FY2025 full-year figure at -$2.8 billion, up 23.26% from the prior year.
- EBT for Q1 2026 stood at -$1.3 billion, down from -$799.0 million in the prior quarter.
- Over the last five years, EBT for MRNA reached as high as $4.2 billion in Q1 2022 and fell as low as -$2.0 billion in Q3 2023.
- Historically, EBT has averaged -$122.1 million across 5 years, with a median of -$799.0 million in 2025.
- Across the five-year window, EBT jumped 235.63% in 2022 and sank 1791.43% in 2024, its largest moves.
- Year by year, 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 soared by 32.52% to -$799.0 million in 2025, then plunged by 66.96% to -$1.3 billion in 2026.
- Per Business Quant data, the three most recent EBT figures were -$1.3 billion in Q1 2026, -$799.0 million in Q4 2025, and -$187.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -36.97 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 259.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.49 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.25 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 831.20 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -26.94 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 541.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -453.82 Mn |
| 10 | Moderna | 22.52 Bn | 17.32 Bn | -566.00 Mn | -1.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.06 Bn |