Moderna (MRNA) EBT Margin (2017 - 2026)
Moderna's EBT Margin came in at -528.97% for Q2 2026, up 47.09 percentage points from -576.06% a year earlier but down 186.03 percentage points from the prior quarter.
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Analysis
Moderna (MRNA) EBT Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Moderna reported EBT Margin of -138.55%, down 42.88 percentage points year-over-year; for FY2025, it came in at -142.39%, down 30.92 percentage points from FY2024.
- EBT Margin has declined in each of the last four years, with a five-year change of -49.73 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was -111.46% in FY2024 (-53.90 pp), -57.56% in FY2023 (-107.27 pp), 49.71% in FY2022 (-22.22 pp) and 71.92% in FY2021 (+164.58 pp).
- The five-year range for quarterly EBT Margin is -892.59% (Q1 2025) to 75.02% (Q4 2021).
- Year-over-year, EBT Margin has increased for three consecutive quarters, with an average year-over-year change of +40.58 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q1 2026 (a gain of 549.66 percentage points), and the weakest in Q1 2024 (a drop of 681.22 percentage points).
- Business Quant data shows MRNA's EBT Margin at -342.93% (Q1 2026), -117.85% (Q4 2025) and -18.41% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 34.46% |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 0.13% |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 27.75% |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 30.74% |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 26.27% |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 45.21% |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 36.90% |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 20.41% |
| 10 | Moderna | 100.92 Bn | 80.27 Bn | 52.00 Mn | -528.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -528.97% |
| Mar 31, 2026 | -342.93% |
| Dec 31, 2025 | -117.85% |
| Sep 30, 2025 | -18.41% |
| Jun 30, 2025 | -576.06% |
| Mar 31, 2025 | -892.59% |
| Dec 31, 2024 | -122.57% |
| Sep 30, 2024 | 1.13% |
| Jun 30, 2024 | -530.71% |
| Mar 31, 2024 | -697.60% |
| Dec 31, 2023 | 2.49% |
| Sep 30, 2023 | -106.94% |
| Jun 30, 2023 | -508.43% |
| Mar 31, 2023 | -16.38% |
| Dec 31, 2022 | 32.55% |
| Sep 30, 2022 | 36.18% |
| Jun 30, 2022 | 52.10% |
| Mar 31, 2022 | 69.72% |
| Dec 31, 2021 | 75.02% |
| Sep 30, 2021 | 71.48% |
API Access
Moderna EBT 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=ebt-margin&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();