Moderna (MRNA) Net Income (2017 - 2026)
Moderna's (MRNA) quarterly Net Income came in at -$1.3 billion in Q1 2026, down 38.31% year-on-year from -$2.2 billion in Q1 2025, and down 62.59% on a QoQ basis from -$826.0 million in Q4 2025.
Moderna (MRNA) Net Income (2017 - 2026) Analysis & Trends
Moderna (MRNA) has 10 years of Net Income data on file, last reported at -$1.3 billion in Q1 2026.
- On a quarterly basis, Net Income fell 38.31% year-over-year to -$1.3 billion in Q1 2026; TTM through Mar 2026 was -$3.2 billion, a 4.86% increase from a year earlier, with the FY2025 full-year figure at -$2.8 billion, up 20.75% from the prior year.
- Net Income for Q1 2026 stood at -$1.3 billion, down from -$826.0 million in the prior quarter.
- Over the last five years, Net Income for MRNA reached as high as $3.7 billion in Q1 2022 and fell as low as -$3.6 billion in Q3 2023.
- Historically, Net Income has averaged -$239.9 million across 5 years, with a median of -$825.0 million in 2025.
- Across the five-year window, Net Income jumped 199.51% in 2022 and slumped 1638.46% in 2025, its largest moves.
- Year by year, Net Income stood at $1.5 billion in 2022, then sank by 85.19% to $217.0 million in 2023, then tumbled by 616.13% to -$1.1 billion in 2024, then grew by 26.25% to -$826.0 million in 2025, then sank by 62.59% to -$1.3 billion in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$1.3 billion in Q1 2026, -$826.0 million in Q4 2025, and -$200.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -37.09 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 227.36 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.03 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 727.20 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 | 362.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -453.82 Mn |
| 10 | Moderna | 22.52 Bn | 17.32 Bn | -566.00 Mn | -1.34 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.34 Bn |
| Dec 31, 2025 | -826.00 Mn |
| Sep 30, 2025 | -200.00 Mn |
| Jun 30, 2025 | -825.00 Mn |
| Mar 31, 2025 | -971.00 Mn |
| Dec 31, 2024 | -1.12 Bn |
| Sep 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | -1.28 Bn |
| Mar 31, 2024 | -1.18 Bn |
| Dec 31, 2023 | 217.00 Mn |
| Sep 30, 2023 | -3.63 Bn |
| Jun 30, 2023 | -1.38 Bn |
| Mar 31, 2023 | 79.00 Mn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 1.04 Bn |
| Jun 30, 2022 | 2.20 Bn |
| Mar 31, 2022 | 3.66 Bn |
| Dec 31, 2021 | 4.87 Bn |
| Sep 30, 2021 | 3.33 Bn |
| Jun 30, 2021 | 2.78 Bn |