Growth Metrics

Moderna (MRNA) Net Margin (2017 - 2025)

Moderna (MRNA) has disclosed Net Margin for 9 consecutive years, with 121.83% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 2594.0% to 121.83% in Q4 2025 year-over-year; TTM through Dec 2025 was 145.16%, a 3959.0% decrease, with the full-year FY2025 number at 145.16%, down 3512.0% from a year prior.
  • Net Margin was 121.83% for Q4 2025 at Moderna, down from 19.69% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 67.51% in Q4 2021 to a low of 899.07% in Q1 2025.
  • A 5-year average of 165.33% and a median of 2.47% in 2024 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: soared 161304bps in 2021, then crashed -70784bps in 2024.
  • Moderna's Net Margin stood at 67.51% in 2021, then plummeted by -57bps to 28.82% in 2022, then tumbled by -73bps to 7.72% in 2023, then plummeted by -1342bps to 95.89% in 2024, then fell by -27bps to 121.83% in 2025.
  • Per Business Quant, the three most recent readings for MRNA's Net Margin are 121.83% (Q4 2025), 19.69% (Q3 2025), and 580.99% (Q2 2025).