Moderna (MRNA) Retained Earnings (2017 - 2026)
Moderna's (MRNA) quarterly Retained Earnings came in at $5.1 billion in Q2 2026, down 38.2% year-over-year from $8.2 billion in Q2 2025, and down 13.3% quarter-over-quarter from $5.9 billion in Q1 2026.
Analysis
Moderna (MRNA) Retained Earnings (2017 - 2026) Analysis & Trends
Moderna (MRNA) has reported Retained Earnings for 10 consecutive years, with $5.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Retained Earnings fell 38.2% year-over-year to $5.1 billion in Q2 2026; TTM through Jun 2026 was $5.1 billion, a 38.2% decrease from a year earlier, with the FY2025 full-year figure at $7.2 billion, down 28.09% from the prior year.
- Retained Earnings was $5.1 billion for Q2 2026 at Moderna, down from $5.9 billion in the prior quarter.
- Over five years, Retained Earnings peaked at $18.4 billion in Q1 2023 and troughed at $5.1 billion in Q2 2026.
- A 5-year average of $12.0 billion and a median of $11.8 billion in 2024 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings jumped 231.14% in 2022 and slumped 38.2% in 2026, its largest moves.
- Over 5 years, Retained Earnings stood at $18.3 billion in 2022, then declined by 25.73% to $13.6 billion in 2023, then slipped by 26.17% to $10.0 billion in 2024, then dropped by 28.09% to $7.2 billion in 2025, then declined by 29.42% to $5.1 billion in 2026.
- The last three Retained Earnings figures came in at $5.1 billion (Q2 2026), $5.9 billion (Q1 2026), and $7.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | -22.28 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 9.53 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 15.69 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 37.62 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | 558.00 Mn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 5.10 Bn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | -6.33 Bn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 20.97 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 5.13 Bn |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | 6.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10 Bn |
| Mar 31, 2026 | 5.88 Bn |
| Dec 31, 2025 | 7.22 Bn |
| Sep 30, 2025 | 8.05 Bn |
| Jun 30, 2025 | 8.25 Bn |
| Mar 31, 2025 | 9.07 Bn |
| Dec 31, 2024 | 10.05 Bn |
| Sep 30, 2024 | 11.17 Bn |
| Jun 30, 2024 | 11.15 Bn |
| Mar 31, 2024 | 12.43 Bn |
| Dec 31, 2023 | 13.61 Bn |
| Sep 30, 2023 | 13.39 Bn |
| Jun 30, 2023 | 17.02 Bn |
| Mar 31, 2023 | 18.40 Bn |
| Dec 31, 2022 | 18.32 Bn |
| Sep 30, 2022 | 16.86 Bn |
| Jun 30, 2022 | 15.81 Bn |
| Mar 31, 2022 | 13.62 Bn |
| Dec 31, 2021 | 9.96 Bn |
| Sep 30, 2021 | 5.09 Bn |