Moderna (MRNA) Retained Earnings (2017 - 2026)
Moderna (MRNA) reported Retained Earnings of $5.1 billion for Q2 2026, down 38.2% from $8.25 billion a year earlier and down 13.3% from the prior quarter.
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Analysis
Moderna (MRNA) Retained Earnings (2017 - 2026) Analysis & Trends
At the end of FY2025, Moderna posted Retained Earnings of $7.22 billion, down 28.1% from FY2024.
- Retained Earnings has declined for three consecutive years.
- By year, Retained Earnings came in at $10.05 billion in FY2024 (-26.2%), $13.61 billion in FY2023 (-25.7%), $18.32 billion in FY2022 (+84.0%) and $9.96 billion in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Retained Earnings since Q3 2021.
- Year over year, Retained Earnings has now declined in each of the last 12 quarters, with an average decline of 28.2% over the last eight quarters.
- The high point for year-over-year Retained Earnings in five years was Q2 2022 (growth of 799.9%); the low point was Q2 2026 (a decline of 38.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.88 billion (Q1 2026), $7.22 billion (Q4 2025) and $8.05 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 37.97 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 168.36 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | -16.19 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 66.22 Bn |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 14.07 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | -19.81 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 3.11 Bn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 115.33 Bn |
| 10 | Moderna | 100.92 Bn | 80.27 Bn | 52.00 Mn | 5.10 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 |
API Access
Moderna Retained Earnings 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=retained-earnings&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();