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 | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 31.89 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 171.67 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | -17.33 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 63.27 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 12.59 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | -22.28 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 2.20 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 112.09 Bn |
| 10 | Moderna | 85.93 Bn | 65.29 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();