Moderna (MRNA) Tax Rate (2021 - 2024)
Moderna (MRNA) reported Tax Rate of -1.96% for Q2 2026, down 1.10 percentage points from -0.86% a year earlier and down 1.28 percentage points from the prior quarter.
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Analysis
Moderna (MRNA) Tax Rate (2021 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Moderna's Tax Rate came in at -2.07%, down 3.50 percentage points year-over-year; for FY2025, it was -1.95%, down 3.23 percentage points from FY2024.
- Tax Rate has a five-year change of -1.55 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 1.28% in FY2024 (+20.86 pp), -19.58% in FY2023 (-32.25 pp), 12.67% in FY2022 (+4.52 pp) and 8.15% in FY2021 (+8.56 pp).
- Five-year quarterly Tax Rate spans a low of -210.00% in Q4 2023 and a high of 125.90% in Q1 2023.
- Year over year, Tax Rate gained in four of the last seven quarters, with an average year-over-year change of +40.59 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 215.41 percentage points); the low point was Q4 2023 (a drop of 221.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.67% (Q1 2026), -3.38% (Q4 2025) and -6.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | - |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 8.85% |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | - |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 17.54% |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 3.96% |
| 10 | Moderna | 100.92 Bn | 80.27 Bn | 52.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 38.10% |
| Dec 31, 2022 | 11.48% |
| Sep 30, 2022 | 14.30% |
| Jun 30, 2022 | 11.20% |
| Mar 31, 2022 | 13.53% |
| Dec 31, 2021 | 10.02% |
| Sep 30, 2021 | 6.17% |
| Jun 30, 2021 | 9.24% |
| Mar 31, 2021 | 3.10% |
API Access
Moderna Tax Rate 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=tax-rate&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();