Moderna (MRNA) Tax Rate (2018 - 2026)

Moderna (MRNA) reported Tax Rate of 0.67% for Q1 2026, up 5.0% year-over-year from 0.64% in Q1 2025, and up 80.03% quarter-over-quarter from 3.38% in Q4 2025.

Moderna (MRNA) Tax Rate (2018 - 2026) Analysis & Trends

Moderna (MRNA) has 9 years of Tax Rate data on file, last reported at 0.67% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 0.67%, up 5.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.78% (down 322.0% YoY), and the FY2025 annual result was 1.95%, down 323.0% from the prior year.
  • Tax Rate improved to 0.67% in Q1 2026 per MRNA's latest filing, from 3.38% in the prior quarter.
  • Over five years, Tax Rate peaked at 125.9% in Q1 2023 and troughed at 210.0% in Q4 2023.
  • A 5-year average of 4.24% and a median of 2.37% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 22148 bps in 2023, then soared 21541 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 11.48% in 2022, then sank by 1929 bps to 210.0% in 2023, then surged by 103 bps to 5.41% in 2024, then tumbled by 163 bps to 3.38% in 2025, then soared by 80 bps to 0.67% in 2026.
  • Business Quant data shows MRNA's Tax Rate at 0.67% in Q1 2026, 3.38% in Q4 2025, and 6.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Moderna 25.27 Bn 20.06 Bn -566.00 Mn -0.67

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.67%
Mar 31, 2026 -0.67%
Dec 31, 2025 -3.38%
Dec 31, 2025 -3.38%
Sep 30, 2025 -6.95%
Sep 30, 2025 -6.95%
Jun 30, 2025 -0.86%
Jun 30, 2025 -0.86%
Mar 31, 2025 -0.73%
Mar 31, 2025 -0.73%
Dec 31, 2024 5.41%
Dec 31, 2024 5.41%
Sep 30, 2024 38.10%
Sep 30, 2024 38.10%
Mar 31, 2024 -0.86%
Mar 31, 2024 -0.86%
Dec 31, 2023 -210.00%
Dec 31, 2023 -210.00%
Sep 30, 2023 -85.39%
Sep 30, 2023 -85.39%