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| Date | Value |
|---|---|
| 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% |