Moderna, Inc.

MRNA Healthcare Biotechnology

Moderna, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, down 39.9% from fiscal 2024.

Revenue
+2.11%
EPS
+7.51%
Free cash flow
+38.9%
Total debt
+1,765.6%

Quarter to June 2026, against a year earlier

221.72 1.04 −0.47%
Market cap
$88.9B
P/E
0.0×
Fwd P/E
−26.1×
Dividend yield
—
F-score
3/9
Altman Z
2.46
Beneish M
−3.52
Dividend safety
n/a

Moderna, Inc. (MRNA) Revenue growth

Alert me on Revenue growth

Moderna, Inc.'s revenue growth over the twelve months to 30 June 2026 was −27.6%, up 12.3 percentage points from fiscal 2025 (−39.9%). Over the past ten years it has ranged from −64.5% (fiscal 2023) to 2,200.3% (fiscal 2021); the current reading is higher than 50% of that period. That is below the Biotechnology industry median of 6.72% and below the Healthcare sector median of 8.04%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −39.9% 12.82
FY2024 −52.8% 11.70
FY2023 −64.5% (68.74)
FY2022 4.29% (2,195.96)
FY2021 2,200.3% 961.92
FY2020 1,238.3% 1,293.91
FY2019 −55.6% (21.20)
FY2018 −34.4% (124.26)
FY2017 89.9% 137.26
FY2016 −47.4% —

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 2.11% (258.08)
Mar 2026 260.2% 290.00
Dec 2025 −29.8% 15.63
Sep 2025 −45.4% (4.36)
30 more quarters

Against its own ten years

Low −64.5% High 2,200.3%
Ten-year median −37.2%
Current reading's percentile 50

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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