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. In the quarter to June 2026, revenue grew 2.11%, EPS grew 7.51%, free cash flow grew 38.9% and total debt rose 1,765.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100.

218.01 18.49 −7.82%
Market cap
$94.4B
P/E
0.0×
Fwd P/E
−5.5×
Dividend yield
—
F-score
3/9
Altman Z
2.46
Beneish M
−3.52
Dividend safety
n/a

Moderna, Inc. (MRNA) Shares outstanding

Alert me on Shares outstanding

Moderna, Inc.'s shares outstanding at the end of fiscal 2025 was $389.0M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $398.0M. Over the past ten years it has ranged from $60.7M (fiscal 2016) to $431.0M (fiscal 2021); the current reading is higher than 80% of that period. Moderna, Inc. ranks 13th of 602 Biotechnology companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $389.0M 1.30%
FY2024 $384.0M 0.52%
FY2023 $382.0M (8.17%)
FY2022 $416.0M (3.48%)
FY2021 $431.0M 13.12%
FY2020 $381.0M 15.11%
FY2019 $331.0M 308.07%
FY2018 $81.1M 25.76%
FY2017 $64.5M 6.17%
FY2016 $60.7M —

Quarterly newest first

Period Shares outstanding Change
Jun 2026 $398.0M 0.76%
Mar 2026 $395.0M 1.54%
Dec 2025 $389.0M (0.26%)
Sep 2025 $390.0M 0.52%
30 more quarters

Against its own ten years

Low $60.7M High $431.0M
Ten-year median $381.5M
Current reading's percentile 80

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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