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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Moderna's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$17.74 B | $18.88 B | $6.85 B | $3.20 B | $1.94 B |
| Cost of Revenue |
|
$2.62 B | $5.42 B | $4.69 B | $1.46 B | $868.00 M |
| Gross Profit |
|
$15.12 B | $13.46 B | $2.16 B | $1.74 B | $1.08 B |
| Research & Development |
|
$1.99 B | $3.30 B | $4.85 B | $4.54 B | $3.13 B |
| Selling,General & Administrative |
|
$567.00 M | $1.13 B | $1.55 B | $1.17 B | $1.02 B |
| Operating Expense |
|
$1.82 B | $4.04 B | $6.39 B | $5.68 B | $4.15 B |
| Operating Income |
|
$13.30 B | $9.42 B | -$4.24 B | -$3.95 B | -$3.07 B |
| Net Income |
|
$12.20 B | $8.36 B | -$4.71 B | -$3.56 B | -$2.82 B |
Moderna's Assets vs Liabilities & Equity
Moderna's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$10.73 B | $9.90 B | $8.60 B | $7.03 B | $5.80 B |
| Inventories |
|
$1.44 B | $949.00 M | $202.00 M | $117.00 M | $153.00 M |
| Total Current Assets |
|
$16.07 B | $13.43 B | $10.33 B | $8.10 B | $6.54 B |
| Property,Plant and Equipment |
|
$1.38 B | $2.14 B | $2.66 B | $2.96 B | $2.85 B |
| Goodwill |
|
- | - | $52.00 M | $52.00 M | - |
| Total Assets |
|
$24.67 B | $25.86 B | $18.43 B | $14.14 B | $12.34 B |
| Total Liabilities |
|
$10.52 B | $6.74 B | $4.57 B | $3.24 B | $3.69 B |
| Retained Earnings |
|
$9.96 B | $18.32 B | $13.61 B | $10.05 B | $7.22 B |
| Total Shareholder Equity |
|
$14.15 B | $19.12 B | $13.85 B | $10.90 B | $8.65 B |
| Common Stock |
|
- | - | - | - | - |
Moderna's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$232.00 M | $348.00 M | $621.00 M | $189.00 M | $215.00 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$284.00 M | -$400.00 M | -$707.00 M | -$1.05 B | -$192.00 M |
| Free Cash Flow (FCF) |
|
$13.34 B | $4.58 B | -$3.83 B | -$4.06 B | -$2.07 B |
Moderna's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$15.12 B | $13.46 B | $2.16 B | $1.74 B | $1.08 B |
| Gross Profit Margin (%) |
|
85.24% | 71.31% | 31.47% | 54.24% | 55.35% |
| Operating Income |
|
$13.30 B | $9.42 B | -$4.24 B | -$3.95 B | -$3.07 B |
| Operating Income Margin (%) |
|
74.97% | 49.91% | -61.90% | -123.32% | -158.13% |
| Net Income |
|
$12.20 B | $8.36 B | -$4.71 B | -$3.56 B | -$2.82 B |
| Net Income Margin (%) |
|
68.80% | 44.30% | -68.84% | -111.32% | -145.16% |
| EBITDA |
|
$13.53 B | $9.77 B | -$3.28 B | -$3.39 B | -$3.07 B |
| EBITDA Margin (%) |
|
76.27% | 51.75% | -47.94% | -106.10% | -131.33% |
Moderna's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
86.26% | 43.73% | -34.03% | -32.67% | - |
| Return on Assets (ROA) |
|
49.46% | 32.34% | -25.58% | -25.18% | - |
| Debt to Equity |
|
6.48% | 6.28% | 8.97% | 6.85% | 22.15% |
| Debt to total asset |
|
3.71% | 4.64% | 6.75% | 5.28% | 15.53% |
| Enterprise value to revenue |
|
5.44 | 3.64 | 5.30 | 4.62 | 0.00 |
| Enterprise value to EBITDA |
|
7.13 | 7.04 | -11.06 | -4.36 | 0.00 |
| Enterprise value |
|
$96.42 B | $68.77 B | $36.33 B | $14.79 B | - |
| Tax Rate (%) |
|
8.15% | 12.67% | -19.58% | 1.28% | -1.95% |
Frequently Asked Questions
