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Moderna

Moderna (NASDAQ: MRNA) net income

Moderna reported a net loss of $2,822m for fiscal 2025; in fiscal 2024 it reported a net loss of $3,561m. Earnings per share were −$7.26.

Net income, in millions of US dollars-255.92017-384.72018-514.02019-747.0202012,20220218,3622022-4,7142023-3,5612024-2,8222025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025−$2,822m—−145.2%−$7.26
2024−$3,561m—−110.0%−$9.28
2023−$4,714m−156.4%−68.8%−$12.33
2022$8,362m−31.5%43.4%$21.26
2021$12,202m—66.1%$30.31
2020−$747.0m—−93.0%−$1.96
2019−$514.0m—−856.7%−$1.55
2018−$384.7m—−284.8%—
2017−$255.9m—−124.3%—

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Moderna

How much did Moderna earn in fiscal 2025?
Moderna reported a net loss of $2,822m for fiscal 2025. In fiscal 2024 it reported a net loss of $3,561m.
What are the earnings per share of Moderna?
They were −$7.26 in fiscal 2025, compared with −$9.28 in fiscal 2024.
What was the most profitable year for Moderna?
Of its last 9 fiscal years, fiscal 2021, with $12,202m.
Where do the figures for Moderna come from?
From the annual report (Form 10-K) that Moderna files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Moderna files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017. More on Moderna: the Moderna page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.