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EBIT at other companies

Pfizer logo
PfizerPFE
-$653M-121%
Novavax logo
NovavaxNVAX
-$54.91M-154%
ALN
Alnylam PharmaceuticalsALNY
$231.44M+1,529%
Ultragenyx Pharmaceutical logo
Ultragenyx PharmaceuticalRARE
-$75M+30.6%
Vaxcyte, Inc. logo
Vaxcyte, Inc.PCVX
-$345.85M-91.3%
Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
-$126.27M-18.3%

Other financials

Income statement

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Revenue$145.0M+2.1%
Gross profit$52.0M+126%
Operating income-$815.0M+10.1%
Net income-$782.0M+5.2%
EPS (diluted)-$1.97+7.5%

Balance sheet

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Cash & equivalents$1.7B+34.5%
Total debt$1.2B+60.8%
Total equity$6.8B-28.1%
Total assets$11.0B-8.7%

Cash flow

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Operating cash flow-$526.0M+42.8%
CapEx$37.0M+1,133%
Free cash flow-$563.0M+38.9%

Valuation

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Market cap$22.46B+116%
Enterprise value$21.97B+122%
P/S10.1×+6.7×

Profitability

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Gross margin23.4%-29.1pp
Operating margin-149%+99.9pp
Net margin-141.4%+141pp
FCF margin-132.4%

Returns & leverage

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Return on equity-39%+28.0pp
Debt / equity0.2×+0.1×
Current ratio2.3×-1.6×

Where this comes from

Calculated from Moderna’s reported figures.

Plus components not separately reported this period.

The source filing: Moderna’s 8-K, filed July 31, 2026. Open the filing →

Filed
Jul 31, 2026, 7:03 AM EDT
Accession
0001682852-26-000147

FAQ

What is Moderna's EBIT?
Moderna (MRNA) reported EBIT of -$815M in Q2 2026.
How has Moderna's EBIT changed year-over-year?
Moderna's EBIT increased by 10.1% year-over-year, from -$907M to -$815M.
What is the long-term trend for Moderna's EBIT?
Over 4 years (2021 to 2025), Moderna's EBIT has grown at a -30.7% compound annual growth rate (CAGR), from $13.3B to -$3.07B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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