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Earnings Per Share

Shares (Diluted)

Moderna Shares (Diluted) increased by 1.5% to 395M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from 386M to 395M. Over 4 years (FY 2021 to FY 2025), Shares (Diluted) shows a downward trend with a -2.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026May 1, 2026

How to read this metric

A higher number relative to basic shares indicates a larger potential for dilution of existing shareholder value.

Detailed definition

Weighted-average shares diluted includes the basic weighted-average shares plus the potential impact of all dilutive sec...

Peer comparison

Standard metric for evaluating the potential impact of employee stock option plans and convertible financing on equity ownership.

Metric ID: weighted_shares_diluted

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value431M434M431M426M419M412M416M405M381M381M382M382M384M399M384M386M388M390M389M395M
QoQ Change+0.7%-0.7%-1.2%-1.6%-1.7%+1.0%-2.6%-5.9%+0.0%+0.3%+0.0%+0.5%+3.9%-3.8%+0.5%+0.5%+0.5%-0.3%+1.5%
YoY Change-2.8%-5.1%-3.5%-4.9%-9.1%-7.5%-8.2%-5.7%+0.8%+4.7%+0.5%+1.0%+1.0%-2.3%+1.3%+2.3%
Range381M434M
CAGR-1.8%
Avg YoY Growth-2.3%
Median YoY Growth-2.5%

Frequently Asked Questions

What is Moderna's shares (diluted)?
Moderna (MRNA) reported shares (diluted) of 395M in Q1 2026.
How has Moderna's shares (diluted) changed year-over-year?
Moderna's shares (diluted) increased by 2.3% year-over-year, from 386M to 395M.
What is the long-term trend for Moderna's shares (diluted)?
Over 4 years (2021 to 2025), Moderna's shares (diluted) has grown at a -2.6% compound annual growth rate (CAGR), from 1.7B to 1.6B.
What does shares (diluted) mean?
The average number of shares that would exist if all potential sources of new shares were converted.