What is the current annual gross margin of MRNA?

As of today, MRNA annual gross margin is 55.35%

What is 1-year change in MRNA annual gross margin?

MRNA annual gross margin is up +13.14% year-over-year

What is 3-year change in MRNA annual gross margin?

MRNA annual gross margin is down -20.75% over the past 3 years

How far is MRNA annual gross margin from its all-time high?

MRNA annual gross margin is currently -49.23% below its historical high of 109.03% set on December 1, 2000

How does MRNA annual gross margin rank versus sector peers?

MRNA annual gross margin is higher than 53.66% of companies in Healthcare sector

When is MRNA next annual earnings release?

As of today, the next annual earnings release for MRNA has not been scheduled

What is the current quarterly gross margin of MRNA?

As of today, MRNA quarterly gross margin is -7.59%

What is MRNA quarterly gross margin most recent change?

MRNA quarterly gross margin was up +95.28% on June 30, 2026

What is 1-year change in MRNA quarterly gross margin?

MRNA quarterly gross margin is up +68.30% year-over-year

How far is MRNA quarterly gross margin from its all-time high?

MRNA quarterly gross margin is currently -106.76% below its historical high of 112.24% set on March 1, 2000

How does MRNA quarterly gross margin rank versus sector peers?

MRNA quarterly gross margin is higher than 11.29% of companies in Healthcare sector

When is MRNA next earnings release?

The next earnings release for MRNA is on November 5, 2026

Moderna, Inc. (MRNA) Gross Margin History & Chart Since 1993

Annual Gross Margin

55.35%6.43%+13.14%

December 31, 2025

Summary

Current Value: As of today, MRNA annual gross margin is 55.35%, up +13.14% on December 31, 2025
Historical Performance: MRNA annual gross margin is down -20.75% over the past 3 years, down -41.81% over the past 5 years
All-Time High Comparison: MRNA annual gross margin is currently -49.23% below its historical high of 109.03% set on December 1, 2000
3-Year Low Comparison: MRNA annual gross margin is +148.10% above its 3-year low of 22.31% reached on December 31, 2023
Sector Comparison: MRNA annual gross margin is higher than 53.66% of companies in Healthcare sector

Gross Margin Chart

beforeafter

Performance

MRNA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	55.35%	+13.1%	-20.8%	-41.8%	–
Quarterly Gross Margin	Jun 30, 26	-7.59%	+68.3%	+94.5%	-109.3%	–
Price	Aug 12, 26	$62.06	+141.9%	-38.9%	-84.1%	–
PE Ratio	Aug 12, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$1.94B	-39.9%	-89.8%	+142.0%	+10000.0%
Annual Gross Profit	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Annual Operating Margin	Dec 31, 25	-158.13%	-29.7%	-426.1%	-66.5%	+85.0%
Annual Net Margin	Dec 31, 25	-145.16%	-31.9%	-431.7%	-56.1%	+87.1%

Gross Margin Highs

MRNA Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	69.84%	N/A	-20.8%
5Y	95.12%	N/A	-41.8%
All	109.03%	Dec 1, 00	-49.2%

Gross Margin Lows

MRNA Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	22.31%	Dec 31, 23	+148.1%
5Y	22.31%	Dec 31, 23	+148.1%
All	-11.38%	Dec 1, 08	+586.4%

Gross Margin History

Year	Value	Change
2025	55.35%	+13.1%
2024	48.92%	+119.3%
2023	22.31%	-68.1%
2022	69.84%	-17.4%
2021	84.53%	-11.1%
2020	95.12%	+96.2%
2019	48.48%	-40.6%
2018	81.59%	-9.4%
2017	90.02%	+4.6%
2016	86.06%	+856.2%
2008	-11.38%	-111.4%
2007	99.45%	+0.7%
2006	98.75%	-1.0%

Year	Value	Change
2005	99.72%	+15.9%
2004	86.03%	-11.7%
2003	97.44%	+0.7%
2002	96.76%	+19.9%
2001	80.68%	-26.0%
2000	109.03%	+6.7%
1999	102.20%	+6.1%
1998	96.32%	+1.3%
1997	95.12%	+100.8%
1996	47.37%	-51.4%
1996	97.44%	+86.0%
1994	52.38%	-

FAQ

What is the current annual gross margin of MRNA?: As of today, MRNA annual gross margin is 55.35%
What is 1-year change in MRNA annual gross margin?: MRNA annual gross margin is up +13.14% year-over-year
What is 3-year change in MRNA annual gross margin?: MRNA annual gross margin is down -20.75% over the past 3 years
How far is MRNA annual gross margin from its all-time high?: MRNA annual gross margin is currently -49.23% below its historical high of 109.03% set on December 1, 2000
How does MRNA annual gross margin rank versus sector peers?: MRNA annual gross margin is higher than 53.66% of companies in Healthcare sector
When is MRNA next annual earnings release?: As of today, the next annual earnings release for MRNA has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

-7.59%153.08%+95.28%

June 30, 2026

Summary

Current Value: As of today, MRNA quarterly gross margin is -7.59%, up +95.28% on June 30, 2026
Historical Performance: MRNA quarterly gross margin is up +68.30% year-over-year, up +94.53% over the past 3 years
All-Time High Comparison: MRNA quarterly gross margin is currently -106.76% below its historical high of 112.24% set on March 1, 2000
3-Year Low Comparison: MRNA quarterly gross margin is +95.28% above its 3-year low of -160.67% reached on March 31, 2026
Sector Comparison: MRNA quarterly gross margin is higher than 11.29% of companies in Healthcare sector

Performance

MRNA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	-7.59%	+95.3%	+68.3%	+94.5%	-109.3%
Annual Gross Margin	Dec 31, 25	55.35%	–	+13.1%	-20.8%	-41.8%
Price	Aug 12, 26	$62.06	+16.5%	+141.9%	-38.9%	-84.1%
PE Ratio	Aug 12, 26	-	–	–	–	–
Quarterly Revenue	Jun 30, 26	$145.00M	-62.7%	+2.1%	-57.9%	-96.7%
Quarterly Gross Profit	Jun 30, 26	-$11.00M	+98.2%	+67.7%	+97.7%	-100.3%
Quarterly Operating Margin	Jun 30, 26	-562.07%	-57.5%	+12.0%	-3.6%	-899.2%
Quarterly Net Margin	Jun 30, 26	-539.31%	-56.2%	+7.2%	-34.4%	-944.6%

Quarterly Gross Margin Highs

MRNA Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	74.51%	Sep 30, 25	-110.2%
3Y	74.51%	Sep 30, 25	-110.2%
5Y	85.58%	Dec 31, 21	-108.9%
All	112.24%	Mar 1, 00	-106.8%

Quarterly Gross Margin Lows

MRNA Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	-160.67%	Mar 31, 26	+95.3%
3Y	-160.67%	Mar 31, 26	+95.3%
5Y	-160.67%	Mar 31, 26	+95.3%
All	-253.45%	Jun 1, 08	+97.0%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	-7.59%	+95.3%
Mar 2026	-160.67%	-785.2%
Dec 2025	23.45%	-68.5%
Sep 2025	74.51%	+411.2%
Jun 2025	-23.94%	-23.1%
Mar 2025	-19.44%	-212.4%
Dec 2024	17.29%	-75.2%
Sep 2024	69.60%	+97.3%
Jun 2024	35.27%	+68.3%
Mar 2024	20.96%	-64.9%
Dec 2023	59.65%	+265.7%
Sep 2023	-35.99%	+74.0%
Jun 2023	-138.66%	-359.3%
Mar 2023	53.48%	-11.2%
Dec 2022	60.23%	-5.0%
Sep 2022	63.40%	-8.3%
Jun 2022	69.12%	-15.6%
Mar 2022	81.89%	-4.3%
Dec 2021	85.58%	+1.8%
Sep 2021	84.06%	+3.5%
Jun 2021	81.19%	-9.0%
Mar 2021	89.26%	-8.2%
Dec 2020	97.26%	+2.8%
Sep 2020	94.62%	+6.9%
Jun 2020	88.55%	+689.9%
Mar 2020	11.21%	-69.2%
Dec 2019	36.40%	-36.3%
Sep 2019	57.17%	+34.0%
Jun 2019	42.67%	-21.5%
Mar 2019	54.35%	-31.4%
Dec 2018	79.25%	-6.2%
Sep 2018	84.48%	>+9,900.0%
Jun 2018	0.00%	0.0%
Mar 2018	0.00%	-100.0%
Dec 2017	93.56%	+6.4%
Sep 2017	87.92%	+8.6%
Sep 2008	80.99%	+132.0%
Jun 2008	-253.45%	-391.3%

Month	Value	Change
Mar 2008	87.02%	-12.5%
Dec 2007	99.50%	-0.3%
Jun 2007	99.81%	+1.0%
Mar 2007	98.82%	-0.3%
Dec 2006	99.15%	-0.6%
Sep 2006	99.77%	+0.3%
Jun 2006	99.46%	+3.1%
Mar 2006	96.44%	+1.2%
Dec 2004	95.31%	+151.3%
Sep 2004	37.93%	-33.2%
Mar 2004	56.76%	-39.0%
Dec 2003	93.08%	+41.5%
Sep 2003	65.79%	-33.7%
Jun 2003	99.23%	+5.9%
Mar 2003	93.74%	+1.5%
Dec 2002	92.37%	-5.6%
Jun 2002	97.87%	+3.1%
Mar 2002	94.89%	+97.1%
Dec 2001	48.15%	-44.3%
Sep 2001	86.40%	+2.8%
Jun 2001	84.06%	-1.5%
Mar 2001	85.36%	-21.1%
Dec 2000	108.18%	+1.9%
Sep 2000	106.21%	-4.2%
Jun 2000	110.92%	-1.2%
Mar 2000	112.24%	+4.8%
Mar 1999	107.14%	-1.4%
Dec 1998	108.71%	+17.1%
Jun 1998	92.86%	+2.6%
Mar 1998	90.48%	+42.2%
Dec 1997	63.64%	-42.1%
Sep 1997	110.00%	+28.3%
Dec 1995	85.71%	+50.0%
Jun 1994	57.14%	+42.9%
Mar 1994	40.00%	-20.0%
Dec 1993	50.00%	-37.5%
Sep 1993	80.00%	-

FAQ

What is the current quarterly gross margin of MRNA?: As of today, MRNA quarterly gross margin is -7.59%
What is MRNA quarterly gross margin most recent change?: MRNA quarterly gross margin was up +95.28% on June 30, 2026
What is 1-year change in MRNA quarterly gross margin?: MRNA quarterly gross margin is up +68.30% year-over-year
How far is MRNA quarterly gross margin from its all-time high?: MRNA quarterly gross margin is currently -106.76% below its historical high of 112.24% set on March 1, 2000
How does MRNA quarterly gross margin rank versus sector peers?: MRNA quarterly gross margin is higher than 11.29% of companies in Healthcare sector
When is MRNA next earnings release?: The next earnings release for MRNA is on November 5, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MRNA Official Website www.modernatx.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1682852/000162828025053816/0001628280-25-053816-index.htm
MRNA Profile on Yahoo Finance finance.yahoo.com/quote/MRNA
MRNA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mrna