Moderna, Inc. · Q1 2026
ReportedMay 1, 2026
Period endedMar 31, 2026
Rule of 40n/m
The quarter in short
Revenue $389M, up 260.2% year over year and down 42.6% on the quarter. EPS −$3.40, down 34.9% year over year and 61.1% on the quarter. Free cash flow −$692M, up 40.0% year over year.
Reported this quarter
Revenue
$389M
QoQ −42.6%
YoY +260.2%
EPS
−$3.40
QoQ −61.1%
YoY −34.9%
Free Cash Flow
−$692M
QoQ —
YoY +40.0%
Gross Margin
-145.5%
QoQ −178.8 pp
YoY −162.2 pp
FCF Margin
-177.9%
QoQ −309.3 pp
YoY +890.6 pp
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Sources & downloads
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Earnings press release
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SEC filings
Filed with the SEC under CIK 1682852.
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8-K results announcement
Filed May 1, 2026
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Press release (EX-99.1)
Exhibit 99.1 to the 8-K
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10-Q quarterly report
Period ended Mar 31, 2026, filed May 1, 2026
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This quarter (CSV)
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This quarter (JSON)
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