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Moderna, Inc. Income Tax Expense 2016-2026 | MRNA

Annual FY2016–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$54.0M

+217.4%YoY vs FY2024Source: 10-KFY2025

From $1.0M in FY2016 to $54.0M in FY2025: 51.8× in 9 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$9M+28.6%Not reportedNot reportedNot reported
FY25$7M−30.0%$7M$13M+62.5%$27M+142.2%
FY24$10M+102.6%$0+100.0%$8M−99.5%−$64M+56.5%
FY23−$384M−167.1%−$369M−233.2%$1.7B+860.9%−$147M−177.4%
FY22$572M+1366.7%$277M−2.1%$174M−20.5%$190M−64.9%
Share21%21%20%39%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+78.3%

FY2020
$3.0M
FY2025
$54.0M

5 years selected · on the chart

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  1. $54.0M
YoY changeLargest recent move−36.4%in FY23Latest +217.4%

5 older moves run past ±150% (largest +36000.0%); point at, tap or drag across the bars to read one.

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$54.0M+217.4%10-K
FY2024−$46.0M−106.0%10-K
FY2023$772.0M−36.4%10-K
FY2022$1.21B+12.0%10-K
FY2021$1.08B+36000.0%10-K
FY2020$3.0M+400.0%10-K
FY2019−$1.0M−406.7%10-K
FY2018$326,000+507.5%10-K
FY2017−$80,000−107.7%10-K
FY2016$1.0M—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is Moderna, Inc.'s current income tax expense?

Moderna, Inc. (MRNA) annual income tax expense for 2025 was $54.0M, a 217.39% increase from 2024. Moderna, Inc. income tax expense for the quarter ending March 31, 2026 was $9.0M.

What was Moderna, Inc.'s income tax expense in 2024?

Moderna, Inc. annual income tax expense for 2024 was $-46.0M, a 105.96% decline from 2023.

What was Moderna, Inc.'s income tax expense in 2023?

Moderna, Inc. annual income tax expense for 2023 was $772.0M, a 36.36% decline from 2022.

What is Moderna, Inc.'s 5-year income tax expense CAGR?

Moderna, Inc. income tax expense grew at a compound annual growth rate (CAGR) of 78.26% from FY2020 to FY2025, going from $3.0M to $54.0M over 5 years.

Company
Moderna, Inc.
Ticker
MRNA
Sector
Healthcare
Industry
Biological Products, (No Diagnostic Substances)