MRNA - Moderna, Inc.

📈 Is growth accelerating? 7 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Revenue Growth YoY (%)	2.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-74%)	260.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3152%)	-29.8% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-473%)	-45.4% Weak → Weak Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-668%)	-41.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-613%)	-35.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-542%)	-65.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-920%)	1.7% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-79%)	-29.9% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-474%)	-91.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1238%)	-44.7% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-659%)	-45.6% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-670%)	-92.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1259%)	-69.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-966%)	—	-32.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-504%)	9.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+13%)	213.2% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2565%)	—	3065.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+38212%)	6398.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+79881%)	22989.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+287272%)	4023.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+50199%)	821.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+10163%)	412.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+5051%)	-47.7% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-696%)	-60.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-861%)	-59.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-840%)	-54.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-783%)	-44.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-660%)	—	—	—	—	—	—	—
EPS Growth YoY (%)	7.5% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-34.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	27.5% Excellent → Excellent Stable Year-over-year change in earnings per share Optimal: > 10%	N/M	36.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	17.9% Good Good Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	8.0% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	N/M	-85.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	-97.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-68.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-67.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-19.9% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	198.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	5.2% Fair ↑ Fair Improving Year-over-year change in net income	-38.3% Weak ↓ Weak Declining Year-over-year change in net income	26.2% Excellent → Excellent Stable Year-over-year change in net income	N/M	35.5% Excellent Excellent Year-over-year change in net income	17.4% Good Good Year-over-year change in net income	N/M	N/M	7.3% Fair Fair Year-over-year change in net income	N/M	-85.2% Weak Weak Year-over-year change in net income	N/M	N/M	-97.8% Weak ↓ Weak Declining Year-over-year change in net income	-69.9% Weak ↓ Weak Declining Year-over-year change in net income	-68.7% Weak ↓ Weak Declining Year-over-year change in net income	-21.0% Weak Weak Year-over-year change in net income	199.5% Excellent Excellent Year-over-year change in net income	N/M	N/M	N/M	N/M	-121.5% Weak ↓ Weak Declining Year-over-year change in net income	-89.1% Weak ↓ Weak Declining Year-over-year change in net income	13.4% Fair ↑ Fair Improving Year-over-year change in net income	6.4% Fair ↑ Fair Improving Year-over-year change in net income	12.8% Fair ↑ Fair Improving Year-over-year change in net income	-53.4% Weak ↑ Weak Improving Year-over-year change in net income	-49.1% Weak Weak Year-over-year change in net income	-83.3% Weak Weak Year-over-year change in net income	—	—	—	—	—	—	—
FCF Growth YoY (%)	—	41.4% Excellent Excellent Year-over-year change in free cash flow	—	—	—	3.6% Caution Caution Year-over-year change in free cash flow	—	—	—	10.5% Fair Fair Year-over-year change in free cash flow	—	—	—	N/M	—	—	—	-10.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-25.0% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-40.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-48.9% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-32.9% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-69.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-73.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	—	-27.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-61.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-55.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	70.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	126.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	72.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	505.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	616.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	482.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	613.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	623.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	—	391.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	432.4% Excellent Excellent Compound annual revenue growth over 3 years	305.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	-49.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-27.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	3.5% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	45.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	16.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	66.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	133.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	155.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	79.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	59.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	139.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	113.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	64.2% Excellent Excellent Compound annual revenue growth over 5 years	129.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	—	—	—	-84.6% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Operating Margin (%) (%)	—	-356.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2479%)	-126.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-943%)	-25.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-271%)	—	—	-129.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-960%)	-3.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-125%)	—	—	0.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	-109.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-833%)	—	-19.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-231%)	31.1% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+107%)	34.7% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+131%)	51.5% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+244%)	69.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+365%)	—	71.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+377%)	70.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+369%)	65.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+336%)	-48.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-421%)	-149.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1098%)	-182.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1314%)	—	—	—	—	—	-432.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2980%)	-205.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1470%)	-336.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2342%)	-266.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1877%)	—	—	—
Effective Tax Rate (%) (%)	-2.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-3.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-7.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.1% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-210.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-85.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.1% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	125.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	13.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	-0.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	—	-345.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2977%)	-121.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1115%)	-19.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-264%)	—	—	-115.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1066%)	0.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-94%)	—	—	7.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	-198.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1752%)	-401.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3443%)	4.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	28.8% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+140%)	31.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+158%)	46.3% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+286%)	60.3% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+402%)	—	67.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+459%)	63.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+432%)	63.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+425%)	-47.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-498%)	-148.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1337%)	-174.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1555%)	—	—	—	—	—	-399.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3427%)	-192.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1703%)	-314.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2717%)	-249.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2177%)	—	—	—
FCF Margin (%) (%)	-388.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-177.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	131.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	-86.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	31.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	14.3% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-71.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	30.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	43.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	151.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	217.2% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	-64.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	-295.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-254.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-285.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-493.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—
FCF / Net Income (x)	0.72x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.52x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.08x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	4.40x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	—	1.19x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	-0.27x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	1.01x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	1.85x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—	—	-16.94x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—	—	0.72x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.66x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	2.40x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-4.54x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-3.75x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.37x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.90x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.86x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	1.14x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.32x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	1.98x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Return on Invested Capital (%)	-11.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-17.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-9.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-9.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-11.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-10.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	7.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	5.6% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	12.1% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	21.4% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	34.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	33.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	36.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	26.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-10.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-8.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.3% Weak → Weak Stable Return earned on debt + equity capital invested Optimal: > 10%	-8.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-7.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-7.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	9.0% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	11.1% Good Good Return earned on debt + equity capital invested Optimal: > 10%	10.0% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	—	—	—
Return on Capital (%) (%)	-7.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.7% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-7.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	—	-10.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	—	4.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.4% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	15.3% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	—	17.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	19.0% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	10.0% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—	—	-6.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	—	-8.2% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-8.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-7.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—	—
Return on Common Equity (%) (%)	-11.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-177%)	-18.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-221%)	-9.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-164%)	-2.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-114%)	-8.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-159%)	-9.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-164%)	-10.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-168%)	0.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-99%)	-10.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-173%)	-9.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-161%)	1.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-90%)	-27.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-280%)	-8.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-154%)	0.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-97%)	7.7% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-49%)	5.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-61%)	12.2% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-19%)	21.4% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+43%)	34.4% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+129%)	32.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+119%)	41.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+176%)	31.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+112%)	-10.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-171%)	-8.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-156%)	-4.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-126%)	-7.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-150%)	-10.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-170%)	-9.8% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-166%)	-10.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-167%)	-9.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-161%)	-9.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-162%)	10.6% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-29%)	13.2% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-12%)	11.8% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	—	—	—

⚖️ Is the balance sheet risky? 3 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Debt to Equity (x)	0.09x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-85%)	0.08x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-87%)	0.07x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-89%)	—	—	—	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Debt (USD)	$-1.13B	$-1.32B	$-2.00B	$-1.13B	$-1.28B	$-1.62B	$-1.93B	$-1.64B	$-2.48B	$-2.05B	$-2.91B	$-2.93B	$-3.80B	$-3.44B	$-3.21B	$-3.03B	$-2.87B	$-5.05B	$-6.85B	$-5.55B	$-5.60B	$-5.44B	$-2.62B	$-1.51B	$-1.76B	$-391.72M	$-236.00M	$-173.71M	$-151.62M	$-502.93M	—	$-167.06M	$-140.62M	$-90.48M	$-134.86M	$-50.08M	$-159.04M
Debt / EBITDA (x)	-0.78x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.44x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.75x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Revenue per Share (USD)	$0.36	$0.98	—	$2.61	$0.37	$0.28	—	$4.84	$0.63	$0.44	—	$4.81	$0.90	$4.82	—	$8.63	$11.99	$15.09	—	$12.30	$10.83	$4.84	—	$0.40	$0.18	—	—	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-1.97	$-3.40	$-2.11	$-0.51	$-2.13	$-2.52	$-2.91	$0.03	$-3.33	$-3.07	$0.56	$-9.53	$-3.62	$0.20	$3.85	$2.67	$5.55	$9.09	$12.06	$8.27	$6.93	$3.05	$-0.70	$-0.59	$-0.31	—	—	—	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-1.41	$-1.75	—	$-2.26	—	$-2.99	—	—	—	$-3.10	—	—	—	$-3.47	—	—	—	$6.54	—	—	—	$7.34	—	$2.21	$-0.11	—	—	—	—	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$16.94	$18.66	$21.95	$23.86	$24.16	$26.01	$28.24	$30.98	$30.50	$33.46	—	$35.31	$44.49	$49.12	—	$46.49	$45.88	$42.69	—	$25.00	$16.64	$9.57	—	$6.99	$7.73	$4.43	—	$3.76	$4.06	$4.40	—	—	—	—	$-8.46	—	—
Tangible Book Value per Share (USD)	$16.81	$18.53	$21.82	$23.73	$24.03	$25.88	$28.11	$30.84	$30.36	$33.33	—	$35.18	$44.35	$48.99	—	$46.49	$45.88	$42.69	—	$25.00	$16.64	$9.57	—	$6.99	$7.73	$4.43	—	$3.76	$4.06	$4.40	—	—	—	—	$-8.46	—	—
Basic Weighted Avg Shares (shares)	398.00M	395.00M	—	390.00M	388.00M	386.00M	—	385.00M	384.00M	382.00M	—	381.00M	381.00M	386.00M	—	390.00M	396.00M	402.00M	—	404.00M	402.00M	400.00M	—	395.00M	381.00M	—	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Working Capital (USD)	$3.28B	$3.38B	$4.56B	$4.92B	$4.60B	$5.16B	$5.89B	$7.46B	$7.30B	$7.22B	—	$6.41B	$7.48B	$8.62B	—	$7.49B	$6.75B	$7.11B	—	$3.47B	$2.13B	$3.26B	—	—	—	$1.12B	—	$946.62M	$935.43M	$981.67M	—	—	—	—	$591.76M	—	—
LT Debt (USD)	$591.00M	$590.00M	$590.00M	—	—	—	$0.00	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$6.76B	$7.41B	$8.65B	$9.33B	$9.40B	$10.07B	$10.90B	$11.93B	$11.71B	$12.82B	$13.85B	$13.46B	$16.95B	$18.86B	$19.12B	$17.99B	$17.98B	$17.07B	$14.14B	$10.12B	$6.70B	$3.84B	$2.56B	$2.76B	$2.95B	$1.64B	$1.18B	$1.25B	$1.34B	$1.45B	$1.53B	$-757.13M	$-688.77M	$-613.71M	$-551.37M	$-334.81M	$-149.76M

📋 What is driving earnings? 4 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q1 FY2020 Mar 31, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q3 FY2019 Sep 30, 2019 10-Q ↗	Q2 FY2019 Jun 30, 2019 10-Q ↗	Q1 FY2019 Mar 31, 2019 10-Q ↗	Q4 FY2018 Dec 31, 2018 10-K ↗	Q3 FY2018 Sep 30, 2018 10-Q ↗	Q2 FY2018 Jun 30, 2018 10-Q ↗	Q1 FY2018 Mar 31, 2018 10-Q ↗	Q4 FY2017 Dec 31, 2017 10-K ↗	Q4 FY2016 Dec 31, 2016 10-K ↗	Q4 FY2015 Dec 31, 2015 10-K ↗
Sales/Revenue/Turnover (USD)	$145.00M	$389.00M	$678.00M	$1.02B	$142.00M	$108.00M	$966.00M	$1.86B	$241.00M	$167.00M	$2.81B	$1.83B	$344.00M	$1.86B	$5.08B	$3.36B	$4.75B	$6.07B	—	$4.97B	$4.35B	$1.94B	$571.00M	$157.00M	$67.00M	$8.39M	$13.85M	$17.05M	$13.08M	$16.02M	$35.42M	$41.76M	$28.85M	$29.04M	—	—	—
Depreciation Expense (USD)	$56.00M	$56.00M	$66.00M	$51.00M	$56.00M	$38.00M	$59.00M	$51.00M	$40.00M	$35.00M	$203.00M	$246.00M	$90.00M	$78.00M	$80.00M	$113.00M	$76.00M	$79.00M	—	$70.00M	$69.00M	$15.00M	$7.00M	$8.00M	$8.00M	$7.45M	$8.95M	$7.30M	$7.50M	$7.33M	$7.35M	$6.50M	$5.90M	$5.15M	—	—	—
Net Income, GAAP (USD)	$-782.00M	$-1.34B	$-826.00M	$-200.00M	$-825.00M	$-971.00M	$-1.12B	$13.00M	$-1.28B	$-1.18B	$217.00M	$-3.63B	$-1.38B	$79.00M	$1.47B	$1.04B	$2.20B	$3.66B	$4.87B	$3.33B	$2.78B	$1.22B	$-273.00M	$-233.00M	$-117.00M	$-124.23M	$-123.27M	$-123.19M	$-135.05M	$-132.66M	$-141.43M	$-80.33M	$-90.60M	$-72.38M	—	—	—
Operating Cash Flow (USD)	$-526.00M	$-630.00M	$930.00M	$-847.00M	—	$-1.04B	$825.00M	—	—	$-989.00M	$622.00M	—	—	$-1.23B	$1.66B	—	—	$2.76B	$3.31B	—	—	$2.97B	$1.26B	$893.00M	$-24.00M	$-106.19M	$-99.05M	—	—	$-143.93M	$-91.02M	$-80.21M	$-48.25M	$-111.39M	—	—	—

Moderna, Inc.

Analytical Summary

37-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

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