MRNA · News · 20260731N

Operating Expense Trends

Moderna, Inc. · 2026-07-31 · Importance 64 · Surprise 42 · In source text

Moderna improved its 2026 GAAP operating expense outlook by approximately $200 million from its previous estimate. The company said it is continuing to reduce costs while advancing programs in respiratory vaccines, oncology and rare diseases. Moderna reported a second-quarter GAAP net loss of $782 million, or $1.97 per share.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomepositiveprobable+69.0%Moderna improved its 2026 GAAP operating expense outlook by approximately $0.2 billion from its previous estimate.
net_incomenegativerealized—Moderna reported a net loss of $782 million, or $1.97 per share, for Q2 2026.
net_incomenegativerealized—Moderna's six-month net loss widened to $2.125 billion.