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Side-by-side financial comparison of Genpact LTD (G) and Moderna (MRNA). Click either name above to swap in a different company.

Genpact LTD is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.3× Moderna). Genpact LTD runs the higher net margin — 10.8% vs -19.7%, a 30.5% gap on every dollar of revenue. On growth, Genpact LTD posted the faster year-over-year revenue change (5.6% vs -45.4%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $-880.0M). Over the past eight quarters, Genpact LTD's revenue compounded faster (8.0% CAGR vs -45.0%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

Moderna, Inc. is an American pharmaceutical and biotechnology company based in Cambridge, Massachusetts, that focuses on RNA therapeutics, primarily mRNA vaccines. These vaccines use a copy of a molecule called messenger RNA (mRNA) to carry instructions for proteins to produce an immune response. The company's name is derived from the terms "modified", "RNA", and "modern".

G vs MRNA — Head-to-Head

Bigger by revenue
G
G
1.3× larger
G
$1.3B
$1.0B
MRNA
Growing faster (revenue YoY)
G
G
+51.1% gap
G
5.6%
-45.4%
MRNA
Higher net margin
G
G
30.5% more per $
G
10.8%
-19.7%
MRNA
More free cash flow
G
G
$1.1B more FCF
G
$269.0M
$-880.0M
MRNA
Faster 2-yr revenue CAGR
G
G
Annualised
G
8.0%
-45.0%
MRNA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
G
G
MRNA
MRNA
Revenue
$1.3B
$1.0B
Net Profit
$143.1M
$-200.0M
Gross Margin
36.6%
79.6%
Operating Margin
14.8%
-25.6%
Net Margin
10.8%
-19.7%
Revenue YoY
5.6%
-45.4%
Net Profit YoY
0.8%
-1638.5%
EPS (diluted)
$0.82
$-0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
G
G
MRNA
MRNA
Q4 25
$1.3B
Q3 25
$1.3B
$1.0B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$1.2B
$966.0M
Q3 24
$1.2B
$1.9B
Q2 24
$1.2B
Q1 24
$1.1B
Net Profit
G
G
MRNA
MRNA
Q4 25
$143.1M
Q3 25
$145.8M
$-200.0M
Q2 25
$132.7M
Q1 25
$130.9M
Q4 24
$141.9M
$-1.1B
Q3 24
$132.8M
$13.0M
Q2 24
$122.0M
Q1 24
$116.9M
Gross Margin
G
G
MRNA
MRNA
Q4 25
36.6%
Q3 25
36.4%
79.6%
Q2 25
35.9%
Q1 25
35.3%
Q4 24
35.7%
23.5%
Q3 24
35.6%
72.4%
Q2 24
35.4%
Q1 24
35.0%
Operating Margin
G
G
MRNA
MRNA
Q4 25
14.8%
Q3 25
14.8%
-25.6%
Q2 25
14.3%
Q1 25
15.1%
Q4 24
15.2%
-129.0%
Q3 24
15.0%
-3.8%
Q2 24
14.5%
Q1 24
14.1%
Net Margin
G
G
MRNA
MRNA
Q4 25
10.8%
Q3 25
11.3%
-19.7%
Q2 25
10.6%
Q1 25
10.8%
Q4 24
11.4%
-115.9%
Q3 24
11.0%
0.7%
Q2 24
10.4%
Q1 24
10.3%
EPS (diluted)
G
G
MRNA
MRNA
Q4 25
$0.82
Q3 25
$0.83
$-0.51
Q2 25
$0.75
Q1 25
$0.73
Q4 24
$0.80
$-2.91
Q3 24
$0.74
$0.03
Q2 24
$0.67
Q1 24
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
G
G
MRNA
MRNA
Cash + ST InvestmentsLiquidity on hand
$1.2B
$1.1B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.5B
$9.3B
Total Assets
$5.8B
$12.1B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
MRNA
MRNA
Q4 25
$1.2B
Q3 25
$740.8M
$1.1B
Q2 25
$663.3M
Q1 25
$561.6M
Q4 24
$671.6M
$1.9B
Q3 24
$1.0B
$1.6B
Q2 24
$914.2M
Q1 24
$478.4M
Total Debt
G
G
MRNA
MRNA
Q4 25
$1.5B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.2B
Stockholders' Equity
G
G
MRNA
MRNA
Q4 25
$2.5B
Q3 25
$2.5B
$9.3B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.4B
$10.9B
Q3 24
$2.4B
$11.9B
Q2 24
$2.3B
Q1 24
$2.3B
Total Assets
G
G
MRNA
MRNA
Q4 25
$5.8B
Q3 25
$5.4B
$12.1B
Q2 25
$5.3B
Q1 25
$4.9B
Q4 24
$5.0B
$14.1B
Q3 24
$5.3B
$15.8B
Q2 24
$5.2B
Q1 24
$4.7B
Debt / Equity
G
G
MRNA
MRNA
Q4 25
0.60×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.51×
Q3 24
0.68×
Q2 24
0.70×
Q1 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
G
G
MRNA
MRNA
Operating Cash FlowLast quarter
$286.7M
$-847.0M
Free Cash FlowOCF − Capex
$269.0M
$-880.0M
FCF MarginFCF / Revenue
20.4%
-86.6%
Capex IntensityCapex / Revenue
1.3%
3.2%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$734.7M
$-1.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
MRNA
MRNA
Q4 25
$286.7M
Q3 25
$308.4M
$-847.0M
Q2 25
$177.4M
Q1 25
$40.4M
Q4 24
$203.2M
$825.0M
Q3 24
$228.5M
$-1.6B
Q2 24
$209.3M
Q1 24
$-25.6M
Free Cash Flow
G
G
MRNA
MRNA
Q4 25
$269.0M
Q3 25
$292.0M
$-880.0M
Q2 25
$155.1M
Q1 25
$18.5M
Q4 24
$183.5M
$303.0M
Q3 24
$208.7M
$-1.7B
Q2 24
$190.0M
Q1 24
$-49.6M
FCF Margin
G
G
MRNA
MRNA
Q4 25
20.4%
Q3 25
22.6%
-86.6%
Q2 25
12.4%
Q1 25
1.5%
Q4 24
14.7%
31.4%
Q3 24
17.2%
-92.2%
Q2 24
16.2%
Q1 24
-4.4%
Capex Intensity
G
G
MRNA
MRNA
Q4 25
1.3%
Q3 25
1.3%
3.2%
Q2 25
1.8%
Q1 25
1.8%
Q4 24
1.6%
54.0%
Q3 24
1.6%
8.1%
Q2 24
1.6%
Q1 24
2.1%
Cash Conversion
G
G
MRNA
MRNA
Q4 25
2.00×
Q3 25
2.11×
Q2 25
1.34×
Q1 25
0.31×
Q4 24
1.43×
Q3 24
1.72×
-120.46×
Q2 24
1.72×
Q1 24
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

MRNA
MRNA

COVID19$971.0M96%
Other Revenue$20.0M2%
Grant$14.0M1%
Collaboration Arrangement Including Arrangements With Affiliate$7.0M1%
License And Royalty$2.0M0%

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