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Side-by-side financial comparison of Moderna (MRNA) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Moderna is the larger business by last-quarter revenue ($1.0B vs $568.5M, roughly 1.8× Real Brokerage Inc). Real Brokerage Inc runs the higher net margin — -0.1% vs -19.7%, a 19.6% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs -45.4%). Real Brokerage Inc produced more free cash flow last quarter ($8.4M vs $-880.0M).

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".

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

MRNA vs REAX — Head-to-Head

Bigger by revenue
MRNA
MRNA
1.8× larger
MRNA
$1.0B
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+98.1% gap
REAX
52.6%
-45.4%
MRNA
Higher net margin
REAX
REAX
19.6% more per $
REAX
-0.1%
-19.7%
MRNA
More free cash flow
REAX
REAX
$888.4M more FCF
REAX
$8.4M
$-880.0M
MRNA

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
MRNA
MRNA
REAX
REAX
Revenue
$1.0B
$568.5M
Net Profit
$-200.0M
$-447.0K
Gross Margin
79.6%
7.9%
Operating Margin
-25.6%
-0.1%
Net Margin
-19.7%
-0.1%
Revenue YoY
-45.4%
52.6%
Net Profit YoY
-1638.5%
82.7%
EPS (diluted)
$-0.51
$0.00

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
MRNA
MRNA
REAX
REAX
Q3 25
$1.0B
$568.5M
Q2 25
$540.7M
Q1 25
$354.0M
Q4 24
$966.0M
Q3 24
$1.9B
$372.5M
Q1 24
$200.7M
Q4 23
$2.8B
Q3 23
$1.8B
Net Profit
MRNA
MRNA
REAX
REAX
Q3 25
$-200.0M
$-447.0K
Q2 25
$1.5M
Q1 25
$-5.0M
Q4 24
$-1.1B
Q3 24
$13.0M
$-2.6M
Q1 24
$-16.1M
Q4 23
$217.0M
Q3 23
$-3.6B
Gross Margin
MRNA
MRNA
REAX
REAX
Q3 25
79.6%
7.9%
Q2 25
8.9%
Q1 25
9.6%
Q4 24
23.5%
Q3 24
72.4%
8.6%
Q1 24
10.3%
Q4 23
67.0%
Q3 23
-22.4%
Operating Margin
MRNA
MRNA
REAX
REAX
Q3 25
-25.6%
-0.1%
Q2 25
0.3%
Q1 25
-1.5%
Q4 24
-129.0%
Q3 24
-3.8%
-0.7%
Q1 24
-7.8%
Q4 23
0.2%
Q3 23
-109.9%
Net Margin
MRNA
MRNA
REAX
REAX
Q3 25
-19.7%
-0.1%
Q2 25
0.3%
Q1 25
-1.4%
Q4 24
-115.9%
Q3 24
0.7%
-0.7%
Q1 24
-8.0%
Q4 23
7.7%
Q3 23
-198.3%
EPS (diluted)
MRNA
MRNA
REAX
REAX
Q3 25
$-0.51
$0.00
Q2 25
$0.01
Q1 25
$-0.02
Q4 24
$-2.91
Q3 24
$0.03
$-0.01
Q1 24
$-0.09
Q4 23
$0.63
Q3 23
$-9.53

Balance Sheet & Financial Strength

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

Metric
MRNA
MRNA
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$1.1B
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.3B
$53.6M
Total Assets
$12.1B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRNA
MRNA
REAX
REAX
Q3 25
$1.1B
$38.7M
Q2 25
$49.7M
Q1 25
$24.7M
Q4 24
$1.9B
Q3 24
$1.6B
$22.6M
Q1 24
$20.1M
Q4 23
$2.9B
Q3 23
$2.9B
Stockholders' Equity
MRNA
MRNA
REAX
REAX
Q3 25
$9.3B
$53.6M
Q2 25
$49.2M
Q1 25
$32.8M
Q4 24
$10.9B
Q3 24
$11.9B
$29.8M
Q1 24
$25.6M
Q4 23
$13.9B
Q3 23
$13.5B
Total Assets
MRNA
MRNA
REAX
REAX
Q3 25
$12.1B
$145.2M
Q2 25
$149.4M
Q1 25
$100.5M
Q4 24
$14.1B
Q3 24
$15.8B
$102.5M
Q1 24
Q4 23
$18.4B
Q3 23
$19.4B

Cash Flow & Capital Efficiency

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

Metric
MRNA
MRNA
REAX
REAX
Operating Cash FlowLast quarter
$-847.0M
$8.8M
Free Cash FlowOCF − Capex
$-880.0M
$8.4M
FCF MarginFCF / Revenue
-86.6%
1.5%
Capex IntensityCapex / Revenue
3.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.9B
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRNA
MRNA
REAX
REAX
Q3 25
$-847.0M
$8.8M
Q2 25
$41.0M
Q1 25
$15.9M
Q4 24
$825.0M
Q3 24
$-1.6B
$7.2M
Q1 24
$21.5M
Q4 23
$622.0M
Q3 23
$-1.6B
Free Cash Flow
MRNA
MRNA
REAX
REAX
Q3 25
$-880.0M
$8.4M
Q2 25
$40.8M
Q1 25
$15.7M
Q4 24
$303.0M
Q3 24
$-1.7B
$6.8M
Q1 24
$21.4M
Q4 23
$402.0M
Q3 23
$-1.7B
FCF Margin
MRNA
MRNA
REAX
REAX
Q3 25
-86.6%
1.5%
Q2 25
7.5%
Q1 25
4.4%
Q4 24
31.4%
Q3 24
-92.2%
1.8%
Q1 24
10.7%
Q4 23
14.3%
Q3 23
-95.0%
Capex Intensity
MRNA
MRNA
REAX
REAX
Q3 25
3.2%
0.1%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
54.0%
Q3 24
8.1%
0.1%
Q1 24
0.0%
Q4 23
7.8%
Q3 23
7.6%
Cash Conversion
MRNA
MRNA
REAX
REAX
Q3 25
Q2 25
27.13×
Q1 25
Q4 24
Q3 24
-120.46×
Q1 24
Q4 23
2.87×
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

REAX
REAX

Segment breakdown not available.

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