Moderna (MRNA) Accumulated Expenses (2017 - 2026)
Moderna (MRNA) reported Accumulated Expenses of $1.9 billion for Q1 2026, up 91.01% year-over-year from $1.0 billion in Q1 2025, and up 37.95% quarter-over-quarter from $1.4 billion in Q4 2025.
Moderna (MRNA) Accumulated Expenses (2017 - 2026) Analysis & Trends
Moderna (MRNA) has 10 years of Accumulated Expenses data on file, last reported at $1.9 billion in Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $1.9 billion, up 91.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 91.01% YoY), and the FY2025 annual result was $1.4 billion, down 2.87% from the prior year.
- Accumulated Expenses rose to $1.9 billion in Q1 2026 per MRNA's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Accumulated Expenses peaked at $2.2 billion in Q3 2023 and troughed at $987.0 million in Q2 2025.
- A 5-year average of $1.6 billion and a median of $1.5 billion in 2023 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2022 and 2024: Accumulated Expenses jumped 113.55% in 2022, then tumbled 38.13% in 2024.
- A 5-year view of Accumulated Expenses shows it stood at $2.1 billion in 2022, then fell by 14.42% to $1.8 billion in 2023, then fell by 20.63% to $1.4 billion in 2024, then dropped by 2.87% to $1.4 billion in 2025, then soared by 37.95% to $1.9 billion in 2026.
- Business Quant data shows MRNA's Accumulated Expenses at $1.9 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - |
| 10 | Moderna | 25.27 Bn | 20.06 Bn | -566.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.91 Bn |
| Dec 31, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 987.00 Mn |
| Mar 31, 2025 | 1.00 Bn |
| Dec 31, 2024 | 1.43 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 1.40 Bn |
| Dec 31, 2023 | 1.80 Bn |
| Sep 30, 2023 | 2.22 Bn |
| Jun 30, 2023 | 1.49 Bn |
| Mar 31, 2023 | 1.61 Bn |
| Dec 31, 2022 | 2.10 Bn |
| Sep 30, 2022 | 1.86 Bn |
| Jun 30, 2022 | 1.78 Bn |
| Mar 31, 2022 | 1.61 Bn |
| Dec 31, 2021 | 1.47 Bn |
| Sep 30, 2021 | 1.08 Bn |
| Jun 30, 2021 | 848.00 Mn |