Moderna MRNA
NASDAQ MRNA
$145.13 +11.81 (+8.86%)
At close: Aug 21, 2026 · 4:00 PM EDT

Moderna (MRNA) Accumulated Expenses (2017 - 2026)

Moderna (MRNA) posted quarterly Accumulated Expenses of $1.9 billion for Q2 2026, up 93.41% year-over-year from $987.0 million in Q2 2025, and little changed on a QoQ basis from $1.9 billion in Q1 2026.

Moderna (MRNA) Accumulated Expenses (2017 - 2026) Analysis & Trends

Moderna has reported Accumulated Expenses for 10 years, with the latest figure at $1.9 billion in Q2 2026.

  • Accumulated Expenses for Q2 2026 came in at $1.9 billion, up 93.41% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.9 billion (up 93.41% YoY), and the FY2025 annual result was $1.4 billion, down 2.87% from the prior year.
  • Accumulated Expenses held at $1.9 billion in Q2 2026, from $1.9 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 2022 frame the typical range for Accumulated Expenses.
  • The widest annual swing landed in 2022, when Accumulated Expenses surged 113.55%; it then tumbled 38.13% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $2.1 billion in 2022, then retreated by 14.42% to $1.8 billion in 2023, then retreated by 20.63% to $1.4 billion in 2024, then declined by 2.87% to $1.4 billion in 2025, then surged by 37.73% to $1.9 billion in 2026.
  • Per Business Quant data, the three most recent Accumulated Expenses figures were $1.9 billion in Q2 2026, $1.9 billion in Q1 2026, and $1.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn -
10 Roivant Sciences 26.20 Bn 26.20 Bn 1.16 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.91 Bn
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