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| Date | Value |
|---|---|
| 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 |