Moderna (MRNA) Accumulated Expenses (2017 - 2026)
Moderna's (MRNA) quarterly Accumulated Expenses came in at $1.9 billion in Q2 2026, up 93.41% year-over-year from $987.0 million in Q2 2025, and little changed quarter-over-quarter from $1.9 billion in Q1 2026.
Analysis
Moderna (MRNA) Accumulated Expenses (2017 - 2026) Analysis & Trends
Moderna (MRNA) has reported Accumulated Expenses for 10 consecutive years, with $1.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Accumulated Expenses rose 93.41% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 93.41% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 2.87% from the prior year.
- Accumulated Expenses was $1.9 billion for Q2 2026 at Moderna, roughly flat 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.
- Across the five-year window, Accumulated Expenses soared 113.55% in 2022 and plunged 38.13% in 2024, its largest moves.
- Over 5 years, Accumulated Expenses stood at $2.1 billion in 2022, then declined by 14.42% to $1.8 billion in 2023, then declined by 20.63% to $1.4 billion in 2024, then slipped by 2.87% to $1.4 billion in 2025, then soared by 37.73% to $1.9 billion in 2026.
- The last three Accumulated Expenses figures came in at $1.9 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amgen | 203.97 Bn | 189.99 Bn | 7.24 Bn |
| 2 | Gilead Sciences | 178.74 Bn | 175.56 Bn | 6.22 Bn |
| 3 | Vertex Pharmaceuticals | 130.73 Bn | 122.88 Bn | 2.84 Bn |
| 4 | Regeneron Pharmaceuticals | 80.42 Bn | 72.42 Bn | 3.93 Bn |
| 5 | Argenx Se | 60.40 Bn | 55.21 Bn | 1.37 Bn |
| 6 | Moderna | 57.65 Bn | 52.52 Bn | 52.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.37 Bn | 30.07 Bn | 992.69 Mn |
| 8 | Biogen | 32.15 Bn | 30.86 Bn | 1.96 Bn |
| 9 | Roivant Sciences | 29.58 Bn | 29.58 Bn | 1.16 Mn |
| 10 | Insmed | 28.06 Bn | 26.90 Bn | 358.27 Mn |
Historic Data
Download Data
Historic 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 |