Moderna (MRNA) Capital Expenditures (2018 - 2026)

Moderna's (MRNA) quarterly Capital Expenditures came in at $35.0 million in Q1 2026, down 70.09% year-on-year from $117.0 million in Q1 2025, and down 10.26% on a QoQ basis from $39.0 million in Q4 2025.

Moderna (MRNA) Capital Expenditures (2018 - 2026) Analysis & Trends

Moderna (MRNA) has 9 years of Capital Expenditures data on file, last reported at $35.0 million in Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 70.09% year-over-year to $35.0 million in Q1 2026; TTM through Mar 2026 was $110.0 million, a 511.11% increase from a year earlier, with the FY2025 full-year figure at $192.0 million, up 97.94% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $35.0 million, down from $39.0 million in the prior quarter.
  • Over the last five years, Capital Expenditures for MRNA reached as high as $559.0 million in Q4 2023 and fell as low as -$300.0 million in Q3 2024.
  • Historically, Capital Expenditures has averaged $84.2 million across 5 years, with a median of $89.0 million in 2022.
  • Across the five-year window, Capital Expenditures jumped 8800.0% in 2022 and plunged 797.67% in 2024, its largest moves.
  • Year by year, Capital Expenditures stood at $92.0 million in 2022, then jumped by 507.61% to $559.0 million in 2023, then plunged by 96.6% to $19.0 million in 2024, then soared by 105.26% to $39.0 million in 2025, then declined by 10.26% to $35.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $35.0 million in Q1 2026, $39.0 million in Q4 2025, and $106.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -8,939.03
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 43.25 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 133.40 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 230.60 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - 786,000.00
10 Moderna 22.52 Bn 17.32 Bn -566.00 Mn 35.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.00 Mn
Mar 31, 2026 35.00 Mn
Dec 31, 2025 39.00 Mn
Dec 31, 2025 39.00 Mn
Sep 30, 2025 106.00 Mn
Sep 30, 2025 106.00 Mn
Jun 30, 2025 -70.00 Mn
Jun 30, 2025 -70.00 Mn
Mar 31, 2025 117.00 Mn
Mar 31, 2025 117.00 Mn
Dec 31, 2024 19.00 Mn
Dec 31, 2024 19.00 Mn
Sep 30, 2024 -300.00 Mn
Sep 30, 2024 -300.00 Mn
Jun 30, 2024 182.00 Mn
Jun 30, 2024 182.00 Mn
Mar 31, 2024 196.00 Mn
Mar 31, 2024 196.00 Mn
Dec 31, 2023 559.00 Mn
Dec 31, 2023 559.00 Mn