Moderna (MRNA) Capital Expenditures (2018 - 2026)
Moderna's (MRNA) quarterly Capital Expenditures came in at $37.0 million in Q2 2026, up 1133.33% year-over-year from $3.0 million in Q2 2025, and down 40.32% quarter-over-quarter from $62.0 million in Q1 2026.
Analysis
Moderna (MRNA) Capital Expenditures (2018 - 2026) Analysis & Trends
Moderna (MRNA) has reported Capital Expenditures for 9 consecutive years, with $37.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 1133.33% year-over-year to $37.0 million in Q2 2026; TTM through Jun 2026 was $171.0 million, a 78.44% decrease from a year earlier, with the FY2025 full-year figure at $192.0 million, down 81.73% from the prior year.
- Capital Expenditures was $37.0 million for Q2 2026 at Moderna, down from $62.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $522.0 million in Q4 2024 and troughed at $3.0 million in Q2 2025.
- A 5-year average of $136.1 million and a median of $115.0 million in 2023 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures slumped 98.35% in 2025 and surged 1133.33% in 2026, its largest moves.
- Over 5 years, Capital Expenditures stood at $92.0 million in 2022, then soared by 139.13% to $220.0 million in 2023, then soared by 137.27% to $522.0 million in 2024, then tumbled by 92.53% to $39.0 million in 2025, then decreased by 5.13% to $37.0 million in 2026.
- The last three Capital Expenditures figures came in at $37.0 million (Q2 2026), $62.0 million (Q1 2026), and $39.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 513.00 Mn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | 140.00 Mn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | 112.20 Mn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 240.20 Mn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | - |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | 37.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | 34.68 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | 40.90 Mn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | 6.26 Mn |
| 10 | BioNTech SE | 26.24 Bn | 12.58 Bn | 10.00 Mn | -63.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.00 Mn |
| Mar 31, 2026 | 62.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 117.00 Mn |
| Dec 31, 2024 | 522.00 Mn |
| Sep 30, 2024 | 151.00 Mn |
| Jun 30, 2024 | 182.00 Mn |
| Mar 31, 2024 | 196.00 Mn |
| Dec 31, 2023 | 220.00 Mn |
| Sep 30, 2023 | 140.00 Mn |
| Jun 30, 2023 | 234.00 Mn |
| Mar 31, 2023 | 113.00 Mn |
| Dec 31, 2022 | 92.00 Mn |
| Sep 30, 2022 | 89.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | 132.00 Mn |
| Dec 31, 2021 | 120.00 Mn |
| Sep 30, 2021 | 99.00 Mn |