Moderna MRNA
NASDAQ MRNA
$145.53 -3.34 (-2.24%)
As of: Sep 4, 2026 · 3:59 PM EDT

Moderna (MRNA) Change in Inventory (2020 - 2026)

Moderna (MRNA) posted quarterly Change in Inventory of $132.0 million for Q2 2026, up 15.79% year-over-year from $114.0 million in Q2 2025, and up 2300.0% on a QoQ basis from -$6.0 million in Q1 2026.

Analysis

Moderna (MRNA) Change in Inventory (2020 - 2026) Analysis & Trends

Moderna has reported Change in Inventory for 7 years, with the latest figure at $132.0 million in Q2 2026.

  • Change in Inventory for Q2 2026 came in at $132.0 million, up 15.79% year-over-year; the trailing twelve-month figure through Jun 2026 was $38.0 million (up 124.05% YoY), and the FY2025 annual result was $34.0 million, up 140.96% from the prior year.
  • Change in Inventory rose to $132.0 million in Q2 2026, from -$6.0 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $501.0 million in Q1 2022 and troughed at -$1.1 billion in Q4 2022.
  • A 5-year average of -$64.6 million and a median of $1.0 million in 2025 frame the typical range for Change in Inventory.
  • The widest annual swing landed in 2022, when Change in Inventory sank 336.97%; it then jumped 727.27% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$1.1 billion in 2022, then surged by 74.73% to -$285.0 million in 2023, then fell by 2.11% to -$291.0 million in 2024, then surged by 38.49% to -$179.0 million in 2025, then surged by 173.74% to $132.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $132.0 million in Q2 2026, -$6.0 million in Q1 2026, and -$179.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 27.70 Mn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 28.20 Mn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 132.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 47.15 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn -280,000.00
8 Royalty Pharma 28.45 Bn 27.61 Bn - -
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 12.97 Mn
10 Incyte 25.44 Bn 20.91 Bn 1.57 Bn 11.88 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 132.00 Mn
Mar 31, 2026 -6.00 Mn
Dec 31, 2025 -179.00 Mn
Sep 30, 2025 91.00 Mn
Jun 30, 2025 114.00 Mn
Mar 31, 2025 8.00 Mn
Dec 31, 2024 -291.00 Mn
Sep 30, 2024 11.00 Mn
Jun 30, 2024 104.00 Mn
Mar 31, 2024 93.00 Mn
Dec 31, 2023 -285.00 Mn
Sep 30, 2023 -228.00 Mn
Jun 30, 2023 -18.00 Mn
Mar 31, 2023 -216.00 Mn
Dec 31, 2022 -1.13 Bn
Sep 30, 2022 156.00 Mn
Jun 30, 2022 -21.00 Mn
Mar 31, 2022 501.00 Mn
Dec 31, 2021 476.00 Mn
Sep 30, 2021 322.00 Mn