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

Moderna (MRNA) reported Change in Inventory of -$6.0 million for Q1 2026, down 175.0% year-over-year from $8.0 million in Q1 2025, and up 96.65% quarter-over-quarter from -$179.0 million in Q4 2025.

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

Moderna (MRNA) has 7 years of Change in Inventory data on file, last reported at -$6.0 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$6.0 million, down 175.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.0 million (up 111.9% YoY), and the FY2025 annual result was $34.0 million, up 140.96% from the prior year.
  • Change in Inventory advanced to -$6.0 million in Q1 2026 per MRNA's latest filing, from -$179.0 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 -$76.1 million and a median of -$6.0 million in 2026 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory sank 336.97% in 2022, then soared 727.27% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$1.1 billion in 2022, then jumped by 74.73% to -$285.0 million in 2023, then declined by 2.11% to -$291.0 million in 2024, then jumped by 38.49% to -$179.0 million in 2025, then soared by 96.65% to -$6.0 million in 2026.
  • Business Quant data shows MRNA's Change in Inventory at -$6.0 million in Q1 2026, -$179.0 million in Q4 2025, and $91.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 51,468.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 97.70 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Moderna 25.27 Bn 20.06 Bn -566.00 Mn -6.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.00 Mn
Mar 31, 2026 -6.00 Mn
Dec 31, 2025 -179.00 Mn
Dec 31, 2025 -179.00 Mn
Sep 30, 2025 91.00 Mn
Sep 30, 2025 91.00 Mn
Jun 30, 2025 114.00 Mn
Jun 30, 2025 114.00 Mn
Mar 31, 2025 8.00 Mn
Mar 31, 2025 8.00 Mn
Dec 31, 2024 -291.00 Mn
Dec 31, 2024 -291.00 Mn
Sep 30, 2024 11.00 Mn
Sep 30, 2024 11.00 Mn
Jun 30, 2024 104.00 Mn
Jun 30, 2024 104.00 Mn
Mar 31, 2024 93.00 Mn
Mar 31, 2024 93.00 Mn
Dec 31, 2023 -285.00 Mn
Dec 31, 2023 -285.00 Mn