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| Date | Value |
|---|---|
| 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 |