Moderna (MRNA) Inventory (2020 - 2026)

Moderna (MRNA) posted quarterly Inventory of $280.0 million for Q2 2026, up 16.67% year-over-year from $240.0 million in Q2 2025, and up 91.78% on a QoQ basis from $146.0 million in Q1 2026.

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

Moderna has reported Inventory for 7 years, with the latest figure at $280.0 million in Q2 2026.

  • Inventory for Q2 2026 came in at $280.0 million, up 16.67% year-over-year; the trailing twelve-month figure through Jun 2026 was $280.0 million (up 16.67% YoY), and the FY2025 annual result was $153.0 million, up 30.77% from the prior year.
  • Inventory improved to $280.0 million in Q2 2026, from $146.0 million in the prior quarter.
  • Over five years, Inventory peaked at $2.1 billion in Q3 2022 and troughed at $117.0 million in Q4 2024.
  • A 5-year average of $640.4 million and a median of $365.5 million in 2024 frame the typical range for Inventory.
  • The widest annual swing landed in 2022, when Inventory surged 293.12%; it then plunged 78.71% in 2023.
  • A 5-year view of Inventory shows it stood at $949.0 million in 2022, then tumbled by 78.71% to $202.0 million in 2023, then plunged by 42.08% to $117.0 million in 2024, then soared by 30.77% to $153.0 million in 2025, then surged by 83.01% to $280.0 million in 2026.
  • Per Business Quant data, the three most recent Inventory figures were $280.0 million in Q2 2026, $146.0 million in Q1 2026, and $153.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.77 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 3.08 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 371.00 Mn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 732.60 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 358,916.96
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 97.11 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 142.38 Mn
10 Moderna 25.26 Bn 20.13 Bn 52.00 Mn 280.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 280.00 Mn
Mar 31, 2026 146.00 Mn
Dec 31, 2025 153.00 Mn
Sep 30, 2025 332.00 Mn
Jun 30, 2025 240.00 Mn
Mar 31, 2025 128.00 Mn
Dec 31, 2024 117.00 Mn
Sep 30, 2024 412.00 Mn
Jun 30, 2024 399.00 Mn
Mar 31, 2024 295.00 Mn
Dec 31, 2023 202.00 Mn
Sep 30, 2023 487.00 Mn
Jun 30, 2023 715.00 Mn
Mar 31, 2023 732.00 Mn
Dec 31, 2022 949.00 Mn
Sep 30, 2022 2.08 Bn
Jun 30, 2022 1.92 Bn
Mar 31, 2022 1.94 Bn
Dec 31, 2021 1.44 Bn
Sep 30, 2021 965.00 Mn