Moderna (MRNA) Inventory Average (2021 - 2026)

Moderna's (MRNA) quarterly Inventory Average came in at $149.5 million in Q1 2026, up 22.04% year-on-year from $122.5 million in Q1 2025, and down 38.35% on a QoQ basis from $242.5 million in Q4 2025.

Moderna (MRNA) Inventory Average (2021 - 2026) Analysis & Trends

Moderna (MRNA) has 6 years of Inventory Average data on file, last reported at $149.5 million in Q1 2026.

  • On a quarterly basis, Inventory Average rose 22.04% year-over-year to $149.5 million in Q1 2026; TTM through Mar 2026 was $149.5 million, a 22.04% increase from a year earlier, with the FY2025 full-year figure at $135.0 million, down 15.36% from the prior year.
  • Inventory Average for Q1 2026 stood at $149.5 million, down from $242.5 million in the prior quarter.
  • Over the last five years, Inventory Average for MRNA reached as high as $2.0 billion in Q3 2022 and fell as low as $122.5 million in Q1 2025.
  • Historically, Inventory Average has averaged $699.7 million across 5 years, with a median of $347.0 million in 2024.
  • Across the five-year window, Inventory Average jumped 525.32% in 2022 and sank 77.23% in 2023, its largest moves.
  • Year by year, Inventory Average stood at $1.5 billion in 2022, then sank by 77.23% to $344.5 million in 2023, then slipped by 23.22% to $264.5 million in 2024, then dropped by 8.32% to $242.5 million in 2025, then slumped by 38.35% to $149.5 million in 2026.
  • Per Business Quant data, the three most recent Inventory Average figures were $149.5 million in Q1 2026, $242.5 million in Q4 2025, and $286.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 644.91 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.73 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 3.15 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Moderna 22.52 Bn 17.32 Bn -566.00 Mn 149.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 149.50 Mn
Dec 31, 2025 242.50 Mn
Sep 30, 2025 286.00 Mn
Jun 30, 2025 184.00 Mn
Mar 31, 2025 122.50 Mn
Dec 31, 2024 264.50 Mn
Sep 30, 2024 405.50 Mn
Jun 30, 2024 347.00 Mn
Mar 31, 2024 248.50 Mn
Dec 31, 2023 344.50 Mn
Sep 30, 2023 601.00 Mn
Jun 30, 2023 723.50 Mn
Mar 31, 2023 840.50 Mn
Dec 31, 2022 1.51 Bn
Sep 30, 2022 2.00 Bn
Jun 30, 2022 1.93 Bn
Mar 31, 2022 1.69 Bn
Dec 31, 2021 1.20 Bn
Sep 30, 2021 804.00 Mn
Jun 30, 2021 568.50 Mn