Moderna (MRNA) Inventory Average (2021 - 2026)
Moderna's (MRNA) quarterly Inventory Average came in at $213.0 million in Q2 2026, up 15.76% year-over-year from $184.0 million in Q2 2025, and up 42.47% quarter-over-quarter from $149.5 million in Q1 2026.
Analysis
Moderna (MRNA) Inventory Average (2021 - 2026) Analysis & Trends
Moderna (MRNA) has reported Inventory Average for 6 consecutive years, with $213.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average rose 15.76% year-over-year to $213.0 million in Q2 2026; TTM through Jun 2026 was $213.0 million, a 15.76% increase from a year earlier, with the FY2025 full-year figure at $135.0 million, down 15.36% from the prior year.
- Inventory Average was $213.0 million for Q2 2026 at Moderna, up from $149.5 million in the prior quarter.
- Over five years, Inventory Average peaked at $2.0 billion in Q3 2022 and troughed at $122.5 million in Q1 2025.
- A 5-year average of $672.6 million and a median of $345.8 million in 2023 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average surged 525.32% in 2022 and plunged 77.23% in 2023, its largest moves.
- Over 5 years, Inventory Average stood at $1.5 billion in 2022, then sank by 77.23% to $344.5 million in 2023, then declined by 23.22% to $264.5 million in 2024, then fell by 8.32% to $242.5 million in 2025, then declined by 12.16% to $213.0 million in 2026.
- The last three Inventory Average figures came in at $213.0 million (Q2 2026), $149.5 million (Q1 2026), and $242.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 6.20 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 1.93 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 1.77 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 3.09 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 213.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 90.57 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 2.17 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | - |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | 137.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 213.00 Mn |
| 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 |