Moderna (MRNA) Inventory (2020 - 2026)
Moderna's Inventory came in at $280 million for Q2 2026, up 16.7% from $240 million a year earlier and up 91.8% from the prior quarter.
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Analysis
Moderna (MRNA) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025, Moderna's Inventory was $153 million, up 30.8% from FY2024.
- Inventory carries a five-year compound annual growth rate of 26.6% (FY2020 to FY2025).
- Going back by year, Inventory was $117 million in FY2024 (-42.1%), $202 million in FY2023 (-78.7%), $949 million in FY2022 (-34.1%) and $1.44 billion in FY2021.
- The five-year range for quarterly Inventory is $117 million (Q4 2024) to $2.08 billion (Q3 2022).
- Year-over-year, Inventory has increased for three consecutive quarters, with an average decline of 14.0% over the last eight quarters.
- The fastest year-over-year change in Inventory over five years came in Q1 2022 (growth of 293.1%), and the weakest in Q4 2023 (a decline of 78.7%).
- Business Quant data shows MRNA's Inventory at $146 million (Q1 2026), $153 million (Q4 2025) and $332 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 16.79 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 15.14 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 5.13 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 6.21 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 6.22 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 6.93 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 6.22 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 1.95 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 9.95 Bn |
| 10 | Moderna | 85.93 Bn | 65.29 Bn | 52.00 Mn | 280.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Moderna Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "MRNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();