Moderna (MRNA) Invested Capital (2019 - 2026)
Moderna (MRNA) posted quarterly Invested Capital of $37.0 million for Q2 2026, down 37.29% year-over-year from $59.0 million in Q2 2025, and down 15.91% on a QoQ basis from $44.0 million in Q1 2026.
Moderna (MRNA) Invested Capital (2019 - 2026) Analysis & Trends
Moderna has reported Invested Capital for 8 years, with the latest figure at $37.0 million in Q2 2026.
- Invested Capital for Q2 2026 came in at $37.0 million, down 37.29% year-over-year; the trailing twelve-month figure through Jun 2026 was $183.0 million (down 78.19% YoY), and the FY2025 annual result was $45.0 million, down 27.42% from the prior year.
- Invested Capital fell to $37.0 million in Q2 2026, from $44.0 million in the prior quarter.
- Over five years, Invested Capital peaked at $1.1 billion in Q3 2022 and troughed at $37.0 million in Q2 2026.
- A 5-year average of $515.2 million and a median of $575.5 million in 2023 frame the typical range for Invested Capital.
- The widest annual swing landed in 2022, when Invested Capital soared 340.44%; it then plunged 91.3% in 2025.
- A 5-year view of Invested Capital shows it stood at $1.1 billion in 2022, then tumbled by 46.41% to $575.0 million in 2023, then slumped by 89.22% to $62.0 million in 2024, then slipped by 27.42% to $45.0 million in 2025, then decreased by 17.78% to $37.0 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $37.0 million in Q2 2026, $44.0 million in Q1 2026, and $45.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | - |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 37.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 190.90 Mn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | - |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 1.45 Bn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | - |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 380.00 Mn |
| 10 | Roivant Sciences | 26.20 Bn | 26.20 Bn | 1.16 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.00 Mn |
| Mar 31, 2026 | 44.00 Mn |
| Dec 31, 2025 | 45.00 Mn |
| Sep 30, 2025 | 57.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | 62.00 Mn |
| Sep 30, 2024 | 655.00 Mn |
| Jun 30, 2024 | 576.00 Mn |
| Mar 31, 2024 | 575.00 Mn |
| Dec 31, 2023 | 575.00 Mn |
| Sep 30, 2023 | 725.00 Mn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 984.00 Mn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 762.00 Mn |
| Mar 31, 2022 | 806.00 Mn |
| Dec 31, 2021 | 764.00 Mn |
| Sep 30, 2021 | 456.00 Mn |