Moderna MRNA
NASDAQ MRNA
$145.13 +11.81 (+8.86%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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