Moderna (MRNA) Invested Capital (2016 - 2026)

Moderna (MRNA) reported Invested Capital of $7.5 billion for Q1 2026, down 26.43% year-over-year from $10.1 billion in Q1 2025, and down 19.35% quarter-over-quarter from $9.2 billion in Q4 2025.

Moderna (MRNA) Invested Capital (2016 - 2026) Analysis & Trends

Moderna (MRNA) has 11 years of Invested Capital data on file, last reported at $7.5 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $7.5 billion, down 26.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.5 billion (down 26.43% YoY), and the FY2025 annual result was $9.2 billion, down 15.72% from the prior year.
  • Invested Capital fell to $7.5 billion in Q1 2026 per MRNA's latest filing, from $9.2 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $20.2 billion in Q4 2022 and troughed at $7.5 billion in Q1 2026.
  • A 5-year average of $14.0 billion and a median of $13.4 billion in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital soared 344.69% in 2022, then plunged 32.52% in 2024.
  • A 5-year view of Invested Capital shows it stood at $20.2 billion in 2022, then retreated by 28.56% to $14.4 billion in 2023, then declined by 24.02% to $11.0 billion in 2024, then slipped by 15.72% to $9.2 billion in 2025, then fell by 19.35% to $7.5 billion in 2026.
  • Business Quant data shows MRNA's Invested Capital at $7.5 billion in Q1 2026, $9.2 billion in Q4 2025, and $9.4 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 7.14 Bn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 795.79 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 595,226.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 1.00 Bn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 14.38 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 19.36 Bn
9 Abivax 91.96 Bn 91.96 Bn - 502.95 Mn
10 Moderna 25.27 Bn 20.06 Bn -566.00 Mn 7.45 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.45 Bn
Dec 31, 2025 9.24 Bn
Sep 30, 2025 9.39 Bn
Jun 30, 2025 9.46 Bn
Mar 31, 2025 10.13 Bn
Dec 31, 2024 10.96 Bn
Sep 30, 2024 12.58 Bn
Jun 30, 2024 12.29 Bn
Mar 31, 2024 13.39 Bn
Dec 31, 2023 14.43 Bn
Sep 30, 2023 14.18 Bn
Jun 30, 2023 17.98 Bn
Mar 31, 2023 19.85 Bn
Dec 31, 2022 20.20 Bn
Sep 30, 2022 19.14 Bn
Jun 30, 2022 18.75 Bn
Mar 31, 2022 17.88 Bn
Dec 31, 2021 14.91 Bn
Sep 30, 2021 10.58 Bn
Jun 30, 2021 7.19 Bn