Moderna (MRNA) Invested Capital (2019 - 2026)
Moderna's (MRNA) quarterly Invested Capital came in at $44.0 million in Q1 2026, down 30.16% year-on-year from $63.0 million in Q1 2025, and down 2.22% on a QoQ basis from $45.0 million in Q4 2025.
Moderna (MRNA) Invested Capital (2019 - 2026) Analysis & Trends
Moderna (MRNA) has 8 years of Invested Capital data on file, last reported at $44.0 million in Q1 2026.
- On a quarterly basis, Invested Capital fell 30.16% year-over-year to $44.0 million in Q1 2026; TTM through Mar 2026 was $205.0 million, a 84.88% decrease from a year earlier, with the FY2025 full-year figure at $45.0 million, down 27.42% from the prior year.
- Invested Capital for Q1 2026 stood at $44.0 million, down from $45.0 million in the prior quarter.
- Over the last five years, Invested Capital for MRNA reached as high as $1.1 billion in Q3 2022 and fell as low as $44.0 million in Q1 2026.
- Historically, Invested Capital has averaged $543.4 million across 5 years, with a median of $576.0 million in 2024.
- Across the five-year window, Invested Capital soared 340.44% in 2022 and slumped 91.3% in 2025, its largest moves.
- Year by year, Invested Capital stood at $1.1 billion in 2022, then sank by 46.41% to $575.0 million in 2023, then plunged by 89.22% to $62.0 million in 2024, then declined by 27.42% to $45.0 million in 2025, then retreated by 2.22% to $44.0 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $44.0 million in Q1 2026, $45.0 million in Q4 2025, and $57.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 110.96 Mn |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 116.14 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | - |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Moderna | 22.52 Bn | 17.32 Bn | -566.00 Mn | 44.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 487.00 Mn |