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
DateValue
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