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| Date | Value |
|---|---|
| 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 |