Moderna (MRNA) Market Capitalization (2018 - 2026)
Moderna (MRNA) reported Market Capitalization of $27.94 billion for Q2 2026, up 160.3% from $10.73 billion a year earlier and up 38.5% from the prior quarter.
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Analysis
Moderna (MRNA) Market Capitalization (2018 - 2026) Analysis & Trends
For FY2025, Moderna posted Market Capitalization of $11.62 billion, down 27.6% from FY2024.
- Market Capitalization has declined for four consecutive years, with a five-year compound annual growth rate of -22.5% (FY2020 to FY2025).
- By year, Market Capitalization came in at $16.05 billion in FY2024 (-57.8%), $37.99 billion in FY2023 (-45.1%), $69.15 billion in FY2022 (-32.4%) and $102.35 billion in FY2021 (+145.6%).
- The Q2 2026 figure ranks as the highest quarterly Market Capitalization since Q2 2024.
- Year over year, Market Capitalization gained in two of the last eight quarters, with an average decline of 10.8%.
- The high point for year-over-year Market Capitalization in five years was Q3 2021 (growth of 457.2%); the low point was Q2 2025 (a decline of 76.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.17 billion (Q1 2026), $11.62 billion (Q4 2025) and $10.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn |
| 10 | Moderna | 85.93 Bn | 65.29 Bn | 52.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.94 Bn |
| Mar 31, 2026 | 20.17 Bn |
| Dec 31, 2025 | 11.62 Bn |
| Sep 30, 2025 | 10.10 Bn |
| Jun 30, 2025 | 10.73 Bn |
| Mar 31, 2025 | 10.97 Bn |
| Dec 31, 2024 | 16.05 Bn |
| Sep 30, 2024 | 25.73 Bn |
| Jun 30, 2024 | 45.60 Bn |
| Mar 31, 2024 | 40.81 Bn |
| Dec 31, 2023 | 37.99 Bn |
| Sep 30, 2023 | 39.35 Bn |
| Jun 30, 2023 | 46.29 Bn |
| Mar 31, 2023 | 58.97 Bn |
| Dec 31, 2022 | 69.15 Bn |
| Sep 30, 2022 | 45.76 Bn |
| Jun 30, 2022 | 56.00 Bn |
| Mar 31, 2022 | 68.90 Bn |
| Dec 31, 2021 | 102.35 Bn |
| Sep 30, 2021 | 155.87 Bn |
API Access
Moderna Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "MRNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();