Moderna (MRNA) Market Capitalization (2018 - 2026)
Moderna's (MRNA) quarterly Market Capitalization came in at $27.9 billion in Q2 2026, up 160.35% year-over-year from $10.7 billion in Q2 2025, and up 38.55% quarter-over-quarter from $20.2 billion in Q1 2026.
Moderna (MRNA) Market Capitalization (2018 - 2026) Analysis & Trends
Moderna (MRNA) has reported Market Capitalization for 9 consecutive years, with $27.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Market Capitalization rose 160.35% year-over-year to $27.9 billion in Q2 2026; TTM through Jun 2026 was $27.9 billion, a 160.35% increase from a year earlier, with the FY2025 full-year figure at $11.6 billion, down 27.61% from the prior year.
- Market Capitalization was $27.9 billion for Q2 2026 at Moderna, up from $20.2 billion in the prior quarter.
- Over five years, Market Capitalization peaked at $69.2 billion in Q4 2022 and troughed at $10.1 billion in Q3 2025.
- A 5-year average of $35.7 billion and a median of $38.7 billion in 2023 frame the typical range for Market Capitalization.
- Across the five-year window, Market Capitalization plunged 76.46% in 2025 and jumped 160.35% in 2026, its largest moves.
- Over 5 years, Market Capitalization stood at $69.2 billion in 2022, then tumbled by 45.06% to $38.0 billion in 2023, then plunged by 57.75% to $16.0 billion in 2024, then fell by 27.61% to $11.6 billion in 2025, then surged by 140.48% to $27.9 billion in 2026.
- The last three Market Capitalization figures came in at $27.9 billion (Q2 2026), $20.2 billion (Q1 2026), and $11.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn |
| 10 | Moderna | 72.66 Bn | 67.52 Bn | 52.00 Mn |
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 |
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_KEY
import 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();