Moderna (MRNA) Operating Leases (2018 - 2026)
Moderna (MRNA) reported Operating Leases of $638 million for Q2 2026, down 4.2% from $666 million a year earlier and down 1.1% from the prior quarter.
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Analysis
Moderna (MRNA) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Moderna posted Operating Leases of $653 million, down 2.7% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 46.4% (FY2020 to FY2025).
- By year, Operating Leases came in at $671 million in FY2024 (+4.4%), $643 million in FY2023 (+598.9%), $92 million in FY2022 (-13.2%) and $106 million in FY2021 (+9.3%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q1 2024.
- Year over year, Operating Leases has now declined in each of the last five quarters, with an average decline of 0.9% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2023 (growth of 782.3%); the low point was Q3 2022 (a decline of 24.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $645 million (Q1 2026), $653 million (Q4 2025) and $660 million (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 | 638.00 Mn |
| Mar 31, 2026 | 645.00 Mn |
| Dec 31, 2025 | 653.00 Mn |
| Sep 30, 2025 | 660.00 Mn |
| Jun 30, 2025 | 666.00 Mn |
| Mar 31, 2025 | 667.00 Mn |
| Dec 31, 2024 | 671.00 Mn |
| Sep 30, 2024 | 679.00 Mn |
| Jun 30, 2024 | 668.00 Mn |
| Mar 31, 2024 | 637.00 Mn |
| Dec 31, 2023 | 643.00 Mn |
| Sep 30, 2023 | 697.00 Mn |
| Jun 30, 2023 | 104.00 Mn |
| Mar 31, 2023 | 96.00 Mn |
| Dec 31, 2022 | 92.00 Mn |
| Sep 30, 2022 | 79.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | 95.00 Mn |
| Dec 31, 2021 | 106.00 Mn |
| Sep 30, 2021 | 105.00 Mn |
API Access
Moderna Operating Leases 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=operating-leases&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();