Moderna (MRNA) Operating Leases (2018 - 2026)

Moderna's (MRNA) quarterly Operating Leases came in at $645.0 million in Q1 2026, down 3.3% year-on-year from $667.0 million in Q1 2025, and down 1.23% on a QoQ basis from $653.0 million in Q4 2025.

Moderna (MRNA) Operating Leases (2018 - 2026) Analysis & Trends

Moderna (MRNA) has 9 years of Operating Leases data on file, last reported at $645.0 million in Q1 2026.

  • On a quarterly basis, Operating Leases fell 3.3% year-over-year to $645.0 million in Q1 2026; TTM through Mar 2026 was $645.0 million, a 3.3% decrease from a year earlier, with the FY2025 full-year figure at $653.0 million, down 2.68% from the prior year.
  • Operating Leases for Q1 2026 stood at $645.0 million, down from $653.0 million in the prior quarter.
  • Over the last five years, Operating Leases for MRNA reached as high as $697.0 million in Q3 2023 and fell as low as $92.0 million in Q4 2022.
  • Historically, Operating Leases has averaged $473.1 million across 5 years, with a median of $653.0 million in 2025.
  • Across the five-year window, Operating Leases declined 13.21% in 2022 and surged 598.91% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $92.0 million in 2022, then surged by 598.91% to $643.0 million in 2023, then climbed by 4.35% to $671.0 million in 2024, then fell by 2.68% to $653.0 million in 2025, then dropped by 1.23% to $645.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $645.0 million in Q1 2026, $653.0 million in Q4 2025, and $677.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn -
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn -
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn
7 Belite Bio 61.40 Bn 61.40 Bn -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn
9 Revolution Medicines 37.37 Bn 37.37 Bn -
10 Moderna 21.46 Bn 16.25 Bn -566.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 645.00 Mn
Dec 31, 2025 653.00 Mn
Sep 30, 2025 677.00 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 693.00 Mn
Mar 31, 2024 662.00 Mn
Dec 31, 2023 643.00 Mn
Sep 30, 2023 697.00 Mn
Jun 30, 2023 138.00 Mn
Mar 31, 2023 124.00 Mn
Dec 31, 2022 92.00 Mn
Sep 30, 2022 115.00 Mn
Jun 30, 2022 125.00 Mn
Mar 31, 2022 95.00 Mn
Dec 31, 2021 106.00 Mn
Sep 30, 2021 127.00 Mn
Jun 30, 2021 105.00 Mn