Moderna (MRNA) Shares Outstanding (2017 - 2026)
Moderna's Shares Outstanding came in at 398 million for Q2 2026, up 2.6% from 388 million a year earlier and up 0.8% from the prior quarter.
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Analysis
Moderna (MRNA) Shares Outstanding (2017 - 2026) Analysis & Trends
For FY2025, Moderna's Shares Outstanding was 389 million, up 1.3% from FY2024.
- Shares Outstanding carries a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 384 million in FY2024 (+0.5%), 382 million in FY2023 (-3.0%), 394 million in FY2022 (-2.2%) and 403 million in FY2021 (+5.7%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding since Q1 2022.
- Year-over-year, Shares Outstanding has increased for nine consecutive quarters, with growth averaging 1.4% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in Q4 2021 (growth of 5.7%), and the weakest in Q1 2023 (a decline of 4.0%).
- Business Quant data shows MRNA's Shares Outstanding at 395 million (Q1 2026), 389 million (Q4 2025) and 390 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 892.40 Mn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 2.41 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 1.77 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 2.47 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 1.94 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 1.55 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 540.00 Mn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 1.24 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 5.70 Bn |
| 10 | Moderna | 85.93 Bn | 65.29 Bn | 52.00 Mn | 398.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 398.00 Mn |
| Mar 31, 2026 | 395.00 Mn |
| Dec 31, 2025 | 389.00 Mn |
| Sep 30, 2025 | 390.00 Mn |
| Jun 30, 2025 | 388.00 Mn |
| Mar 31, 2025 | 386.00 Mn |
| Dec 31, 2024 | 384.00 Mn |
| Sep 30, 2024 | 385.00 Mn |
| Jun 30, 2024 | 384.00 Mn |
| Mar 31, 2024 | 382.00 Mn |
| Dec 31, 2023 | 382.00 Mn |
| Sep 30, 2023 | 381.00 Mn |
| Jun 30, 2023 | 381.00 Mn |
| Mar 31, 2023 | 386.00 Mn |
| Dec 31, 2022 | 394.00 Mn |
| Sep 30, 2022 | 390.00 Mn |
| Jun 30, 2022 | 396.00 Mn |
| Mar 31, 2022 | 402.00 Mn |
| Dec 31, 2021 | 403.00 Mn |
| Sep 30, 2021 | 404.00 Mn |
API Access
Moderna Shares Outstanding 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=shares-outstanding&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();