Moderna (MRNA) Short-term Investments (2017 - 2026)
Moderna's Short-term Investments came in at $3.42 billion for Q2 2026, down 11.3% from $3.85 billion a year earlier but up 3.6% from the prior quarter.
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Analysis
Moderna (MRNA) Short-term Investments (2017 - 2026) Analysis & Trends
At the end of FY2025, Moderna's Short-term Investments was $3.2 billion, down 37.2% from FY2024.
- Short-term Investments has declined in each of the last three years, though with a five-year compound annual growth rate of 10.1% (FY2020 to FY2025).
- Going back by year, Short-term Investments was $5.1 billion in FY2024 (-10.5%), $5.7 billion in FY2023 (-14.9%), $6.7 billion in FY2022 (+72.6%) and $3.88 billion in FY2021 (+95.5%).
- The five-year range for quarterly Short-term Investments is $3.2 billion (Q4 2025) to $6.7 billion (Q4 2022).
- Year-over-year, Short-term Investments has declined for seven consecutive quarters, with an average decline of 21.9% over the last eight quarters.
- The fastest year-over-year change in Short-term Investments over five years came in Q1 2022 (growth of 121.0%), and the weakest in Q4 2025 (a decline of 37.2%).
- Business Quant data shows MRNA's Short-term Investments at $3.3 billion (Q1 2026), $3.2 billion (Q4 2025) and $3.37 billion (Q3 2025) in the three quarters before Q2 2026.
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 | 3.42 Bn |
| Mar 31, 2026 | 3.30 Bn |
| Dec 31, 2025 | 3.20 Bn |
| Sep 30, 2025 | 3.37 Bn |
| Jun 30, 2025 | 3.85 Bn |
| Mar 31, 2025 | 4.35 Bn |
| Dec 31, 2024 | 5.10 Bn |
| Sep 30, 2024 | 5.22 Bn |
| Jun 30, 2024 | 6.01 Bn |
| Mar 31, 2024 | 6.47 Bn |
| Dec 31, 2023 | 5.70 Bn |
| Sep 30, 2023 | 4.64 Bn |
| Jun 30, 2023 | 4.66 Bn |
| Mar 31, 2023 | 5.48 Bn |
| Dec 31, 2022 | 6.70 Bn |
| Sep 30, 2022 | 5.32 Bn |
| Jun 30, 2022 | 5.02 Bn |
| Mar 31, 2022 | 5.07 Bn |
| Dec 31, 2021 | 3.88 Bn |
| Sep 30, 2021 | 3.36 Bn |
API Access
Moderna Short-term Investments 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=short-term-investments&ticker=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();