Moderna reported cash from operations of -$526.00M and free cash flow of -$563.00M for the quarter ended Jun 2026, up 42.8% year over year. This cash flow statement covers 35 quarters of results from Dec 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 3,333.00M | 4,868.00M | 3,657.00M | 2,197.00M | 1,043.00M | 1,465.00M | 79.00M | -1380.00M | -3630.00M | 217.00M | -1175.00M | -1279.00M | 13.00M | -1120.00M | -971.00M | -825.00M | -200.00M | -826.00M | -1343.00M | -782.00M | |||||||||||||||
| Share-based CompensationStock Comp. | 40.00M | 37.00M | 44.00M | 50.00M | 70.00M | 62.00M | 75.00M | 74.00M | 77.00M | 79.00M | 101.00M | 112.00M | 112.00M | 104.00M | 115.00M | 130.00M | 125.00M | 113.00M | 104.00M | 120.00M | |||||||||||||||
| Deferred Taxes | -17.00M | -229.00M | -146.00M | -230.00M | -97.00M | -105.00M | -310.00M | -220.00M | 1,464.00M | -33.00M | |||||||||||||||||||||||||
| Cash from OperationsCash from Ops. | 3,276.00M | 3,310.00M | 2,763.00M | 304.00M | 252.00M | 1,662.00M | -1225.00M | -915.00M | -1600.00M | 622.00M | -989.00M | -1274.00M | -1566.00M | 825.00M | -1037.00M | -919.00M | -847.00M | 930.00M | -630.00M | -526.00M | |||||||||||||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 70.00M | 78.00M | 79.00M | 76.00M | 113.00M | 80.00M | 78.00M | ||||||||||||||||||||||||||||
| Change in Working Capital | |||||||||||||||||||||||||||||||||||
| Change in ReceivablesChange Receivables | 1,122.00M | 33.00M | -1.00M | -483.00M | 4.00M | -1310.00M | -272.00M | -881.00M | 1,634.00M | -974.00M | -755.00M | 26.00M | 1,401.00M | -1206.00M | -280.00M | -30.00M | 1,013.00M | -859.00M | -114.00M | -53.00M | |||||||||||||||
| Change in InventoryChange Inventory | 322.00M | 476.00M | 501.00M | -21.00M | 156.00M | -1128.00M | -216.00M | -18.00M | -228.00M | -285.00M | 93.00M | 104.00M | 11.00M | -291.00M | 8.00M | 114.00M | 91.00M | -179.00M | -6.00M | 132.00M | |||||||||||||||
| Change in Account PayablesChange Payables | -18.00M | 178.00M | -35.00M | -21.00M | 145.00M | 151.00M | -117.00M | -70.00M | 179.00M | 21.00M | -303.00M | 104.00M | 96.00M | 34.00M | -156.00M | -47.00M | 89.00M | 22.00M | -120.00M | -8.00M | |||||||||||||||
| Change in Accured ExpensesChange Accured Exp. | 233.00M | 389.00M | 114.00M | 191.00M | 49.00M | -1094.00M | -495.00M | -138.00M | 696.00M | -403.00M | -398.00M | -66.00M | 49.00M | 30.00M | -381.00M | -14.00M | 199.00M | 190.00M | 464.00M | 11.00M | |||||||||||||||
| Change in TaxesChange Taxes | 188.00M | 311.00M | 716.00M | -1243.00M | -283.00M | -18.00M | 18.00M | -19.00M | 9.00M | 7.00M | -11.00M | -45.00M | -2.00M | ||||||||||||||||||||||
| Other Working Capital ChangesOther WC Changes | 998.00M | -1607.00M | -805.00M | -1565.00M | -321.00M | -1466.00M | -819.00M | -160.00M | -194.00M | -887.00M | -33.00M | 179.00M | -323.00M | -262.00M | -29.00M | 97.00M | 40.00M | -67.00M | 5.00M | 50.00M | |||||||||||||||
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital ExpendituresCapex | 99.00M | 120.00M | 132.00M | 87.00M | 89.00M | 92.00M | 113.00M | 234.00M | 140.00M | 220.00M | 196.00M | 182.00M | 151.00M | 522.00M | 117.00M | 3.00M | 33.00M | 39.00M | 62.00M | 37.00M | |||||||||||||||
| Acquisitions | 85.00M | ||||||||||||||||||||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 277.00M | 1,122.00M | 1,377.00M | 1,129.00M | 412.00M | 630.00M | 1,957.00M | 1,307.00M | 1,447.00M | 864.00M | 1,573.00M | 1,963.00M | 1,112.00M | 914.00M | 1,933.00M | 1,491.00M | 1,210.00M | 929.00M | 732.00M | 710.00M | |||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -3327.00M | -1138.00M | -3921.00M | -1152.00M | 945.00M | -1048.00M | 2,011.00M | 1,944.00M | 789.00M | -538.00M | 118.00M | 1,649.00M | 721.00M | -539.00M | 730.00M | 564.00M | 700.00M | -48.00M | -76.00M | 329.00M | |||||||||||||||
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Other financing activitiesOther financing | 32.00M | 28.00M | 12.00M | 17.00M | 11.00M | 25.00M | 9.00M | 16.00M | 6.00M | 15.00M | 15.00M | 32.00M | 8.00M | 11.00M | 3.00M | 14.00M | 2.00M | 16.00M | 19.00M | 23.00M | |||||||||||||||
| Cash from Financing ActivitiesCash from Financing | -2.00M | -873.00M | -642.00M | -1327.00M | -1041.00M | -438.00M | -542.00M | -668.00M | -58.00M | -109.00M | 14.00M | 34.00M | 11.00M | -3.00M | 4.00M | 9.00M | -1.00M | 581.00M | 17.00M | 14.00M | |||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||||||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | |||||||||||||||||||||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||
| Exchange Rate EffectFX Effect | 1.00M | -1.00M | 1.00M | 1.00M | 1.00M | -2.00M | |||||||||||||||||||||||||||||
| Change in Cash | -53.00M | 1,299.00M | -1800.00M | -2175.00M | 156.00M | 176.00M | 244.00M | 361.00M | -869.00M | -25.00M | -857.00M | 409.00M | -833.00M | 282.00M | -303.00M | -345.00M | -147.00M | 1,463.00M | -688.00M | -185.00M | |||||||||||||||
| Free Cash FlowFCF | 3,177.00M | 3,190.00M | 2,631.00M | 217.00M | 163.00M | 1,570.00M | -1338.00M | -1149.00M | -1740.00M | 402.00M | -1185.00M | -1456.00M | -1717.00M | 303.00M | -1154.00M | -922.00M | -880.00M | 891.00M | -692.00M | -563.00M | |||||||||||||||
| Net Cash FlowNCF | -53.00M | 1,299.00M | -1800.00M | -2175.00M | 156.00M | 176.00M | 244.00M | 361.00M | -869.00M | -25.00M | -857.00M | 409.00M | -834.00M | 283.00M | -303.00M | -346.00M | -148.00M | 1,463.00M | -689.00M | -183.00M |