Moderna, Inc.
MRNANasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026Score 5/30567% above fair value
$220.83−0.89 (-0.40%)
Close on Nov 2, 2026Market cap $88.16BP/E –Yield –
Moderna Inventory, net — Total on balance sheet by Year
Inventory, net — Total on balance sheet ($M) ($M)
Moderna Inventory, net — Total on balance sheet: $153M in FY2025, up 30.8% from a year earlier.
Latest, FY2025
153
Period ended Dec 31, 2025
Change on a year earlier
+30.8%
117 in FY2024
History
7 years
Since FY2019
Sources
7
Documents cited below
Where the FY2025 figure comes from
Source: Form 10-Q (filed 2026-07-31) ↗
Reported in Form 10-Q / 10-K Note 6 (Inventory).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Inventory, net — Total on balance sheet ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 153 | +30.8% | Form 10-Q (filed 2026-07-31) ↗ |
| FY2024 | Dec 31, 2024 | 117 | -42.1% | Form 10-K (filed 2026-02-20) ↗ |
| FY2023 | Dec 31, 2023 | 202 | -78.7% | Form 10-K (filed 2025-02-21) ↗ |
| FY2022 | Dec 31, 2022 | 949 | -34.1% | Form 10-K (filed 2024-02-23) ↗ |
| FY2021 | Dec 31, 2021 | 1,441 | +2,966.0% | Form 10-K (filed 2023-02-24) ↗ |
| FY2020 | Dec 31, 2020 | 47 | – | Form 10-K (filed 2022-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 0 | – | Form 10-K (filed 2021-02-26) ↗ |
Breakdown
What makes up inventory, net — Total on balance sheet
- Raw materials inventory ($M)91 · FY2025
- Work in process (drug substance & bulk formulated mRNA) inventory ($M)29 · FY2025
- Finished goods (filled & packaged vaccine doses) inventory ($M)33 · FY2025
- Gross inventory (including zero-cost raw materials awaiting destruction) ($M)267 · FY2025
- Prepaid manufacturing materials & CMO advances, current ($M)61 · FY2025
- Accounts payable — Raw materials & manufacturing suppliers ($M)30 · FY2025
Cite this data
StockData. (2026). Moderna Inventory, net — Total on balance sheet ($M), annual FY2019–FY2025 [Data set]. Compiled from Moderna SEC filings and investor materials. https://stockdatahq.com/stocks/mrna/kpis/inv-net-total
See every metric in the Moderna KPI table. Data updated Nov 3, 2026.