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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 Discovery programs R&D by Year

Discovery programs R&D (FY2018–FY2023 disaggregation) ($M) ($M)

Moderna Discovery programs R&D: $106M in FY2023, up 53.6% from a year earlier. No newer figure appears in the documents we track.

Latest, FY2023
106
Period ended Dec 31, 2023
Change on a year earlier
+53.6%
69 in FY2022
History
6 years
Since FY2018
Sources
3
Documents cited below

Where the FY2023 figure comes from

“Discovery programs | $ | 106 | $ | 69 | $ | 85”

Source: FY2023 10-K ↗

Reported in Form 10-K / 10-Q Item 7 (MD&A R&D Breakdown).

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedDiscovery programs R&D (FY2018–FY2023 disaggregation) ($M) ($M)Year on yearSource
FY2023Dec 31, 2023106+53.6%FY2023 10-K ↗
FY2022Dec 31, 202269-18.8%FY2023 10-K ↗
FY2021Dec 31, 202185+51.8%FY2023 10-K ↗
FY2020Dec 31, 2020560.0%FY2021 10-K ↗
FY2019Dec 31, 201956+61.6%FY2021 10-K ↗
FY2018Dec 31, 201834.6–FY2020 10-K ↗

Cite this data

StockData. (2026). Moderna Discovery programs R&D ($M), annual FY2018–FY2023 [Data set]. Compiled from Moderna SEC filings and investor materials. https://stockdatahq.com/stocks/mrna/kpis/rd-discovery-programs-leg

See every metric in the Moderna KPI table. Data updated Nov 3, 2026.