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 5/30573% above fair value
$220.83−0.89 (-0.40%)
Close on Nov 2, 2026Market cap $88.16BP/E –Yield –
Moderna Strategic collaborations by Year
Strategic collaborations — Merck (intismeran autogene / mRNA-4157) gross R&D incurred ($M) ($M)
Moderna Strategic collaborations: $407M in FY2025, up 4.4% from a year earlier.
Latest, FY2025
407
Period ended Dec 31, 2025
Change on a year earlier
+4.4%
390 in FY2024
History
4 years
Since FY2022
Sources
2
Documents cited below
Where the FY2025 figure comes from
Source: Form 10-K (filed 2026-02-20) ↗
Reported in Form 10-Q / 10-K Note 4 (Collaboration Agreements).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Strategic collaborations — Merck (intismeran autogene / mRNA-4157) gross R&D incurred ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 407 | +4.4% | Form 10-K (filed 2026-02-20) ↗ |
| FY2024 | Dec 31, 2024 | 390 | +112.0% | Form 10-K (filed 2026-02-20) ↗ |
| FY2023 | Dec 31, 2023 | 184 | +2,966.7% | Form 10-K (filed 2026-02-20) ↗ |
| FY2022 | Dec 31, 2022 | 6 | – | Form 10-K (filed 2025-02-21) ↗ |
Breakdown
What makes up strategic collaborations
Cite this data
StockData. (2026). Moderna Strategic collaborations ($M), annual FY2022–FY2025 [Data set]. Compiled from Moderna SEC filings and investor materials. https://stockdatahq.com/stocks/mrna/kpis/rd-merck-mrna4157
See every metric in the Moderna KPI table. Data updated Nov 3, 2026.