Moderna, Inc. (MRNA) quarterly balance sheet — complete assets, liabilities & equity history
Moderna, Inc. (MRNA) balance sheet — 10-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 5.82B | 5.77B | 6.54B | 6.6B | 6.17B | 6.77B | 8.1B | 9.67B | 9.66B | 9.6B | 10.32B | 10.8B | 10.6B | 12.12B | 13.43B | 14.3B | 13.56B | 16.35B | 16.07B | 13.43B |
| Cash & Short-Term Investments | 5.14B | 5.21B | 5.8B | 4.5B | 5.13B | 5.97B | 7.03B | 6.87B | 8.49B | 8.52B | 8.6B | 7.57B | 8.46B | 8.92B | 9.9B | 8.35B | 7.9B | 10.12B | 10.73B | 8.91B |
| Cash Only | 1.72B | 1.91B | 2.6B | 1.13B | 1.28B | 1.62B | 1.93B | 1.64B | 2.48B | 2.05B | 2.91B | 2.93B | 3.8B | 3.44B | 3.21B | 3.03B | 2.87B | 5.05B | 6.85B | 5.55B |
| Short-Term Investments | 3.42B | 3.3B | 3.2B | 3.37B | 3.85B | 4.35B | 5.1B | 5.22B | 6.01B | 6.47B | 5.7B | 4.64B | 4.66B | 5.48B | 6.7B | 5.32B | 5.02B | 5.07B | 3.88B | 3.36B |
| Accounts Receivable | 103M | 147M | 284M | 1.39B | 457M | 306M | 592M | 1.84B | 423M | 387M | 1.08B | 2.15B | 688M | 1.52B | 1.69B | 2.82B | 2.84B | 3.36B | 3.32B | 3.2B |
| Days Sales Outstanding | 78.45 | 49.86 | 113.85 | 83.81 | 244.48 | 377.66 | 116.83 | 56.02 | 166.76 | 399.96 | 52.77 | 71.2 | 292.18 | 78.49 | 40.26 | 80.93 | 61.86 | 50.66 | 43.17 | 50.2 |
| Inventory | 280M | 146M | 153M | 332M | 240M | 128M | 117M | 412M | 399M | 295M | 202M | 487M | 715M | 732M | 949M | 2.08B | 1.92B | 1.94B | 1.44B | 965M |
| Days Inventory Outstanding | 208.42 | 14.09 | 49.36 | 26.1 | 140.71 | 122.5 | 32.93 | 72.58 | 274.58 | 235.56 | 34.12 | 24.67 | 90.07 | 95.51 | 72.57 | 167.19 | 127.27 | 149.69 | 116.26 | 102.45 |
| Other Current Assets | 148M | 141M | 45M | 132M | 57M | 69M | 58M | 46M | 31M | 68M | 88M | 96M | 53M | 64M | 44M | 162M | 134M | 71M | 26M | 94M |
| Total Non-Current Assets | 5.15B | 5.72B | 5.79B | 5.54B | 5.84B | 5.94B | 6.04B | 6.14B | 6.02B | 7.13B | 8.1B | 8.65B | 11.29B | 12B | 12.43B | 11.76B | 12.48B | 11.26B | 8.6B | 7.5B |
| Property, Plant & Equipment | 2.76B | 2.79B | 2.85B | 2.86B | 2.92B | 2.96B | 2.96B | 3.17B | 2.97B | 2.76B | 2.66B | 2.72B | 2.41B | 2.13B | 2.14B | 2.13B | 1.45B | 1.47B | 1.38B | 960M |
| Fixed Asset Turnover | 0.05x | 0.14x | 0.24x | 0.35x | 0.05x | 0.04x | 0.31x | 0.60x | 0.08x | 0.06x | 1.05x | 0.71x | 0.15x | 0.86x | 2.41x | 1.80x | 3.13x | 4.16x | 5.93x | 5.20x |
| Goodwill | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 52M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 109M | 116M | 45M | 47M | 48M | 49M | 40M | 41M | 42M | 43M | 44M | 45M | 46M | 48M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.93B | 2.41B | 2.34B | 2.25B | 2.38B | 2.42B | 2.51B | 2.36B | 2.36B | 3.69B | 4.74B | 5.36B | 6.22B | 7.53B | 8.36B | 8.65B | 10.16B | 9.17B | 6.84B | 6.44B |
| Other Non-Current Assets | 213M | 263M | 421M | 241M | 359M | 368M | 407M | 440M | 516M | 502M | 523M | 478M | 1.07B | 981M | 946M | 52M | 87M | 94M | 46M | 15M |
| Total Assets | 10.96B | 11.49B | 12.34B | 12.13B | 12.01B | 12.7B | 14.14B | 15.8B | 15.68B | 16.73B | 18.43B | 19.45B | 21.88B | 24.13B | 25.86B | 26.06B | 26.04B | 27.61B | 24.67B | 20.92B |
| Asset Turnover | 0.01x | 0.03x | 0.06x | 0.08x | 0.01x | 0.01x | 0.06x | 0.12x | 0.01x | 0.01x | 0.15x | 0.09x | 0.01x | 0.07x | 0.20x | 0.12x | 0.17x | 0.23x | 0.30x | 0.26x |
| Asset Growth % | -8.73% | -9.57% | -12.76% | -23.21% | -23.41% | -24.06% | -23.25% | -18.75% | -28.35% | -30.66% | -28.74% | -25.35% | -15.97% | -12.62% | 4.82% | 24.53% | 61.23% | 117.5% | 236.23% | 349.87% |
| Total Current Liabilities | 2.53B | 2.4B | 1.99B | 1.68B | 1.57B | 1.6B | 2.21B | 2.2B | 2.36B | 2.38B | 3.02B | 4.38B | 3.12B | 3.5B | 4.92B | 6.81B | 6.81B | 9.24B | 9.13B | 9.96B |
| Accounts Payable | 167M | 161M | 317M | 267M | 175M | 226M | 405M | 373M | 279M | 183M | 520M | 494M | 310M | 389M | 487M | 330M | 181M | 199M | 302M | 87M |
| Days Payables Outstanding | 160.47 | 22.52 | 59.43 | 20.17 | 153.32 | 315.5 | 48.43 | 58.35 | 182.79 | 333.19 | 50.21 | 16.5 | 43.51 | 49.77 | 19.59 | 21.37 | 12.52 | 22.17 | 18.8 | 10.45 |
| Short-Term Debt | 52M | 50M | 0 | 48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 295M | 102M | 99M | 163M | 218M | 125M | 153M | 379M | 702M | 559M | 568M | 1.37B | 1.04B | 1.22B | 2.04B | 4B | 4.09B | 5.6B | 6.25B | 7.98B |
| Other Current Liabilities | 1.83B | 1.97B | 1.57B | 893M | 654M | 666M | 863M | 665M | 758M | 834M | 842M | 491M | 141M | 104M | 243M | 434M | 378M | 108M | 140M | 117M |
| Current Ratio | 2.29x | 2.41x | 3.29x | 3.93x | 3.93x | 4.22x | 3.67x | 4.39x | 4.09x | 4.03x | 3.42x | 2.46x | 3.39x | 3.46x | 2.73x | 2.10x | 1.99x | 1.77x | 1.76x | 1.35x |
| Quick Ratio | 2.18x | 2.35x | 3.22x | 3.73x | 3.77x | 4.14x | 3.62x | 4.20x | 3.92x | 3.91x | 3.36x | 2.35x | 3.16x | 3.26x | 2.54x | 1.80x | 1.71x | 1.56x | 1.60x | 1.25x |
| Cash Conversion Cycle | 126.39 | 41.42 | 103.77 | 89.74 | 231.86 | 184.66 | 101.33 | 70.25 | 258.56 | 302.33 | 36.68 | 79.37 | 338.74 | 124.23 | 93.23 | 226.75 | 176.62 | 178.18 | 140.63 | 142.2 |
| Total Non-Current Liabilities | 1.67B | 1.69B | 1.7B | 1.12B | 1.04B | 1.03B | 1.03B | 1.68B | 1.6B | 1.53B | 1.56B | 1.61B | 1.81B | 1.76B | 1.81B | 1.26B | 1.25B | 1.3B | 1.4B | 842M |
| Long-Term Debt | 591M | 590M | 1.24B | 660M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 644M | 658M | 673M | 686M | 698M | 702M | 710M | 1.3B | 1.24B | 1.21B | 1.22B | 1.27B | 947M | 927M | 1B | 1B | 728M | 741M | 705M | 343M |
| Deferred Tax Liabilities | 255M | 253M | 0 | 239M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 29M | 30M | -368M | -618M | 276M | 274M | 267M | 276M | 266M | 262M | 256M | 172M | 173M | 163M | 135M | 81M | 113M | 91M | 76M | 1M |
| Total Liabilities | 4.2B | 4.08B | 3.69B | 2.81B | 2.61B | 2.64B | 3.24B | 3.88B | 3.97B | 3.91B | 4.57B | 6B | 4.93B | 5.26B | 6.74B | 8.06B | 8.06B | 10.53B | 10.52B | 10.8B |
| Total Debt | 1.29B | 1.3B | 1.92B | 1.39B | 741M | 745M | 747M | 1.35B | 1.27B | 1.24B | 1.24B | 1.46B | 1.17B | 1.11B | 1.2B | 1.26B | 887M | 947M | 916M | 583M |
| Net Debt | -436M | -610M | -679M | 261M | -538M | -878M | -1.18B | -289M | -1.21B | -814M | -1.66B | -1.48B | -2.63B | -2.33B | -2B | -1.77B | -1.99B | -4.1B | -5.93B | -4.97B |
| Debt / Equity | 0.19x | 0.18x | 0.22x | 0.15x | 0.08x | 0.07x | 0.07x | 0.11x | 0.11x | 0.10x | 0.09x | 0.11x | 0.07x | 0.06x | 0.06x | 0.07x | 0.05x | 0.06x | 0.06x | 0.06x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | 5.98x | - | - | - | 0.72x | 0.99x | 0.35x | 0.22x | 0.17x | 0.16x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | -8.00x | - | - | - | -1.21x | -1.38x | -0.79x | -0.95x | -1.08x | -1.37x |
| Interest Coverage | - | -77.47x | -99.88x | - | -817.00x | -963.00x | -196.33x | 4.50x | -212.17x | -193.17x | 12.67x | -194.80x | -133.54x | -32.89x | 166.50x | 153.13x | 495.80x | 705.83x | 902.67x | 889.00x |
| Total Equity | 6.76B | 7.41B | 8.65B | 9.33B | 9.4B | 10.07B | 10.9B | 11.93B | 11.71B | 12.82B | 13.85B | 13.46B | 16.95B | 18.86B | 19.12B | 17.99B | 17.98B | 17.07B | 14.14B | 10.12B |
| Equity Growth % | -28.07% | -26.41% | -20.65% | -21.77% | -19.75% | -21.46% | -21.32% | -11.36% | -30.9% | -32.05% | -27.55% | -25.22% | -5.76% | 10.47% | 35.19% | 77.72% | 168.27% | 344.89% | 452.32% | 266.84% |
| Book Value per Share | 17.07 | 18.75 | 22.07 | 23.92 | 24.22 | 26.08 | 28.31 | 29.89 | 30.50 | 33.55 | 35.07 | 35.31 | 44.49 | 46.58 | 47.22 | 43.67 | 42.92 | 40.08 | 32.82 | 23.33 |
| Total Shareholders' Equity | 6.76B | 7.41B | 8.65B | 9.33B | 9.4B | 10.07B | 10.9B | 11.93B | 11.71B | 12.82B | 13.85B | 13.46B | 16.95B | 18.86B | 19.12B | 17.99B | 17.98B | 17.07B | 14.14B | 10.12B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 5.1B | 5.88B | 7.22B | 8.05B | 8.25B | 9.07B | 10.04B | 11.16B | 11.15B | 12.43B | 13.61B | 13.39B | 17.02B | 18.4B | 18.32B | 16.86B | 15.81B | 13.62B | 9.96B | 5.09B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 19M | 25M | 45M | 27M | 23M | 10M | -10M | 11M | -71M | -101M | -123M | -211M | -263M | -267M | -370M | -351M | -240M | -184M | -24M | 31M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |