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Moderna, Inc. (MRNA)
NASDAQ: MRNA · Real-Time Price · USD
254.19
+12.73 (5.27%)
At close: Nov 6, 2026, 4:00 PM EST
256.90
+2.71 (1.07%)
After-hours: Nov 6, 2026, 7:59 PM EST

Moderna Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
162-782-1,343-826-200-825-971-1,12013-1,279-1,175217-3,630-1,380791,4651,0432,1973,6574,868
Depreciation & Amortization
6863596752573960524136202249927880113767978
Loss (Gain) From Sale of Investments
-12-10-9-10-20-18-11-10-13-6-14-121-471-46111821
Stock-Based Compensation
127120104113125130115104112112101797774756270504437
Other Operating Activities
746271434254-143-9521,501-228-314-94-76-215-146-229
Change in Accounts Receivable
-1,35153114859-1,013302801,206-1,401-26755974-1,6348812721,310-44831-33
Change in Inventory
-33-1326179-91-114-8291-11-104-93285228182161,128-15621-501-476
Change in Accounts Payable
96-8-1202289-47-1563496104-30321179-70-117151145-21-35178
Change in Unearned Revenue
-351905-674097-29-262-323179-33-887-194-160-819-1,466-321-1,565-805-1,607
Change in Income Taxes
------------89-1918-18-283-1,243716311
Change in Other Net Operating Assets
-588-24548566157-263-298468-90-299-2666921,594-76-714-952-285510-265162
Operating Cash Flow
-1,559-526-630930-847-919-1,037825-1,566-1,274-989622-1,600-915-1,2251,6622523042,7633,310
Operating Cash Flow Growth (YoY)
---12.73%---32.64%----62.58%----49.79%-92.31%-92.52%-7.00%161.87%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-47-37-62-39-33-3-117-522-151-182-196-220-140-234-113-92-89-87-132-120
Cash Acquisitions
---------------85-----
Sale (Purchase) of Intangibles
-74------10-------------
Investment in Securities
-1,594366-14-9733567857-178721,831314-3189292,1782,232-9511,034-1,065-3,754-988
Other Investing Activities
---------------23-5---35-30
Investing Cash Flow
-1,715329-76-48700564730-5397211,649118-5387891,9442,011-1,048945-1,152-3,921-1,138

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
------2-------------
Total Debt Issued
3,000--600--22-431----------
Long-Term Debt Repaid
-----------1----25----31-
Total Debt Repaid
-10-7--12-3-3--10-1-1-124-65-56-25-61-46-46-31-44
Net Debt Issued (Repaid)
2,990-7-588-3-52-1432-1-124-65-56-25-61-46-46-31-44
Issuance of Common Stock
130231916214311832151571692511171228
Repurchase of Common Stock
-3-2-2-1---1-------628-526-402-1,006-1,298-623-857
Other Financing Activities
-372---22----------------
Financing Cash Flow
2,7451417581-194-3113414-109-58-668-542-438-1,041-1,327-642-873

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Foreign Exchange Rate Adjustments
1-21-11--11-----------
Net Cash Flow
-528-185-6881,463-147-345-303282-833409-857-25-869361244176156-2,175-1,8001,299

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
-1,606-563-692891-880-922-1,154303-1,717-1,456-1,185402-1,740-1,149-1,3381,5701632172,6313,190
Free Cash Flow Growth (YoY)
---194.06%----24.63%----74.39%----50.78%-94.87%-94.62%-10.39%157.26%
Free Cash Flow Margin
-122.31%-388.28%-177.89%131.42%-86.61%-649.30%-1068.52%31.37%-92.21%-604.15%-709.58%14.30%-95.03%-334.01%-71.86%30.88%4.84%4.57%43.37%44.24%
Free Cash Flow Per Share
-3.73-1.42-1.752.27-2.26-2.38-2.990.79-4.30-3.79-3.101.02-4.57-3.02-3.303.880.400.526.187.40
Levered Free Cash Flow
-1,852-345.25351.631,261-968.5-664.5-954.88603.5-1,849-997.63-845354-863.75-600-1,2731,632428.75-244.751,8531,748
Unlevered Free Cash Flow
-1,841-334.63362.251,266-968.5-663.88-954.25607.25-1,845-993.88-841.25357.75-857.5-591.88-1,2681,639433.75-241.631,8571,751

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
---10---24---39---25---14
Cash Income Tax Paid
---26---197-------2,729---480
Change in Working Capital
-1,911795531,559-818-297-2111,737-1,729-146601,077182574-1,144153-904-1,815-889-1,465
SEC Filings: 10-K · 10-Q