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Net Assets for Moderna (MRNA)

According to Moderna's latest reported financial statements, the company's latest reported net assets is $8.65B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$8.65B

YoY change

-20.6%

5Y CAGR

+27.6%

Peak year (2022)

$19.12B

Latest annual

$8.65B

Net Assets history chart for Moderna (MRNA) from 2016 to 2025

Net Assets history table for Moderna (MRNA) from 2016 to 2025

Fiscal yearPeriod endedReportedNet AssetsYoY
2025$8.65B-20.6%
2024$10.90B-21.3%
2023$13.85B-27.6%
2022$19.12B+35.2%
2021$14.14B+452.3%
2020$2.56B+118.0%
2019$1.17B-23.2%
2018$1.53B+144.7%
2017$625.30M-25.7%
2016$841.85M

Net Assets values are taken from Moderna's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Moderna (MRNA) net assets totalled $8.65B – declined 20.6% year-over-year.

Moderna net assets compound annual growth for the 2020–2025 (5 years) window is +27.6%, with the latest reading among the more recent periods of the dataset.

Between 2022 and 2025, Moderna net assets plunged 54.8%, falling from $19.12B to $8.65B.

Across the available history, net assets reached its high of $19.12B in 2022 and its low of $625.30M in 2017.

Among 8 Healthcare peers, Moderna (MRNA) ranks 8th; the peer median for net assets is $50.64B.

Moderna Net Assets by Year

Moderna Net Assets 2025: $8.65B

Moderna net assets in 2025 was $8.65B, declined 20.6% below 2024.

Moderna Net Assets 2024: $10.90B

Moderna net assets in 2024 was $10.90B, declined 21.3% below 2023.

Moderna Net Assets 2023: $13.85B

Moderna net assets in 2023 was $13.85B, declined 27.6% below 2022.

Moderna Net Assets 2022: $19.12B

Moderna net assets in 2022 was $19.12B, surged 35.2% from 2021. This figure represents the highest annual value in the available history.

Moderna Net Assets 2021: $14.14B

Moderna net assets in 2021 was $14.14B.

See more financial history for Moderna (MRNA).

Sector peers — Net Assets

Companies in the same sector as Moderna, ranked by their latest net assets.

CompanyNet AssetsSector
Novo Nordisk A/S (NVO)$194.05BHealthcare
UnitedHealth Group Incorporated (UNH)$94.11BHealthcare
Johnson & Johnson (JNJ)$81.54BHealthcare
Merck & Co., Inc. (MRK)$52.61BHealthcare
AstraZeneca PLC (AZN)$48.67BHealthcare
Eli Lilly and Company (LLY)$26.54BHealthcare
Amgen Inc. (AMGN)$8.66BHealthcare
AbbVie Inc. (ABBV)-$3.27BHealthcare

Frequently asked questions

What is Moderna's net assets?

Latest reported net assets for Moderna (MRNA) is $8.65B (period ending December 31, 2025).

How has Moderna net assets changed year-over-year?

Moderna (MRNA) net assets changed -20.6% year-over-year on the latest annual filing.

What is the long-term growth rate of Moderna net assets?

Moderna (MRNA) net assets compound annual growth rate is +27.6% over the most recent 5 years available.

When did Moderna net assets hit its highest annual value?

Moderna net assets reached its highest annual value of $19.12B in 2022.

What was Moderna net assets in 2024?

Moderna (MRNA) net assets in 2024 was $10.90B.

What was Moderna net assets in 2025?

Moderna (MRNA) net assets in 2025 was $8.65B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.