MODERNA, INC. (MRNA) capitalization

Current snapshot

Market Cap
$19.13B
394.0M shares × $48.23
Net Worth
$8.65B
Stockholders' equity · 2025-12-31
Enterprise Value
$17.84B
Market cap + debt − cash
Net Debt
-$1.29B
Debt $1.30B − Cash $2.60B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $11.47B
FY'24 2024-12-31 $15.97B
FY'23 2023-12-31 $37.99B
FY'22 2022-12-31 $74.72B
FY'21 2021-12-31 $109.47B
FY'20 2020-12-31 $39.80B
FY'19 2019-12-31 $6.47B
FY'18 2018-12-31 $5.02B
FY'18 2018-09-30
FY'18 2018-06-30
FY'18 2018-03-31
FY'18 2017-12-31
FY'18 2016-12-31

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $11.62B
Q3'25 2025-09-30 $10.07B
Q2'25 2025-06-30 $10.70B
Q1'25 2025-03-31 $10.94B
Q4'24 2024-12-31 $16.05B
Q3'24 2024-09-30 $26.67B
Q2'24 2024-06-30 $45.60B
Q1'24 2024-03-31 $40.71B
Q4'23 2023-12-31 $37.99B
Q3'23 2023-09-30 $39.35B
Q2'23 2023-06-30 $46.29B
Q1'23 2023-03-31 $62.20B
Q4'22 2022-12-31 $69.15B
Q3'22 2022-09-30 $48.72B
Q2'22 2022-06-30 $59.85B
Q1'22 2022-03-31 $73.38B
Q4'21 2021-12-31 $102.35B
Q3'21 2021-09-30 $167.03B
Q2'21 2021-06-30 $101.28B
Q1'21 2021-03-31 $56.31B
Q4'20 2020-12-31 $41.68B
Q3'20 2020-09-30 $27.95B
Q2'20 2020-06-30 $24.46B
Q1'20 2020-03-31 $10.57B
Q4'19 2019-12-31 $6.58B
Q3'19 2019-09-30 $5.29B
Q2'19 2019-06-30 $4.83B
Q1'19 2019-03-31 $6.69B
Q1'19 2019-01-01
Q4'18 2018-12-31 $5.02B
Q4'18 2018-09-30
Q4'18 2018-06-30
Q4'18 2018-03-31
Q4'18 2017-12-31

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (MRNA CIK 0001682852), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.