MRNA
Moderna, Inc.
Stock
$190.01+1.07 (+0.57%)Close Oct 2, 2026
- Research and development, 2025
- $3.1B
- YoY, 2025
- −31.1%
- 5-year CAGR
- +18.0%
Research and development
Research and development by fiscal year
| Period | R&D | YoY |
|---|---|---|
| 2025 | $3.1B | −31.1% |
| 2024 | $4.5B | −6.2% |
| 2023 | $4.8B | +47.0% |
| 2022 | $3.3B | +65.5% |
| 2021 | $2.0B | +45.3% |
| 2020 | $1.4B | +176.2% |
| 2019 | $496M | +9.2% |
| 2018 | $454M | +10.6% |
| 2017 | $410M | +49.4% |
| 2016 | $275M | — |