Discontinued — last reported Q4 '24
Grant revenue — Deferred Revenue
Moderna Grant revenue — Deferred Revenue decreased by 18.2% to $9.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 125.0%, from $4.00M to $9.00M. Over 3 years (FY 2021 to FY 2024), Grant revenue — Deferred Revenue shows an upward trend with a 3.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing pipeline of funded research that will be recognized as revenue in future periods.
Detailed definition
This represents the portion of grant funding received in advance that has not yet been recognized as revenue because the...
Peer comparison
Standard across industries with long-term contracts; comparable to deferred revenue in software or construction sectors.
mrna_segment_grant_revenue_deferred_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.00M | $6.00M | $6.00M | $6.00M | $5.00M | $5.00M | $4.00M | $3.00M | $2.00M | $4.00M | $4.00M | $4.00M | $4.00M | $11.00M | $9.00M |
| QoQ Change | — | -25.0% | +0.0% | +0.0% | -16.7% | +0.0% | -20.0% | -25.0% | -33.3% | +100.0% | +0.0% | +0.0% | +0.0% | +175.0% | -18.2% |
| YoY Change | — | — | — | — | -37.5% | -16.7% | -33.3% | -50.0% | -60.0% | -20.0% | +0.0% | +33.3% | +100.0% | +175.0% | +125.0% |
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Frequently Asked Questions
- What is Moderna's grant revenue — deferred revenue?
- Moderna (MRNA) reported grant revenue — deferred revenue of $9.00M in Q4 2024.
- How has Moderna's grant revenue — deferred revenue changed year-over-year?
- Moderna's grant revenue — deferred revenue increased by 125.0% year-over-year, from $4.00M to $9.00M.
- What is the long-term trend for Moderna's grant revenue — deferred revenue?
- Over 3 years (2021 to 2024), Moderna's grant revenue — deferred revenue has grown at a 3.8% compound annual growth rate (CAGR), from $25.00M to $28.00M.
- What does grant revenue — deferred revenue mean?
- Grant funds received but not yet earned through the completion of research activities.