What is Moderna's united states — property, plant and equipment, net?

Moderna (MRNA) reported united states — property, plant and equipment, net of $1.47B in Q4 2025.

How has Moderna's united states — property, plant and equipment, net changed year-over-year?

Moderna's united states — property, plant and equipment, net decreased by 4.2% year-over-year, from $1.53B to $1.47B.

What does united states — property, plant and equipment, net mean?

The total value of the company's physical assets and facilities located in the United States, minus accumulated depreciation.

Geographic · Property, plant and equipment, net

United States — Property, plant and equipment, net

Moderna United States — Property, plant and equipment, net decreased by 4.2% to $1.47B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.2%, from $1.53B to $1.47B.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ4 2025Feb 20, 2026

Rolls up toPP&E (Net)

How to read this metric

An increase typically signals significant capital expenditure for facility expansion or manufacturing capacity, while a decrease may reflect asset depreciation, divestitures, or a shift toward outsourced production models.

Detailed definition

This metric represents the net book value of tangible long-term assets located within the United States, including manuf...

Peer comparison

Biotech firms with internal manufacturing capabilities show higher levels of these assets compared to 'asset-light' companies that rely primarily on contract manufacturing organizations.

Metric ID: mrna_segment_united_states_property_plant_and_equipment_net

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$1.05B	$1.27B	$1.56B	$1.53B	$1.47B
QoQ Change	—	+20.7%	+23.1%	-1.8%	-4.2%
YoY Change	—	+20.7%	+23.1%	-1.8%	-4.2%

Range$1.05B – $1.56B

CAGR+39.8%

Avg YoY Growth+9.5%

Median YoY Growth+9.4%

Current Streak2 quarters decline

Similar Metrics at Other Companies

Amkor TechnologyAMKR View metric

IncyteINCY View metric

TextronTXT View metric

FortiveFTV View metric

Marvell Technology, Inc.MRVL View metric

BWX TechnologiesBWXT View metric

Frequently Asked Questions

What is Moderna's united states — property, plant and equipment, net?: Moderna (MRNA) reported united states — property, plant and equipment, net of $1.47B in Q4 2025.
How has Moderna's united states — property, plant and equipment, net changed year-over-year?: Moderna's united states — property, plant and equipment, net decreased by 4.2% year-over-year, from $1.53B to $1.47B.
What does united states — property, plant and equipment, net mean?: The total value of the company's physical assets and facilities located in the United States, minus accumulated depreciation.