Contract with Customer, Liability
Moderna Contract with Customer, Liability increased by 1.6% to $256.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.9%, from $183.00M to $256.00M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows a downward trend with a -42.6% CAGR.
Analysis
How to read this metric
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
Detailed definition
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Peer comparison
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liabilityHistorical 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.48B | $8.48B | $6.87B | $6.06B | $4.50B | $4.18B | $2.71B | $1.89B | $1.73B | $1.54B | $651.00M | $617.00M | $797.00M | $474.00M | $211.00M | $183.00M | $283.00M | $320.00M | $252.00M | $256.00M |
| QoQ Change | — | +13.3% | -19.0% | -11.7% | -25.8% | -7.1% | -35.1% | -30.2% | -8.5% | -11.2% | -57.7% | -5.2% | +29.2% | -40.5% | -55.5% | -13.3% | +54.6% | +13.1% | -21.3% | +1.6% |
| YoY Change | — | — | — | — | -39.8% | -50.7% | -60.5% | -68.8% | -61.5% | -63.2% | -76.0% | -67.4% | -54.0% | -69.2% | -67.6% | -70.3% | -64.5% | -32.5% | +19.4% | +39.9% |
Product Breakdown
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|---|---|---|
| Grant revenue | $3.00M | $2.00M | $4.00M | $4.00M | $4.00M | $4.00M | $11.00M | $9.00M |
| Licensing and royalty revenue | — | — | — | $0.00 | — | $20.00M | $13.00M | $8.00M |
| Collaboration revenue | $73.00M | $62.00M | $41.00M | $34.00M | $33.00M | $33.00M | $7.00M | — |
| Total | $1.89B | $1.73B | $1.54B | $651.00M | $617.00M | $797.00M | $474.00M | $211.00M |
Collaboration revenue, Grant revenue, Licensing and royalty revenue were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Contract with Customer, Liability at Other Companies
Frequently Asked Questions
- What is Moderna's contract with customer, liability?
- Moderna (MRNA) reported contract with customer, liability of $256.00M in Q1 2026.
- How has Moderna's contract with customer, liability changed year-over-year?
- Moderna's contract with customer, liability increased by 39.9% year-over-year, from $183.00M to $256.00M.
- What is the long-term trend for Moderna's contract with customer, liability?
- Over 5 years (2020 to 2025), Moderna's contract with customer, liability has grown at a -42.6% compound annual growth rate (CAGR), from $4.04B to $252.00M.
- What does contract with customer, liability mean?
- The value of services owed to customers for which payment has already been received.