Current Liabilities
Contract Liabilities and Refund Liability
Moderna Contract Liabilities and Refund Liability decreased by 7.7% to $470.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.5%, from $337.00M to $470.00M.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase in refund liability may signal quality issues, while an increase in contract liabilities indicates future service obligations.
Detailed definition
This encompasses obligations to customers for undelivered goods or services and the estimated liability for potential pr...
Peer comparison
Standard accounting requirement under revenue recognition standards for companies with complex sales contracts.
Metric ID:
contract_liabilities_and_refund_liabilityHistorical Data
12 periods
| Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $184.00M | $556.00M | $574.00M | $554.00M | $403.00M | $370.00M | $337.00M | $308.00M | $426.00M | $509.00M | $470.00M |
| QoQ Change | — | — | +202.2% | +3.2% | -3.5% | -27.3% | -8.2% | -8.9% | -8.6% | +38.3% | +19.5% | -7.7% |
| YoY Change | — | — | — | — | — | +119.0% | -33.5% | -41.3% | -44.4% | +5.7% | +37.6% | +39.5% |
Range$0.00 – $574.00M
Avg YoY Growth+11.8%
Median YoY Growth+5.7%
Product Breakdown
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '25 |
|---|---|---|---|---|---|---|
| Net product sales | $184.00M | $556.00M | $574.00M | $554.00M | $403.00M | $509.00M |
| Total | $184.00M | $556.00M | $574.00M | $554.00M | $403.00M | $509.00M |
Contract Liabilities and Refund Liability at Other Companies
Frequently Asked Questions
- What is Moderna's contract liabilities and refund liability?
- Moderna (MRNA) reported contract liabilities and refund liability of $470.00M in Q1 2026.
- How has Moderna's contract liabilities and refund liability changed year-over-year?
- Moderna's contract liabilities and refund liability increased by 39.5% year-over-year, from $337.00M to $470.00M.
- What does contract liabilities and refund liability mean?
- Liabilities related to unfulfilled contracts and expected customer refunds.