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Moderna MRNA Product Sales, Distribution Fees — Cost of Sales

Discontinued — last reported Q4 '22

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TRMBProduct — Cost of Sales
$158.2M+10.1%

Other financials

Income statement

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Revenue$389.0M+260%
Gross profit-$566.0M-3,244%
Operating income-$1.4B-32.2%
Net income-$1.3B-38.3%
EPS (diluted)-$3.40-34.9%

Balance sheet

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Cash & equivalents$1.9B+17.4%
Total debt$1.3B+71.9%
Total equity$7.4B-26.4%
Total assets$11.5B-9.6%

Cash flow

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Operating cash flow-$630.0M+39.2%
CapEx$62.0M-47.0%
Free cash flow-$692.0M+40.0%

Valuation

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Market cap$25.38B+83.8%
Enterprise value$24.8B+93.6%
P/S11.4×+7.1×

Profitability

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Gross margin22.1%-32.0pp
Operating margin-153.3%+67.8pp
Net margin-143.6%+80.2pp
FCF margin-132.4%

Returns & leverage

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Return on equity-36.6%+11.9pp
Debt / equity0.2×+0.1×
Current ratio2.4×-1.8×

Where this comes from

Reported directly by Moderna in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Moderna’s 10-K, filed February 24, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Moderna's product sales, distribution fees — cost of sales?
Moderna (MRNA) reported product sales, distribution fees — cost of sales of $0 in Q4 2022.
What does product sales, distribution fees — cost of sales mean?
The direct costs associated with manufacturing and delivering the company's commercial products to customers.
How do you interpret product sales, distribution fees — cost of sales?
A decrease in this metric relative to revenue indicates improved manufacturing efficiency or economies of scale, while an increase may signal rising production costs, supply chain disruptions, or shifts in product mix.
How does product sales, distribution fees — cost of sales compare across companies?
This is comparable to Cost of Goods Sold (COGS) in other pharmaceutical and biotech companies, though it may be influenced by specific mRNA manufacturing processes and cold-chain distribution requirements.