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Non-Current Liabilities

Operating Lease Liabilities (Total)

Moderna Operating Lease Liabilities (Total) decreased by 0.9% to $664M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.6%, from $682M to $664M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 45.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase reflects an expansion of the company's long-term physical infrastructure commitments, while a decrease indicates a reduction in long-term lease liabilities.

Detailed definition

This represents the aggregate present value of all future lease payments for operating leases that extend beyond the nex...

Peer comparison

Biotech firms with significant R&D and manufacturing infrastructure typically show higher values here compared to asset-light software companies.

Metric ID: operating_lease_liabilities_total

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$116M$127M$152M$141M$125M$115M$127M$124M$138M$730M$668M$662M$693M$700M$685M$682M$682M$677M$670M$664M
QoQ Change+9.5%+19.7%-7.2%-11.3%-8.0%+10.4%-2.4%+11.3%+429.0%-8.5%-0.9%+4.7%+1.0%-2.1%-0.4%+0.0%-0.7%-1.0%-0.9%
YoY Change+7.8%-9.4%-16.4%-12.1%+10.4%+534.8%+426.0%+433.9%+402.2%-4.1%+2.5%+3.0%-1.6%-3.3%-2.2%-2.6%
Range$115M$730M
CAGR+44.4%
Avg YoY Growth+110.5%
Median YoY Growth+0.5%
Current Streak3 quarters decline

Frequently Asked Questions

What is Moderna's operating lease liabilities (total)?
Moderna (MRNA) reported operating lease liabilities (total) of $664M in Q1 2026.
How has Moderna's operating lease liabilities (total) changed year-over-year?
Moderna's operating lease liabilities (total) decreased by 2.6% year-over-year, from $682M to $664M.
What is the long-term trend for Moderna's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Moderna's operating lease liabilities (total) has grown at a 45.3% compound annual growth rate (CAGR), from $103.39M to $670M.
What does operating lease liabilities (total) mean?
The total value of all future payments for long-term operating leases.