Non-Current Assets

PP&E (Gross)

Moderna PP&E (Gross) increased by 0.3% to $2.88B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $2.78B to $2.88B. Over 5 years (FY 2020 to FY 2025), PP&E (Gross) shows an upward trend with a 47.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026May 1, 2026
Parent metricPP&E (Net)

How to read this metric

An increase indicates ongoing capital investment and expansion of physical capacity; a decrease suggests asset disposals or a shift toward asset-light models.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, such as buildings, machinery, and equipment...

Peer comparison

Standard across capital-intensive industries; peers report this as 'Gross Property, Plant, and Equipment'.

Metric ID: ppe_total_gross

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$998.00M$1.12B$1.59B$1.77B$1.79B$2.60B$2.68B$2.75B$3.11B$3.02B$2.38B$2.53B$2.70B$2.93B$2.72B$2.78B$2.79B$2.80B$2.87B$2.88B
QoQ Change+12.1%+42.4%+11.2%+1.0%+45.2%+3.0%+2.9%+12.8%-2.6%-21.4%+6.3%+6.8%+8.6%-7.1%+2.0%+0.5%+0.2%+2.6%+0.3%
YoY Change+79.4%+132.3%+68.0%+55.4%+73.5%+16.4%-11.1%-8.2%-13.1%-3.0%+14.5%+9.9%+3.4%-4.6%+5.4%+3.7%
% of PP&E (Net)125.7%132.4%128.4%132.1%135.2%128.7%132.6%136.5%136.2%154.9%122.3%122.5%123.0%123.1%124.0%125.6%128.7%131.6%134.5%138.1%
Share Change+6.7pp-4.1pp+3.8pp+3.1pp-6.5pp+3.9pp+3.9pp-0.2pp+18.7pp-32.7pp+0.3pp+0.4pp+0.2pp+0.9pp+1.6pp+3.1pp+2.8pp+3.0pp+3.5pp
Range$998.00M$3.11B
CAGR+25.0%
Avg YoY Growth+26.4%
Median YoY Growth+7.7%
Current Streak5 quarters growth

Frequently Asked Questions

What is Moderna's pp&e (gross)?
Moderna (MRNA) reported pp&e (gross) of $2.88B in Q1 2026.
How has Moderna's pp&e (gross) changed year-over-year?
Moderna's pp&e (gross) increased by 3.7% year-over-year, from $2.78B to $2.88B.
What is the long-term trend for Moderna's pp&e (gross)?
Over 5 years (2020 to 2025), Moderna's pp&e (gross) has grown at a 47.1% compound annual growth rate (CAGR), from $417.00M to $2.87B.
What does pp&e (gross) mean?
The total original cost of all physical assets like buildings and equipment before subtracting depreciation.