Moderna (XSWX:MRNA) Total Operating Expense: CHF3,101 Mil (TTM As of Mar. 2026)


XSWX:MRNA Moderna Inc XSWX:MRNA
62 GF Score
Price CHF57.81
GF Value CHF18.28
! 7 Warning Signs
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What is Moderna Total Operating Expense?

Moderna XSWX:MRNA 62 Total Operating Expense is CHF3,101 Mil as of Mar. 2026. GuruFocus rates XSWX:MRNA with a GF Score™ of 62/100 and a GF Value™ of CHF18.28. The stock has 7 warning signs investors should review.

Moderna's Total Operating Expense for the three months ended in Mar. 2026 was CHF647 Mil. Moderna's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF3,101 Mil.

Moderna Total Operating Expense Related Terms

Moderna Total Operating Expense Historical Data

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The historical data trend for Moderna's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Moderna Total Operating Expense Chart

Moderna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,678.98 3,762.73 5,448.24 5,064.29 3,289.60

Moderna Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 942.80 752.21 839.89 861.45 647.16
XSWX:MRNA
62GF Score
Moderna Inc XSWX:MRNA
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Moderna Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,101 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of CHF3,101 Mil mean?
Moderna (XSWX:MRNA) has a Total Operating Expense of CHF3,101 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Moderna and its competitors.
Is Moderna's Total Operating Expense too high?
Moderna's current Total Operating Expense is CHF3,101 Mil. Overall, Moderna has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Moderna's Total Operating Expense compare to RPRX and ROIV?
Moderna's Total Operating Expense of CHF3,101 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Biotechnology company?
A good Total Operating Expense depends on the Biotechnology industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Moderna and its competitors. Moderna's current Total Operating Expense is CHF3,101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moderna stock overvalued right now?
Moderna (XSWX:MRNA) has a current Total Operating Expense of CHF3,101 Mil. The stock's GF Value™ is CHF18.28, compared to a current price of CHF57.81 — trading 216.2% above its estimated fair value. The current Total Operating Expense is CHF3,101 Mil. Moderna's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Moderna (XSWX:MRNA), the current Total Operating Expense is CHF3,101 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Moderna (XSWX:MRNA) Overvalued in 2026?

Based on GuruFocus' analysis, Moderna stock appears to be overvalued. The current stock price of CHF57.81 is trading 216.2% above its estimated GF Value™ of CHF18.28.

Key valuation signals for XSWX:MRNA:

  • Total Operating Expense: CHF3,101 Mil
  • GF Value™: CHF18.28 vs. price of CHF57.81 (216.2% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the XSWX:MRNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Moderna Business Description

Address 325 Binney Street, Cambridge, MA, USA, 02142
Moderna is a commercial-stage biotech that was founded in 2010 and had its initial public offering in December 2018. The firm's mRNA technology was rapidly validated with its covid vaccine, which was authorized in the United States in December 2020. Moderna had 35 mRNA development candidates in clinical studies as of August 2025. Programs span a wide range of therapeutic areas, including infectious disease, oncology, cardiovascular disease, and rare genetic diseases.
62GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF57.81
Price
CHF18.28
GF Value