Moderna, Inc.MRNANASDAQ
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Operating Expenses Over TimeContracting
Percentile Rank78
3Y CAGR+0.9%
5Y CAGR+22.1%
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+0.9%/yr
vs +155.9%/yr prior
5Y CAGR
+22.1%/yr
Recent deceleration
Acceleration
-154.9pp
Decelerating
Percentile
P78
Within normal range
vs 5Y Ago
2.7x
Strong expansion
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$4.15B-26.9%
2024$5.68B-11.2%
2023$6.39B+58.3%
2022$4.04B+121.6%
2021$1.82B+19.4%
2020$1.53B+165.7%
2019$574.91M+510.0%
2018$94.25M-79.3%
2017$454.64M+43.4%
2016$317.05M-