MRNA · News · 20260731N

Liquidity and Cash Position

Moderna, Inc. · 2026-07-31 · Importance 75 · Surprise 60 · In source text

Moderna improved its expected 2026 year-end cash balance to $4.7 billion-$5.2 billion. The company held $6.91 billion in cash and investments while reporting a $782 million second-quarter GAAP net loss. The higher cash outlook reflects the approximately $200 million reduction in expected 2026 operating expenses.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashpositiveprobable—Moderna improved its expected 2026 year-end cash balance to $4.7 - $5.2 billion.
cashpositiverealized—Moderna reported $6.91 billion in cash and investments, described as strong liquidity.