MRNA · 8-K · 20260731PR000147

Capital Expenditures Program

Moderna, Inc. · 2026-07-31 · Importance 70 · Surprise 40 · No source text

Moderna expects 2026 capital expenditures of $0.2 billion to $0.3 billion. Six-month 2026 purchases of property, plant and equipment were $99 million, compared with $120 million in the first six months of 2025. The company reported $2.059 billion of net property, plant and equipment at June 30, 2026, compared with $2.134 billion at December 31, 2025. Six-month investing activities generated $253 million of net cash, including $1.442 billion of marketable-securities maturities and $814 million of securities-sale proceeds.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositivecommitted—Capital expenditures for 2026 are expected to be $0.2 to $0.3 billion.
cashnegativecommitted—Capital expenditures for 2026 are expected to be $0.2 to $0.3 billion.
cashpositiverealized—Net cash (used in) provided by investing activities for the six months ended June 30, 2026 was $253 million provided.