Moderna Inc 's Cash & cash equivalent grew by 15.43 % in the Q3 2026 sequentially, while Current Liabilities decreased, this led to improvement in Moderna Inc 's Quick Ratio to 3.93, above Moderna Inc average Quick Ratio.

Within Biotechnology & Pharmaceuticals industry 80 other companies have achieved higher Quick Ratio than Moderna Inc in third quarter 2026. While Quick Ratio total ranking in the third quarter 2026 has deteriorated compared to the prior quarter from 207 to 1040.

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MRNA Quick Ratio	(Sep 30 2026) Q3	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3
Y / Y Current Liabilities Change	20.64 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	77.09 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	3.93	Subscribe	Subscribe	Subscribe	Subscribe
MRNA's Total Ranking	# 1040	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	-19.97 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	15.43 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio third quarter 2026 Company Ranking
Within:	No.
Biotechnology & Pharmaceuticals Industry	# 81
Healthcare Sector	# 418
Overall Market	# 1040

Quick Ratio Statistics
High	Average	Low
16.81	1.62	0
(Jun 30 2020)		(Sep 30 2017)

Financial Statements
Moderna Inc 's Current Liabilities	$ 2,028 Millions	Visit MRNA's Balance sheet
Moderna Inc 's Cash & cash equivalent	$ 7,976 Millions	Visit MRNA's Balance sheet
Source of MRNA's Sales		Visit MRNA's Sales by Geography

Cumulative Moderna Inc 's Quick Ratio

MRNA's Quick Ratio for the trailling 12 Months

MRNA Quick Ratio	(Sep 30 2026) 12 Months	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	22.47 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	14.38 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	2.89	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 3807	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	4.04 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	15.49 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to MRNA Financial Strength Comparisons >> Go to Compare MRNA Quick Ratio to its Competitors

On the trailing twelve months basis MRNA Cash & cash equivalent soared by 77.09 % in Q3 2026 year on year, faster than Current Liabilities, this led to increase in in Moderna Inc 's Quick Ratio to 2.89, above MRNA average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Biotechnology & Pharmaceuticals industry 139 other companies have achieved higher Quick Ratio than Moderna Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2026 from 875 to 3807.

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TTM Quick Ratio Company Ranking
Within:	No.
Within the Biotechnology & Pharmaceuticals Industry	# 140
Healthcare Sector	# 873
Within the Market	# 3807

trailing twelve months Quick Ratio Statistics
High	Average	Low
12.46	1.64	0.02
(Jun 30 2020)		(Mar 31 2018)

Companies with similar Quick Ratio in the quarter ending Sep 30 2026, within Biotechnology & Pharmaceuticals Industry	Quick Ratio	Sep 30 2026 MRQ Cash & cash equivalent	Sep 30 2026 MRQ Current Liabilities
Kalaris Therapeutics Inc	9.73	$ 82.856 Millions	$ 8.514 Millions
Zura Bio Limited	9.22	$ 187.652 Millions	$ 20.349 Millions
Protara Therapeutics Inc	8.83	$ 127.050 Millions	$ 14.391 Millions
Immunovant Inc	6.94	$ 722.274 Millions	$ 104.022 Millions
Repligen Corp	6.87	$ 862.979 Millions	$ 125.686 Millions
Compass Therapeutics Inc	6.69	$ 163.058 Millions	$ 24.368 Millions
Black Diamond Therapeutics Inc	6.62	$ 102.030 Millions	$ 15.405 Millions
Krystal Biotech Inc	6.45	$ 916.484 Millions	$ 142.144 Millions
Voyager Therapeutics Inc	6.35	$ 106.806 Millions	$ 16.813 Millions
Cabaletta Bio Inc	6.33	$ 299.383 Millions	$ 47.332 Millions
Cognition Therapeutics inc	6.00	$ 30.758 Millions	$ 5.128 Millions
Replimune Group Inc	5.57	$ 307.833 Millions	$ 55.271 Millions
Denali Therapeutics Inc	5.42	$ 516.196 Millions	$ 95.258 Millions
In8bio Inc	5.32	$ 13.973 Millions	$ 2.628 Millions
Scholar Rock Holding Corp	5.16	$ 413.599 Millions	$ 80.124 Millions
Revolution Medicines Inc	4.81	$ 3,651.385 Millions	$ 758.773 Millions
Caribou Biosciences Inc	4.71	$ 94.881 Millions	$ 20.144 Millions
Recursion Pharmaceuticals Inc	4.47	$ 549.853 Millions	$ 122.918 Millions
Ginkgo Bioworks Holdings Inc	4.33	$ 285.361 Millions	$ 65.849 Millions
Fate Therapeutics Inc	4.26	$ 139.132 Millions	$ 32.691 Millions
Kymera Therapeutics Inc	4.16	$ 373.374 Millions	$ 89.723 Millions
Monte Rosa Therapeutics Inc	4.16	$ 577.726 Millions	$ 139.022 Millions
Vir Biotechnology Inc	4.08	$ 454.635 Millions	$ 111.332 Millions
Moderna Inc	3.93	$ 7,976.000 Millions	$ 2,028.000 Millions
Immunocore Holdings Plc	3.93	$ 901.298 Millions	$ 229.619 Millions
Alector Inc	3.92	$ 138.697 Millions	$ 35.415 Millions
Dbv Technologies S a	3.89	$ 165.700 Millions	$ 42.600 Millions
Regenxbio Inc	3.71	$ 250.976 Millions	$ 67.684 Millions
Tenaya Therapeutics Inc	3.55	$ 66.797 Millions	$ 18.804 Millions
Intensity Therapeutics Inc	3.29	$ 8.494 Millions	$ 2.582 Millions

Date modified: 2026-11-08T13:43:39+00:00

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