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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Moderna's Revenue by Segment

In fiscal year 2024, Moderna's revenue by segment (products & services) are as follows:

  • Collaboration Arrangement: $12.00 M
  • Grant: $37.00 M
  • Product Sales: $4.52 B

Learn more about Moderna’s Revenue by Geography

Check out competitors to Moderna in a side-by-side comparison.

Explore additional financial metrics for Moderna.

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The above chart shows Moderna's revenue percentage share by segment (products and services).

In fiscal year 2022, Moderna's revenue by segment is as follows:

  • Messenger RNA (mRNA) Medicines generated $19.26 B in revenue, representing 100% of its total revenue.

The biggest segment for Moderna is the Messenger RNA (mRNA) Medicines, which represents 100% of its total revenue.
The smallest segment for Moderna is the Messenger RNA (mRNA) Medicines, which represents 100% of its total revenue.

The above chart shows Moderna's revenue percentage share by segment (products and services).

In fiscal year 2023, Moderna's revenue by segment is as follows:

  • Messenger RNA (mRNA) Medicines generated $6.85 B in revenue, representing 100% of its total revenue.

The biggest segment for Moderna is the Messenger RNA (mRNA) Medicines, which represents 100% of its total revenue.
The smallest segment for Moderna is the Messenger RNA (mRNA) Medicines, which represents 100% of its total revenue.

The above chart shows Moderna's revenue percentage share by segment (products and services).

In fiscal year 2024, Moderna's revenue by segment is as follows:

  • Collaboration Arrangement generated $12.00 M in revenue, representing 0.26% of its total revenue.
  • Grant generated $37.00 M in revenue, representing 0.81% of its total revenue.
  • Product Sales generated $4.52 B in revenue, representing 98.93% of its total revenue.

The biggest segment for Moderna is the Product Sales, which represents 98.93% of its total revenue.
The smallest segment for Moderna is the Collaboration Arrangement, which represents 0.26% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Messenger RNA (mRNA) Medicines 100% 100% -
Collaboration Arrangement - - 0.26%
Grant - - 0.81%
Product Sales - - 98.93%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Moderna.

In fiscal year 2024, the Product Sales generated the most revenue ($4.52 B), and the Collaboration Arrangement generated the least revenue ($12.00 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Collaboration Arrangement revenue increased 100% ($12.00 M) from $0.00 (in 2023) to $12.00 M (in 2024).
  • Grant revenue increased 100% ($37.00 M) from $0.00 (in 2023) to $37.00 M (in 2024).
  • Messenger RNA (mRNA) Medicines revenue decreased -100% ($6.85 B) from $6.85 B (in 2023) to $0.00 (in 2024).
  • Product Sales revenue increased 100% ($4.52 B) from $0.00 (in 2023) to $4.52 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Collaboration Arrangement - - - - $12.00 M -
    Grant - - - - $37.00 M -
    Messenger RNA (mRNA) Medicines $19.26 B - $6.85 B
    64.45%
    - -
    Product Sales - - - - $4.52 B -
    Total Revenue $19.26 B - $6.85 B
    64.45%
    $4.57 B
    33.32%