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Moderna's Quarterly Revenue (Q1 2018 – Q2 2022, $ Million)

  • Moderna had $4,749 million in quarterly revenue in Q2 2022
  • In Q1 2022, Moderna reported its quarterly revenue of $6,066 million
  • 95.4% of Moderna’s total revenue was generated by Product sales

Moderna, an American pharmaceutical and biotechnology company reported quarterly revenue of $4,749 million in Q2 2022, a decline of 21.7% as compared to revenue of $6,066 million in Q1 2022.

Moderna segregates its revenue into three segments: Product sales ($4,531 million), Collaboration revenue ($35 million), and Grant revenue ($183 million). It generated 95.4% of its total revenue from product sales. On geographic basis, Moderna segregated its revenue into: the US, Europe, and the Rest of the World.

Moderna first started segregating its product sales in Q4 FY 2020. Moderna's COVID-19 vaccine supply agreements with the American government, the African Union, and Gavi, the Vaccine Alliance, account for the majority of its product sales revenue.

Moderna generated its revenue from grants from numerous publicly funded and privately funded organizations. Moderna has agreements with several institutions, including the Bill & Melinda Gates Foundation, the Defense Advanced Research Projects Agency of the United States government, and the Biomedical Advanced Research and Development Authority (BARDA).

Moderna generated revenue from agreements for collaboration covering research, licenses, services for product development, and the commercialization of certain goods and products. Through upfront payments, commercial milestone payments, license fees, option exercise fees, royalties, and other payments, these agreements generate revenue.

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