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moderna-projects-lower-revenue-in-2025-due-to-flagging-covid-19-vaccine-sales
Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales

Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales

Last updated: November 7, 2025 12:48 am
By Zachary Stieber
1 Min Read
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Revenue in the third quarter was down 45 percent from the third quarter of the prior year.

Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales

Moderna COVID-19 vaccine, in this file illustration image. Joe Raedle/Getty Images

Zachary Stieber

11/6/2025|Updated: 11/6/2025

Moderna on Nov. 6 revised its revenue projections for 2025 after third-quarter sales plummeted from a year prior.

Moderna made just $1 billion in the third quarter, down 45 percent from the $1.9 billion it made in the third quarter of 2024.

Zachary Stieber

Zachary Stieber

Senior Reporter

Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]

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