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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Moderna's Revenue by Region

In fiscal year 2025, Moderna's revenue by geographical region are as follows:

  • Europe: $53.00 M
  • Rest Of The World: $603.00 M
  • UNITED STATES: $1.20 B

Learn more about Moderna’s Revenue by Products

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 geographical region.

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

  • Europe generated $1.36 B in revenue, representing 19.79% of its total revenue.
  • Rest Of The World generated $3.60 B in revenue, representing 52.54% of its total revenue.
  • UNITED STATES generated $1.90 B in revenue, representing 27.67% of its total revenue.

The biggest region for Moderna is the Rest Of The World, which represents 52.54% of its total revenue.
The smallest region for Moderna is the Europe, which represents 19.79% of its total revenue.

The above chart shows Moderna's revenue percentage share by geographical region.

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

  • Europe generated $598.00 M in revenue, representing 18.73% of its total revenue.
  • Rest Of The World generated $810.00 M in revenue, representing 25.37% of its total revenue.
  • UNITED STATES generated $1.79 B in revenue, representing 55.9% of its total revenue.

The biggest region for Moderna is the UNITED STATES, which represents 55.9% of its total revenue.
The smallest region for Moderna is the Europe, which represents 18.73% of its total revenue.

The above chart shows Moderna's revenue percentage share by geographical region.

In fiscal year 2025, Moderna's revenue by region is as follows:

  • Europe generated $53.00 M in revenue, representing 2.86% of its total revenue.
  • Rest Of The World generated $603.00 M in revenue, representing 32.51% of its total revenue.
  • UNITED STATES generated $1.20 B in revenue, representing 64.64% of its total revenue.

The biggest region for Moderna is the UNITED STATES, which represents 64.64% of its total revenue.
The smallest region for Moderna is the Europe, which represents 2.86% of its total revenue.
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Summary Table

Geography (Percent Share) 2023 2024 2025
Europe 19.79% 18.73% 2.86%
Rest Of The World 52.54% 25.37% 32.51%
UNITED STATES 27.67% 55.9% 64.64%
Total Revenue 100% 100% 100%

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

In fiscal year 2025, the UNITED STATES generated the most revenue ($1.20 B), and the Europe generated the least revenue ($53.00 M).

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

  • Europe revenue decreased -91.14% ($545.00 M) from $598.00 M (in 2024) to $53.00 M (in 2025).
  • Rest Of The World revenue decreased -25.56% ($207.00 M) from $810.00 M (in 2024) to $603.00 M (in 2025).
  • UNITED STATES revenue decreased -32.83% ($586.00 M) from $1.79 B (in 2024) to $1.20 B (in 2025).
    • Continue reading...

    Summary Table

    Region 2023
    Value Change
    		2024
    Value Change
    		2025
    Value Change
    Europe $1.36 B - $598.00 M
    55.87%
    		$53.00 M
    91.14%
    Rest Of The World $3.60 B - $810.00 M
    77.49%
    		$603.00 M
    25.56%
    UNITED STATES $1.90 B - $1.79 B
    5.80%
    		$1.20 B
    32.83%
    Total Revenue $6.85 B - $3.19 B
    53.37%
    		$1.86 B
    41.90%

    Frequently Asked Questions

    What was Moderna's largest region last year?

    In fiscal year 2025, UNITED STATES revenue reached $1.20 Billion, representing 64.64% of Moderna's total revenue and making it the largest region for the company.

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