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Moderna (MRNA) Cost of Revenue: 2020-2025

Historic Cost of Revenue for Moderna (MRNA) over the last 5 years, with Sep 2025 value amounting to $207.0 million.

  • Moderna's Cost of Revenue fell 59.73% to $207.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.2 billion, marking a year-over-year decrease of 30.17%. This contributed to the annual value of $1.5 billion for FY2024, which is 68.80% down from last year.
  • As of Q3 2025, Moderna's Cost of Revenue stood at $207.0 million, which was up 73.95% from $119.0 million recorded in Q2 2025.
  • Moderna's 5-year Cost of Revenue high stood at $2.2 billion for Q3 2023, and its period low was $90.0 million during Q1 2025.
  • Its 3-year average for Cost of Revenue is $597.5 million, with a median of $514.0 million in 2024.
  • In the last 5 years, Moderna's Cost of Revenue spiked by 11,800.00% in 2021 and then plummeted by 87.88% in 2024.
  • Over the past 5 years, Moderna's Cost of Revenue (Quarterly) stood at $952.0 million in 2021, then soared by 101.47% to $1.9 billion in 2022, then crashed by 51.56% to $929.0 million in 2023, then dropped by 20.45% to $739.0 million in 2024, then crashed by 59.73% to $207.0 million in 2025.
  • Its Cost of Revenue was $207.0 million in Q3 2025, compared to $119.0 million in Q2 2025 and $90.0 million in Q1 2025.