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.
Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales
Revenue in the third quarter was down 45 percent from the third quarter of the prior year.
Moderna COVID-19 vaccine, in this file illustration image. Joe Raedle/Getty Images
