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Moderna MRNA Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Contract with Customer, Liability by Product
Net product sales$95M-11.2%$107M-25.7%$144M-34.8%$221M+43.5%$154M-18.1%
Other revenue$161M+11.0%$145M-17.6%$176M+184%$62M+114%$29M+26.1%

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Questions, answered.

How does Moderna break its business down?
Moderna (MRNA) reports contract with customer, liability by product across 2 parts — Net product sales and Other revenue. Each is extracted from the segment footnotes and tracked over time.
Where does Moderna's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Moderna's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.