8-K Announcements
6Feb 25, 2026·SEC
Nov 6, 2025·SEC
Oct 27, 2025·SEC
Maravai LifeSciences Holdings, Inc. (MRVI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Maravai LifeSciences Holdings, Inc. (MRVI) stock price & volume — 10-year historical chart
Maravai LifeSciences Holdings, Inc. (MRVI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Maravai LifeSciences Holdings, Inc. (MRVI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.04vs $0.07+42.9% | $50Mvs $49M+1.7% |
| Q4 2025 | Nov 6, 2025 | $0.08vs $0.06-33.3% | $42Mvs $49M-15.1% |
| Q3 2025 | Aug 11, 2025 | $0.08vs $0.06-33.3% | $47Mvs $50M-5.4% |
| Q2 2025 | May 12, 2025 | $0.08vs $0.07-14.3% | $47Mvs $44M+6.5% |
Maravai LifeSciences Holdings, Inc. (MRVI) competitors in Life Science Tools and Reagents — business model, growth, and fundamentals comparison
Maravai LifeSciences Holdings, Inc. (MRVI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Maravai LifeSciences Holdings, Inc. (MRVI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 123.83M | 143.14M | 284.1M | 799.24M | 883M | 288.94M | 259.19M | 49.87M |
| Revenue Growth % | - | 15.59% | 98.48% | 181.33% | 10.48% | -67.28% | -10.3% | -80.76% |
| Cost of Goods Sold | 60.77M | 66.85M | 79.65M | 140.56M | 168.96M | 148.74M | 150.88M | 37.02M |
| COGS % of Revenue | 49.07% | 46.7% | 28.04% | 17.59% | 19.13% | 51.48% | 58.21% | 74.25% |
| Gross Profit | 63.07M▲ 0% | 76.29M▲ 21.0% | 204.45M▲ 168.0% | 658.68M▲ 222.2% | 714.04M▲ 8.4% | 140.2M▼ 80.4% | 108.31M▼ 22.7% | 12.84M▼ 88.1% |
| Gross Margin % | 50.93% | 53.3% | 71.96% | 82.41% | 80.87% | 48.52% | 41.79% | 25.75% |
| Gross Profit Growth % | - | 20.97% | 167.99% | 222.17% | 8.41% | -80.37% | -22.75% | -88.14% |
| Operating Expenses | 45.69M | 52.3M | 84.55M | 104.03M | 139.83M | 171.85M | 343.93M | 411.72M |
| OpEx % of Revenue | 36.9% | 36.54% | 29.76% | 13.02% | 15.84% | 59.48% | 132.7% | 825.65% |
| Selling, General & Admin | 41.19M | 48.35M | 94.25M | 100.06M | 129.26M | 151.39M | 161.77M | 187.86M |
| SG&A % of Revenue | 33.27% | 33.78% | 33.17% | 12.52% | 14.64% | 52.39% | 62.42% | 376.73% |
| Research & Development | 4.5M | 3.63M | 9.3M | 15.22M | 18.37M | 17.28M | 19.22M | 23.33M |
| R&D % of Revenue | 3.63% | 2.53% | 3.27% | 1.9% | 2.08% | 5.98% | 7.42% | 46.78% |
| Other Operating Expenses | 87K | 322K | -19M | -11.25M | -7.8M | 3.18M | 162.93M | 200.53M |
| Operating Income | 16.44M▲ 0% | 23.99M▲ 45.9% | 119.9M▲ 399.8% | 554.64M▲ 362.6% | 574.22M▲ 3.5% | -31.65M▼ 105.5% | -235.62M▼ 644.5% | -215.27M▲ 8.6% |
| Operating Margin % | 13.27% | 16.76% | 42.2% | 69.4% | 65.03% | -10.95% | -90.91% | -431.69% |
| Operating Income Growth % | - | 45.95% | 399.84% | 362.58% | 3.53% | -105.51% | -644.49% | 8.64% |
| EBITDA | 38.78M | 48.07M | 145.74M | 579.4M | 612.32M | 17.13M | -178.75M | -230.18M |
| EBITDA Margin % | 31.32% | 33.58% | 51.3% | 72.49% | 69.35% | 5.93% | -68.97% | -461.59% |
| EBITDA Growth % | - | 23.95% | 203.17% | 297.56% | 5.68% | -97.2% | -1143.32% | -28.77% |
| D&A (Non-Cash Add-back) | 22.35M | 24.08M | 25.84M | 24.75M | 38.1M | 48.78M | 56.87M | -14.91M |
| EBIT | 10.9M | 24.11M | 112.44M | 561.02M | 571.89M | 663.63M | -213.78M | 0 |
| Net Interest Income | -27.4M | -29.96M | -30.74M | -30.26M | -18.08M | -18.16M | -20.3M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 2.34M | 27.73M | 27.4M | -6.67M |
| Interest Expense | 27.4M | 29.96M | 30.74M | 30.26M | 20.41M | 45.89M | 47.7M | -26.86M |
| Other Income/Expense | -32.93M | -29.84M | -38.21M | -23.88M | -22.74M | 649.38M | -25.86M | -19.71M |
| Pretax Income | -16.5M▲ 0% | -5.85M▲ 64.5% | 81.7M▲ 1495.8% | 530.76M▲ 549.7% | 551.47M▲ 3.9% | 617.74M▲ 12.0% | -261.48M▼ 142.3% | -234.97M▲ 10.1% |
| Pretax Margin % | -13.32% | -4.09% | 28.76% | 66.41% | 62.45% | 213.79% | -100.89% | -471.21% |
| Income Tax | 417K | -652K | 2.88M | 61.52M | 60.81M | 756.11M | -1.86M | -57.37M |
| Effective Tax Rate % | -2.53% | 11.14% | 3.53% | 11.59% | 11.03% | 122.4% | 0.71% | 24.41% |
| Net Income | -17.73M▲ 0% | -8.49M▲ 52.1% | 76.89M▲ 1006.1% | 182.04M▲ 136.8% | 220.21M▲ 21.0% | -119.03M▼ 154.1% | -144.85M▼ 21.7% | -130.77M▲ 9.7% |
| Net Margin % | -14.32% | -5.93% | 27.06% | 22.78% | 24.94% | -41.19% | -55.89% | -262.25% |
| Net Income Growth % | - | 52.14% | 1006.06% | 136.76% | 20.97% | -154.05% | -21.69% | 9.72% |
| Net Income (Continuing) | -16.91M | -5.2M | 78.82M | 469.25M | 490.66M | -138.38M | -259.62M | 0 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.61M | 3.23M | 66.23M | 229.86M | 360.02M | 373.13M | 251.92M | 160.33M |
| EPS (Diluted) | -0.20▲ 0% | -0.05▲ 73.1% | 2.36▲ 4486.6% | 1.56▼ 33.9% | 1.67▲ 7.1% | -0.90▼ 153.9% | -1.05▼ 16.7% | -0.24▲ 77.1% |
| EPS Growth % | - | 73.1% | 4486.62% | -33.9% | 7.05% | -153.89% | -16.67% | 77.14% |
| EPS (Basic) | -0.20 | -0.05 | 7.43 | 1.59 | 1.67 | -0.90 | -1.05 | -0.24 |
| Diluted Shares Outstanding | 88.97M | 96.65M | 96.65M | 121.97M | 131.69M | 131.92M | 137.91M | 145.07M |
| Basic Shares Outstanding | 88.97M | 96.65M | 96.65M | 114.79M | 131.54M | 131.92M | 137.91M | 145.07M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Maravai LifeSciences Holdings, Inc. (MRVI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 53.8M | 60.55M | 331.6M | 740.04M | 847.9M | 699.91M | 429.15M | 296.25M |
| Cash & Short-Term Investments | 21.87M | 24.7M | 236.18M | 551.27M | 632.14M | 574.96M | 322.4M | 216.89M |
| Cash Only | 21.87M | 24.7M | 236.18M | 551.27M | 632.14M | 574.96M | 322.4M | 216.89M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.99M | 18.03M | 51.02M | 117.51M | 146.81M | 55.72M | 38.52M | 25.5M |
| Days Sales Outstanding | 47.13 | 45.98 | 65.55 | 53.67 | 60.69 | 70.39 | 54.25 | 186.64 |
| Inventory | 14.31M | 14.2M | 33.3M | 51.56M | 43.15M | 51.4M | 50.08M | 40.49M |
| Days Inventory Outstanding | 85.94 | 77.54 | 152.61 | 133.88 | 93.22 | 126.12 | 121.16 | 399.22 |
| Other Current Assets | 0 | 800K | 0 | 0 | 25.8M | 17.83M | 18.14M | 13.37M |
| Total Non-Current Assets | 485.87M | 517.24M | 939.09M | 1.18B | 1.43B | 787.54M | 579.1M | 69.92M |
| Property, Plant & Equipment | 42.58M | 94.31M | 101.31M | 95.43M | 116.59M | 222.65M | 217.03M | 1.22M |
| Fixed Asset Turnover | 2.91x | 1.52x | 2.80x | 8.38x | 7.57x | 1.30x | 1.19x | 41.01x |
| Goodwill | 224.28M | 224.28M | 224.28M | 152.77M | 283.67M | 326.03M | 159.88M | 68.71M |
| Intangible Assets | 218.13M | 197.85M | 177.66M | 117.57M | 216.66M | 220.99M | 194.96M | 151.54M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 11.36M | 8.56M | 0 | 0 |
| Other Non-Current Assets | 894K | 805K | 4.16M | 4.36M | 40.33M | 9.32M | 7.24M | 0 |
| Total Assets | 539.68M▲ 0% | 577.8M▲ 7.1% | 1.27B▲ 119.9% | 1.92B▲ 51.0% | 2.28B▲ 19.0% | 1.49B▼ 34.8% | 1.01B▼ 32.2% | 770.58M▼ 23.6% |
| Asset Turnover | 0.23x | 0.25x | 0.22x | 0.42x | 0.39x | 0.19x | 0.26x | 0.06x |
| Asset Growth % | - | 7.06% | 119.92% | 50.96% | 18.98% | -34.83% | -32.22% | -23.57% |
| Total Current Liabilities | 35.92M | 29.56M | 130.78M | 93.78M | 110.14M | 87.47M | 56.97M | 44.92M |
| Accounts Payable | 3.6M | 7.48M | 2.98M | 8.15M | 5.99M | 10.73M | 11.96M | 0 |
| Days Payables Outstanding | 21.65 | 40.83 | 13.68 | 21.17 | 12.94 | 26.33 | 28.93 | - |
| Short-Term Debt | 2.5M | 2.5M | 6M | 6M | 5.44M | 5.44M | 5.44M | 5.44M |
| Deferred Revenue (Current) | 1.09M | 841K | 78.06M | 12.64M | 3.09M | 3.36M | 3.29M | 0 |
| Other Current Liabilities | 22.17M | 11.08M | 4.17M | 18.89M | 69.48M | 47.62M | 0 | 39.48M |
| Current Ratio | 1.50x | 2.05x | 2.54x | 7.89x | 7.70x | 8.00x | 7.53x | 6.60x |
| Quick Ratio | 1.10x | 1.57x | 2.28x | 7.34x | 7.31x | 7.41x | 6.65x | 5.69x |
| Cash Conversion Cycle | 111.43 | 82.69 | 204.47 | 166.37 | 140.97 | 170.19 | 146.48 | - |
| Total Non-Current Liabilities | 355.74M | 403.61M | 985.17M | 1.28B | 1.27B | 610.1M | 374.06M | 352.95M |
| Long-Term Debt | 335.55M | 334.78M | 528.61M | 524.59M | 522M | 518.71M | 290.49M | 30.14M |
| Capital Lease Obligations | 1.84M | 52.92M | 56.17M | 40.91M | 51.56M | 79.41M | 72.49M | 0 |
| Deferred Tax Liabilities | 15.86M | 14.7M | 8.61M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.5M | 1.21M | 391.78M | 713.64M | 693.38M | 11.98M | 11.09M | 322.81M |
| Total Liabilities | 391.66M | 433.17M | 1.12B | 1.37B | 1.38B | 697.57M | 431.04M | 397.87M |
| Total Debt | 339.89M | 390.2M | 590.78M | 575.22M | 585.26M | 610.97M | 376.69M | 35.58M |
| Net Debt | 318.02M | 365.5M | 354.6M | 23.95M | -46.88M | 36.01M | 54.29M | -181.31M |
| Debt / Equity | 2.30x | 2.70x | 3.82x | 1.05x | 0.65x | 0.77x | 0.65x | 0.10x |
| Debt / EBITDA | 8.76x | 8.12x | 4.05x | 0.99x | 0.96x | 35.66x | - | - |
| Net Debt / EBITDA | 8.20x | 7.60x | 2.43x | 0.04x | -0.08x | 2.10x | - | - |
| Interest Coverage | 0.60x | 0.80x | 3.90x | 18.33x | 28.13x | -0.69x | -4.94x | - |
| Total Equity | 148.02M▲ 0% | 144.63M▼ 2.3% | 154.75M▲ 7.0% | 545.36M▲ 252.4% | 905.24M▲ 66.0% | 789.88M▼ 12.7% | 577.21M▼ 26.9% | 372.71M▼ 35.4% |
| Equity Growth % | - | -2.29% | 7% | 252.42% | 65.99% | -12.74% | -26.92% | -35.43% |
| Book Value per Share | 1.66 | 1.50 | 1.60 | 4.47 | 6.87 | 5.99 | 4.19 | 2.57 |
| Total Shareholders' Equity | 144.41M | 141.4M | 88.51M | 315.5M | 545.22M | 416.75M | 325.29M | 212.38M |
| Common Stock | 182.81M | 183.91M | 2.58M | 2.55M | 2.55M | 2.51M | 2.53M | 2.56M |
| Retained Earnings | -38.24M | -42.38M | 854K | 184.56M | 404.77M | 285.74M | 140.89M | 10.12M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -167K | -133K | -44K | 0 | 0 | 0 | 0 | 524K |
| Minority Interest | 3.61M | 3.23M | 66.23M | 229.86M | 360.02M | 373.13M | 251.92M | 160.33M |
Maravai LifeSciences Holdings, Inc. (MRVI) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -186K | 24.11M | 152.19M | 368.57M | 535.98M | 126.22M | 7.46M | -57.57M |
| Operating CF Margin % | -0.15% | 16.85% | 53.57% | 46.12% | 60.7% | 43.68% | 2.88% | -115.46% |
| Operating CF Growth % | - | 13065.05% | 531.09% | 142.18% | 45.42% | -76.45% | -94.09% | -871.24% |
| Net Income | -16.91M | -5.2M | 78.82M | 469.25M | 490.66M | -119.03M | -259.62M | -230.76M |
| Depreciation & Amortization | 22.35M | 24.08M | 25.84M | 24.75M | 38.1M | 48.78M | 56.87M | 0 |
| Stock-Based Compensation | 2.12M | 1.68M | 24.63M | 10.46M | 18.67M | 34.59M | 49.41M | 0 |
| Deferred Taxes | 317K | -1.16M | -5.46M | 46.9M | 42.32M | 754.94M | 2.32M | -4.21M |
| Other Non-Cash Items | 7.79M | 2.42M | -7.52M | -6.16M | -8.7M | -690.9M | 171.1M | 177.4M |
| Working Capital Changes | -15.84M | 2.29M | 35.89M | -176.63M | -45.08M | 97.84M | -12.61M | 0 |
| Change in Receivables | -4.15M | -1.89M | -33.14M | -70.39M | -22.27M | 84.39M | 14.36M | 0 |
| Change in Inventory | 2.31M | 106K | -19.1M | -21.57M | 9.46M | 649K | 377K | 0 |
| Change in Payables | -871K | 2.47M | 1.18M | 676K | -1.58M | 5.28M | 723K | 0 |
| Cash from Investing | -3.45M | -17.15M | 6.07M | 105.66M | -267.61M | -122.31M | -24.32M | -31.41M |
| Capital Expenditures | -3.61M | -17.15M | -25.41M | -14.85M | -17.09M | -65.55M | -29.66M | 0 |
| CapEx % of Revenue | 2.92% | 11.98% | 8.94% | 1.86% | 1.94% | 22.69% | 11.44% | 26.37% |
| Acquisitions | 160K | 0 | -3.02M | 119.96M | -238.35M | -69.62M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 160K | 0 | 34.5M | 548K | -12.17M | 12.87M | 5.34M | -31.41M |
| Cash from Financing | -9.17M | -4.17M | 53.21M | -159.05M | -187.5M | -61.09M | -235.71M | -16.5M |
| Debt Issued (Net) | 55.43M | -2.64M | 196.92M | -6M | -5.44M | -5.77M | -234.07M | 0 |
| Equity Issued (Net) | -9K | -227K | -1000K | 1000K | 1000K | -20K | -1000K | 0 |
| Dividends Paid | -52.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -9K | -227K | -1.46B | 0 | 0 | -20K | -2.08M | 0 |
| Other Financing | -12.53M | -1.3M | -100.91M | -154.76M | -184.42M | -55.3M | 443K | -16.5M |
| Net Change in Cash | -12.87M▲ 0% | 2.83M▲ 122.0% | 211.48M▲ 7362.4% | 315.09M▲ 49.0% | 80.87M▼ 74.3% | -57.18M▼ 170.7% | -252.56M▼ 341.7% | -105.51M▲ 58.2% |
| Free Cash Flow | -3.8M▲ 0% | 6.97M▲ 283.5% | 126.78M▲ 1719.7% | 353.72M▲ 179.0% | 518.89M▲ 46.7% | 60.67M▼ 88.3% | -22.19M▼ 136.6% | -70.72M▼ 218.7% |
| FCF Margin % | -3.07% | 4.87% | 44.63% | 44.26% | 58.76% | 21% | -8.56% | -141.82% |
| FCF Growth % | - | 283.49% | 1719.71% | 179.01% | 46.69% | -88.31% | -136.58% | -218.67% |
| FCF per Share | -0.04 | 0.07 | 1.31 | 2.90 | 3.94 | 0.46 | -0.16 | -0.49 |
| FCF Conversion (FCF/Net Income) | 0.01x | -2.84x | 1.98x | 2.02x | 2.43x | -1.06x | -0.05x | 0.44x |
| Interest Paid | 25.68M | 28.73M | 28.92M | 27.23M | 20.2M | 0 | 50.97M | 0 |
| Taxes Paid | 97K | 802K | 5.01M | 22.47M | 23.03M | 0 | 670K | 0 |
Maravai LifeSciences Holdings, Inc. (MRVI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -11.98% | -5.8% | 51.37% | 52% | 30.36% | -14.04% | -21.19% | -27.53% |
| Return on Invested Capital (ROIC) | 2.65% | 3.69% | 17.64% | 77.13% | 60.33% | -2.82% | -24.25% | -39.24% |
| Gross Margin | 50.93% | 53.3% | 71.96% | 82.41% | 80.87% | 48.52% | 41.79% | 25.75% |
| Net Margin | -14.32% | -5.93% | 27.06% | 22.78% | 24.94% | -41.19% | -55.89% | -262.25% |
| Debt / Equity | 2.30x | 2.70x | 3.82x | 1.05x | 0.65x | 0.77x | 0.65x | 0.10x |
| Interest Coverage | 0.60x | 0.80x | 3.90x | 18.33x | 28.13x | -0.69x | -4.94x | - |
| FCF Conversion | 0.01x | -2.84x | 1.98x | 2.02x | 2.43x | -1.06x | -0.05x | 0.44x |
| Revenue Growth | - | 15.59% | 98.48% | 181.33% | 10.48% | -67.28% | -10.3% | -80.76% |
Maravai LifeSciences Holdings, Inc. (MRVI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 25, 2026·SEC
Nov 6, 2025·SEC
Oct 27, 2025·SEC
Maravai LifeSciences Holdings, Inc. (MRVI) stock FAQ — growth, dividends, profitability & financials explained
Maravai LifeSciences Holdings, Inc. (MRVI) reported $185.7M in revenue for fiscal year 2025. This represents a 50% increase from $123.8M in 2018.
Maravai LifeSciences Holdings, Inc. (MRVI) saw revenue decline by 80.8% over the past year.
Maravai LifeSciences Holdings, Inc. (MRVI) reported a net loss of $130.8M for fiscal year 2025.
Maravai LifeSciences Holdings, Inc. (MRVI) has a return on equity (ROE) of -27.5%. Negative ROE indicates the company is unprofitable.
Maravai LifeSciences Holdings, Inc. (MRVI) had negative free cash flow of $45.8M in fiscal year 2025, likely due to heavy capital investments.
Maravai LifeSciences Holdings, Inc. (MRVI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates