Maravai Lifesciences Holdings (MRVI) Cost of Revenue (2020 - 2026)
Maravai Lifesciences Holdings (MRVI) posted quarterly Cost of Revenue of $32.1 million for Q1 2026, down 17.86% year-over-year from $39.1 million in Q1 2025, and down 13.2% quarter-over-quarter from $37.0 million in Q4 2025.
Analysis
Maravai Lifesciences Holdings (MRVI) Cost of Revenue (2020 - 2026) Analysis & Trends
Maravai Lifesciences Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $32.1 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 17.86% year-over-year to $32.1 million; the TTM figure through Mar 2026 stood at $144.8 million (down 4.55% YoY), while the FY2025 annual figure was $151.8 million, up 0.58% from the prior year.
- Cost of Revenue for Q1 2026 stood at $32.1 million, down from $37.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $53.3 million in Q4 2022, with the low at $32.1 million in Q1 2026.
- The 5-year median for Cost of Revenue is $37.5 million (2022), against an average of $38.4 million.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 36.06% in 2022, then slumped 34.07% in 2023.
- Maravai Lifesciences Holdings' Cost of Revenue stood at $53.3 million in 2022, then tumbled by 34.07% to $35.1 million in 2023, then climbed by 5.87% to $37.2 million in 2024, then slipped by 0.39% to $37.0 million in 2025, then declined by 13.2% to $32.1 million in 2026.
- Business Quant data shows MRVI's Cost of Revenue at $32.1 million in Q1 2026, $37.0 million in Q4 2025, and $36.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 489.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 360.70 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 145.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 93.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 174.53 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 298.26 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 67.21 Mn |
| 10 | Maravai Lifesciences Holdings | 1.09 Bn | 1.02 Bn | 20.65 Mn | 30.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.79 Mn |
| Mar 31, 2026 | 32.14 Mn |
| Dec 31, 2025 | 37.02 Mn |
| Sep 30, 2025 | 35.98 Mn |
| Jun 30, 2025 | 39.63 Mn |
| Mar 31, 2025 | 39.13 Mn |
| Dec 31, 2024 | 37.17 Mn |
| Sep 30, 2024 | 36.79 Mn |
| Jun 30, 2024 | 38.58 Mn |
| Mar 31, 2024 | 38.34 Mn |
| Dec 31, 2023 | 35.11 Mn |
| Sep 30, 2023 | 36.69 Mn |
| Jun 30, 2023 | 43.27 Mn |
| Mar 31, 2023 | 33.68 Mn |
| Dec 31, 2022 | 53.25 Mn |
| Sep 30, 2022 | 38.18 Mn |
| Jun 30, 2022 | 37.50 Mn |
| Mar 31, 2022 | 40.03 Mn |
| Dec 31, 2021 | 39.14 Mn |
| Sep 30, 2021 | 32.22 Mn |