Maravai Lifesciences Holdings (MRVI) Cost of Revenue (2020 - 2026)

Maravai Lifesciences Holdings' (MRVI) quarterly Cost of Revenue came in at $32.1 million in Q1 2026, down 17.86% year-on-year from $39.1 million in Q1 2025, and down 13.2% quarter-over-quarter from $37.0 million in Q4 2025.

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.

  • On a quarterly basis, Cost of Revenue fell 17.86% year-over-year to $32.1 million in Q1 2026; TTM through Mar 2026 was $144.8 million, a 4.55% decrease from a year earlier, with the FY2025 full-year figure at $151.8 million, up 0.58% from the prior year.
  • Cost of Revenue retreated to $32.1 million in Q1 2026 per MRVI's latest filing, from $37.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $53.3 million in Q4 2022 and bottomed 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.
  • Across the five-year window, Cost of Revenue soared 36.06% in 2022 and tumbled 34.07% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $53.3 million in 2022, then slumped by 34.07% to $35.1 million in 2023, then grew by 5.87% to $37.2 million in 2024, then dropped by 0.39% to $37.0 million in 2025, then fell by 13.2% to $32.1 million in 2026.
  • Per Business Quant, the three latest MRVI Cost of Revenue figures stand at $32.1 million (Q1 2026), $37.0 million (Q4 2025), and $36.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Oculis Holding AG 66,621.14 Bn 66,620.85 Bn - -
2 Nanobiotix 1,915.18 Bn 1,915.11 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.27 Bn 466.48 Bn 1.35 Bn 167.22 Mn
5 Vertex Pharmaceuticals 121.81 Bn 114.57 Bn 2.59 Bn 392.80 Mn
6 Regeneron Pharmaceuticals 69.58 Bn 60.82 Bn 3.31 Bn 296.00 Mn
7 Belite Bio 62.72 Bn 62.72 Bn - -
8 Argenx Se 55.51 Bn 50.33 Bn 1.41 Bn 145.00 Mn
9 Revolution Medicines 37.35 Bn 37.35 Bn - -
10 Maravai Lifesciences Holdings 975.93 Mn 810.01 Mn 33.70 Mn 32.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.14 Mn
Mar 31, 2026 32.14 Mn
Dec 31, 2025 37.02 Mn
Dec 31, 2025 37.02 Mn
Sep 30, 2025 35.98 Mn
Sep 30, 2025 35.98 Mn
Jun 30, 2025 39.63 Mn
Jun 30, 2025 39.63 Mn
Mar 31, 2025 39.13 Mn
Mar 31, 2025 39.13 Mn
Dec 31, 2024 37.17 Mn
Dec 31, 2024 37.17 Mn
Sep 30, 2024 36.79 Mn
Sep 30, 2024 36.79 Mn
Jun 30, 2024 38.58 Mn
Jun 30, 2024 38.58 Mn
Mar 31, 2024 38.34 Mn
Mar 31, 2024 38.34 Mn
Dec 31, 2023 35.11 Mn
Dec 31, 2023 35.11 Mn