Maravai Lifesciences Holdings (MRVI) Cost of Revenue (2020 - 2026)
Maravai Lifesciences Holdings (MRVI) recorded quarterly Cost of Revenue of $32.1 million in Q1 2026, down 13.2% quarter-over-quarter from $37.0 million in Q4 2025, and down 17.86% on a YoY basis from $39.1 million in Q1 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.
- 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 was $32.1 million for Q1 2026 at Maravai Lifesciences Holdings, down from $37.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $53.3 million in Q4 2022 to a low of $32.1 million in Q1 2026.
- Historically, Cost of Revenue has averaged $38.4 million across 5 years, with a median of $37.5 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 36.06% in 2022, then tumbled 34.07% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $53.3 million in 2022, then plunged 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.
- The last three Cost of Revenue figures came in at $32.1 million (Q1 2026), $37.0 million (Q4 2025), and $36.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | - |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | - |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | - |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | 2.05 Mn |
| 10 | Maravai Lifesciences Holdings | 743.11 Mn | 734.71 Mn | 33.70 Mn | 32.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |