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| 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 |