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
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