Maravai Lifesciences Holdings (MRVI) Gross Margin (2020 - 2026)
Maravai Lifesciences Holdings' Gross Margin was 40.14% in Q2 2026, up 23.75 percentage points from 16.39% a year earlier but down 11.05 percentage points from the prior quarter.
Powered by 
Analysis
Maravai Lifesciences Holdings (MRVI) Gross Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Maravai Lifesciences Holdings' Gross Margin was 34.89% through Jun 30, 2026, up 4.36 percentage points year-over-year; for FY2025, it was 18.30%, down 23.49 percentage points from FY2024.
- Gross Margin has now declined for four consecutive years, with a five-year change of -53.66 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 41.79% in FY2024 (-6.73 pp), 48.52% in FY2023 (-32.34 pp), 80.87% in FY2022 (-1.55 pp) and 82.41% in FY2021 (+10.45 pp).
- Quarterly Gross Margin has moved between 13.58% (Q3 2025) and 84.55% (Q2 2022) over five years.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -6.48 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2026 (a gain of 34.70 percentage points); the worst was Q2 2023 (a drop of 47.35 percentage points).
- Per Business Quant data, MRVI's Gross Margin in the three quarters before Q2 2026 was 51.19% (Q1 2026), 25.75% (Q4 2025) and 13.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 77.46% |
| 10 | Maravai Lifesciences Holdings | 1.98 Bn | 1.44 Bn | 20.65 Mn | 40.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.14% |
| Mar 31, 2026 | 51.19% |
| Dec 31, 2025 | 25.75% |
| Sep 30, 2025 | 13.58% |
| Jun 30, 2025 | 16.39% |
| Mar 31, 2025 | 16.49% |
| Dec 31, 2024 | 34.28% |
| Sep 30, 2024 | 46.70% |
| Jun 30, 2024 | 44.42% |
| Mar 31, 2024 | 40.27% |
| Dec 31, 2023 | 52.65% |
| Sep 30, 2023 | 45.13% |
| Jun 30, 2023 | 37.21% |
| Mar 31, 2023 | 57.39% |
| Dec 31, 2022 | 73.99% |
| Sep 30, 2022 | 80.04% |
| Jun 30, 2022 | 84.55% |
| Mar 31, 2022 | 83.61% |
| Dec 31, 2021 | 82.87% |
| Sep 30, 2021 | 84.27% |
API Access
Maravai Lifesciences Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MRVI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MRVI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MRVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();