Maravai Lifesciences Holdings (MRVI) Operating Margin (2020 - 2026)
Maravai Lifesciences Holdings' Operating Margin came in at -29.33% for Q2 2026, up 110.50 percentage points from -139.84% a year earlier but down 26.05 percentage points from the prior quarter.
Maravai Lifesciences Holdings (MRVI) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Maravai Lifesciences Holdings reported Operating Margin of -56.08%, up 88.92 percentage points year-over-year; for FY2025, it was -115.89%, down 24.99 percentage points from FY2024.
- Operating Margin has declined in each of the last four years, with a five-year change of -158.10 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -90.91% in FY2024 (-79.95 pp), -10.95% in FY2023 (-75.98 pp), 65.03% in FY2022 (-4.37 pp) and 69.40% in FY2021 (+27.19 pp).
- The five-year range for quarterly Operating Margin is -239.93% (Q3 2024) to 75.87% (Q3 2021).
- Year-over-year, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -20.95 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2025 (a gain of 141.37 percentage points), and the weakest in Q3 2024 (a drop of 216.88 percentage points).
- Business Quant data shows MRVI's Operating Margin at -3.28% (Q1 2026), -117.91% (Q4 2025) and -98.56% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 21.65% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 13.31% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 29.48% |
| 10 | Maravai Lifesciences Holdings | 1.98 Bn | 1.44 Bn | 20.65 Mn | -29.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -29.33% |
| Mar 31, 2026 | -3.28% |
| Dec 31, 2025 | -117.91% |
| Sep 30, 2025 | -98.56% |
| Jun 30, 2025 | -139.84% |
| Mar 31, 2025 | -104.93% |
| Dec 31, 2024 | -66.66% |
| Sep 30, 2024 | -239.93% |
| Jun 30, 2024 | -19.36% |
| Mar 31, 2024 | -29.39% |
| Dec 31, 2023 | -9.64% |
| Sep 30, 2023 | -23.06% |
| Jun 30, 2023 | -16.85% |
| Mar 31, 2023 | 3.21% |
| Dec 31, 2022 | 53.37% |
| Sep 30, 2022 | 61.12% |
| Jun 30, 2022 | 74.44% |
| Mar 31, 2022 | 68.51% |
| Dec 31, 2021 | 67.65% |
| Sep 30, 2021 | 75.87% |
Maravai Lifesciences Holdings Operating 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=operating-margin&ticker=MRVI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MRVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();