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Maravai Lifesciences Holdings Inc (MRVI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · BIOTECHNOLOGY · DATA UPDATED 2026-08-29

Maravai Lifesciences Holdings Inc (MRVI) operates in the BIOTECHNOLOGY industry and is headquartered in San Diego, United States with about 415 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, MRVI reported $186M in revenue and ($131M) in net income.

Maravai LifeSciences Holdings, Inc., a life sciences company, provides products that enable the development of drug therapies, vaccines, drug therapies, cell and gene therapies, and diagnostics North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin and Central America.

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MRVI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Revenue$209M$186M$259M$289M$883M$799M$284M$143M$124M
Gross Profit$72M$33M$108M$140M$714M$659M$204M$76M$63M
Gross Margin %34.6%18.0%41.8%48.5%80.9%82.4%72.0%53.3%50.9%
Operating Income (EBIT)$96M($7M)($236M)($32M)$574M$555M$120M$24M$16M
Operating Margin %46.0%-3.6%-90.9%-10.9%65.0%69.4%42.2%16.8%13.3%
Net Income($77M)($131M)($145M)($119M)$220M$182M$77M($8M)($18M)
Net Margin %-37.1%-70.4%-55.9%-41.2%24.9%22.8%27.1%-5.9%-14.3%
EBITDA($57M)($147M)($157M)$712M$610M$586M$138M$48M$33M
Earnings Per Share (EPS)$-0.53$-0.90$-1.05$-0.90$1.67$1.49$0.80$-0.09$-0.20
Shares Outstanding (M)148M145M138M132M132M122M97M97M89M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MRVI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$51M$66M$50M$42M$47M$47M$56M$65M
Gross Profit$21M$34M$12M$6M$8M$8M$19M$28M
Gross Margin %40.1%51.2%24.6%13.6%16.4%16.5%33.6%43.5%
Operating Income (EBIT)($15M)$2M($7M)$115M($66M)($49M)($38M)($169M)
Operating Margin %-29.3%3.8%-13.5%277.3%-139.8%-104.9%-67.6%-259.4%
Net Income($12M)($4M)($36M)($26M)($40M)($30M)($26M)($99M)
Net Margin %-24.1%-5.7%-71.5%-61.4%-83.5%-63.9%-46.4%-151.9%
EBITDA($5M)$12M($42M)($22M)($52M)($31M)($21M)($148M)
Earnings Per Share (EPS)$-0.08$-0.03$-0.25$-0.18$-0.27$-0.21$-0.19$-0.70
Shares Outstanding (M)148M146M145M145M144M143M140M142M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MRVI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash from Operations (CFO)($25M)($58M)$7M$126M$536M$369M$152M$24M$0M
Capital Expenditures (CapEx)$10M$13M$30M$66M$17M$15M$25M$17M$4M
Free Cash Flow (FCF)($35M)($71M)($22M)$61M$519M$354M$127M$7M($4M)
FCF Margin %-16.8%-38.1%-8.6%21.0%58.8%44.3%44.6%4.9%-3.1%
Dividends Paid$153M$609M$97M$52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MRVI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$4M$9M($23M)($15M)($10M)($9M)($15M)$13M
Capital Expenditures (CapEx)$0M$4M$2M$3M$3M$5M$6M$10M
Free Cash Flow (FCF)$4M$4M($25M)($18M)($13M)($15M)($20M)$4M
FCF Margin %7.0%6.4%-49.9%-43.4%-27.7%-31.2%-36.3%5.4%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MRVI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$604M$771M$1.0B$1.5B$2.3B$1.9B$1.3B$578M$540M
Cash & Cash Equivalents$70M$217M$322M$575M$632M$551M$236M$25M$22M
Total Liabilities$248M$398M$431M$698M$1.4B$1.4B$1.1B$433M$392M
Total Debt (Short + Long-Term)$147M$292M$304M$532M$534M$534M$535M$337M$338M
Total Shareholders' Equity$205M$212M$325M$417M$545M$315M$89M$141M$144M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MRVI viewer.

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