Maravai LifeSciences Holdings, Inc.

MRVI Healthcare Biotechnology

Maravai LifeSciences Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $185.7 million, down 28.3% from fiscal 2024.

Revenue
+10.1%
EPS
+50.0%
Free cash flow
+123.9%
Total debt
−45.4%

Quarter to September 2026, against a year earlier

7.52 0.54 +7.74%
Market cap
$1.8B
P/E
0.0×
Fwd P/E
−24.4×
Dividend yield
—
F-score
2/9
Altman Z
0.44
Beneish M
−3.30
Dividend safety
n/a

Maravai LifeSciences Holdings, Inc. (MRVI) Operating margin

Alert me on Operating margin

Maravai LifeSciences Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was −45.4%, up 70.5 percentage points from fiscal 2025 (−115.9%). Over the past ten years it has ranged from −115.9% (fiscal 2025) to 69.4% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Biotechnology industry median of 0.00% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −115.9% (24.98)
FY2024 −90.9% (79.96)
FY2023 −11.0% (75.98)
FY2022 65.0% (4.37)
FY2021 69.4% 27.20
FY2020 42.2% 25.44
FY2019 16.8% 3.49
FY2018 13.3% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −45.0% (15.64)
Jun 2026 −29.3% (26.05)
Mar 2026 −3.28% 114.63
Dec 2025 −117.9% (19.35)
24 more quarters

Against its own ten years

Low −115.9% High 69.4%
Ten-year median 15.0%
Current reading's percentile 38

Operating margin against peers

Company Operating margin
HRMY Harmony Biosciences Holdings, Inc. compare 22.2%
REPL Replimune Group, Inc. compare 0.00%
TRAX First Tracks Biotherapeutics, Inc. compare 0.00%
MAZE Maze Therapeutics, Inc. compare 0.00%
TRVI Trevi Therapeutics, Inc. compare 0.00%
SRPT Sarepta Therapeutics, Inc. compare −2.50%
MRVI Maravai LifeSciences Holdings, Inc. −45.4%
VIR Vir Biotechnology, Inc. compare −69.8%
MESO Mesoblast Limited compare −826.3%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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