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Companies / Health Care / Maravai LifeSciences Holdings, Inc.
MRVI

Maravai LifeSciences Holdings, Inc.

Health CarePharmaceutical Preparations
Ticker MRVISAN DIEGO, CAFiscal year ends DecemberBook value per share $1.33Diluted shares 147.8M

Maravai LifeSciences Holdings, Inc. (Nasdaq: MRVI) provides products and services used in developing drugs, therapeutics, vaccines and diagnostics, and in research on human disease. Its customers include biopharmaceutical and biotechnology companies, life science research organizations, academic institutions and… From the company’s description.

Over the twelve months to Sep 30, 2026, Maravai LifeSciences Holdings, Inc. reported revenue of $213.00M, up 10.8% from a year earlier, and a net loss of $115.02M. Its operating margin was −45.4%, and operations used $5.10M in cash. In fiscal 2025, it reported revenue of $185.74M, down 28.3% from fiscal 2024, and a net loss of $230.76M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$185.74MFY2025
−28.3% year over year
Last 12 mo $213.00M
-115.89%FY2025
−25 percentage points
Last 12 mo -45.38%
$-230.76MFY2025
+11.1% year over year
Last 12 mo $-115.02M
-20.10%FY2025
−26.6 percentage points
Last 12 mo -11.99%
Cash & financing
$-57.57MFY2025
−871.2% year over year
Last 12 mo $-5.10M
$-70.72MFY2025
−218.7% year over year
Last 12 mo $-12.54M
1.52FY2025
Was 1.01× a year earlier
Last 12 mo 0.90
144.4MFY2025
+4.7% year over year
Last 12 mo 147.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Maravai LifeSciences Holdings, Inc. does

In the company’s own words

Maravai LifeSciences Holdings, Inc. (Nasdaq: MRVI) provides products and services used in developing drugs, therapeutics, vaccines and diagnostics, and in research on human disease. Its customers include biopharmaceutical and biotechnology companies, life science research organizations, academic institutions and diagnostics companies. Maravai operates through two reportable segments: TriLink, which supplies complex nucleic acids, mRNA manufacturing services, oligonucleotides, synthesis inputs, specialty enzymes and related technologies, and Cygnus, which provides biologics safety testing products and services, including host cell protein assays, impurity detection kits, viral clearance prediction tools and custom analytical services. TriLink generated 64% of revenue and Cygnus 36% in fiscal 2025. Key brands and technologies include CleanCap® mRNA capping, ModTail™ poly(A) tail modification and Cygnus’s MockV® viral clearance tools. The company serves customers directly and through distributors in approximately 60 countries. It had 435 full-time employees globally as of December 31, 2025. Its website is www.maravai.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1823239
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-373.88M$-31.10M$311.69M$654.48M$997.26M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Maravai LifeSciences Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

149
funds hold it
0 of 35
superinvestors hold it
$161.02M
held by funds, at market
19.4%
of shares held by funds

Largest fund holders · Maravai LifeSciences Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
First Eagle Small Cap Opportunity Fund
FESRX · First Eagle Funds
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Maravai LifeSciences Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Maravai LifeSciences Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
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