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Segments

By segment

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TriLink$2.3M
Cygnus$375K

Other financials

Income statement

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Revenue$51.4M+8.5%
Gross profit$20.7M+166%
Operating income-$15.1M+77.2%
Net income-$12.4M+68.6%
EPS (diluted)-$0.08+70.4%

Balance sheet

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Cash & equivalents$70.6M-73.8%
Total debt$176.7M-52.4%
Total equity$204.6M-23.0%
Total assets$603.7M-32.7%

Cash flow

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Operating cash flow$4.0M+139%
CapEx$370.0K-87.1%
Free cash flow$3.6M+128%

Valuation

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Market cap$918.96M+210%
Enterprise value$1.03B+158%
P/S4.4×+3.1×

Profitability

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Gross margin34.9%+4.4pp
Operating margin-56.1%-21.3pp
Net margin-37.1%-13.6pp
FCF margin-17.2%

Returns & leverage

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Return on equity-32.9%-9.4pp
Debt / equity0.9×-0.5×
Current ratio4.1×-1.1×

Where this comes from

Reported directly by Maravai LifeSciences Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Maravai LifeSciences Holdings, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001823239-26-000059
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross profit20,6507,76854,35115,493
Operating expenses:
Selling, general and administrative32,07038,71561,16278,279
Research and development3,7024,8827,5919,770
Goodwill impairment30,44942,884
Restructuring(33)2,845
Total operating expenses35,73974,04671,598130,933
Loss from operations(15,089)(66,278)(17,247)(115,440)

Item 1. Financial Statements

FAQ

What is Maravai LifeSciences Holdings, Inc.'s R&D?
Maravai LifeSciences Holdings, Inc. (MRVI) reported R&D of $3.7M in Q2 2026.
How has Maravai LifeSciences Holdings, Inc.'s R&D changed year-over-year?
Maravai LifeSciences Holdings, Inc.'s R&D decreased by 24.2% year-over-year, from $4.88M to $3.7M.
What is the long-term trend for Maravai LifeSciences Holdings, Inc.'s R&D?
Over 4 years (2021 to 2025), Maravai LifeSciences Holdings, Inc.'s R&D has grown at a 3.4% compound annual growth rate (CAGR), from $15.22M to $17.4M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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