Maravai LifeSciences (MRVI) Revenue & Revenue Breakdown


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Maravai LifeSciences Revenue Highlights


Latest Revenue (Y)

$259.19M

Latest Revenue (Q)

$65.20M

Main Segment (Y)

Nucleic Acid Production Segment

Main Geography (Y)

North America

Maravai LifeSciences Revenue by Period


Maravai LifeSciences Revenue by Year

DateRevenueChange
2024-12-31$259.19M-10.30%
2023-12-31$288.94M-67.28%
2022-12-31$883.00M10.48%
2021-12-31$799.24M181.33%
2020-12-31$284.10M98.48%
2019-12-31$143.14M15.59%
2018-12-31$123.83M-

Maravai LifeSciences generated $259.19M in revenue during NA 2024, up -10.30% compared to the previous quarter, and up 181.07% compared to the same period a year ago.

Maravai LifeSciences Revenue by Quarter

DateRevenueChange
2024-09-30$65.20M-11.17%
2024-06-30$73.40M14.37%
2024-03-31$64.18M-13.44%
2023-12-31$74.14M10.88%
2023-09-30$66.86M-2.97%
2023-06-30$68.91M-12.79%
2023-03-31$79.03M-61.40%
2022-12-31$204.71M7.03%
2022-09-30$191.26M-21.20%
2022-06-30$242.73M-0.64%
2022-03-31$244.29M6.94%
2021-12-31$228.44M11.54%
2021-09-30$204.81M-5.95%
2021-06-30$217.78M46.94%
2021-03-31$148.21M50.69%
2020-12-31$98.35M11.94%
2020-09-30$87.86M87.31%
2020-06-30$46.91M-8.00%
2020-03-31$50.98M41.77%
2019-12-31$35.96M-

Maravai LifeSciences generated $65.20M in revenue during Q3 2024, up -11.17% compared to the previous quarter, and up 94.61% compared to the same period a year ago.

Maravai LifeSciences Revenue Breakdown


Maravai LifeSciences Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Biologics Safety Testing Segment$62.84M$64.18M--
Nucleic Acid Production Segment$196.34M$224.77M--
Protein Detection Segment----
Shipping and Handling--$3.20M$3.60M

Maravai LifeSciences's latest annual revenue breakdown by segment (product or service), as of Dec 24: Nucleic Acid Production Segment (75.75%), and Biologics Safety Testing Segment (24.25%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Nucleic Acid Production Segment$100.38M$49.95M$46.02M$58.83M$51.23M$53.27M$61.45M$189.29M$174.88M$225.25M$223.65M$212.51M$182.90M$192.52M$123.93M
Biologics Safety Testing Segment$29.42M$15.25M$18.16M$15.32M$15.64M$15.65M$17.57M$15.42M$16.38M$17.48M$20.64M$15.93M$16.63M$18.21M$17.65M
Protein Detection Segment-----------$5.28M$7.05M$6.63M-

Maravai LifeSciences's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Nucleic Acid Production Segment (77.33%), and Biologics Safety Testing Segment (22.67%).

Maravai LifeSciences Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23
Latin And Central America$662.00K$527.00K
North America$127.09M$141.06M
Asia Pacific$89.38M$97.44M
EMEA$42.05M$49.92M

Maravai LifeSciences's latest annual revenue breakdown by geography, as of Dec 24: North America (49.03%), Asia Pacific (34.48%), EMEA (16.23%), and Latin And Central America (0.26%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Mar 21
Asia Pacific$45.32M$22.92M$21.14M$72.82M$24.62M$15.98M
EMEA$25.23M$7.46M$9.37M$42.30M$7.62M$53.72M
Latin And Central America$230.00K$125.00K$307.00K$422.00K$105.00K$220.00K
North America$59.03M$34.69M$33.37M$106.54M$34.52M$78.30M

Maravai LifeSciences's latest quarterly revenue breakdown by geography, as of Dec 24: North America (45.47%), Asia Pacific (34.92%), EMEA (19.43%), and Latin And Central America (0.18%).

Maravai LifeSciences Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
INCYIncyte$4.24B$962.99M
ARGXargenx SE$1.23B$401.00M
HALOHalozyme Therapeutics$1.02B$290.08M
HRMYHarmony Biosciences$714.73M$186.04M
APLSApellis Pharmaceuticals$709.95M$176.57M
RAREUltragenyx Pharmaceutical$560.23M$147.03M
FOLDAmicus Therapeutics$528.29M$141.52M
INSMInsmed$363.71M$93.42M
KRYSKrystal Biotech$290.51M$83.84M
LEGNLegend Biotech$285.14M$93.99M
ASNDAscendis Pharma$266.72M$95.89M
MRVIMaravai LifeSciences$259.19M$65.20M
ARQTArcutis Biotherapeutics$196.54M$30.86M
ROIVRoivant Sciences$124.80M$9.02M
ALECAlector$100.56M$15.08M
AGIOAgios Pharmaceuticals$36.50M$8.96M
CYTKCytokinetics$18.47M$463.00K
ABUSArbutus Biopharma$6.17M$1.73M
AKROAkero Therapeutics--
PTGXProtagonist Therapeutics-$4.67M
EWTXEdgewise Therapeutics--
IMVTImmunovant--
DNLIDenali Therapeutics--

MRVI Revenue FAQ


What is Maravai LifeSciences’s yearly revenue?

Maravai LifeSciences's yearly revenue for 2024 was $259.18M, representing a decrease of -10.30% compared to 2023. The company's yearly revenue for 2023 was $288.94M, representing a decrease of -67.28% compared to 2022. MRVI's yearly revenue for 2022 was $883M, representing an increase of 10.48% compared to 2021.

What is Maravai LifeSciences’s quarterly revenue?

Maravai LifeSciences's quarterly revenue for Q3 2024 was $65.2M, a -11.17% decrease from the previous quarter (Q2 2024), and a -2.49% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $73.4M, a 14.37% increase from the previous quarter (Q1 2024), and a 6.51% increase year-over-year (Q2 2023). MRVI's quarterly revenue for Q1 2024 was $64.18M, a -13.44% decrease from the previous quarter (Q4 2023), and a -18.79% decrease year-over-year (Q1 2023).

What is Maravai LifeSciences’s revenue growth rate?

Maravai LifeSciences's revenue growth rate for the last 3 years (2022-2024) was -70.65%, and for the last 5 years (2020-2024) was -8.77%.

What are Maravai LifeSciences’s revenue streams?

Maravai LifeSciences's revenue streams in c 24 are Biologics Safety Testing Segment, and Nucleic Acid Production Segment. Biologics Safety Testing Segment generated $62.84M in revenue, accounting 24.25% of the company's total revenue, down -2.09% year-over-year. Nucleic Acid Production Segment generated $196.34M in revenue, accounting 75.75% of the company's total revenue, down -12.65% year-over-year.

What is Maravai LifeSciences’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Maravai LifeSciences was Nucleic Acid Production Segment. This segment made a revenue of $196.34M, representing 75.75% of the company's total revenue.