How Maravai LifeSciences Holdings makes money

Period

FY2025

How does Maravai LifeSciences Holdings make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Maravai LifeSciences Holdings Inc. · FY2025 · year ended 2025-12-31

Revenue$186MNet loss$131M · 70%Cost of revenue$152M · 82%Gross profit$34M · 18%Operating expenses$249M · 134%Other income$84M · 45%R&D$17M · 9%SG&A$145M · 78%Other opex$87M · 47%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.