10-Q quarterly report · filed Nov 7, 2025

MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) Q3 2025 10-Q Quarterly Report

Short answer

MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $42M (down 36.2% year over year) with net income of −$26M.

Q3 2025 key financials · XBRL

Revenue
$42M
−36.2% YoY · −12.2% QoQ
Net income
−$26M
+74.2% YoY · +35.4% QoQ
Operating margin
-98.6%
Gross margin
50.8%
EPS (diluted)
−$0.18
+75.0% YoY · +33.3% QoQ

Source: XBRL data from the MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) Q3 2025 10-Q on SEC EDGAR. USD.

MARAVAI LIFESCIENCES HOLDINGS, INC. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $41.6M, down from $69.0M YoY
  • Nucleic Acid Production revenue $25.4M vs $53.8M; Biologics Safety Testing $16.3M vs $15.2M
  • Q3 revenue included no high-volume CleanCap sales, versus $18.2M YoY
  • Acquisition of Molecular Assemblies assets for $11.2M in January 2025
  • SG&A $35.4M vs $39.1M YoY; R&D $3.8M vs $4.7M

Risk Factors

  • New organizational-change risk triggered by June 2025 CEO and CFO appointments
  • Workforce-reduction risk from August 2025 plan targeting approximately 25% of employees
  • Financial risk from potentially higher-than-anticipated restructuring and severance costs
  • Operational risk from employee attrition, lower morale, and business disruption
  • Cash-flow risk from delayed or unrealized cost savings and possible additional workforce reductions

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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