Maravai LifeSciences Q1 revenue rises 40.5% to $65.8 million; full-year guidance raised
Maravai LifeSciences reported first-quarter 2026 revenue of $65.8 million, up 40.5% from a year earlier, and a net loss of $6.4 million, compared with a $52.9 million loss in the prior-year quarter. The company raised its full-year 2026 revenue and Adjusted EBITDA guidance, though the TriLink revenue jump includes $14.3 million of high-volume COVID-19 vaccine CleanCap orders.
Key points
- Q1 2026 revenue was $65.8 million, up from $46.9 million; TriLink revenue rose 65.1% and Cygnus rose 1.4%
- Net loss narrowed to $(6.4) million from $(52.9) million; Adjusted EBITDA was $20.3 million versus $(10.5) million
- Full-year 2026 revenue guidance raised to $205.0 million to $215.0 million from $200.0 million to $210.0 million
- Full-year 2026 Adjusted EBITDA guidance raised to $30.0 million to $32.0 million from $18.0 million to $20.0 million; free cash flow was $4.2 million
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
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