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Side-by-side financial comparison of GAIA, INC (GAIA) and MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI). Click either name above to swap in a different company.

MARAVAI LIFESCIENCES HOLDINGS, INC. is the larger business by last-quarter revenue ($49.9M vs $25.5M, roughly 2.0× GAIA, INC). GAIA, INC runs the higher net margin — -0.3% vs -71.6%, a 71.3% gap on every dollar of revenue. On growth, GAIA, INC posted the faster year-over-year revenue change (5.8% vs -11.8%). GAIA, INC produced more free cash flow last quarter ($76.0K vs $-24.9M). Over the past eight quarters, GAIA, INC's revenue compounded faster (9.4% CAGR vs -11.9%).

Gaia, Inc. is a publicly traded (NASDAQ:GAIA) American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, a subscription video on-demand service consisting of original and licensed alternative media documentaries, including those on wellness, spirituality and conspiracy theories.

Maravai LifeSciences Holdings is a global life sciences firm developing critical reagents, diagnostic products, and tech solutions to support biopharma research, drug development, clinical diagnostics, and cell/gene therapy manufacturing. It serves biotech, pharma, research bodies and labs worldwide across three core segments.

GAIA vs MRVI — Head-to-Head

Bigger by revenue
MRVI
MRVI
2.0× larger
MRVI
$49.9M
$25.5M
GAIA
Growing faster (revenue YoY)
GAIA
GAIA
+17.6% gap
GAIA
5.8%
-11.8%
MRVI
Higher net margin
GAIA
GAIA
71.3% more per $
GAIA
-0.3%
-71.6%
MRVI
More free cash flow
GAIA
GAIA
$25.0M more FCF
GAIA
$76.0K
$-24.9M
MRVI
Faster 2-yr revenue CAGR
GAIA
GAIA
Annualised
GAIA
9.4%
-11.9%
MRVI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GAIA
GAIA
MRVI
MRVI
Revenue
$25.5M
$49.9M
Net Profit
$-75.0K
$-35.7M
Gross Margin
87.6%
25.8%
Operating Margin
-2.6%
-117.9%
Net Margin
-0.3%
-71.6%
Revenue YoY
5.8%
-11.8%
Net Profit YoY
91.7%
-37.7%
EPS (diluted)
$-0.02
$-0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GAIA
GAIA
MRVI
MRVI
Q4 25
$25.5M
$49.9M
Q3 25
$25.0M
$41.6M
Q2 25
$24.6M
$47.4M
Q1 25
$23.8M
$46.9M
Q4 24
$24.1M
$56.6M
Q3 24
$22.0M
$69.0M
Q2 24
$21.9M
$69.4M
Q1 24
$21.3M
$64.2M
Net Profit
GAIA
GAIA
MRVI
MRVI
Q4 25
$-75.0K
$-35.7M
Q3 25
$-1.2M
$-25.6M
Q2 25
$-2.0M
$-39.6M
Q1 25
$-1.2M
$-29.9M
Q4 24
$-907.0K
$-25.9M
Q3 24
$-1.2M
$-97.1M
Q2 24
$-2.2M
$-9.8M
Q1 24
$-971.0K
$-12.1M
Gross Margin
GAIA
GAIA
MRVI
MRVI
Q4 25
87.6%
25.8%
Q3 25
86.4%
13.6%
Q2 25
86.7%
16.4%
Q1 25
87.7%
16.5%
Q4 24
88.2%
34.3%
Q3 24
86.1%
46.7%
Q2 24
84.5%
44.4%
Q1 24
85.3%
40.3%
Operating Margin
GAIA
GAIA
MRVI
MRVI
Q4 25
-2.6%
-117.9%
Q3 25
-5.0%
-98.6%
Q2 25
-8.9%
-139.8%
Q1 25
-4.3%
-104.9%
Q4 24
-7.1%
-66.7%
Q3 24
-5.3%
-239.9%
Q2 24
-9.1%
-19.4%
Q1 24
-4.0%
-29.4%
Net Margin
GAIA
GAIA
MRVI
MRVI
Q4 25
-0.3%
-71.6%
Q3 25
-4.6%
-61.4%
Q2 25
-8.3%
-83.5%
Q1 25
-5.1%
-63.9%
Q4 24
-3.8%
-45.8%
Q3 24
-5.4%
-140.6%
Q2 24
-9.9%
-14.1%
Q1 24
-4.6%
-18.8%
EPS (diluted)
GAIA
GAIA
MRVI
MRVI
Q4 25
$-0.02
$-0.24
Q3 25
$-0.05
$-0.18
Q2 25
$-0.07
$-0.27
Q1 25
$-0.04
$-0.21
Q4 24
$-0.03
$-0.21
Q3 24
$-0.05
$-0.68
Q2 24
$-0.09
$-0.07
Q1 24
$-0.05
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GAIA
GAIA
MRVI
MRVI
Cash + ST InvestmentsLiquidity on hand
$13.5M
$216.9M
Total DebtLower is stronger
$291.8M
Stockholders' EquityBook value
$87.9M
$212.4M
Total Assets
$154.6M
$770.6M
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAIA
GAIA
MRVI
MRVI
Q4 25
$13.5M
$216.9M
Q3 25
$14.2M
$243.6M
Q2 25
$13.9M
$269.9M
Q1 25
$13.1M
$285.1M
Q4 24
$5.9M
$322.4M
Q3 24
$4.4M
$578.2M
Q2 24
$5.5M
$573.2M
Q1 24
$8.6M
$561.7M
Total Debt
GAIA
GAIA
MRVI
MRVI
Q4 25
$291.8M
Q3 25
$292.8M
Q2 25
$293.9M
Q1 25
$294.9M
Q4 24
$295.9M
Q3 24
$521.7M
Q2 24
$522.5M
Q1 24
$523.3M
Stockholders' Equity
GAIA
GAIA
MRVI
MRVI
Q4 25
$87.9M
$212.4M
Q3 25
$86.3M
$245.4M
Q2 25
$85.7M
$265.9M
Q1 25
$87.0M
$300.6M
Q4 24
$80.7M
$325.3M
Q3 24
$81.2M
$344.9M
Q2 24
$82.1M
$434.7M
Q1 24
$84.8M
$410.7M
Total Assets
GAIA
GAIA
MRVI
MRVI
Q4 25
$154.6M
$770.6M
Q3 25
$151.1M
$849.2M
Q2 25
$147.0M
$897.0M
Q1 25
$148.5M
$959.8M
Q4 24
$141.2M
$1.0B
Q3 24
$139.6M
$1.3B
Q2 24
$142.1M
$1.4B
Q1 24
$133.8M
$1.4B
Debt / Equity
GAIA
GAIA
MRVI
MRVI
Q4 25
1.37×
Q3 25
1.19×
Q2 25
1.11×
Q1 25
0.98×
Q4 24
0.91×
Q3 24
1.51×
Q2 24
1.20×
Q1 24
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GAIA
GAIA
MRVI
MRVI
Operating Cash FlowLast quarter
$1.8M
$-22.8M
Free Cash FlowOCF − Capex
$76.0K
$-24.9M
FCF MarginFCF / Revenue
0.3%
-49.9%
Capex IntensityCapex / Revenue
6.6%
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-377.0K
$-70.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAIA
GAIA
MRVI
MRVI
Q4 25
$1.8M
$-22.8M
Q3 25
$326.0K
$-15.2M
Q2 25
$2.3M
$-10.3M
Q1 25
$1.3M
$-9.4M
Q4 24
$2.7M
$-14.6M
Q3 24
$409.0K
$13.1M
Q2 24
$-2.1M
$17.4M
Q1 24
$5.9M
$-8.5M
Free Cash Flow
GAIA
GAIA
MRVI
MRVI
Q4 25
$76.0K
$-24.9M
Q3 25
$-1.6M
$-18.1M
Q2 25
$880.0K
$-13.1M
Q1 25
$268.0K
$-14.6M
Q4 24
$1.6M
$-20.5M
Q3 24
$-952.0K
$4.5M
Q2 24
$-3.5M
$7.9M
Q1 24
$4.9M
$-14.1M
FCF Margin
GAIA
GAIA
MRVI
MRVI
Q4 25
0.3%
-49.9%
Q3 25
-6.4%
-43.4%
Q2 25
3.6%
-27.7%
Q1 25
1.1%
-31.2%
Q4 24
6.5%
-36.2%
Q3 24
-4.3%
6.6%
Q2 24
-16.1%
11.4%
Q1 24
22.8%
-22.0%
Capex Intensity
GAIA
GAIA
MRVI
MRVI
Q4 25
6.6%
4.2%
Q3 25
7.7%
7.0%
Q2 25
5.7%
6.1%
Q1 25
4.3%
11.2%
Q4 24
4.6%
10.3%
Q3 24
6.2%
12.4%
Q2 24
6.6%
13.8%
Q1 24
5.0%
8.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GAIA
GAIA

US$16.7M65%
Non Us$8.8M35%

MRVI
MRVI

Cygnus Segment$27.2M54%
Other$18.4M37%
Shipping And Handling$4.3M9%

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