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Side-by-side financial comparison of LXP Industrial Trust (LXP) and MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI). Click either name above to swap in a different company.
LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $49.9M, roughly 1.7× MARAVAI LIFESCIENCES HOLDINGS, INC.). LXP Industrial Trust runs the higher net margin — 33.2% vs -71.6%, a 104.7% gap on every dollar of revenue. On growth, MARAVAI LIFESCIENCES HOLDINGS, INC. posted the faster year-over-year revenue change (-11.8% vs -14.0%). Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -11.9%).
LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.
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.
LXP vs MRVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.7M | $49.9M |
| Net Profit | $28.8M | $-35.7M |
| Gross Margin | 81.5% | 25.8% |
| Operating Margin | 34.6% | -117.9% |
| Net Margin | 33.2% | -71.6% |
| Revenue YoY | -14.0% | -11.8% |
| Net Profit YoY | — | -37.7% |
| EPS (diluted) | — | $-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.
| Q4 25 | $86.7M | $49.9M | ||
| Q3 25 | $86.9M | $41.6M | ||
| Q2 25 | $87.7M | $47.4M | ||
| Q1 25 | $88.9M | $46.9M | ||
| Q4 24 | $100.9M | $56.6M | ||
| Q3 24 | $85.6M | $69.0M | ||
| Q2 24 | $85.8M | $69.4M | ||
| Q1 24 | $86.3M | $64.2M |
| Q4 25 | $28.8M | $-35.7M | ||
| Q3 25 | $36.3M | $-25.6M | ||
| Q2 25 | $29.1M | $-39.6M | ||
| Q1 25 | $19.0M | $-29.9M | ||
| Q4 24 | — | $-25.9M | ||
| Q3 24 | $6.3M | $-97.1M | ||
| Q2 24 | $5.4M | $-9.8M | ||
| Q1 24 | $-269.0K | $-12.1M |
| Q4 25 | 81.5% | 25.8% | ||
| Q3 25 | 82.3% | 13.6% | ||
| Q2 25 | 81.9% | 16.4% | ||
| Q1 25 | 80.7% | 16.5% | ||
| Q4 24 | 85.3% | 34.3% | ||
| Q3 24 | 82.5% | 46.7% | ||
| Q2 24 | 82.0% | 44.4% | ||
| Q1 24 | 82.4% | 40.3% |
| Q4 25 | 34.6% | -117.9% | ||
| Q3 25 | 50.4% | -98.6% | ||
| Q2 25 | 33.7% | -139.8% | ||
| Q1 25 | 21.8% | -104.9% | ||
| Q4 24 | — | -66.7% | ||
| Q3 24 | 7.9% | -239.9% | ||
| Q2 24 | 6.9% | -19.4% | ||
| Q1 24 | 1.0% | -29.4% |
| Q4 25 | 33.2% | -71.6% | ||
| Q3 25 | 41.7% | -61.4% | ||
| Q2 25 | 33.2% | -83.5% | ||
| Q1 25 | 21.4% | -63.9% | ||
| Q4 24 | — | -45.8% | ||
| Q3 24 | 7.4% | -140.6% | ||
| Q2 24 | 6.3% | -14.1% | ||
| Q1 24 | -0.3% | -18.8% |
| Q4 25 | — | $-0.24 | ||
| Q3 25 | $0.12 | $-0.18 | ||
| Q2 25 | $0.09 | $-0.27 | ||
| Q1 25 | $0.06 | $-0.21 | ||
| Q4 24 | — | $-0.21 | ||
| Q3 24 | $0.02 | $-0.68 | ||
| Q2 24 | $0.01 | $-0.07 | ||
| Q1 24 | $-0.01 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $170.4M | $216.9M |
| Total DebtLower is stronger | $1.4B | $291.8M |
| Stockholders' EquityBook value | $2.0B | $212.4M |
| Total Assets | $3.5B | $770.6M |
| Debt / EquityLower = less leverage | 0.66× | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $170.4M | $216.9M | ||
| Q3 25 | $229.7M | $243.6M | ||
| Q2 25 | $71.0M | $269.9M | ||
| Q1 25 | $70.9M | $285.1M | ||
| Q4 24 | $101.8M | $322.4M | ||
| Q3 24 | $55.0M | $578.2M | ||
| Q2 24 | $48.7M | $573.2M | ||
| Q1 24 | $293.8M | $561.7M |
| Q4 25 | $1.4B | $291.8M | ||
| Q3 25 | $1.5B | $292.8M | ||
| Q2 25 | $1.5B | $293.9M | ||
| Q1 25 | $1.5B | $294.9M | ||
| Q4 24 | $1.6B | $295.9M | ||
| Q3 24 | — | $521.7M | ||
| Q2 24 | — | $522.5M | ||
| Q1 24 | — | $523.3M |
| Q4 25 | $2.0B | $212.4M | ||
| Q3 25 | $2.1B | $245.4M | ||
| Q2 25 | $2.1B | $265.9M | ||
| Q1 25 | $2.1B | $300.6M | ||
| Q4 24 | $2.1B | $325.3M | ||
| Q3 24 | $2.1B | $344.9M | ||
| Q2 24 | $2.1B | $434.7M | ||
| Q1 24 | $2.2B | $410.7M |
| Q4 25 | $3.5B | $770.6M | ||
| Q3 25 | $3.7B | $849.2M | ||
| Q2 25 | $3.7B | $897.0M | ||
| Q1 25 | $3.8B | $959.8M | ||
| Q4 24 | $3.8B | $1.0B | ||
| Q3 24 | $3.9B | $1.3B | ||
| Q2 24 | $3.9B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
| Q4 25 | 0.66× | 1.37× | ||
| Q3 25 | 0.72× | 1.19× | ||
| Q2 25 | 0.72× | 1.11× | ||
| Q1 25 | 0.73× | 0.98× | ||
| Q4 24 | 0.75× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $188.7M | $-22.8M |
| Free Cash FlowOCF − Capex | — | $-24.9M |
| FCF MarginFCF / Revenue | — | -49.9% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | 6.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-70.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $188.7M | $-22.8M | ||
| Q3 25 | $63.5M | $-15.2M | ||
| Q2 25 | $44.3M | $-10.3M | ||
| Q1 25 | $39.0M | $-9.4M | ||
| Q4 24 | $211.2M | $-14.6M | ||
| Q3 24 | $64.6M | $13.1M | ||
| Q2 24 | $38.5M | $17.4M | ||
| Q1 24 | $38.9M | $-8.5M |
| Q4 25 | — | $-24.9M | ||
| Q3 25 | — | $-18.1M | ||
| Q2 25 | — | $-13.1M | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-20.5M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $7.9M | ||
| Q1 24 | — | $-14.1M |
| Q4 25 | — | -49.9% | ||
| Q3 25 | — | -43.4% | ||
| Q2 25 | — | -27.7% | ||
| Q1 25 | — | -31.2% | ||
| Q4 24 | — | -36.2% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 11.4% | ||
| Q1 24 | — | -22.0% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 6.1% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 13.8% | ||
| Q1 24 | — | 8.8% |
| Q4 25 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LXP
Segment breakdown not available.
MRVI
| Cygnus Segment | $27.2M | 54% |
| Other | $18.4M | 37% |
| Shipping And Handling | $4.3M | 9% |
