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Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) 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 $47.3M, roughly 1.1× Mama's Creations, Inc.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -71.6%, a 72.7% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs -11.8%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-24.9M). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs -11.9%).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

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.

MAMA vs MRVI — Head-to-Head

Bigger by revenue
MRVI
MRVI
1.1× larger
MRVI
$49.9M
$47.3M
MAMA
Growing faster (revenue YoY)
MAMA
MAMA
+61.8% gap
MAMA
50.0%
-11.8%
MRVI
Higher net margin
MAMA
MAMA
72.7% more per $
MAMA
1.1%
-71.6%
MRVI
More free cash flow
MAMA
MAMA
$28.6M more FCF
MAMA
$3.7M
$-24.9M
MRVI
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
-11.9%
MRVI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
MRVI
MRVI
Revenue
$47.3M
$49.9M
Net Profit
$540.0K
$-35.7M
Gross Margin
23.6%
25.8%
Operating Margin
1.7%
-117.9%
Net Margin
1.1%
-71.6%
Revenue YoY
50.0%
-11.8%
Net Profit YoY
31.7%
-37.7%
EPS (diluted)
$0.01
$-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
MAMA
MAMA
MRVI
MRVI
Q4 25
$47.3M
$49.9M
Q3 25
$35.2M
$41.6M
Q2 25
$35.3M
$47.4M
Q1 25
$33.6M
$46.9M
Q4 24
$31.5M
$56.6M
Q3 24
$28.4M
$69.0M
Q2 24
$29.8M
$69.4M
Q1 24
$26.7M
$64.2M
Net Profit
MAMA
MAMA
MRVI
MRVI
Q4 25
$540.0K
$-35.7M
Q3 25
$1.3M
$-25.6M
Q2 25
$1.2M
$-39.6M
Q1 25
$1.6M
$-29.9M
Q4 24
$410.0K
$-25.9M
Q3 24
$1.1M
$-97.1M
Q2 24
$553.0K
$-9.8M
Q1 24
$1.4M
$-12.1M
Gross Margin
MAMA
MAMA
MRVI
MRVI
Q4 25
23.6%
25.8%
Q3 25
24.9%
13.6%
Q2 25
26.1%
16.4%
Q1 25
27.0%
16.5%
Q4 24
22.6%
34.3%
Q3 24
24.2%
46.7%
Q2 24
25.0%
44.4%
Q1 24
29.3%
40.3%
Operating Margin
MAMA
MAMA
MRVI
MRVI
Q4 25
1.7%
-117.9%
Q3 25
4.8%
-98.6%
Q2 25
4.5%
-139.8%
Q1 25
5.7%
-104.9%
Q4 24
1.8%
-66.7%
Q3 24
5.7%
-239.9%
Q2 24
2.6%
-19.4%
Q1 24
7.4%
-29.4%
Net Margin
MAMA
MAMA
MRVI
MRVI
Q4 25
1.1%
-71.6%
Q3 25
3.6%
-61.4%
Q2 25
3.5%
-83.5%
Q1 25
4.8%
-63.9%
Q4 24
1.3%
-45.8%
Q3 24
4.0%
-140.6%
Q2 24
1.9%
-14.1%
Q1 24
5.3%
-18.8%
EPS (diluted)
MAMA
MAMA
MRVI
MRVI
Q4 25
$0.01
$-0.24
Q3 25
$0.03
$-0.18
Q2 25
$0.03
$-0.27
Q1 25
$0.04
$-0.21
Q4 24
$0.01
$-0.21
Q3 24
$0.03
$-0.68
Q2 24
$0.01
$-0.07
Q1 24
$0.03
$-0.09

Balance Sheet & Financial Strength

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

Metric
MAMA
MAMA
MRVI
MRVI
Cash + ST InvestmentsLiquidity on hand
$18.1M
$216.9M
Total DebtLower is stronger
$291.8M
Stockholders' EquityBook value
$49.6M
$212.4M
Total Assets
$84.0M
$770.6M
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
MRVI
MRVI
Q4 25
$18.1M
$216.9M
Q3 25
$9.4M
$243.6M
Q2 25
$12.0M
$269.9M
Q1 25
$7.2M
$285.1M
Q4 24
$9.3M
$322.4M
Q3 24
$7.4M
$578.2M
Q2 24
$13.0M
$573.2M
Q1 24
$11.0M
$561.7M
Total Debt
MAMA
MAMA
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
MAMA
MAMA
MRVI
MRVI
Q4 25
$49.6M
$212.4M
Q3 25
$29.6M
$245.4M
Q2 25
$26.4M
$265.9M
Q1 25
$24.9M
$300.6M
Q4 24
$23.0M
$325.3M
Q3 24
$22.3M
$344.9M
Q2 24
$20.3M
$434.7M
Q1 24
$19.6M
$410.7M
Total Assets
MAMA
MAMA
MRVI
MRVI
Q4 25
$84.0M
$770.6M
Q3 25
$51.2M
$849.2M
Q2 25
$52.7M
$897.0M
Q1 25
$47.1M
$959.8M
Q4 24
$47.9M
$1.0B
Q3 24
$43.0M
$1.3B
Q2 24
$47.2M
$1.4B
Q1 24
$45.1M
$1.4B
Debt / Equity
MAMA
MAMA
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
MAMA
MAMA
MRVI
MRVI
Operating Cash FlowLast quarter
$3.9M
$-22.8M
Free Cash FlowOCF − Capex
$3.7M
$-24.9M
FCF MarginFCF / Revenue
7.8%
-49.9%
Capex IntensityCapex / Revenue
0.4%
4.2%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M
$-70.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
MRVI
MRVI
Q4 25
$3.9M
$-22.8M
Q3 25
$-1.7M
$-15.2M
Q2 25
$6.0M
$-10.3M
Q1 25
$-857.0K
$-9.4M
Q4 24
$4.8M
$-14.6M
Q3 24
$-2.4M
$13.1M
Q2 24
$3.6M
$17.4M
Q1 24
$6.7M
$-8.5M
Free Cash Flow
MAMA
MAMA
MRVI
MRVI
Q4 25
$3.7M
$-24.9M
Q3 25
$-2.2M
$-18.1M
Q2 25
$5.5M
$-13.1M
Q1 25
$-930.0K
$-14.6M
Q4 24
$2.5M
$-20.5M
Q3 24
$-4.0M
$4.5M
Q2 24
$2.5M
$7.9M
Q1 24
$6.6M
$-14.1M
FCF Margin
MAMA
MAMA
MRVI
MRVI
Q4 25
7.8%
-49.9%
Q3 25
-6.2%
-43.4%
Q2 25
15.5%
-27.7%
Q1 25
-2.8%
-31.2%
Q4 24
8.0%
-36.2%
Q3 24
-14.1%
6.6%
Q2 24
8.4%
11.4%
Q1 24
24.8%
-22.0%
Capex Intensity
MAMA
MAMA
MRVI
MRVI
Q4 25
0.4%
4.2%
Q3 25
1.5%
7.0%
Q2 25
1.5%
6.1%
Q1 25
0.2%
11.2%
Q4 24
7.2%
10.3%
Q3 24
5.6%
12.4%
Q2 24
3.8%
13.8%
Q1 24
0.4%
8.8%
Cash Conversion
MAMA
MAMA
MRVI
MRVI
Q4 25
7.16×
Q3 25
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAMA
MAMA

Segment breakdown not available.

MRVI
MRVI

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

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