vs
Side-by-side financial comparison of MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $49.9M, roughly 1.0× MARAVAI LIFESCIENCES HOLDINGS, INC.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -71.6%, a 66.5% gap on every dollar of revenue. On growth, MARAVAI LIFESCIENCES HOLDINGS, INC. posted the faster year-over-year revenue change (-11.8% vs -14.2%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-24.9M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs -11.9%).
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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
MRVI vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.9M | $50.3M |
| Net Profit | $-35.7M | $-2.6M |
| Gross Margin | 25.8% | — |
| Operating Margin | -117.9% | -1.9% |
| Net Margin | -71.6% | -5.1% |
| Revenue YoY | -11.8% | -14.2% |
| Net Profit YoY | -37.7% | -14.5% |
| EPS (diluted) | $-0.24 | $-0.11 |
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 | $49.9M | $50.3M | ||
| Q3 25 | $41.6M | $52.2M | ||
| Q2 25 | $47.4M | $60.4M | ||
| Q1 25 | $46.9M | $40.2M | ||
| Q4 24 | $56.6M | $58.6M | ||
| Q3 24 | $69.0M | $60.1M | ||
| Q2 24 | $69.4M | $46.8M | ||
| Q1 24 | $64.2M | $45.1M |
| Q4 25 | $-35.7M | $-2.6M | ||
| Q3 25 | $-25.6M | $-4.2M | ||
| Q2 25 | $-39.6M | $-2.7M | ||
| Q1 25 | $-29.9M | $-4.8M | ||
| Q4 24 | $-25.9M | $-2.2M | ||
| Q3 24 | $-97.1M | $-7.0M | ||
| Q2 24 | $-9.8M | $-12.8M | ||
| Q1 24 | $-12.1M | $-13.2M |
| Q4 25 | 25.8% | — | ||
| Q3 25 | 13.6% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 46.7% | — | ||
| Q2 24 | 44.4% | — | ||
| Q1 24 | 40.3% | — |
| Q4 25 | -117.9% | -1.9% | ||
| Q3 25 | -98.6% | -0.6% | ||
| Q2 25 | -139.8% | 4.8% | ||
| Q1 25 | -104.9% | -17.2% | ||
| Q4 24 | -66.7% | 2.6% | ||
| Q3 24 | -239.9% | -0.6% | ||
| Q2 24 | -19.4% | -16.4% | ||
| Q1 24 | -29.4% | -16.7% |
| Q4 25 | -71.6% | -5.1% | ||
| Q3 25 | -61.4% | -8.0% | ||
| Q2 25 | -83.5% | -4.4% | ||
| Q1 25 | -63.9% | -11.8% | ||
| Q4 24 | -45.8% | -3.8% | ||
| Q3 24 | -140.6% | -11.7% | ||
| Q2 24 | -14.1% | -27.4% | ||
| Q1 24 | -18.8% | -29.4% |
| Q4 25 | $-0.24 | $-0.11 | ||
| Q3 25 | $-0.18 | $-0.18 | ||
| Q2 25 | $-0.27 | $-0.12 | ||
| Q1 25 | $-0.21 | $-0.21 | ||
| Q4 24 | $-0.21 | $-0.11 | ||
| Q3 24 | $-0.68 | $-0.31 | ||
| Q2 24 | $-0.07 | $-0.57 | ||
| Q1 24 | $-0.09 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $216.9M | $10.5M |
| Total DebtLower is stronger | $291.8M | $185.1M |
| Stockholders' EquityBook value | $212.4M | $-18.2M |
| Total Assets | $770.6M | $434.9M |
| Debt / EquityLower = less leverage | 1.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $216.9M | $10.5M | ||
| Q3 25 | $243.6M | $8.1M | ||
| Q2 25 | $269.9M | $9.1M | ||
| Q1 25 | $285.1M | $5.9M | ||
| Q4 24 | $322.4M | $12.4M | ||
| Q3 24 | $578.2M | $10.1M | ||
| Q2 24 | $573.2M | $9.3M | ||
| Q1 24 | $561.7M | $7.5M |
| Q4 25 | $291.8M | $185.1M | ||
| Q3 25 | $292.8M | — | ||
| Q2 25 | $293.9M | — | ||
| Q1 25 | $294.9M | — | ||
| Q4 24 | $295.9M | $202.7M | ||
| Q3 24 | $521.7M | — | ||
| Q2 24 | $522.5M | — | ||
| Q1 24 | $523.3M | — |
| Q4 25 | $212.4M | $-18.2M | ||
| Q3 25 | $245.4M | $-12.1M | ||
| Q2 25 | $265.9M | $-7.7M | ||
| Q1 25 | $300.6M | $-8.1M | ||
| Q4 24 | $325.3M | $-4.4M | ||
| Q3 24 | $344.9M | $1.6M | ||
| Q2 24 | $434.7M | $6.5M | ||
| Q1 24 | $410.7M | $18.0M |
| Q4 25 | $770.6M | $434.9M | ||
| Q3 25 | $849.2M | $435.2M | ||
| Q2 25 | $897.0M | $438.1M | ||
| Q1 25 | $959.8M | $441.0M | ||
| Q4 24 | $1.0B | $471.0M | ||
| Q3 24 | $1.3B | $495.7M | ||
| Q2 24 | $1.4B | $494.9M | ||
| Q1 24 | $1.4B | $494.9M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-22.8M | $4.3M |
| Free Cash FlowOCF − Capex | $-24.9M | $4.1M |
| FCF MarginFCF / Revenue | -49.9% | 8.2% |
| Capex IntensityCapex / Revenue | 4.2% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-70.7M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.8M | $4.3M | ||
| Q3 25 | $-15.2M | $295.0K | ||
| Q2 25 | $-10.3M | $1.6M | ||
| Q1 25 | $-9.4M | $-7.7M | ||
| Q4 24 | $-14.6M | $8.0M | ||
| Q3 24 | $13.1M | $1.3M | ||
| Q2 24 | $17.4M | $-10.4M | ||
| Q1 24 | $-8.5M | $-2.8M |
| Q4 25 | $-24.9M | $4.1M | ||
| Q3 25 | $-18.1M | $-246.0K | ||
| Q2 25 | $-13.1M | $1.2M | ||
| Q1 25 | $-14.6M | $-8.0M | ||
| Q4 24 | $-20.5M | $7.0M | ||
| Q3 24 | $4.5M | $-1.1M | ||
| Q2 24 | $7.9M | $-10.6M | ||
| Q1 24 | $-14.1M | $-4.7M |
| Q4 25 | -49.9% | 8.2% | ||
| Q3 25 | -43.4% | -0.5% | ||
| Q2 25 | -27.7% | 1.9% | ||
| Q1 25 | -31.2% | -19.8% | ||
| Q4 24 | -36.2% | 12.0% | ||
| Q3 24 | 6.6% | -1.8% | ||
| Q2 24 | 11.4% | -22.7% | ||
| Q1 24 | -22.0% | -10.4% |
| Q4 25 | 4.2% | 0.3% | ||
| Q3 25 | 7.0% | 1.0% | ||
| Q2 25 | 6.1% | 0.6% | ||
| Q1 25 | 11.2% | 0.6% | ||
| Q4 24 | 10.3% | 1.7% | ||
| Q3 24 | 12.4% | 4.0% | ||
| Q2 24 | 13.8% | 0.5% | ||
| Q1 24 | 8.8% | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MRVI
| Cygnus Segment | $27.2M | 54% |
| Other | $18.4M | 37% |
| Shipping And Handling | $4.3M | 9% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
