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Side-by-side financial comparison of MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) and Rumble Inc. (RUM). 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 $27.1M, roughly 1.8× Rumble Inc.). MARAVAI LIFESCIENCES HOLDINGS, INC. runs the higher net margin — -71.6% vs -120.8%, a 49.2% gap on every dollar of revenue. On growth, Rumble Inc. posted the faster year-over-year revenue change (-10.5% vs -11.8%). MARAVAI LIFESCIENCES HOLDINGS, INC. produced more free cash flow last quarter ($-24.9M vs $-31.7M). Over the past eight quarters, Rumble Inc.'s revenue compounded faster (15.2% 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.
Rumble is a Canadian-American online video platform, web hosting, and cloud services business headquartered in Toronto, Canada, with its U.S. headquarters in Longboat Key, Florida. It was founded in 2013 by Chris Pavlovski, a Canadian technology entrepreneur. Rumble's cloud services business hosts Truth Social, and the video platform is popular among American conservative and far-right users. Rumble has been described as "alt-tech".
MRVI vs RUM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.9M | $27.1M |
| Net Profit | $-35.7M | $-32.7M |
| Gross Margin | 25.8% | 5.5% |
| Operating Margin | -117.9% | -131.1% |
| Net Margin | -71.6% | -120.8% |
| Revenue YoY | -11.8% | -10.5% |
| Net Profit YoY | -37.7% | 86.2% |
| EPS (diluted) | $-0.24 | $-0.13 |
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 | $27.1M | ||
| Q3 25 | $41.6M | $24.8M | ||
| Q2 25 | $47.4M | — | ||
| Q1 25 | $46.9M | $23.7M | ||
| Q4 24 | $56.6M | $30.2M | ||
| Q3 24 | $69.0M | $25.1M | ||
| Q2 24 | $69.4M | $22.5M | ||
| Q1 24 | $64.2M | $17.7M |
| Q4 25 | $-35.7M | $-32.7M | ||
| Q3 25 | $-25.6M | $-16.3M | ||
| Q2 25 | $-39.6M | — | ||
| Q1 25 | $-29.9M | $-2.7M | ||
| Q4 24 | $-25.9M | $-236.8M | ||
| Q3 24 | $-97.1M | $-31.5M | ||
| Q2 24 | $-9.8M | $-26.8M | ||
| Q1 24 | $-12.1M | $-43.3M |
| Q4 25 | 25.8% | 5.5% | ||
| Q3 25 | 13.6% | -1.8% | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | 16.5% | -26.7% | ||
| Q4 24 | 34.3% | -14.2% | ||
| Q3 24 | 46.7% | -45.4% | ||
| Q2 24 | 44.4% | -58.8% | ||
| Q1 24 | 40.3% | -79.5% |
| Q4 25 | -117.9% | -131.1% | ||
| Q3 25 | -98.6% | -113.6% | ||
| Q2 25 | -139.8% | — | ||
| Q1 25 | -104.9% | -153.5% | ||
| Q4 24 | -66.7% | -80.1% | ||
| Q3 24 | -239.9% | -131.0% | ||
| Q2 24 | -19.4% | -172.7% | ||
| Q1 24 | -29.4% | -197.4% |
| Q4 25 | -71.6% | -120.8% | ||
| Q3 25 | -61.4% | -65.7% | ||
| Q2 25 | -83.5% | — | ||
| Q1 25 | -63.9% | -11.2% | ||
| Q4 24 | -45.8% | -783.2% | ||
| Q3 24 | -140.6% | -125.9% | ||
| Q2 24 | -14.1% | -119.2% | ||
| Q1 24 | -18.8% | -244.1% |
| Q4 25 | $-0.24 | $-0.13 | ||
| Q3 25 | $-0.18 | $-0.06 | ||
| Q2 25 | $-0.27 | — | ||
| Q1 25 | $-0.21 | $-0.01 | ||
| Q4 24 | $-0.21 | $-1.17 | ||
| Q3 24 | $-0.68 | $-0.15 | ||
| Q2 24 | $-0.07 | $-0.13 | ||
| Q1 24 | $-0.09 | $-0.21 |
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 | $237.9M |
| Total DebtLower is stronger | $291.8M | — |
| Stockholders' EquityBook value | $212.4M | $274.8M |
| Total Assets | $770.6M | $336.8M |
| Debt / EquityLower = less leverage | 1.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $216.9M | $237.9M | ||
| Q3 25 | $243.6M | $269.8M | ||
| Q2 25 | $269.9M | — | ||
| Q1 25 | $285.1M | $301.3M | ||
| Q4 24 | $322.4M | $114.0M | ||
| Q3 24 | $578.2M | $132.0M | ||
| Q2 24 | $573.2M | $154.2M | ||
| Q1 24 | $561.7M | $183.8M |
| 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 | — |
| Q4 25 | $212.4M | $274.8M | ||
| Q3 25 | $245.4M | $302.2M | ||
| Q2 25 | $265.9M | — | ||
| Q1 25 | $300.6M | $339.6M | ||
| Q4 24 | $325.3M | $-63.1M | ||
| Q3 24 | $344.9M | $166.1M | ||
| Q2 24 | $434.7M | $192.7M | ||
| Q1 24 | $410.7M | $210.7M |
| Q4 25 | $770.6M | $336.8M | ||
| Q3 25 | $849.2M | $367.2M | ||
| Q2 25 | $897.0M | — | ||
| Q1 25 | $959.8M | $391.1M | ||
| Q4 24 | $1.0B | $195.3M | ||
| Q3 24 | $1.3B | $217.2M | ||
| Q2 24 | $1.4B | $243.2M | ||
| Q1 24 | $1.4B | $263.0M |
| 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 | $-29.4M |
| Free Cash FlowOCF − Capex | $-24.9M | $-31.7M |
| FCF MarginFCF / Revenue | -49.9% | -117.2% |
| Capex IntensityCapex / Revenue | 4.2% | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-70.7M | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.8M | $-29.4M | ||
| Q3 25 | $-15.2M | $-10.6M | ||
| Q2 25 | $-10.3M | — | ||
| Q1 25 | $-9.4M | $-14.5M | ||
| Q4 24 | $-14.6M | $-12.4M | ||
| Q3 24 | $13.1M | $-19.1M | ||
| Q2 24 | $17.4M | $-21.7M | ||
| Q1 24 | $-8.5M | $-33.9M |
| Q4 25 | $-24.9M | $-31.7M | ||
| Q3 25 | $-18.1M | $-12.0M | ||
| Q2 25 | $-13.1M | — | ||
| Q1 25 | $-14.6M | $-14.6M | ||
| Q4 24 | $-20.5M | $-12.4M | ||
| Q3 24 | $4.5M | $-19.9M | ||
| Q2 24 | $7.9M | $-23.1M | ||
| Q1 24 | $-14.1M | $-34.3M |
| Q4 25 | -49.9% | -117.2% | ||
| Q3 25 | -43.4% | -48.6% | ||
| Q2 25 | -27.7% | — | ||
| Q1 25 | -31.2% | -61.7% | ||
| Q4 24 | -36.2% | -40.9% | ||
| Q3 24 | 6.6% | -79.5% | ||
| Q2 24 | 11.4% | -102.8% | ||
| Q1 24 | -22.0% | -193.3% |
| Q4 25 | 4.2% | 8.5% | ||
| Q3 25 | 7.0% | 5.7% | ||
| Q2 25 | 6.1% | — | ||
| Q1 25 | 11.2% | 0.6% | ||
| Q4 24 | 10.3% | 0.1% | ||
| Q3 24 | 12.4% | 3.4% | ||
| Q2 24 | 13.8% | 6.1% | ||
| Q1 24 | 8.8% | 2.4% |
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% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
