Microvast Holdings (MVST) Financials: History & Chart

Microvast Holdings, Inc.(MVST)

Electrical Equipment & Parts · Stafford, TX

$0.62+0.00 (+0.80%)

Delayed quote: Oct 6, 2026, 12:15 PM EDT

About Microvast Holdings, Inc.

Microvast Holdings, Inc. is a company that designs, develops, and manufactures advanced battery systems tailored for electric vehicles (EVs) and stationary energy storage. The company showcases vertical integration by also producing key battery components, including cathodes, anodes, electrolytes, and separators. Their product offerings feature a diverse selection of cell chemistries, such as lithium titanate oxide (LTO), lithium iron phosphate (LFP), and both first and second-generation nickel manganese cobalt (NMC). Microvast's battery solutions are utilized across a broad spectrum of commercial vehicle markets worldwide, encompassing buses, trains, mining trucks, marine and port equipment, automated guided vehicles (AGVs), specialty vehicles, and light, medium, and heavy-duty trucks. Established in 2006, the company's base of operations is in Stafford, Texas.

Stafford, TX

1,908 employees

www.microvast.com

Industrials / Electrical Equipment & Parts

Sector: Industrials
Industry: Electrical Equipment & Parts
CEO: Yang Wu

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	367.56M	87.26M	60.61M	96.40M	123.29M	91.34M	116.49M	113.39M	101.39M
Cost of Goods Sold	275.25M	61.48M	41.46M	95.44M	76.88M	59.62M	73.47M	71.87M	67.78M
Gross Profit	92.31M	25.78M	19.16M	959K	46.41M	31.72M	43.02M	41.52M	33.61M
Gross Profit Margin	25.1%	29.5%	31.6%	1.0%	37.6%	34.7%	36.9%	36.6%	33.2%
Total Operating Expenses	127.38M	27.50M	27.09M	39.37M	33.42M	15.51M	24.08M	66.05M	26.43M
Research & Development	35.81M	8.86M	8.81M	10.38M	7.76M	7.72M	8.25M	8.77M	10.69M
Selling, General & Administrative	92.26M	18.63M	18.28M	29.68M	25.67M	7.42M	17.25M	29.34M	16.80M
Operating Income (EBIT)	-35.08M	-1.72M	-7.93M	-38.41M	12.99M	16.21M	18.93M	-24.53M	7.19M
Operating Margin	-9.5%	-2.0%	-13.1%	-39.8%	10.5%	17.8%	16.3%	-21.6%	7.1%
Income Before Tax (EBT)	45.73M	-11.99M	48.21M	10.26M	-750K	-105.84M	61.79M	-105.44M	13.25M
Interest Income	1.70M	733K	382K	346K	236K	198K	177K	191K	186K
Interest Expense	5.02M	1.33M	1.23M	1.21M	1.25M	1.25M	1.19M	1.59M	4.29M
Other Income/Expense	80.80M	-10.27M	56.15M	48.67M	-13.74M	-122.05M	42.86M	-80.91M	6.06M
Net Income	51.27M	-11.99M	48.21M	16.54M	-1.49M	-106.06M	61.79M	-105.44M	13.25M
Income Tax Expense	-5.54M	0.00	0.00	-6.28M	739K	220K	0.00	0.00	0.00
Net Profit Margin	13.9%	-13.7%	79.5%	17.2%	-1.2%	-116.1%	53.0%	-93.0%	13.1%
EBITDA	-2.26M	6.36M	148K	-30.03M	21.27M	24.51M	27.11M	-16.72M	14.91M
EBITDA Margin	-0.6%	7.3%	0.2%	-31.2%	17.2%	26.8%	23.3%	-14.7%	14.7%
Depreciation & Amortization	32.82M	8.08M	8.08M	8.38M	8.27M	8.30M	8.18M	7.81M	7.72M
EPS Basic	0.16	-0.03	0.15	0.05	-0.00	-0.33	0.19	-0.33	0.04
EPS Diluted	N/A	-0.03	N/A	0.05	-0.00	-0.33	0.17	-0.33	0.04
Weighted Average Basic Shares	348.95M	348.95M	332.36M	327.93M	323.76M	323.64M	323.43M	322.33M	320.55M
Weighted Average Diluted Shares	348.95M	348.95M	385.27M	337.43M	323.76M	323.64M	374.43M	322.33M	367.03M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	427.52M	379.80M	306.62M	204.50M	151.98M	107.52M	76.43M	174.24M
Cost of Goods Sold	272.90M	260.25M	249.39M	195.42M	194.72M	90.38M	76.67M	153.39M
Gross Profit	154.62M	119.55M	57.23M	9.07M	-42.74M	17.14M	-231K	20.85M
Gross Profit Margin	36.2%	31.5%	18.7%	4.4%	-28.1%	15.9%	-0.3%	12.0%
Total Operating Expenses	114.13M	235.64M	163.96M	169.02M	151.32M	46.25M	53.63M	73.14M
Research & Development	34.11M	41.06M	45.00M	43.51M	34.38M	16.64M	26.00M	32.45M
Selling, General & Administrative	35.62M	104.06M	120.40M	125.39M	123.06M	32.61M	30.88M	46.39M
Operating Income (EBIT)	40.49M	-116.09M	-106.73M	-159.95M	-194.06M	-29.11M	-53.86M	-57.99M
Operating Margin	9.5%	-30.6%	-34.8%	-78.2%	-127.7%	-27.1%	-70.5%	-33.3%
Income Before Tax (EBT)	-34.54M	-195.46M	-106.40M	-158.17M	-206.48M	-33.62M	-59.47M	-54.27M
Interest Income	957K	742K	3.61M	3.18M	446K	571K	884K	N/A
Interest Expense	4.90M	9.71M	2.63M	3.32M	5.41M	5.74M	6.35M	N/A
Other Income/Expense	-75.03M	-79.37M	327K	1.78M	-12.42M	-4.52M	-5.61M	3.72M
Net Income	-29.22M	-195.46M	-106.34M	-158.20M	-216.01M	-49.55M	-72.59M	-100.03M
Income Tax Expense	-5.33M	0.00	10K	33K	0.00	1K	189K	6.42M
Net Profit Margin	-6.8%	-51.5%	-34.7%	-77.4%	-142.1%	-46.1%	-95.0%	-57.4%
EBITDA	73.62M	-85.26M	-83.80M	-139.58M	-173.35M	-12.31M	-38.47M	-45.24M
EBITDA Margin	17.2%	-22.4%	-27.3%	-68.3%	-114.1%	-11.5%	-50.3%	-26.0%
Depreciation & Amortization	33.13M	30.83M	22.93M	20.36M	20.71M	16.79M	15.39M	12.75M
EPS Basic	-0.09	-0.61	-0.34	-0.52	-1.26	N/A	N/A	N/A
EPS Diluted	-0.09	-0.61	-0.34	-0.52	-1.26	N/A	N/A	N/A
Weighted Average Basic Shares	324.69M	318.46M	310.91M	303.28M	185.90M	99.03M	35.05M	35.49M
Weighted Average Diluted Shares	324.69M	318.46M	310.91M	303.28M	185.90M	99.03M	35.05M	35.49M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.