Microvast Holdings, Inc. (MVST)

NASDAQ: MVST · Real-Time Price · USD

1.550

-0.050 (-3.13%)

At close: May 29, 2026, 4:00 PM EDT

1.570

+0.020 (1.29%)

After-hours: May 29, 2026, 7:59 PM EDT

Microvast Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	371.64	427.52	379.8	306.62	204.5	151.98
Revenue Growth (YoY)	-10.44%	12.56%	23.87%	49.94%	34.56%	41.35%
Cost of Revenue	240.88	272.9	260.25	249.39	195.42	194.72
Gross Profit	98.25	122.11	119.55	57.23	9.07	-42.74
Selling, General & Admin	81.05	80.02	104.06	120.4	125.39	123.06
Research & Development	34.67	34.11	41.07	45	43.51	34.39
Other Operating Expenses	31.41	33.51	90.52	-1.45	0.13	-6.13
Total Operating Expenses	147.13	147.63	235.64	163.96	169.02	151.32
Operating Income	-19.88	6.98	-116.09	-106.73	-159.95	-194.06
Interest Income	1.16	0.96	0.74	3.61	3.18	0.45
Interest Expense	-4.94	-4.9	-9.71	-2.63	-3.32	-5.41
Other Non-Operating Income (Expense)	-24.46	-37.58	-70.4	-0.65	1.92	-7.45
Total Non-Operating Income (Expense)	-28.24	-41.53	-79.37	0.33	1.78	-12.42
Pretax Income	-106.59	-34.54	-195.46	-106.4	-158.17	-206.48
Provision for Income Taxes	7.24	5.33	-	-0.01	0.03	-
Net Income	-42.8	-29.22	-195.46	-106.49	-158.2	-234.1
Minority Interest in Earnings	-	-	-	0.08	-	-
Net Income Attributable to Preferred Dividends	-	-	-	-	-	27.62
Net Income to Common	-42.8	-29.22	-195.46	-106.49	-158.2	-234.1
Shares Outstanding (Basic)	327	325	318	311	303	186
Shares Outstanding (Diluted)	343	325	318	311	303	186
Shares Change (YoY)	-0.67%	1.96%	2.43%	2.52%	63.14%	87.72%
EPS (Basic)	-0.13	-0.09	-0.61	-0.34	-0.52	-1.26
EPS (Diluted)	-0.12	-0.09	-0.61	-0.34	-0.52	-1.26
Shares Outstanding	333.16	331.79	323.14	314.97	307.54	298.84
Free Cash Flow	25.6	56.07	-24.91	-262.09	-204.81	-132.9
Free Cash Flow Growth	-54.35%	-	-	-	-	-
Free Cash Flow Per Share	0.07	0.17	-0.08	-0.84	-0.68	-0.71
Gross Margin	26.44%	28.56%	31.48%	18.66%	4.44%	-28.12%
Operating Margin	-5.35%	1.63%	-30.57%	-34.81%	-78.22%	-127.69%
Profit Margin	-11.52%	-6.83%	-51.46%	-34.71%	-77.36%	-135.87%
FCF Margin	6.89%	13.12%	-6.56%	-85.48%	-100.15%	-87.45%
EBITDA	12.96	40.11	-85.26	-83.8	-139.58	-173.35
EBITDA Margin	3.49%	9.38%	-22.45%	-27.33%	-68.26%	-114.06%
EBIT	-19.88	6.98	-116.09	-106.73	-159.95	-194.06
EBIT Margin	-5.35%	1.63%	-30.57%	-34.81%	-78.22%	-127.69%
Effective Tax Rate	-6.80%	-15.42%	0.00%	0.01%	-0.02%	0.00%

SEC Filings: 10-K · 10-Q