Microvast Holdings, Inc. (MVST)
NASDAQ: MVST · Real-Time Price · USD
1.080
-0.030 (-2.70%)
Jun 29, 2026, 11:23 AM EDT - Market open
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 |
| 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 | 2.41 | 33.51 | 90.52 | -1.45 | 0.13 | -6.13 |
Total Operating Expenses | 118.13 | 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) | -24.52 | -37.58 | -70.4 | -0.65 | 1.92 | -7.45 |
Total Non-Operating Income (Expense) | -28.3 | -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 | 0.96 | 5.33 | - | -0.01 | 0.03 | - |
Net Income | -42.8 | -29.22 | -195.46 | -106.41 | -158.2 | -206.48 |
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 |
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 | -0.90% | -15.42% | 0.00% | 0.01% | -0.02% | 0.00% |