Microvast Holdings, Inc. (MVST)
NASDAQ: MVST · Real-Time Price · USD
0.6955
+0.0433 (6.64%)
Sep 22, 2026, 12:49 PM EDT - Market open
Microvast Holdings Financials Overview
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 | Jun '26 Jun 30, 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 Revenue Growth | 367.56 | 427.52 | 379.8 | 306.62 | 204.5 | 151.98 |
Revenue Growth | -13.03% | 12.56% | 23.87% | 49.94% | 34.56% | 41.35% |
Gross Profit Gross Profit Growth | 124.81 | 154.62 | 119.55 | 57.23 | 9.07 | -42.74 |
Operating Income Operating Income Growth | 7.6 | 40.49 | -25.58 | -108.18 | -159.82 | -200.19 |
Net Income Net Income Growth | 51.27 | -29.22 | -195.46 | -106.34 | -158.2 | -234.1 |
Earnings Per Share EPS Growth | -0.02 | -0.09 | -0.61 | -0.34 | -0.52 | -1.26 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
China China Growth | 108.19 | 138.95 | 127.14 | 156.48 | 132.47 | 93.33 |
Other Asia & Pacific Other Asia & Pacific Growth | -10.45 | 2.75 | 1.79 | 2.05 | 5.24 | 8.17 |
Italy Italy Growth | 111.39 | 92.94 | 150.81 | 56.59 | 6.39 | 3.14 |
France France Growth | 73.99 | 78.19 | 12.76 | 7.82 | - | - |
Other Europe Other Europe Growth | 23.26 | 40.81 | 24.15 | 19.95 | 9.42 | 5.02 |
U.S. U.S. Growth | 26.62 | 39.31 | 14.39 | 3.13 | 3.65 | 0.92 |
India India Growth | - | 34.57 | 48.77 | 60.61 | 47.32 | 17.81 |
Total Total Growth | 367.56 | 427.52 | 379.8 | 306.62 | 204.5 | 151.98 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Cash & Investments Cash & Investments Growth | 127.83 | 105.95 | 73.98 | 51.13 | 257.42 | 481.96 |
Total Debt Total Debt Growth | 193.04 | 384.49 | 328.89 | 205.18 | 175.01 | 147.4 |
Net Cash (Debt) Net Cash Growth | -65.21 | -278.54 | -254.91 | -154.06 | 82.41 | 334.56 |
Net Cash Growth | - | - | - | - | -75.37% | - |
Net Cash Per Share Net Cash Per Share Growth | -0.18 | -0.86 | -0.80 | -0.50 | 0.27 | 1.80 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | -1.72 | 75.91 | 2.81 | -75.3 | -53.93 | -45.04 |
Capital Expenditures CapEx Growth | -28.8 | -19.83 | -27.72 | -186.79 | -150.88 | -87.86 |
Free Cash Flow Free Cash Flow Growth | -30.52 | 56.07 | -24.91 | -262.09 | -204.81 | -132.9 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Gross Margin | 33.96% | 36.17% | 31.48% | 18.66% | 4.44% | -28.13% |
Operating Margin | 2.07% | 9.47% | -6.73% | -35.28% | -78.15% | -131.72% |
Pretax Margin | 12.44% | -8.08% | -51.46% | -34.70% | -77.35% | -135.87% |
Profit Margin | 13.95% | -6.83% | -51.46% | -34.68% | -77.36% | -154.04% |
FCF Margin | -8.30% | 13.12% | -6.56% | -85.48% | -100.15% | -87.45% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 22, 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 |
Forward PE | 6.32 | 16.47 | 34.50 | 12.88 | - | - |
P/FCF Ratio | - | 16.30 | - | - | - | - |
PS Ratio | 0.68 | 2.14 | 1.76 | 1.44 | 2.30 | 11.13 |