Microvast Holdings, Inc. (MVST)
NASDAQ: MVST · Real-Time Price · USD
0.6902
-0.0278 (-3.87%)
At close: Sep 1, 2026, 4:00 PM EDT
0.6970
+0.0068 (0.99%)
After-hours: Sep 1, 2026, 6:52 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 | 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 |
| 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% |
Cost of Revenue | 242.75 | 272.9 | 260.25 | 249.39 | 195.42 | 194.72 |
Gross Profit | 124.81 | 154.62 | 119.55 | 57.23 | 9.07 | -42.74 |
Selling, General & Admin | 81.4 | 80.02 | 104.06 | 120.4 | 125.39 | 123.06 |
Research & Development | 35.81 | 34.11 | 41.07 | 45 | 43.51 | 34.39 |
Operating Expenses | 117.22 | 114.13 | 145.13 | 165.41 | 168.89 | 157.45 |
Operating Income | 7.6 | 40.49 | -25.58 | -108.18 | -159.82 | -200.19 |
Interest Expense | -5.02 | -4.9 | -9.71 | -2.63 | -3.32 | -5.41 |
Interest & Investment Income | 1.7 | 0.96 | 0.74 | 3.61 | 3.18 | 0.45 |
Currency Exchange Gain (Loss) | -22.46 | - | - | - | - | - |
Other Non Operating Income (Expenses) | 97.59 | -38.46 | -78.96 | 1.29 | 1.91 | 2.42 |
EBT Excluding Unusual Items | 79.41 | -1.92 | -113.5 | -105.9 | -158.06 | -202.74 |
Gain (Loss) on Sale of Assets | -0.41 | -0.41 | -0.84 | -1.95 | 0.01 | -0.01 |
Asset Writedown | -35.31 | -36.65 | -93.17 | -0.5 | -1.8 | - |
Other Unusual Items | 2.05 | 4.44 | 12.06 | 1.95 | 1.67 | -3.73 |
Pretax Income | 45.73 | -34.54 | -195.46 | -106.4 | -158.17 | -206.48 |
Income Tax Expense | -5.55 | -5.33 | - | 0.01 | 0.03 | - |
Earnings From Continuing Operations | 51.27 | -29.22 | -195.46 | -106.41 | -158.2 | -206.48 |
Minority Interest in Earnings | - | - | - | 0.08 | - | - |
Net Income | 51.27 | -29.22 | -195.46 | -106.34 | -158.2 | -206.48 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 27.62 |
Net Income to Common | 51.27 | -29.22 | -195.46 | -106.34 | -158.2 | -234.1 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 333 | 325 | 318 | 311 | 303 | 186 |
Shares Outstanding (Diluted) | 354 | 325 | 318 | 311 | 303 | 186 |
Shares Change | 9.88% | 1.96% | 2.43% | 2.52% | 63.14% | 87.72% |
EPS (Basic) | 0.15 | -0.09 | -0.61 | -0.34 | -0.52 | -1.26 |
EPS (Diluted) | -0.02 | -0.09 | -0.61 | -0.34 | -0.52 | -1.26 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
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 |
Free Cash Flow | -30.52 | 56.07 | -24.91 | -262.09 | -204.81 | -132.9 |
Free Cash Flow Per Share | -0.09 | 0.17 | -0.08 | -0.84 | -0.68 | -0.71 |
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% |
Profit Margin | 13.95% | -6.83% | -51.46% | -34.68% | -77.36% | -154.04% |
Free Cash Flow Margin | -8.30% | 13.12% | -6.56% | -85.48% | -100.15% | -87.45% |
EBITDA | 40.8 | 73.62 | 5.26 | -85.25 | -139.46 | -179.48 |
EBITDA Margin | 11.10% | 17.22% | 1.38% | -27.80% | -68.19% | -118.10% |
D&A For EBITDA | 33.2 | 33.13 | 30.83 | 22.93 | 20.37 | 20.71 |
EBIT | 7.6 | 40.49 | -25.58 | -108.18 | -159.82 | -200.19 |
EBIT Margin | 2.07% | 9.47% | -6.73% | -35.28% | -78.15% | -131.72% |