Microvast Holdings, Inc. (MVST)

Microvast Holdings Revenue

Microvast Holdings had revenue of $45.81M in the quarter ending September 30, 2026, a decrease of -62.85%. This brings the company's total for the last twelve months to $290.08M, down -34.74% year-over-year. In the year 2025, Microvast Holdings had annual revenue of $427.52M with 12.56% growth. That makes Microvast Holdings the 13,167th largest company in the world by revenue and 2,482nd in the United States.

• Revenue (ttm): $290.08M
• Revenue Growth: -34.74%
• P/S Ratio: 0.82
• Revenue / Employee: $152,032
• Employees: 1,908
• Market Cap: 237.45M

Revenue Chart

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Revenue by Geography

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• China 138.95M 32.5%
• Italy 92.94M 21.7%
• France 78.19M 18.3%
• Other Europe 40.81M 9.5%
• U.S. 39.31M 9.2%
• India 34.57M 8.1%
• Other Asia & Pacific 2.75M 0.6%

Fiscal year ended Dec 31, 2025 See the full Microvast Holdings breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	427.52M	47.72M	12.56%
Dec 31, 2024	379.80M	73.18M	23.87%
Dec 31, 2023	306.62M	102.12M	49.94%
Dec 31, 2022	204.50M	52.52M	34.56%
Dec 31, 2021	151.98M	44.46M	41.35%
Dec 31, 2020	107.52M	31.08M	40.67%
Dec 31, 2019	76.43M	-97.80M	-56.13%
Dec 31, 2018	174.24M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Nov 9, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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