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Microvast Holdings, Inc. (MVST)

Microvast Holdings, Inc. brought in $367.6M of revenue over the twelve months to June 30, 2026, down 13.0% from a year earlier. Net income was $51.3M, a net margin of 13.9%. Operating cash flow minus capital spending left $56.1M of free cash flow in fiscal 2025. At June 30, 2026 it held $127.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.

Revenue (last 12 months)
$367.6M
-13.0% year on year
Net margin
13.9%

What Microvast Holdings, Inc. does

Microvast Holdings, Inc. is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NASDAQ under the ticker MVST.

Revenue and profit by year

Revenue
FY19: $76.4M $76.4M FY19FY20: $107.5M $107.5M FY20FY21: $152M $152M FY21FY22: $204.5M $204.5M FY22FY23: $306.6M $306.6M FY23FY24: $379.8M $379.8M FY24FY25: $427.5M $427.5M FY25
Net income
FY19: $3.4M $3.4M FY19FY20: -$2.4M -$2.4M FY20FY21: -$206.5M -$206.5M FY21FY22: -$158.2M -$158.2M FY22FY23: -$106.3M -$106.3M FY23FY24: -$195.5M -$195.5M FY24FY25: -$29.2M -$29.2M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$427.5M$7M-$29.2M-$0.09$56.1M
2024$379.8M-$116.1M-$195.5M-$0.61-$24.9M
2023$306.6M-$106.7M-$106.3M-$0.34-$262.1M
2022$204.5M-$159.9M-$158.2M-$0.52-$204.8M
2021$152M-$194.1M-$206.5M-$1.26-$132.9M
2020$107.5M-$29.1M-$2.4M-$0.82-$3.1M

Latest SEC filings

What Microvast Holdings, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 31, 2026
  2. August 11, 2026
  3. August 10, 2026
    Quarterly report 10-Q · period to June 30, 2026
  4. August 7, 2026
  5. July 22, 2026
  6. May 28, 2026
  7. May 11, 2026
  8. May 11, 2026
    Quarterly report 10-Q · period to March 31, 2026
  9. March 16, 2026
    Annual report 10-K · period to December 31, 2025
  10. March 16, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on June 12, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about MVST

What does Microvast Holdings, Inc. do?

Microvast Holdings, Inc. is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NASDAQ under the ticker MVST.

Is Microvast Holdings, Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $51.3M on revenue of $367.6M, a net margin of 13.9%.

How much revenue does Microvast Holdings, Inc. make?

Over the twelve months to June 30, 2026 Microvast Holdings, Inc. reported revenue of $367.6M. That is 13.0% less than a year earlier.

When did Microvast Holdings, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the stock exchange listing notice from August 31, 2026.

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Where the numbers come from

Financial figures are the values Microvast Holdings, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.