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ChargePoint vs Microvast: revenue, profit, margins and growth compared

ChargePoint brought in $411.2M of revenue in fiscal 2026, Microvast $427.5M in fiscal 2025. Revenue changed by -1.4% at ChargePoint and +12.6% at Microvast on the year before, so Microvast grew faster. ChargePoint kept -53.5% of its revenue as net profit, Microvast -6.8%. Free cash flow was -$67M at ChargePoint and $56.1M at Microvast.

Side by side, latest fiscal year

CHPTMVST
Fiscal year endedFY2026 (January 31, 2026)FY2025 (December 31, 2025)
Revenue$411.2M$427.5M
Revenue growth-1.4%+12.6%
Net income-$220.2M-$29.2M
Net margin-53.5%-6.8%
Free cash flow-$67M$56.1M
Free cash flow margin-16.3%13.1%
Earnings per share (diluted)-$9.41-$0.09
Cash$141.6M$105M
Debt$260.9M$13.2M
Price to earningsn/an/a
Market value$231.3M$264.6M
Dividend yieldn/an/a
Rank by revenue in sector#17 of 34 · Other#16 of 34 · Other

Over the years

Revenue
CHPT FY2020: $144.5MCHPT FY2022: $146.5MCHPT FY2022: $241MCHPT FY2023: $468.1MCHPT FY2024: $506.6MCHPT FY2025: $417.1MCHPT FY2026: $411.2MMVST FY2019: $76.4MMVST FY2020: $107.5MMVST FY2021: $152MMVST FY2022: $204.5MMVST FY2023: $306.6MMVST FY2024: $379.8MMVST FY2025: $427.5MFY19FY20FY21FY22FY23FY24FY25FY26
CHPT $411.2MMVST $427.5M
Net income
CHPT FY2020: -$134.3MCHPT FY2020: -$315.3MCHPT FY2022: -$197MCHPT FY2022: -$132.2MCHPT FY2023: -$345.1MCHPT FY2024: -$457.6MCHPT FY2025: -$277.1MCHPT FY2026: -$220.2MMVST FY2019: $3.4MMVST FY2020: -$2.4MMVST FY2021: -$206.5MMVST FY2022: -$158.2MMVST FY2023: -$106.3MMVST FY2024: -$195.5MMVST FY2025: -$29.2MFY19FY20FY21FY22FY23FY24FY25FY26
CHPT -$220.2MMVST -$29.2M
Net margin
CHPT FY2020: -93.0%CHPT FY2022: -134.5%CHPT FY2022: -54.9%CHPT FY2023: -73.7%CHPT FY2024: -90.3%CHPT FY2025: -66.4%CHPT FY2026: -53.5%MVST FY2019: 4.4%MVST FY2020: -2.3%MVST FY2021: -135.9%MVST FY2022: -77.4%MVST FY2023: -34.7%MVST FY2024: -51.5%MVST FY2025: -6.8%FY19FY20FY21FY22FY23FY24FY25FY26
CHPT -53.5%MVST -6.8%
Revenue growth
CHPT FY2022: +64.5%CHPT FY2023: +94.2%CHPT FY2024: +8.2%CHPT FY2025: -17.7%CHPT FY2026: -1.4%MVST FY2020: +40.7%MVST FY2021: +41.3%MVST FY2022: +34.6%MVST FY2023: +49.9%MVST FY2024: +23.9%MVST FY2025: +12.6%FY20FY21FY22FY23FY24FY25FY26
CHPT -1.4%MVST +12.6%
Free cash flow
CHPT FY2020: -$102.8MCHPT FY2022: -$103.3MCHPT FY2022: -$173.6MCHPT FY2023: -$285.6MCHPT FY2024: -$348.4MCHPT FY2025: -$159MCHPT FY2026: -$67MMVST FY2019: -$6.9MMVST FY2020: -$3.1MMVST FY2021: -$132.9MMVST FY2022: -$204.8MMVST FY2023: -$262.1MMVST FY2024: -$24.9MMVST FY2025: $56.1MFY19FY20FY21FY22FY23FY24FY25FY26
CHPT -$67MMVST $56.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about ChargePoint and Microvast

Which is bigger by revenue, ChargePoint or Microvast?

Microvast is bigger by revenue: $427.5M in fiscal 2025, against $411.2M for ChargePoint in fiscal 2026.

Which keeps more of its revenue as profit, ChargePoint or Microvast?

ChargePoint had a net margin of -53.5% in fiscal 2026; Microvast had -6.8% in fiscal 2025.

Which grew revenue faster, ChargePoint or Microvast?

In their latest fiscal years revenue changed by -1.4% at ChargePoint and +12.6% at Microvast.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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