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Discontinued — last reported Q1 '26

EBIT at other companies

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-$17.87M+23.2%
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-$24.2M-15.8%
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-$43.9M-3.1%
QuantumScape Corporation
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-$109.18M+11.6%
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EnerSysENS
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AlbemarleALB

Other financials

Income statement

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Revenue$60.6M-48.0%
Gross profit$19.2M-55.5%
Operating income-$7.9M-152%
Net income$48.2M-22.0%
EPS (diluted)-$0.04-180%

Balance sheet

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Cash & equivalents$126.1M+2.5%
Total debt$93.3M-65.4%
Total equity$466.1M+2.6%
Total assets$987.5M+0.5%

Cash flow

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Operating cash flow-$22.8M-418%
CapEx$2.9M+21.7%
Free cash flow-$25.7M-632%

Valuation

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Market cap$374.8M-70.5%
Enterprise value$341.93M-75.9%
P/E152.7×
P/S-2.1×

Profitability

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Gross margin26.4%-8.6pp
Operating margin9.7%+5.4pp
Net margin-28.8%-5.3pp
FCF margin6.9%

Returns & leverage

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Return on equity-30.3%+5.7pp
Debt / equity0.2×-0.4×
Current ratio-0.4×

Where this comes from

Calculated from Microvast Holdings, Inc.’s reported figures.

Plus components not separately reported this period.

The official record: Microvast Holdings, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvast Holdings, Inc.'s EBIT?
Microvast Holdings, Inc. (MVST) reported EBIT of -$7.93M in Q1 2026.
How has Microvast Holdings, Inc.'s EBIT changed year-over-year?
Microvast Holdings, Inc.'s EBIT decreased by 152.0% year-over-year, from $15.27M to -$7.93M.
What is the long-term trend for Microvast Holdings, Inc.'s EBIT?
Over 3 years (2021 to 2024), Microvast Holdings, Inc.'s EBIT has grown at a -10.6% compound annual growth rate (CAGR), from -$162.32M to -$116.09M.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.