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Microvast Holdings, Inc. MVST Free cash flow margin

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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$291.45M-70.4%
Enterprise value$258.58M-79.3%
P/E118.8×
P/S0.8×-1.5×

Profitability

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

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.

Based on trailing twelve months.

The source filing: Microvast Holdings, Inc.’s 10-Q, filed May 11, 2026. Open the filing →

Filed
May 11, 2026, 4:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033590

FAQ

What is Microvast Holdings, Inc.'s free cash flow margin?
Microvast Holdings, Inc. (MVST) reported free cash flow margin of 6.9% in Q1 2026.
What is the long-term trend for Microvast Holdings, Inc.'s free cash flow margin?
Over 3 years (2021 to 2025), Microvast Holdings, Inc.'s free cash flow margin has grown at a -46.9% compound annual growth rate (CAGR), from -87.4% to 13.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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