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Microvast Holdings, Inc. MVST Asia & Pacific — Revenue

Other geography segments

Other Asia & Pacific countries
$2.27M-61.8%
Other European countries
$243K

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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$301.84M-70.4%
Enterprise value$268.97M-79.3%
P/E123×
P/S0.8×-1.6×

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

Reported directly by Microvast Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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

Filed
May 11, 2026, 4:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033590
Geographic regionsThree Months Ended March 31, 2026 / AmountThree Months Ended March 31, 2026 / %Three Months Ended March 31, 2025 / AmountThree Months Ended March 31, 2025 / %
China$14,87725%$44,12638%
Other Asia & Pacific countries2,2654%5,9255%
Asia & Pacific17,14229%50,05143%
Italy31,31352%36,58731%
France11,68019%18,36316%
Other European countries2435,1005%
Europe43,23671%60,05052%
United States2346,3905%

Item 1. ated Financial

FAQ

What is Microvast Holdings, Inc.'s asia & pacific — revenue?
Microvast Holdings, Inc. (MVST) reported asia & pacific — revenue of $17.14M in Q1 2026.
How has Microvast Holdings, Inc.'s asia & pacific — revenue changed year-over-year?
Microvast Holdings, Inc.'s asia & pacific — revenue decreased by 65.8% year-over-year, from $50.05M to $17.14M.
What is the long-term trend for Microvast Holdings, Inc.'s asia & pacific — revenue?
Over 2 years (2022 to 2024), Microvast Holdings, Inc.'s asia & pacific — revenue has grown at a -2.0% compound annual growth rate (CAGR), from $185.04M to $177.7M.
What does asia & pacific — revenue mean?
Represents the total gross revenue generated by the company's operations within the Asia-Pacific geographic region. This metric tracks the market demand and sales performance of battery solutions specifically within this territory.

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