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Other geography segments

India
$47.32M+166%
China
$39.12M
Italy
$14.15M
United States
$182K

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Other financials

Income statement

See full
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

See full
Market cap$301.84M-69.4%
Enterprise value$268.97M-78.4%
P/E123×
P/S0.8×-1.5×

Profitability

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

Returns & leverage

See full
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 / %
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%
Total$60,612100%$116,491100%

Item 1. ated Financial

FAQ

What is Microvast Holdings, Inc.'s france — revenue?
Microvast Holdings, Inc. (MVST) reported france — revenue of $11.68M in Q1 2026.
How has Microvast Holdings, Inc.'s france — revenue changed year-over-year?
Microvast Holdings, Inc.'s france — revenue decreased by 36.4% year-over-year, from $18.36M to $11.68M.
What does france — revenue mean?
Represents the total gross revenue generated from business activities, product sales, or services provided within the French geographic market. This metric tracks the company's ability to capture market share and scale operations within this specific region. It serves as a key indicator of regional demand and the success of local commercial strategies.

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