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Microvast Holdings, Inc. MVST United States — Revenue

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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-69.4%
Enterprise value$268.97M-78.4%
P/E123×
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
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 / %
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 united states — revenue?
Microvast Holdings, Inc. (MVST) reported united states — revenue of $234K in Q1 2026.
How has Microvast Holdings, Inc.'s united states — revenue changed year-over-year?
Microvast Holdings, Inc.'s united states — revenue decreased by 96.3% year-over-year, from $6.39M to $234K.
What is the long-term trend for Microvast Holdings, Inc.'s united states — revenue?
Over 4 years (2021 to 2025), Microvast Holdings, Inc.'s united states — revenue has grown at a 155.8% compound annual growth rate (CAGR), from $918K to $39.31M.
What does united states — revenue mean?
This metric represents the total gross revenue generated from business activities within the United States geographic segment. It reflects the company's ability to capture market share and monetize its battery technology solutions within this specific region.

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