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Net Income at other companies

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SES AISES
-$12.1M+2.7%
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EnerSysENS
$77.3M-19.9%
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Energy Vault HoldingsNRGV
-$32.49M-53.7%
Albemarle logo
AlbemarleALB
$319.09M+672%
Enovix Corporation logo
Enovix CorporationENVX
-$38.26M-62.7%
QuantumScape Corporation
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QuantumScape Corporation QS
-$100.8M+11.9%

Other financials

Income statement

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Revenue$60.6M-48.0%
Gross profit$19.2M-55.5%
Operating income-$7.9M-152%
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

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

Tagged under the XBRL concept us-gaap:ProfitLoss.

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 net income?
Microvast Holdings, Inc. (MVST) reported net income of $48.21M in Q1 2026.
How has Microvast Holdings, Inc.'s net income changed year-over-year?
Microvast Holdings, Inc.'s net income decreased by 22.0% year-over-year, from $61.79M to $48.21M.
What is the long-term trend for Microvast Holdings, Inc.'s net income?
Over 3 years (2021 to 2024), Microvast Holdings, Inc.'s net income has grown at a 5.8% compound annual growth rate (CAGR), from -$165.21M to -$195.46M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.