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$3.7B+10.9%

Other financials

Income statement

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

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 notes payable?
Microvast Holdings, Inc. (MVST) reported notes payable of $52.26M in Q1 2026.
How has Microvast Holdings, Inc.'s notes payable changed year-over-year?
Microvast Holdings, Inc.'s notes payable increased by 9.1% year-over-year, from $47.9M to $52.26M.
What is the long-term trend for Microvast Holdings, Inc.'s notes payable?
Over 5 years (2020 to 2025), Microvast Holdings, Inc.'s notes payable has grown at a 17.0% compound annual growth rate (CAGR), from $35.78M to $78.32M.
What does notes payable mean?
This represents the total principal amount of short-term or long-term debt obligations evidenced by formal promissory notes. It serves as a primary indicator of the company's reliance on debt financing to fund operations or capital projects. Investors track this to evaluate the company's debt burden and its ability to meet contractual repayment obligations.