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Microvast Holdings, Inc. MVST Operating Lease Liabilities (Total)

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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:OperatingLeaseLiability.

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

As of March 31, 2026, the Company had operating lease liabilities of $16.8 million, including current portion of $2.8 million, which is presented under accrued expenses and other current liabilities on the consolidated balance sheet. The weighted average remaining lease term was 8.5 years and weighted average discount rate was 5.0%.

Item 1. ated Financial

FAQ

What is Microvast Holdings, Inc.'s operating lease liabilities (total)?
Microvast Holdings, Inc. (MVST) reported operating lease liabilities (total) of $16.8M in Q1 2026.
How has Microvast Holdings, Inc.'s operating lease liabilities (total) changed year-over-year?
Microvast Holdings, Inc.'s operating lease liabilities (total) decreased by 7.7% year-over-year, from $18.21M to $16.8M.
What is the long-term trend for Microvast Holdings, Inc.'s operating lease liabilities (total)?
Over 4 years (2021 to 2025), Microvast Holdings, Inc.'s operating lease liabilities (total) has grown at a -2.1% compound annual growth rate (CAGR), from $18.78M to $17.26M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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