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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin26.4%-2.1pp28.6%-8.0pp36.6%+1.1pp35.5%+0.4pp35%+3.5pp
Free cash flow margin6.9%-6.2pp13.1%
Efficiency
Asset turnover0.4×-0.1×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Liquidity
Current ratio0.0×0.9×+0.1×0.8×0.0×0.8×-0.5×1.3×0.0×
Quick ratio0.7×0.0×0.7×+0.1×0.6×0.0×0.6×-0.4×0.9×+0.1×
Cash ratio0.3×+0.1×0.2×-0.1×0.3×0.0×0.3×-0.1×0.4×+0.1×
Leverage
Debt-to-equity0.2×-0.4×0.6×-0.5×1.2×0.0×1.1×+0.5×0.6×+0.1×
Debt-to-assets0.1×-0.2×0.2×-0.2×0.4×0.0×0.4×+0.1×0.3×+0.1×
Per Share
Book value per share$1.21-4.3%$1.26+14.3%$1.11+0.5%$1.10-9.3%$1.21-0.4%
Valuation
Market capitalization$374.8M-70.5%$918.91M-26.6%$1.25B-1.5%$1.27B+236%$378.96M-43.2%
Enterprise value$341.93M-75.9%$1.07B-30.1%$1.52B-0.6%$1.53B+192%$525.44M-33.8%
Price / sales-2.1×2.1×-0.7×2.8×-0.2×+2.1×0.9×-0.8×
Price / book0.8×-2.0×2.2×-1.3×3.5×-0.1×3.6×+2.7×0.8×-0.9×
EV / sales0.9×-2.5×2.5×-0.9×3.4×-0.2×3.6×+2.4×1.3×-0.8×
Free cash flow yield6.8%6.1%

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Questions, answered.

What are Microvast Holdings, Inc.'s profit margins?
Microvast Holdings, Inc. (MVST) runs a 26.4% gross margin and a 9.7% operating margin, with a -28.8% net margin.
Where do Microvast Holdings, Inc.'s ratios come from?
Every ratio is computed from Microvast Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.