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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin26.4%-8.6pp28.6%-2.9pp36.6%+9.4pp35.5%+11.1pp35%+14.6pp
Free cash flow margin6.9%13.1%
Efficiency
Asset turnover0.4×0.0×0.4×+0.1×0.4×+0.1×0.4×+0.1×0.4×+0.1×
Liquidity
Current ratio-0.4×0.9×-0.4×0.8×-0.5×0.8×-0.3×1.3×+0.3×
Quick ratio0.7×-0.2×0.7×-0.1×0.6×-0.2×0.6×-0.2×0.9×+0.3×
Cash ratio0.3×-0.1×0.2×0.0×0.3×-0.1×0.3×0.0×0.4×+0.1×
Leverage
Debt-to-equity0.2×-0.4×0.6×+0.1×1.2×+0.7×1.1×+0.7×0.6×+0.3×
Debt-to-assets0.1×-0.2×0.2×0.0×0.4×+0.2×0.4×+0.2×0.3×+0.1×
Per Share
Book value per share$1.21-0.3%$1.26+3.8%$1.11-16.5%$1.10-23.7%$1.21-29.9%
Valuation
Market capitalization$374.8M-70.5%$918.91M+37.8%$1.25B+1,491%$1.27B+784%$378.96M+43.7%
Enterprise value$341.93M-75.9%$1.07B+34.2%$1.52B+802%$1.53B+619%$525.44M+63.8%
Price / sales-2.1×2.1×+0.4×2.8×+2.6×+2.6×0.9×+0.1×
Price / book0.8×-2.0×2.2×+0.5×3.5×+3.3×3.6×+3.3×0.8×+0.4×
EV / sales0.9×-2.5×2.5×+0.4×3.4×+3.0×3.6×+3.0×1.3×+0.3×
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.