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Discontinued — last reported Q1 '26

Total Revenue at other companies

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NeoVoltaNEOV
$2.02M+0.5%
Ultralife logo
UltralifeULBI
$47.94M-1.3%
EnerSys logo
EnerSysENS
$987.94M+1.3%
KULR Technology Group logo
KULR Technology GroupKULR
$4.85M+97.9%
SES AI logo
SES AISES
$5.07M+43.8%
Enovix Corporation logo
Enovix CorporationENVX
$7.6M+49.1%

Segments

By geography

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India$47.32M+166%
China$39.12M
Italy$14.15M
France$1.95M
United States$182K

Other financials

Income statement

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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-69.4%
Enterprise value$268.97M-78.4%
P/E123×
P/S0.8×-1.5×

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:Revenues.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues$60,612$116,491
Cost of revenues(41,456)(73,475)
Gross profit19,15643,016
Operating expenses:
General and administrative expenses(12,941)(14,120)
Research and development expenses(8,810)(8,248)
Selling and marketing expenses(5,342)(6,799)
Total operating expenses(27,093)(29,167)

Item 1. ated Financial

FAQ

What is Microvast Holdings, Inc.'s total revenue?
Microvast Holdings, Inc. (MVST) reported total revenue of $60.61M in Q1 2026.
How has Microvast Holdings, Inc.'s total revenue changed year-over-year?
Microvast Holdings, Inc.'s total revenue decreased by 48.0% year-over-year, from $116.49M to $60.61M.
What is the long-term trend for Microvast Holdings, Inc.'s total revenue?
Over 4 years (2021 to 2025), Microvast Holdings, Inc.'s total revenue has grown at a 29.5% compound annual growth rate (CAGR), from $151.98M to $427.52M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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