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.

Microvast Holdings, Inc. MVST Total Revenue

Discontinued — last reported Q1 '26

Total Revenue at other companies

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$6.71M+15.8%

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$987.94M+1.3%

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$21.88M+156%

AlbemarleALB

$1.43B+32.7%

Enovix CorporationENVX

$7.6M+49.1%

SolarEdge TechnologiesSEDG

$310.5M+41.5%

Segments

By geography

See full

India$47.32M+166%

China$39.12M—

Italy$14.15M—

France$1.95M—

United States$182K—

Other financials

Income statement

See full

Gross profit$19.2M-55.5%

Operating income-$7.9M-152%

Net income$48.2M-22.0%

EPS (diluted)-$0.04-180%

Balance sheet

See full

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

See full

Operating cash flow-$22.8M-418%

CapEx$2.9M+21.7%

Free cash flow-$25.7M-632%

Valuation

See full

Market cap$374.8M-70.5%

Enterprise value$341.93M-75.9%

P/E152.7×—

P/S1×-2.1×

Profitability

See full

Gross margin26.4%-8.6pp

Operating margin9.7%+5.4pp

Net margin-28.8%-5.3pp

FCF margin6.9%—

Returns & leverage

See full

Return on equity-30.3%+5.7pp

Debt / equity0.2×-0.4×

Current ratio1×-0.4×

Where this comes from

Reported directly by Microvast Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 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.