MVSTNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31

Microvast Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026

$0.51−0.01 (-2.20%)

Close on Oct 19, 2026

Market cap: $176.85M
P/E (TTM): –
Dividend yield: –

Microvast Holdings, Inc. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31
Cash & Equivalents	105	73	45	303	536	41	42	86
Short-Term Investments	–	0	5.63	25	0	–	280	–
Cash & Short-Term Investments	105	73	50	328	536	41	322	86
Receivables	156	121	139	119	89	76	–	–
Inventory	89	143	150	84	53	45	–	–
Prepaid Expenses & Other	17	27	26	12	17	6.02	0.19	0.00
Other Current Assets	279	–	–	–	–	–	–	–
Total Current Assets	449	428	426	545	707	189	0.40	0.02
Property, Plant & Equipment	508	478	621	335	253	198	–	–
Gross Property, Plant & Equipment	439	416	407	241	245	208	–	–
Accumulated Depreciation	-172	-134	-108	-101	-89	-67	–	–
Construction in Progress	240	196	322	196	97	57	–	–
Long-Term Investments	–	–	–	–	–	282	280	–
Operating Lease Right-of-Use Assets	17	18	20	16	19	14	–	–
Intangible Assets	2.18	2.61	3.14	1.64	1.88	2.28	–	–
Deferred Tax Assets	5.43	0	–	–	–	–	–	–
Other Long-Term Assets	12	14	9.66	74	20	0.89	–	–
Total Assets	1,005	952	1,097	985	995	405	280	0.10
Accounts Payable	47	65	113	45	40	42	0.27	0.00
Accrued Expenses	–	–	–	–	59	1.70	–	–
Short-Term Debt	93	71	35	17	13	12	–	–
Current Debt	93	71	35	17	13	12	–	–
Current Portion of Leases	2.79	3.04	2.41	1.93	0	–	–	–
Current Income Taxes Payable	8.95	0.65	0.66	0.66	0.67	0.66	–	–
Deferred Revenue (Current)	5.61	44	43	54	1.53	–	–	–
Other Current Liabilities	–	–	14	8.61	11	3.96	–	–
Total Current Liabilities	488	330	403	252	176	184	0.27	0.08
Long-Term Leases	14	15	17	14	0	–	–	–
Operating Lease Liabilities	17	18	20	16	19	–	–	–
Deferred Tax Liabilities	–	–	–	–	–	0.02	0.03	–
Other Long-Term Liabilities	37	30	25	32	40	111	–	–
Total Liabilities	595	564	533	372	309	389	0.70	0.08
Total Debt	93	71	35	17	13	12	–	–
Preferred Stock	0	0	–	–	–	–	–	–
Common Stock	0.03	0.03	0.03	0.03	0.03	0.01	0.00	0.00
Additional Paid-In Capital	1,544	1,513	1,481	1,416	1,306	4.03	1.61	0.03
Retained Earnings	-1,122	-1,093	-898	-791	-632	-398	3.39	0.00
Comprehensive Income & Other	-17	-38	-26	-18	6.70	7.36	–	–
Shareholders' Equity	411	388	564	613	–	5.00	-320	-267
Noncontrolling Interest	–	–	–	0	–	–	–	–
Total Equity	411	388	564	613	687	-385	-320	-267
Total Liabilities & Equity	1,005	952	1,097	985	995	405	280	0.10
Shares Outstanding(shares)	332	323	315	308	299	99	27	23

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 25.1%
Operating margin: -10.3%
Net margin: -7.9%
Return on equity, FY2025: -7.3%

Financial strength

Current ratio: 1.09
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 37.2%

Valuation

P/E ratio: –
Price to sales: 0.48
Price to book: 0.33
Dividend yield: –