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. income statement

Annual Quarterly TTM

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

Line item	TTM Q2 2026 2026-06-30	TTM Q1 2026 2026-03-31	TTM FY 2025 2025-12-31	TTM Q3 2025 2025-09-30	TTM Q2 2025 2025-06-30	TTM Q1 2025 2025-03-31	TTM FY 2024 2024-12-31	TTM Q3 2024 2024-09-30	TTM Q2 2024 2024-06-30	TTM Q1 2024 2024-03-31	TTM FY 2023 2023-12-31	TTM Q3 2023 2023-09-30	TTM Q2 2023 2023-06-30	TTM Q1 2023 2023-03-31	TTM FY 2022 2022-12-31	TTM Q3 2022 2022-09-30	TTM Q2 2022 2022-06-30	TTM Q1 2022 2022-03-31	TTM FY 2021 2021-12-31	TTM Q3 2021 2021-09-30	TTM Q2 2021 2021-06-30	TTM Q1 2021 2021-03-31	TTM FY 2020 2020-12-31	TTM Q3 2020 2020-09-30	TTM Q2 2020 2020-06-30	TTM Q1 2020 2020-03-31	TTM FY 2019 2019-12-31
Revenue	368	372	428	445	423	415	380	371	350	341	307	267	225	215	204	206	205	174	152	133	127	–	108	–	–	–	–
Cost of Revenue	–	–	–	282	273	270	260	270	264	271	249	230	205	201	195	198	235	215	195	169	123	–	90	–	–	–	–
Gross Profit	92	98	122	163	150	145	120	101	85	70	57	36	21	14	9.07	8.00	-30	-41	-43	-35	4.36	–	17	–	–	–	–
Research & Development	36	35	34	32	35	38	41	44	46	46	45	44	42	43	44	44	46	42	34	27	18	–	17	–	–	–	–
Selling, General & Admin	92	88	80	91	82	96	104	109	124	124	120	111	108	119	125	141	178	147	123	93	36	–	33	–	–	–	–
Selling & Marketing	22	21	22	23	22	24	23	22	23	24	24	22	22	22	23	25	26	24	21	19	15	–	14	–	–	–	–
General & Administrative	70	67	58	67	59	72	81	87	100	100	97	89	86	97	103	117	151	123	102	74	22	–	19	–	–	–	–
Operating Expenses	131	127	118	130	124	227	238	241	258	171	166	157	152	164	171	186	224	189	157	120	55	39	49	–	–	–	57
Operating Income	-38	-27	6.98	36	30	-78	-116	-137	-170	-99	-107	-119	-130	-148	-160	-173	-249	-226	-194	-150	-46	-24	-29	-63	-54	-54	-54
Interest Expense	5.02	4.94	4.90	5.29	8.33	9.17	9.71	9.31	5.51	3.90	2.63	2.30	2.58	2.99	3.32	3.25	3.72	4.36	5.41	6.13	6.28	–	5.74	–	–	–	–
Interest & Investment Income	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-1.93	-0.95	0.04	-0.70	0.30	0.98	0.37
Other Non-Operating Income	0.73	0.38	0.24	1.60	1.37	1.00	0.16	-1.68	-1.24	-1.64	-0.71	0.86	1.08	1.33	0.94	0.67	0.30	0.34	-0.06	0.61	0.70	0.56	0.65	-1.19	0.14	2.03	-0.15
Pretax Income	–	–	-35	-127	-113	-109	-195	-138	-177	-102	-106	-115	-126	-144	-158	-171	-251	-234	-206	-164	-58	-31	-34	-71	-59	-57	-59
Income Tax Expense	–	–	-5.33	0.96	0.22	0	0	0.01	0.01	0.01	0.01	0.03	0.03	0.03	0.03	-0.32	-0.22	-0.11	0	0.32	-0.06	-0.21	0.00	-0.30	0.20	0.58	0.19
Net Income incl. Noncontrolling Interests	51	-43	-29	-128	-113	-109	-195	-138	-177	-102	-106	-116	-126	-144	-158	-171	-251	-234	-206	-164	-58	-31	-34	-71	-60	-58	-60
Minority Interest in Earnings	–	–	–	–	–	0	0	-0.06	-0.10	-0.09	-0.08	-0.02	0.02	0.01	0	–	–	–	–	–	–	–	–	–	–	–	–
Net Income	–	–	-29	-128	-113	-109	-195	-138	-177	-102	-106	-115	-126	-144	-158	–	–	–	–	–	-6.13	-4.38	-2.42	2.09	3.45	5.01	3.39
EPS (Basic)(per share)	0.17	-0.13	-0.09	-0.40	-0.36	-0.35	-0.61	-0.44	-0.56	-0.32	-0.34	-0.37	-0.41	-0.48	-0.52	–	–	–	–	–	–	–	–	–	–	–	–
EPS (Diluted)(per share)	–	–	–	-0.54	-0.51	-0.50	-0.61	-0.45	-0.56	-0.32	-0.34	-0.37	-0.41	-0.48	-0.52	–	–	–	–	–	–	–	–	–	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	333	327	325	323	323	320	318	317	315	313	311	309	307	305	303	301	286	235	186	135	99	81	99	–	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	346	340	325	336	347	345	318	328	315	313	311	309	307	305	303	301	286	235	186	135	99	81	99	–	–	–	–

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: –