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Microvast Holdings, Inc.

MVST · XNAS

CIK 1760689fmd_1V9PH4ZJSE37V9N3W8GP9T4ZPWManufacturing · Miscellaneous Electrical Machinery, Equipment & SuppliesTemplate: Standard

Coverage: Jan 01, 2019 to Sep 30, 2026, 31 periods

Latest annual · FY2025

Millions
Total revenues
428
Gross profit
122
Operating income
7
Net income
(29)

Latest quarter · Q3 FY2026

Millions
Total revenues
46
Gross profit
2
Operating income
(67)
Net income
(77)
Free cash flow
(34)
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2022 to FY2025
+27.9%
Revenue, 5 yearsFY2020 to FY2025
+31.8%
Net income, 5 yearsFY2020 to FY2025
n/m

Microvast Holdings, Inc. (MVST) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
Revenue$427.5 million$379.8 million+12.6%10-K 2026-03-16 · proof
Gross profit$122.1 million$119.6 million+2.1%10-K 2026-03-16 · proof
Operating income$7 million-$116.1 million10-K 2026-03-16 · proof
Net income-$29.2 million-$195.5 million10-K 2026-03-16 · proof
Cash from operating activities$75.9 million$2.8 million+2,597.5%10-K 2026-03-16 · proof
Free cash flow$56.1 million-$24.9 million10-K 2026-03-16 · proof
Total assets$1 billion$951.9 million+5.6%10-K 2026-03-16 · proof
Total liabilities$594.9 million$564 million+5.5%10-K 2026-03-16 · proof
Cash and cash equivalents$105 million$73 million+43.8%10-K 2026-03-16 · proof
Total debt$106.3 million$111.7 million-4.9%10-K 2026-03-16 · proof
What was Microvast Holdings, Inc. (MVST)'s revenue in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported revenue of $427.5 million for fiscal 2025 (the year ended Dec 31, 2025), against $379.8 million the year before (+12.6%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What was Microvast Holdings, Inc. (MVST)'s gross profit in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported gross profit of $122.1 million for fiscal 2025 (the year ended Dec 31, 2025), against $119.6 million the year before (+2.1%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What was Microvast Holdings, Inc. (MVST)'s operating income in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported operating income of $7 million for fiscal 2025 (the year ended Dec 31, 2025), against -$116.1 million the year before. Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What was Microvast Holdings, Inc. (MVST)'s net income in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported net income of -$29.2 million for fiscal 2025 (the year ended Dec 31, 2025), against -$195.5 million the year before. Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What was Microvast Holdings, Inc. (MVST)'s cash from operating activities in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported cash from operating activities of $75.9 million for fiscal 2025 (the year ended Dec 31, 2025), against $2.8 million the year before (+2,597.5%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What was Microvast Holdings, Inc. (MVST)'s free cash flow in fiscal 2025?
Microvast Holdings, Inc. (MVST) reported free cash flow of $56.1 million for fiscal 2025 (the year ended Dec 31, 2025), against -$24.9 million the year before. Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What are Microvast Holdings, Inc. (MVST)'s total assets?
As of Dec 31, 2025, Microvast Holdings, Inc. (MVST) reported total assets of $1 billion, against $951.9 million a year earlier (+5.6%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What are Microvast Holdings, Inc. (MVST)'s total liabilities?
As of Dec 31, 2025, Microvast Holdings, Inc. (MVST) reported total liabilities of $594.9 million, against $564 million a year earlier (+5.5%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What are Microvast Holdings, Inc. (MVST)'s cash and cash equivalents?
As of Dec 31, 2025, Microvast Holdings, Inc. (MVST) reported cash and cash equivalents of $105 million, against $73 million a year earlier (+43.8%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC
What is Microvast Holdings, Inc. (MVST)'s total debt?
As of Dec 31, 2025, Microvast Holdings, Inc. (MVST) reported total debt of $106.3 million, against $111.7 million a year earlier (-4.9%). Source: the 10-K filed with the SEC on Mar 16, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:MVST&period_type=annual&limit=5"

Information only, not investment advice.