Symbols

MVST

Microvast Holdings·NASDAQ

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MVST fundamentals

MVST Q4 2025 Earnings

Microvast Holdings (MVST) released its earnings on Mar 16, 2026: revenue was 96.40M (YoY -14.98%), missed estimates; EPS was -0.11 (YoY -1000.00%), missed estimates.

Revenue / YoY

96.40M

-14.98%

EPS / YoY

-0.11

-1000.00%

Report date

Mar 16, 2026

MVST Earnings Call Summary for Q4,2025

Record Revenue Growth: $427.5M in 2025 (+12.6% YoY), driven by U.S. expansion (+173%) and EMEA resilience.
Gross Margin Resilience: 28.6% despite $32.5M inventory charge, underpinned by improved product mix and manufacturing efficiency.
Profitability Milestones: Non-GAAP net profit of $13M and EBITDA of $44.7M, up from negative $44.8M in 2024.
2026 Expansion Plan: Huzhou 3.2 (2GWh capacity) and Clarksville pack line to support next-gen cell production and U.S. demand.
Strategic Focus: High-margin industrial and transit segments, all-solid-state R&D, and cash flow positivity.

Earnings

EPS

Revenue

Revenue & Expenses

MVST has released its 2025 Q4 earnings report, with revenue of 96.40M, reflecting a YoY change of -14.98%, and net profit of 16.54M, showing a YoY change of 120.09%. The Sankey diagram below clearly presents MVST's revenue sources and cost distribution.

Key Indicators

Microvast Holdings (MVST) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Microvast Holdings (MVST)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Balance Sheet

Microvast Holdings (MVST)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Cash Flow

Microvast Holdings (MVST)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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