Microvast Inc.

MVST | NASDAQ

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$0.65

+$0.01 (+1.99%)

At close: Sep 21, 2026, 4:00 PM ET

$0.68

+$0.03 (+4.60%)

Pre-market: Sep 22, 2026, 6:30 AM ET

Overview Rating Statistics Financials Earnings Analysts Ownership Profile

Income Statement Balance Sheet Cashflow Statement Ratios

Annual Quarterly TTM

Fiscal Quarter Period Ending	Q2 2026 Jun 29, 2026	Q1 2026 Mar 30, 2026	Q4 2025 Dec 30, 2025	Q3 2025 Sep 29, 2025	Q2 2025 Jun 29, 2025	Q1 2025 Mar 30, 2025	Q4 2024 Dec 30, 2024	Q3 2024 Sep 29, 2024	Q2 2024 Jun 29, 2024	Q1 2024 Mar 30, 2024	Q4 2023 Dec 30, 2023	Q3 2023 Sep 29, 2023	Q2 2023 Jun 29, 2023	Q1 2023 Mar 30, 2023	Q4 2022 Dec 30, 2022	Q3 2022 Sep 29, 2022	Q2 2022 Jun 29, 2022	Q1 2022 Mar 30, 2022	Q4 2021 Dec 30, 2021	Q3 2021 Sep 29, 2021	Q2 2021 Jun 29, 2021	Q1 2021 Mar 30, 2021
Revenue	87.26M	60.61M	96.4M	123.29M	91.34M	116.49M	113.39M	101.39M	83.68M	81.35M	104.58M	80.12M	74.95M	46.97M	64.8M	38.62M	64.41M	36.67M	66.77M	36.89M	33.37M	14.94M
Cost of Revenue	61.48M	41.46M	95.44M	76.88M	59.62M	73.48M	71.87M	67.78M	56.48M	64.13M	81.55M	62.23M	63.49M	42.12M	62.57M	36.62M	59.57M	36.66M	65.62M	72.78M	40.15M	16.18M
Gross Profit	25.78M	19.16M	959K	46.41M	31.72M	43.02M	41.52M	33.61M	27.2M	17.23M	23.02M	17.88M	11.46M	4.86M	2.23M	1.99M	4.84M	13K	1.15M	-35.89M	-6.77M	-1.24M
Operating Income	-1.72M	-7.93M	-38.42M	12.99M	16.21M	18.93M	-24.53M	7.19M	-98.74M	-23.12M	-23.01M	-26.35M	-26.87M	-31.3M	-34.63M	-37.09M	-44.97M	-43.26M	-47.59M	-113.3M	-22.34M	-10.84M
Interest Income	733K	382K	346K	236K	198K	177K	191K	186K	246K	119K	128K	582K	1.52M	1.38M	1.58M	870K	420K	314K	142K	97K	111K	96K
Pretax Income	-11.99M	48.21M	10.26M	-750K	-105.84M	61.79M	-105.44M	13.25M	-101.56M	-24.83M	-24.58M	-26.17M	-26.08M	-29.57M	-33.67M	-36.54M	-44.18M	-43.78M	-46.96M	-116.37M	-26.96M	-16.19M
Net Income	-11.99M	48.21M	16.54M	-1.49M	-106.06M	61.79M	-105.44M	13.25M	-101.56M	-24.83M	-24.54M	-26.13M	-26.09M	-29.58M	-33.7M	-36.54M	-44.18M	-43.78M	-46.64M	-117.99M	-31.11M	-20.27M
Selling & General & Admin	18.63M	18.28M	29.68M	25.67M	7.42M	17.25M	29.34M	16.8M	28.54M	29.39M	34.64M	31.01M	29.41M	25.37M	26.79M	28.15M	40.15M	32.1M	41.01M	64.44M	9.88M	7.73M
Research & Development	8.86M	8.81M	10.39M	7.76M	7.72M	8.25M	8.77M	10.69M	10.11M	11.49M	11.4M	13.24M	9.51M	10.86M	10.5M	11.46M	10.24M	11.31M	11.19M	13.52M	5.9M	3.79M
Other Expenses	9K	n/a	-687K	-8K	369K	-1.42M	27.94M	-1.07M	87.29M	-534K	n/a	-20K	-586K	-77K	-439K	-520K	-576K	-137K	-3.45M	-545K	-213K	-1.92M
Operating Expenses	27.5M	27.09M	39.37M	33.42M	15.51M	24.08M	66.05M	26.43M	125.94M	40.34M	46.04M	44.23M	38.33M	36.16M	36.85M	39.08M	49.81M	43.27M	48.75M	77.41M	15.57M	9.6M
Interest Expense	1.33M	1.23M	1.21M	1.26M	1.25M	1.19M	1.6M	4.29M	2.09M	1.73M	1.19M	491K	487K	459K	858K	774K	895K	796K	781K	1.25M	1.54M	1.85M
Selling & Marketing Expenses	4.74M	5.34M	5.97M	6.01M	3.42M	6.8M	7M	4.96M	5.03M	5.59M	6.7M	6.03M	5.9M	4.99M	5.24M	5.56M	5.81M	6M	7.19M	7.38M	3.71M	3.16M
Cost & Expenses	88.98M	68.55M	134.81M	110.29M	75.13M	97.56M	137.92M	94.2M	182.42M	104.47M	127.59M	106.46M	101.82M	78.27M	99.42M	75.71M	109.39M	79.93M	114.37M	150.19M	55.71M	25.77M
Income Tax Expense	n/a	n/a	-6.28M	739K	220K	n/a	n/a	n/a	n/a	n/a	10K	n/a	n/a	n/a	33K	n/a	n/a	n/a	-324K	106K	109K	109K
Shares Outstanding (Basic)	348.95M	332.36M	327.93M	323.76M	323.64M	323.43M	322.33M	320.55M	315.51M	315.37M	314.97M	313.11M	307.74M	307.72M	307.63M	305.98M	300.57M	291.84M	298.84M	243.86M	300.52M	300.52M
Shares Outstanding (Diluted)	348.95M	385.27M	337.43M	323.76M	323.64M	374.43M	322.33M	367.03M	315.51M	315.37M	314.97M	313.11M	307.74M	307.72M	307.63M	305.98M	300.57M	298.84M	298.84M	243.86M	300.52M	300.52M
EPS (Basic)	-0.03	0.15	0.05	0	-0.33	0.19	-0.33	0.04	-0.32	-0.08	-0.08	-0.08	-0.08	-0.10	-0.11	-0.12	-0.15	-0.15	-0.16	-0.49	-0.09	-0.09
EPS (Diluted)	-0.03	0.15	0.05	0	-0.33	0.05	-0.33	0.03	-0.32	-0.08	-0.08	-0.08	-0.08	-0.10	-0.11	-0.12	-0.15	-0.15	-0.16	-0.49	-0.09	-0.09
EBITDA	-10.66M	57.52M	19.85M	8.78M	-96.29M	71.16M	-96.03M	25.26M	-91.83M	-15.43M	-15.7M	-20.64M	-20.49M	-24.02M	-28.02M	-30.85M	-37.53M	-36.97M	-40.37M	-110.08M	-20.45M	-9.47M
EBIT	-10.66M	49.44M	11.46M	505K	-104.59M	62.98M	-103.84M	17.54M	-99.46M	-23.09M	-23.39M	-25.68M	-25.59M	-29.11M	-32.81M	-35.77M	-43.29M	-42.98M	-46.18M	-115.12M	-25.42M	-14.34M
Depreciation & Amortization	n/a	8.08M	8.38M	8.27M	8.3M	8.18M	7.81M	7.72M	7.64M	7.66M	7.69M	5.04M	5.1M	5.1M	4.78M	4.92M	5.76M	6.01M	5.82M	5.05M	4.98M	4.88M